Market revenue in 2022 | USD 214.9 million |
Market revenue in 2030 | USD 847.8 million |
Growth rate | 18.7% (CAGR from 2022 to 2030) |
Largest segment | Diode laser |
Fastest growing segment | Alexandrite Laser |
Historical data covered | 2018 - 2021 |
Base year for estimation | 2022 |
Forecast period covered | 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) |
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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 39.41% in 2022. Horizon Databook has segmented the Latin America 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.
Majority of the countries in this region are developing nations that are experiencing technological advancements and groundbreaking research at a rapid pace. This region has witnessed a huge surge in medical tourism, which is accelerating the development of the medical industry. Latin American region includes Brazil, Mexico, and other Latin American countries.
Presence of untapped opportunities in emerging countries such as Brazil and Mexico is also expected to propel growth of laser hair removal market during the forecast period. These countries are being preferred for medical tourism due to the availability of advanced healthcare treatments at lower cost (30% to 70% discount) as compared to North America and Europe.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America laser hair removal market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America laser hair removal market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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