Latin America Lip Augmentation Market Size & Outlook
Latin America lip augmentation market, 2018-2030 (US$M)
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Latin America lip augmentation market highlights
- The Latin America lip augmentation market generated a revenue of USD 1,247.3 million in 2023.
- The market is expected to grow at a CAGR of 8.3% from 2024 to 2030.
- In terms of segment, temporary was the largest revenue generating type in 2023.
- Temporary is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 1,247.3 million |
| Market revenue in 2030 | USD 2,180.3 million |
| Growth rate | 8.3% (CAGR from 2023 to 2030) |
| Largest segment | Temporary |
| Fastest growing segment | Temporary |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Temporary, Permanent |
| Key market players worldwide | Allergan, Nestle SA, Teoxane Laboratories Geneva, Suneva Medical, Sinclair Pharma plc, Merz Pharma, Laboratoires Vivacy |
Other key industry trends
- In terms of revenue, Latin America region accounted for 18.1% of the global lip augmentation market in 2023.
- 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 2,060.6 million by 2030.
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Lip Augmentation Market Scope
Lip Augmentation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America lip augmentation 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 lip augmentation market will help companies and investors design strategic landscapes.
Temporary was the largest segment with a revenue share of 56.62% in 2023. Horizon Databook has segmented the Latin America lip augmentation market based on temporary, permanent covering the revenue growth of each sub-segment from 2018 to 2030.
Latin America is the second fastest growing region after Asia Pacific having a lot of growth opportunities. This market is pacing lucratively because of availability of procedures like lip augmentation and laser resurfacing at a cheaper cost as compared to North America and Europe.
Brazil has become a hotspot for medical tourism because of the presence of trained professionals, good infrastructure and low treatment costs in the region. Moreover, rising investments from the international players, adequate disposable income, increasing number of aesthetic procedures, rising middle age population, and clinical advancement are driving the market.
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Target buyers of Latin America lip augmentation market databook
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Our clientele includes a mix of lip augmentation market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America lip augmentation market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America lip augmentation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America lip augmentation market size, by country, 2018-2030 (US$M)
Latin America Lip Augmentation Market Share, 2023 & 2030 (US$M)
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