Mexico Laser Hair Removal Market Size & Outlook, 2022-2030
Mexico laser hair removal market, 2018-2030 (US$M)
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Mexico laser hair removal market highlights
- The Mexico laser hair removal market generated a revenue of USD 58.1 million in 2022 and is expected to reach USD 240.4 million by 2030.
- The Mexico market is expected to grow at a CAGR of 19.4% from 2023 to 2030.
- In terms of segment, diode laser was the largest revenue generating laser type in 2022.
- Nd:YAG 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 58.1 million |
| Market revenue in 2030 | USD 240.4 million |
| Growth rate | 19.4% (CAGR from 2022 to 2030) |
| Largest segment | Diode laser |
| Fastest growing segment | Nd:YAG 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, Mexico accounted for 6.2% 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 |
|---|
Mexico 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 39.41% in 2022. Horizon Databook has segmented the Mexico 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.
Mexico is also a country with lucrative opportunities for medical tourism. The cost of medical treatments performed in this country allows 25% to 75% savings in comparison to those performed in the U.S. Its proximity to the U.S. and the comparatively lower travel costs have been drawing Canadians and Americans to Mexico for various cosmetic treatments.
According to ISAPS, Mexico constituted around 10% of foreign patients conducting cosmetics procedures. In addition, around 19,069 hair removal procedures were undertaken in the country in 2016.
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Target buyers of Mexico laser hair removal market databook
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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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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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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico laser hair removal market , including forecasts for subscribers. This country databook contains high-level insights into Mexico laser hair removal market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico laser hair removal market size, by laser type, 2018-2030 (US$M)
Mexico Laser Hair Removal Market Outlook Share, 2022 & 2030 (US$M)
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