Mexico Aesthetic Injectable Market Size & Outlook
Mexico aesthetic injectable market, 2018-2030 (US$M)
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Mexico aesthetic injectable market highlights
- The Mexico aesthetic injectable market generated a revenue of USD 198.3 million in 2023 and is expected to reach USD 413.2 million by 2030.
- The Mexico market is expected to grow at a CAGR of 11.1% from 2024 to 2030.
- In terms of segment, botulinum toxin was the largest revenue generating product in 2023.
- Hyaluronic Acid is the most lucrative product segment registering the fastest growth during the forecast period.
Aesthetic injectable market data book summary
| Market revenue in 2023 | USD 198.3 million |
| Market revenue in 2030 | USD 413.2 million |
| Growth rate | 11.1% (CAGR from 2023 to 2030) |
| Largest segment | Botulinum toxin |
| Fastest growing segment | Hyaluronic Acid |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hyaluronic Acid, Botulinum Toxin, Aquatic Light Injections |
| Key market players worldwide | Ipsen SA, AbbVie Inc, Merz Pharma, Galderma Group AG Registered Shares, Prollenium Medical Technologies, Suneva Medical, Sinclair Pharma plc, Medytox, Revance Therapeutics Inc |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.8% of the global aesthetic injectable market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil aesthetic injectable market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 413.2 million by 2030.
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Aesthetic Injectable Market Scope
Aesthetic Injectable Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico aesthetic injectable market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aesthetic injectable market will help companies and investors design strategic landscapes.
Botulinum toxin was the largest segment with a revenue share of 45.74% in 2023. Horizon Databook has segmented the Mexico aesthetic injectable market based on hyaluronic acid, botulinum toxin, aquatic light injections covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico is a key destination for medical tourism, including cosmetic procedures. Many individuals from the U.S. and other countries visit Mexico for more affordable aesthetic treatments, including aesthetic injectables.
According to various sources, the cost of plastic surgery in Mexico is nearly 50% to 70% cheaper than that in the U.S. Furthermore, the ISAPS 2022 report estimates that nearly 33.8% of all cosmetic procedures in Mexico are performed on foreign nationals.
Mexico has a well-trained and experienced healthcare workforce, including dermatologists and plastic surgeons specializing in aesthetic procedures, which drives the market. The ISAPS 2022 report estimated that the country has 4.5% (2,394) of the global plastic surgeons.
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Our clientele includes a mix of aesthetic injectable market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico aesthetic injectable market, including forecasts for subscribers. This country databook contains high-level insights into Mexico aesthetic injectable market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico aesthetic injectable market size, by product, 2018-2030 (US$M)
Mexico Aesthetic Injectable Market Share, 2023 & 2030 (US$M)
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