Australia Tattoo Removal Market by Procedure (Lasers, Surgical, Creams, and Others) and End User (Hospitals, Clinics, and Others): Opportunity Analysis and Industry Forecast, 2019–2026
The Australia tatto-removal market was valued at $1.14 million in 2018, and is projected to reach $3.04 million by 2026, registering a CAGR of 13.0% from 2019 to 2026. Tattoo removal is a procedure to remove unwanted tattoo. The removal process can be done by using laser surgery, dermabrasion, tatto-removal creams, and surgical removal. The use of laser techniques for tatto-removal is predominant in the industry. For instance, Q-switched Nd:YAG laser, Q-switched ruby laser, and Q-switched alexandrite laser are used for removal of red, black, and blue pigments, respectively. The other alternatives available in the market for tatto-removal includes surgical excision, dermabrasion, tatto-removal creams, and plastic surgery.
Application of creams is more convenient for removal of tattoos as compared to laser and surgical procedures, as these procedures are painful; however, the use of creams is time-consuming and relatively less effective. As per data published by the Australian National Health and Medical Research Council, about 25% of Australian aged 20 to 30 have at least one tattoo. Approximately 24% of people who have tattoo regret getting it, and 1 in every 7 people in wants the tattoos to be removed. Approximately, more than 10 sessions are required for tatto-removal using lasers. In addition, major medical aesthetic companies are introducing advanced lasers for faster results for various challenging dermatological indications such as tatto-removal. For instance, in 2018, Alma Lasers launched laser device, Pico Clear at Barcelona that is specifically used in removal of colored ink tattoos, dark ink tattoos, birthmarks, benign pigmented lesions, acne scars, and wrinkles.
The tatto-removal market in Australia is witnessing a significant growth, owing to rise in trend of tattooing among the Australian population and introduction of effective tatto-removal treatments. Furthermore, the tatto-removal industry is not regulated in Australia, thus, currently there are no separate tattooist licenses for establishing a formal tattoo parlor. This encouraged the tattoo artists to set up their own studios. Thus, upsurge in number of tattoo parlors has led to rise in number of people getting inked. According to No Ink Solutions, one among five Australians were wearing a tattoo in 2018. This, in turn, increased the chances for tatto-removal, which acts as a key factor driving the growth of the tatto-removal market. Furthermore, tatto-removal due to due to personal and professional reasons has boosted the need for tatto-removal process. However, the high cost associated with tatto-removal is expected to hinder the market growth.
The Australian tatto-removal market is segmented on the basis of procedure and end user. On the basis of procedure, the market is classified into lasers, surgical, creams, and others. By end user, it is segregated into hospitals, clinics, and others. Prominent players in the market have adopted various strategies such as developing tatto-removal techniques and product launch for strengthening their foothold in the Australia tatto-removal market. Some of the key players of the market include Agic Capital, Bison Medical, Candela Corporation, Cryomed Aesthetics, Cutera Pty. Limited, Cynosure, Inc., Fosun Pharma, Lumenis, Lutronic Corporation, and Global Beauty Group.
KEY BENEFITS FOR STAKEHOLDERS
Application of creams is more convenient for removal of tattoos as compared to laser and surgical procedures, as these procedures are painful; however, the use of creams is time-consuming and relatively less effective. As per data published by the Australian National Health and Medical Research Council, about 25% of Australian aged 20 to 30 have at least one tattoo. Approximately 24% of people who have tattoo regret getting it, and 1 in every 7 people in wants the tattoos to be removed. Approximately, more than 10 sessions are required for tatto-removal using lasers. In addition, major medical aesthetic companies are introducing advanced lasers for faster results for various challenging dermatological indications such as tatto-removal. For instance, in 2018, Alma Lasers launched laser device, Pico Clear at Barcelona that is specifically used in removal of colored ink tattoos, dark ink tattoos, birthmarks, benign pigmented lesions, acne scars, and wrinkles.
