Latin America Aesthetic Lasers Market Size & Outlook
Latin America aesthetic lasers market, 2018-2030 (US$M)
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Latin America aesthetic lasers market highlights
- The Latin America aesthetic lasers market generated a revenue of USD 131.6 million in 2022.
- The market is expected to grow at a CAGR of 15.1% from 2023 to 2030.
- In terms of segment, laser skin resurfacing was the largest revenue generating application in 2022.
- Laser hair removal is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 131.6 million |
| Market revenue in 2030 | USD 406.5 million |
| Growth rate | 15.1% (CAGR from 2022 to 2030) |
| Largest segment | Laser skin resurfacing |
| Fastest growing segment | Laser hair removal |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | IPL Laser Treatment, Laser Skin Resurfacing, Noninvasive Tightening, Laser-Assisted Lipoplasty, Laser hair removal |
| Key market players worldwide | Cutera Inc, Bausch Health Companies Inc, Lumenis, Cynosure, Strata Skin Sciences Inc, Candela Medical, UltraShape Ltd. (Syneron Medical), LUTRONIC, Sinclair Pharma plc, Lynton Lasers, Sciton |
Other key industry trends
- In terms of revenue, Latin America region accounted for 11.8% of the global aesthetic lasers market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 772.6 million by 2030.
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Aesthetic Lasers Market Scope
Aesthetic Lasers Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America aesthetic lasers 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 lasers market will help companies and investors design strategic landscapes.
Laser skin resurfacing was the largest segment with a revenue share of 28.65% in 2022. Horizon Databook has segmented the Latin America aesthetic lasers market based on ipl laser treatment, laser skin resurfacing, noninvasive tightening, laser-assisted lipoplasty, laser hair removal covering the revenue growth of each sub-segment from 2018 to 2030.
Latin America is considered to be aging according to the standards defined by the WHO. On the background of developed countries fighting the problem of insufficient healthcare coverage, countries such as Brazil and Mexico are still to adopt the LTC system.
Most of the insurance are private and only a fraction of the elderly population is able to afford it. Though nursing home facilities are emerging at a high rate in Mexico, they are mostly occupied by foreigners who are attracted to relatively cheaper home care facilities than their own country.
Residents of Mexico prefer staying at home and hiring part-time or full-time assistance rather than nursing homes. The government of Brazil is taking initiatives to form an LTC system so that the elderly do not have to rely on expensive private insurance companies.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America aesthetic lasers market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America aesthetic lasers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America aesthetic lasers market size, by country, 2018-2030 (US$M)
Latin America Aesthetic Lasers Market Outlook Share, 2022 & 2030 (US$M)
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