PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1301802
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1301802
India Tattoo Removal Devices Market, By Devices ; By End-use ; By Region, Trend Analysis, Competitive Landscape & Forecast, 2019-2029
India Tattoo Removal Devices Market Size Set to Grow at Steady CAGR of 7.53% to Reach USD 7.95 Billion by 2029
India tattoo removal devices market is rapidly growing due to the increasing popularity of tattoos and subsequent demand for tattoo removal, advancements in laser technology for efficient removal, rising disposable income, and changing cultural perceptions towards tattoos in professional and social settings.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated India tattoo removal devices market size at USD 4.82 billion in 2022. During the forecast period between 2023 and 2029, India tattoo removal devices market size is to grow at a robust CAGR of 7.53% reaching a value of USD 7.95 billion by 2029. The market for tattoo removal technologies in India is growing quickly. One of the major trends is the rising demand for tattoo removal operations as a result of altering lifestyles, shifting fashion preferences, and expanding public awareness of the existence of cutting-edge removal methods. Due to its efficiency and lack of negative side effects, laser-based tattoo removal systems are becoming more popular on the market. As a result of technological developments like the creation of Q-switched lasers and picosecond lasers, tattoo removal methods are now more effective and safe. The tattoo removal equipment market in India is expanding as a result of increasing disposable income, an increase in tattoo parlors, and a move towards non-invasive techniques.
India Tattoo Removal Devices Market - Overview:
Tattoo removal devices are specialized tools and technology that are used to remove undesirable tattoos from the skin. These machines use a variety of methods to successfully break down and remove tattoo pigments. Laser tattoo removal is a popular method that uses high-intensity laser beams to target and shatters the tattoo ink into tiny particles. The immune system of the body then naturally eliminates these shattered pigments. Other tattoo removal devices may use various approaches to break down tattoo pigments, such as intense pulsed light (IPL) or radiofrequency energy. Tattoo removal technologies are designed to gradually fade or erase tattoos, providing individuals with a way to reverse the permanent character of their inked patterns.
Impact of COVID-19 on India Tattoo Removal Devices Market
The COVID-19 pandemic significantly impacted the India tattoo removal devices market. The strict lockdown measures, closure of tattoo studios, and reduced consumer spending on non-essential services resulted in a temporary decline in demand for tattoo removal devices. However, as the country gradually recovers from the crisis, the market is showing signs of revival. The growing awareness about personal hygiene and safety concerns among individuals has prompted an increased interest in tattoo removal procedures. Also, advancements in technology and the introduction of innovative, non-invasive tattoo removal devices are driving the market's recovery, indicating a promising future for the India tattoo removal devices market.
India Tattoo Removal Devices Market - By End Use:
On the basis of end use, India tattoo removal devices market is divided into Dermatology Clinics and Medical Spa & Beauty Centers segments. The larger segment is the Dermatology Clinics segment. Dermatology clinics specialize in various skin treatments and procedures, including tattoo removal. These clinics are equipped with advanced technologies and experienced dermatologists who cater to individuals seeking tattoo removal services. With the increasing popularity of tattoo removal and the growing demand for professional expertise in this field, dermatology clinics have emerged as the dominant segment of the market. They offer a wide range of services, ensuring safe and effective tattoo removal procedures for individuals looking to remove unwanted tattoos.
Competitive Landscape:
India tattoo removal devices market is fiercely competitive. Major companies in the market include Cynosure, Syneron Candela, Lutronic Corporation, Cutera Inc., Alma Lasers, Lumenis Ltd., Fotona d.o.o., Quanta System S.p.A., Astanza Laser LLC, and Sciton Inc. Companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in India tattoo removal devices market.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of India Tattoo Removal Devices Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in India Tattoo Removal Devices Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. India Tattoo Removal Devices Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Increasing popularity of tattoos among the younger generation
- 3.2.1.2. Technological advancements in tattoo removal devices
- 3.2.1.3. Rising demand for non-invasive procedures
- 3.2.2. Restraints
- 3.2.2.1. High cost of tattoo removal devices
- 3.2.3. Opportunities
- 3.2.3.1. Growth of aesthetic clinics in India
- 3.2.4. Challenges
- 3.2.4.1. Cultural and societal factors hinder the acceptance of tattoo removal services
- 3.2.1. Growth Drivers
- 3.3. Technology Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. India Tattoo Removal Devices Market Overview
- 4.1. Market Size & Forecast, 2019-2029
- 4.1.1. By Value (USD Million)
- 4.2. Market Share & Forecast
- 4.2.1. By Devices
- 4.2.1.1. Laser Devices
- 4.2.1.2. Radiofrequency Devices
- 4.2.1.3. Ultrasound Devices
- 4.2.1.4. Others
- 4.2.2. By End-use
- 4.2.2.1. Dermatology Clinics
- 4.2.2.2. Medical Spa & Beauty Centers
- 4.2.3. By Region
- 4.2.3.1. North India
- 4.2.3.2. South India
- 4.2.3.3. East India
- 4.2.3.4. West India
- 4.2.1. By Devices
5. North India Tattoo Removal Devices Market
- 5.1. Market Size & Forecast, 2019-2029
- 5.1.1. By Value (USD Million)
- 5.2. Market Share & Forecast
- 5.2.1. By Devices
- 5.2.2. By End-use
6. South India Tattoo Removal Devices Market
- 6.1. Market Size & Forecast, 2019-2029
- 6.1.1. By Value (USD Million)
- 6.2. Market Share & Forecast
- 6.2.1. By Devices
- 6.2.2. By End-use
7. East India Tattoo Removal Devices Market
- 7.1. Market Size & Forecast, 2019-2029
- 7.1.1. By Value (USD Million)
- 7.2. Market Share & Forecast
- 7.2.1. By Devices
- 7.2.2. By End-use
8. West India Tattoo Removal Devices Market
- 8.1. Market Size & Forecast, 2019-2029
- 8.1.1. By Value (USD Million)
- 8.2. Market Share & Forecast
- 8.2.1. By Devices
- 8.2.2. By End-use
9. Competitive Landscape
- 9.1. List of Key Players and Their Offerings
- 9.2. India Tattoo Removal Devices Company Market Share Analysis, 2022
- 9.3. Competitive Benchmarking, By Operating Parameters
- 9.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
10. Impact of Covid-19 on India Tattoo Removal Devices Market
11. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- 11.1. Cynosure
- 11.2. Syneron Candela
- 11.3. Lutronic Corporation
- 11.4. Cutera Inc.
