Tattoo removal treatment has remained an expensive and painful procedure for decades.
Soliton plans to compete by providing a superior product, but warned investors this year that "competitive pressures may result in price reductions, reduced margins and loss of market share."
Despite the challenges presented by the industry, Klemp said he's betting that as Soliton's RAP device makes it easier and cheaper to alter tattoos, the growing group of "considerrers" will be swayed to commit to the procedure. To remove a single tattoo, it can take up to 12 sessions spaced out over the course of two years for optimal results. Each treatment can cost between $100 and $400, depending on the size and location of the tattoo, and after each treatment, the tattoo area can be painful and needs to be regularly cleaned like an open wound.
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