The tatto-removal market in Australia is witnessing a significant growth, owing to rise in trend of tattooing among the Australian population and introduction of effective tatto-removal treatments. Furthermore, the tatto-removal industry is not regulated in Australia, thus, currently there are no separate tattooist licenses for establishing a formal tattoo parlor. This encouraged the tattoo artists to set up their own studios. Thus, upsurge in number of tattoo parlors has led to rise in number of people getting inked. According to No Ink Solutions, one among five Australians were wearing a tattoo in 2018. This, in turn, increased the chances for tatto-removal, which acts as a key factor driving the growth of the tatto-removal market. Furthermore, tatto-removal due to due to personal and professional reasons has boosted the need for tatto-removal process. However, the high cost associated with tatto-removal is expected to hinder the market growth.
The Australian tatto-removal market is segmented on the basis of procedure and end user. On the basis of procedure, the market is classified into lasers, surgical, creams, and others. By end user, it is segregated into hospitals, clinics, and others. Prominent players in the market have adopted various strategies such as developing tatto-removal techniques and product launch for strengthening their foothold in the Australia tatto-removal market. Some of the key players of the market include Agic Capital, Bison Medical, Candela Corporation, Cryomed Aesthetics, Cutera Pty. Limited, Cynosure, Inc., Fosun Pharma, Lumenis, Lutronic Corporation, and Global Beauty Group.
KEY BENEFITS FOR STAKEHOLDERS
- This report provides a detailed quantitative analysis of the current market trends and future estimations from 2019 to 2026, which assists to identify the prevailing market opportunities.
- An in-depth analysis of various regions is anticipated to provide a detailed understanding of the current trends to enable stakeholders to formulate region-specific plans.
- A comprehensive analysis of the factors that drive and restrain the growth of the Australia tatto-removal market is provided.
- An extensive analysis of various regions provides insights that allow companies to strategically plan their business moves.
- By Procedure
- Laser
- Surgical
- Creams
- Others
- By End User
- Hospitals
- Clinics
- Others
- Agic Capital
- Bison Medical
- Candela Corporation
- Cryomed Aesthetics
- Cutera Pty Limited
- Cynosure, Inc.
- Fosun Pharma
- Lumenis
- Lutronic Corporation
- Global Beauty Group
CHAPTER 1:INTRODUCTION
1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology
1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO perspective
CHAPTER 3:MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.2.2.Top winning strategies
3.3.Porter's five forces analysis
3.4.Market dynamics
3.4.1.Driver
3.4.1.1.Increase in tattoo regrets among Australian population
3.4.2.Restraint
3.4.2.1.High cost associated with tattoo removal
3.4.3.Opportunity
3.4.3.1.Technological advancement in tattoo removal methods
CHAPTER 4:AUSTRALIA TATTOO REMOVAL MARKET, BY PROCEDURE
4.1.Overview
4.1.1.Market size and forecast
4.2.Laser procedure
4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast
4.3.Surgical procedures
4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast
4.4.Creams
4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast
4.5.Others
4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast
CHAPTER 5:AUSTRALIA TATTOO REMOVAL MARKET, BY END USER
5.1.Overview
5.1.1.Market size and forecast
5.2.Hospitals
5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.3.Clinics
5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast
5.4.Others
5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast
CHAPTER 6:COMPANY PROFILES
6.1.AGIC CAPITAL
6.1.1.Company overview
6.1.2.Company snapshot
6.1.3.Operating business segments
6.1.4.Product portfolio
6.1.5.Key strategic moves and developments
6.2.BISON MEDICAL
6.2.1.Company overview
6.2.2.Company snapshot
6.2.3.Operating business segments
6.2.4.Product portfolio
6.3.CANDELA CORPORATION
6.3.1.Company overview
6.3.2.Company snapshot
6.3.3.Operating business segments
6.3.4.Product portfolio
6.3.5.Key strategic moves and developments
6.4.CRYOMED AESTHETICS
6.4.1.Company overview
6.4.2.Company snapshot
6.4.3.Operating business segments
6.4.4.Product portfolio.
6.5.CUTERA PTY. LIMITED
6.5.1.Company overview
6.5.2.Company snapshot
6.5.3.Operating business segments
6.5.4.Product portfolio
6.6.CYNOSURE, INC.