- 11.5. Alma Lasers
- 11.6. Lumenis Ltd.
- 11.7. Fotona d.o.o.
- 11.8. Quanta System S.p.A.
- 11.9. Astanza Laser LLC
- 11.10. Sciton Inc.
- 11.11. Other Prominent Players
12. Key Strategic Recommendations
13. Research Methodology
- 13.1. Qualitative Research
- 13.1.1. Primary & Secondary Research
- 13.2. Quantitative Research
- 13.3. Market Breakdown & Data Triangulation
- 13.3.1. Secondary Research
- 13.3.2. Primary Research
- 13.4. Breakdown of Primary Research Respondents, By Region
- 13.5. Assumptions & Limitations
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
List of Figures
- Figure 1 India Tattoo Removal Devices Market Segmentation
- Figure 2 India Tattoo Removal Devices Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2021
- Figure 4 India Tattoo Removal Devices Market Size, By Value (USD Billion), 2019-2029
- Figure 5 India Tattoo Removal Devices Market Share, By Device, By Value, 2019-2029
- Figure 7 India Tattoo Removal Devices Market Share, By End-use, By Value, 2019-2029
- Figure 8 India Tattoo Removal Devices Market Share, By Region, By Value, 2019-2029
- Figure 10 North India Tattoo Removal Devices Market Size, By Value (USD Billion), 2019-2029
- Figure 11 North India Tattoo Removal Devices Market Share, By Device, By Value, 2019-2029
- Figure 12 North India Tattoo Removal Devices Market Share, By End-use, By Value, 2019-2029
- Figure 13 South India Tattoo Removal Devices Market Size, By Value (USD Billion), 2019-2029
- Figure 14 South India Tattoo Removal Devices Market Share, By Device, By Value, 2019-2029
- Figure 15 South India Tattoo Removal Devices Market Share, By End-use, By Value, 2019-2029
- Figure 16 East India Tattoo Removal Devices Market Size, By Value (USD Billion), 2019-2029
- Figure 17 East India Tattoo Removal Devices Market Share, By Device, By Value, 2019-2029
- Figure 18 East India Tattoo Removal Devices Market Share, By End-use, By Value, 2019-2029
- Figure 19 West India Tattoo Removal Devices Market Size, By Value (USD Billion), 2019-2029
- Figure 20 West India Tattoo Removal Devices Market Share, By Device, By Value, 2019-2029
- Figure 21 West India Tattoo Removal Devices Market Share, By End-use, By Value, 2019-2029
List of Tables
- Table 1 India Tattoo Removal Devices Market Size, By Device, By Value, 2019-2029
- Table 2 India Tattoo Removal Devices Market Size, By End-use, By Value, 2019-2029
- Table 3 India Tattoo Removal Devices Market Size, By Region, By Value, 2019-2029
- Table 4 North India Tattoo Removal Devices Market Size, By Device, By Value, 2019-2029
- Table 5 North India Tattoo Removal Devices Market Size, By End-use, By Value, 2019-2029
- Table 6 South India Tattoo Removal Devices Market Size, By Device, By Value, 2019-2029
- Table 7 South India Tattoo Removal Devices Market Size, By End-use, By Value, 2019-2029
- Table 8 East India Tattoo Removal Devices Market Size, By Device, By Value, 2019-2029
- Table 9 East India Tattoo Removal Devices Market Size, By End-use, By Value, 2019-2029
- Table 10 West India Tattoo Removal Devices Market Size, By Device, By Value, 2019-2029
- Table 11 West India Tattoo Removal Devices Market Size, By End-use, By Value, 2019-2029
- Table 12 West India Tattoo Removal Devices Market Size,
- Table 13 Cynosure Company Overview
- Table 14 Cynosure Financial Overview
- Table 15 Syneron Candela Company Overview
- Table 16 Syneron Candela Financial Overview
- Table 17 Lutronic Corporation Company Overview
- Table 18 Lutronic Corporation Financial Overview
- Table 19 Cutera Inc. Company Overview
- Table 20 Cutera Inc. Financial Overview
- Table 21 Alma Lasers Company Overview
- Table 22 Alma Lasers Financial Overview
- Table 23 Lumenis Ltd. Company Overview
- Table 24 Lumenis Ltd. Financial Overview
- Table 25 Fotona d.o.o. Company Overview
- Table 26 Fotona d.o.o. Financial Overview
- Table 27 Quanta System S.p.A. Company Overview
- Table 28 Quanta System S.p.A. Financial Overview
- Table 29 Astanza Laser LLC Company Overview
- Table 30 Astanza Laser LLC Financial Overview
- Table 31 Sciton Inc. Company Overview
- Table 32 Sciton Inc. Financial Overview
- Table 33 Other Prominent Players Company Overview
- Table 34 Other Prominent Players Financial Overview
