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The Global Tattoo Market
The Global Tattoo Market, valued at $1.89 billion in 2022, is expected to rise to $3.55 billion by 2029. This represents a CAGR of 9.34%!
The Global Tattoo Removal Market size was $4.34 billion in 2021 and is estimated to reach $12.15 billion by 2030, representing a CAGR of 12.1%.
The Global Tattoo Removal Devices Market size was estimated at USD 128.6 million in 2021 and is expected to expand at a CAGR of 9.6% from 2022 to 2030.
76% of study participants believe that visible tattoos reduce the hiring chances of a candidate during an interview. Source: Gitnux
The market values above indicate very strong global growth in both the tattoo and tattoo removal industries. Our ink system would capture a significant percentage of both markets, first by providing colorful color-changing tattoos and second by providing tattoos that can be activated to be seen and deactivated as to not be seen, shifting much of the money spent on tattoo removal to our reactive tattoo ink!
The Global Radiation Oncology Market
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The Global Radiation Oncology Market size was valued at USD 8.65 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 12.3% from 2023 to 2030. Key factors driving the market include technological advancement in radiotherapy equipment, global rise in cancer cases, and increasing adoption of radiation therapy in oncology treatment. Source: grandviewresearch.com
Our Radiotherapy Marking System would easily replace the traditional tattoo inks already in use in this area of cancer treatment. Clearly, providing more extensive and accurate markings for more accurate beam placement while leaving no permanent marks after treatment ended would be a very attractive treatment option for patients undergoing radiation therapy.
Global Biosensor Market
“Glucose Biosensor Market size was worth USD 12.9 billion in 2022. Driven by the increasing occurrence of diabetes globally, the industry could grow at over 13% CAGR from 2023 to 2032.”
Source: Global Market Insights
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The Blinkinktech system could also be used as a biosensor. By responding to pH changes in the interstitial fluids in the skin, the ink would directly monitor the respiratory and urinary systems. Many abnormal conditions affect the respiratory system, COPD, Pulmonary Fibrosis, Asthma, and lung disease secondary to Covid 19. Therefore, a system to monitor blood CO2 in real-time is needed. Our reactive ink can act as that real-time pH monitor. By placing a decorative tattoo on patients with respiratory conditions patients can continually evaluate their blood pH level alerting them to begin or increase their oxygen therapy thus avoiding the problems of anoxia.
“Although the present invention, a selectively alterable intermittent tattoo ink, and system, Wherein the tattoo changes in appearance, and color and even appears to disappear by becoming colorless, with the process being fully reversible, is particularly well suited for use with a pH sensitive pigment and will be so described herein, it is equally well suited for use with other chemically sensitive pigments such as salinity, gluclose levels etc.”
Source: Patent No: US7,699,917 B1 pg.7
As the above quotes suggest, our color-changing pigment, once perfected, could monitor any number of the body’s biochemical systems.
For Example, as the percentage of the population with diabetes grows, the need for the simple, safe, and patient-friendly monitoring of blood glucose levels increases as well. We are working on that too.
It is obvious that there is a need for color-changing tattoo ink– A reactive tattoo ink that can result in beautiful color-changing body art, assist in the treatment of cancer, and diabetes, and monitor once health!