6.6.1.Company overview
6.6.2.Company snapshot
6.6.3.Operating business segments
6.6.4.Product portfolio
6.6.5.Key strategic moves and developments
6.7.FOSUN PHARMA
6.7.1.Company overview
6.7.2.Company snapshot
6.7.3.Operating business segments
6.7.4.Product portfolio
6.7.5.Business performance
6.8.LUMENIS
6.8.1.Company overview
6.8.2.Company snapshot
6.8.3.Operating business segments
6.8.4.Product portfolio
6.9.LUTRONIC CORPORATION
6.9.1.Company overview
6.9.2.Company snapshot
6.9.3.Operating business segments
6.9.4.Product portfolio
6.9.5.Business performance
6.10.GLOBAL BEAUTY GROUP
6.10.1.Company overview
6.10.2.Company snapshot
6.10.3.Operating business segments
6.10.4.Product portfolio
1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology
1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO perspective
CHAPTER 3:MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.2.2.Top winning strategies
3.3.Porter's five forces analysis
3.4.Market dynamics
3.4.1.Driver
3.4.1.1.Increase in tattoo regrets among Australian population
3.4.2.Restraint
3.4.2.1.High cost associated with tattoo removal
3.4.3.Opportunity
3.4.3.1.Technological advancement in tattoo removal methods
CHAPTER 4:AUSTRALIA TATTOO REMOVAL MARKET, BY PROCEDURE
4.1.Overview
4.1.1.Market size and forecast
4.2.Laser procedure
4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast
4.3.Surgical procedures
4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast
4.4.Creams
4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast
4.5.Others
4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast
CHAPTER 5:AUSTRALIA TATTOO REMOVAL MARKET, BY END USER
5.1.Overview
5.1.1.Market size and forecast
5.2.Hospitals
5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.3.Clinics
5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast
5.4.Others
5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast
CHAPTER 6:COMPANY PROFILES
6.1.AGIC CAPITAL
6.1.1.Company overview
6.1.2.Company snapshot
6.1.3.Operating business segments
6.1.4.Product portfolio
6.1.5.Key strategic moves and developments
6.2.BISON MEDICAL
6.2.1.Company overview
6.2.2.Company snapshot
6.2.3.Operating business segments
6.2.4.Product portfolio
6.3.CANDELA CORPORATION
6.3.1.Company overview
6.3.2.Company snapshot
6.3.3.Operating business segments
6.3.4.Product portfolio
6.3.5.Key strategic moves and developments
6.4.CRYOMED AESTHETICS
6.4.1.Company overview
6.4.2.Company snapshot
6.4.3.Operating business segments
6.4.4.Product portfolio.
6.5.CUTERA PTY. LIMITED
6.5.1.Company overview
6.5.2.Company snapshot
6.5.3.Operating business segments
6.5.4.Product portfolio
6.6.CYNOSURE, INC.
6.6.1.Company overview
6.6.2.Company snapshot
6.6.3.Operating business segments
6.6.4.Product portfolio
6.6.5.Key strategic moves and developments
