Brazil Laser Hair Removal Market Size & Outlook, 2022-2030
Brazil laser hair removal market, 2018-2030 (US$M)
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Brazil laser hair removal market highlights
- The Brazil laser hair removal market generated a revenue of USD 50.3 million in 2022 and is expected to reach USD 264.4 million by 2030.
- The Brazil market is expected to grow at a CAGR of 23.1% from 2023 to 2030.
- In terms of segment, diode laser was the largest revenue generating laser type in 2022.
- Alexandrite Laser is the most lucrative laser type segment registering the fastest growth during the forecast period.
Laser hair removal market data book summary
| Market revenue in 2022 | USD 50.3 million |
| Market revenue in 2030 | USD 264.4 million |
| Growth rate | 23.1% (CAGR from 2022 to 2030) |
| Largest segment | Diode laser |
| Fastest growing segment | Alexandrite Laser |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Diode Laser, Nd:YAG Laser, Alexandrite Laser |
| Key market players worldwide | Cynosure, Alma Lasers Ltd, Bausch Health Companies Inc, Cutera Inc, Candela Medical, Lumenis, Venus Group, Sinclair Pharma plc, UltraShape Ltd. (Syneron Medical) |
Other key industry trends
- In terms of revenue, Brazil accounted for 5.4% of the global laser hair removal market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil laser hair removal market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 264.4 million by 2030.
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Laser Hair Removal Market Scope
Laser Hair Removal Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil laser hair removal 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 laser hair removal market will help companies and investors design strategic landscapes.
Diode laser was the largest segment with a revenue share of 39.17% in 2022. Horizon Databook has segmented the Brazil laser hair removal market based on diode laser, nd:yag laser, alexandrite laser covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil and Mexico have been a popular destination for the U.S. and Canadian citizens pursuing treatment at minimum cost. Hospital Jayme da Fonte, Hospital Sao Rafael, and Hospital Sirio Libanes are some of the top hospitals in Brazil equipped with advanced dermatology technology.
In addition, according to ISAPS 2016 data, number of cosmetic procedures performed in Brazil accounted for 2,524,115, which made the country second largest in this category followed by the U.S. ISAPS also estimated that around 73,370 number of hair removal procedures had been conducted in the country in 2016. Thus, there is an increasing market growth of laser hair removal in the country.
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Our clientele includes a mix of laser hair removal market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil laser hair removal market , including forecasts for subscribers. This country databook contains high-level insights into Brazil laser hair removal market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil laser hair removal market size, by laser type, 2018-2030 (US$M)
Brazil Laser Hair Removal Market Outlook Share, 2022 & 2030 (US$M)
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