6.7.FOSUN PHARMA
6.7.1.Company overview
6.7.2.Company snapshot
6.7.3.Operating business segments
6.7.4.Product portfolio
6.7.5.Business performance
6.8.LUMENIS
6.8.1.Company overview
6.8.2.Company snapshot
6.8.3.Operating business segments
6.8.4.Product portfolio
6.9.LUTRONIC CORPORATION
6.9.1.Company overview
6.9.2.Company snapshot
6.9.3.Operating business segments
6.9.4.Product portfolio
6.9.5.Business performance
6.10.GLOBAL BEAUTY GROUP
6.10.1.Company overview
6.10.2.Company snapshot
6.10.3.Operating business segments
6.10.4.Product portfolio
LIST OF TABLES
TABLE 01.AUSTRALIA TATTOO REMOVAL MARKET, BY PROCEDURE, 2018–2026 ($MILLION)
TABLE 02.AUSTRALIA TATTOO REMOVAL MARKET, BY END USER, 2019–2026 ($MILLION)
TABLE 03.AGIC: COMPANY SNAPSHOT
TABLE 04.AGIC: OPERATING SEGMENTS
TABLE 05.AGIC: PRODUCT PORTFOLIO
TABLE 06.BISON: COMPANY SNAPSHOT
TABLE 07.BISON: OPERATING SEGMENTS
TABLE 08.BISON: PRODUCT PORTFOLIO
TABLE 09.CANDELA: COMPANY SNAPSHOT
TABLE 10.CANDELA: OPERATING SEGMENTS
TABLE 11.CONMED: PRODUCT PORTFOLIO
TABLE 12.CRYOMED: COMPANY SNAPSHOT
TABLE 13.CRYOMED: OPERATING BUSINESS SEGMENTS
TABLE 14.CRYOMED: PRODUCT PORTFOLIO
TABLE 15.CUTERA: COMPANY SNAPSHOT
TABLE 16.CUTERA: OPERATING BUSINESS SEGMENTS
TABLE 17.CUTERA: PRODUCT PORTFOLIO
TABLE 18.CYNOSURE: COMPANY SNAPSHOT
TABLE 19.CYNOSURE: OPERATING BUSINESS SEGMENTS
TABLE 20.CYNOSURE: PRODUCT PORTFOLIO
TABLE 21.FOSUN: COMPANY SNAPSHOT
TABLE 22.FOSUN: PRODUCT SEGMENTS
TABLE 23.FOSUN: PRODUCT PORTFOLIO
TABLE 24.RICHARD WOLF: COMPANY SNAPSHOT
TABLE 25.LUMENIS: OPERATING SEGMENTS
TABLE 26.LUMENIS: PRODUCT PORTFOLIO
TABLE 27.LUTRONIC: COMPANY SNAPSHOT
TABLE 28.LUTRONIC: OPERATING SEGMENTS
TABLE 29.LUTRONIC: PRODUCT PORTFOLIO
TABLE 30.GLOBAL: COMPANY SNAPSHOT
TABLE 31.GLOBAL: OPERATING SEGMENT
TABLE 32.GLOBAL: PRODUCT PORTFOLIO
TABLE 01.AUSTRALIA TATTOO REMOVAL MARKET, BY PROCEDURE, 2018–2026 ($MILLION)
TABLE 02.AUSTRALIA TATTOO REMOVAL MARKET, BY END USER, 2019–2026 ($MILLION)
TABLE 03.AGIC: COMPANY SNAPSHOT
TABLE 04.AGIC: OPERATING SEGMENTS
TABLE 05.AGIC: PRODUCT PORTFOLIO
TABLE 06.BISON: COMPANY SNAPSHOT
TABLE 07.BISON: OPERATING SEGMENTS
TABLE 08.BISON: PRODUCT PORTFOLIO
TABLE 09.CANDELA: COMPANY SNAPSHOT
TABLE 10.CANDELA: OPERATING SEGMENTS
TABLE 11.CONMED: PRODUCT PORTFOLIO
TABLE 12.CRYOMED: COMPANY SNAPSHOT
TABLE 13.CRYOMED: OPERATING BUSINESS SEGMENTS
TABLE 14.CRYOMED: PRODUCT PORTFOLIO
TABLE 15.CUTERA: COMPANY SNAPSHOT
TABLE 16.CUTERA: OPERATING BUSINESS SEGMENTS
TABLE 17.CUTERA: PRODUCT PORTFOLIO
TABLE 18.CYNOSURE: COMPANY SNAPSHOT
TABLE 19.CYNOSURE: OPERATING BUSINESS SEGMENTS
TABLE 20.CYNOSURE: PRODUCT PORTFOLIO
TABLE 21.FOSUN: COMPANY SNAPSHOT
TABLE 22.FOSUN: PRODUCT SEGMENTS
TABLE 23.FOSUN: PRODUCT PORTFOLIO
TABLE 24.RICHARD WOLF: COMPANY SNAPSHOT
TABLE 25.LUMENIS: OPERATING SEGMENTS
TABLE 26.LUMENIS: PRODUCT PORTFOLIO
TABLE 27.LUTRONIC: COMPANY SNAPSHOT
TABLE 28.LUTRONIC: OPERATING SEGMENTS
TABLE 29.LUTRONIC: PRODUCT PORTFOLIO
TABLE 30.GLOBAL: COMPANY SNAPSHOT
TABLE 31.GLOBAL: OPERATING SEGMENT
TABLE 32.GLOBAL: PRODUCT PORTFOLIO
LIST OF FIGURES
FIGURE 01.AUSTRALIA TATTOO REMOVAL MARKET SEGMENTATION
FIGURE 02.TOP INVESTMENT POCKETS
FIGURE 03.TOP WINNING STRATEGIES, BY YEAR, 2016–2019*
FIGURE 04.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2016–2019* %)
FIGURE 05.TOP WINNING STRATEGIES, BY COMPANY, 2016–2019*
FIGURE 06.HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 07.MODERATE BARGAINING POWER OF BUYERS
FIGURE 08.MODERATE THREAT OF NEW ENTRANT
FIGURE 09.LOW THREAT OF SUBSTITUTION
FIGURE 10.MODERATE COMPETITIVE RIVALRY
FIGURE 11.TOP IMPACTING FACTORS
FIGURE 12.AUSTRALIA TATTOO REMOVAL MARKET FOR LASER PROCEDURES, 2018 & 2026 (%)
FIGURE 13.AUSTRALIA TATTOO REMOVAL MARKET FOR SURGICAL PROCEDURES, 2018 & 2026 (%)
FIGURE 14.AUSTRALIA TATTOO REMOVAL MARKET FOR CREAMS, 2018 & 2026 (%)
FIGURE 15.AUSTRALIA TATTOO REMOVAL MARKET FOR OTHERS, 2018 & 2026 (%)
FIGURE 16.AUSTRALIA TATTOO REMOVAL MARKET FOR HOSPITALS, 2018 & 2026 (%)
FIGURE 17.AUSTRALIA TATTOO REMOVAL MARKET FOR CLINICS, 2018 & 2026 (%)
FIGURE 18.AUSTRALIA TATTOO REMOVAL MARKET FOR OTHERS, 2018 & 2026 (%)
FIGURE 19.FOSUN: NET SALES, 2016–2018 ($MILLION)
FIGURE 20.FOSUN: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 21.FOSUN: REVENUE SHARE BY REGION, 2018(%)
FIGURE 22.LUTRONIC: NET SALES, 2016–2018 ($MILLION)
FIGURE 01.AUSTRALIA TATTOO REMOVAL MARKET SEGMENTATION
FIGURE 02.TOP INVESTMENT POCKETS
FIGURE 03.TOP WINNING STRATEGIES, BY YEAR, 2016–2019*
FIGURE 04.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2016–2019* %)
FIGURE 05.TOP WINNING STRATEGIES, BY COMPANY, 2016–2019*
FIGURE 06.HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 07.MODERATE BARGAINING POWER OF BUYERS
FIGURE 08.MODERATE THREAT OF NEW ENTRANT
FIGURE 09.LOW THREAT OF SUBSTITUTION
FIGURE 10.MODERATE COMPETITIVE RIVALRY
FIGURE 11.TOP IMPACTING FACTORS
FIGURE 12.AUSTRALIA TATTOO REMOVAL MARKET FOR LASER PROCEDURES, 2018 & 2026 (%)
FIGURE 13.AUSTRALIA TATTOO REMOVAL MARKET FOR SURGICAL PROCEDURES, 2018 & 2026 (%)
FIGURE 14.AUSTRALIA TATTOO REMOVAL MARKET FOR CREAMS, 2018 & 2026 (%)
FIGURE 15.AUSTRALIA TATTOO REMOVAL MARKET FOR OTHERS, 2018 & 2026 (%)
FIGURE 16.AUSTRALIA TATTOO REMOVAL MARKET FOR HOSPITALS, 2018 & 2026 (%)
FIGURE 17.AUSTRALIA TATTOO REMOVAL MARKET FOR CLINICS, 2018 & 2026 (%)
FIGURE 18.AUSTRALIA TATTOO REMOVAL MARKET FOR OTHERS, 2018 & 2026 (%)
FIGURE 19.FOSUN: NET SALES, 2016–2018 ($MILLION)
FIGURE 20.FOSUN: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 21.FOSUN: REVENUE SHARE BY REGION, 2018(%)
FIGURE 22.LUTRONIC: NET SALES, 2016–2018 ($MILLION)
