Brazil Medical Spa Market Size & Outlook, 2023-2030
Brazil medical spa market, 2018-2030 (US$M)
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Brazil medical spa market highlights
- The Brazil medical spa market generated a revenue of USD 294.5 million in 2023 and is expected to reach USD 800.7 million by 2030.
- The Brazil market is expected to grow at a CAGR of 15.4% from 2024 to 2030.
- In terms of segment, facial treatments was the largest revenue generating service in 2023.
- Body Shaping & Contouring is the most lucrative service segment registering the fastest growth during the forecast period.
Medical spa market data book summary
| Market revenue in 2023 | USD 294.5 million |
| Market revenue in 2030 | USD 800.7 million |
| Growth rate | 15.4% (CAGR from 2023 to 2030) |
| Largest segment | Facial treatments |
| Fastest growing segment | Body Shaping & Contouring |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Facial Treatments, Body Shaping & Contouring, Hair Removal, Scar Revision, Tattoo Removal |
| Key market players worldwide | Eli Lilly and Co, ADF Group Inc Shs Subord.Voting, Mandarin Oriental International Ltd, Chic La Vie, Clinique La Prairie, Lanserhof, Orchard Wellness, Angel Longevity Medical Center, Allure MedSpa, Longevity Wellness Worldwide, Serenity MedSpa, Spa & Hôtel le Finlandais, Park Hotel Group, SHA Wellness Clinic, Aesthetic Business Transformations, Gentle Touch MediSpa & Wellness, MedSpa.com, Chiva-Som International Health Resorts |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.6% of the global medical spa market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil medical spa market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 483.4 million by 2030.
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Medical Spa Market Scope
Medical Spa Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil medical spa 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 medical spa market will help companies and investors design strategic landscapes.
Facial treatments was the largest segment with a revenue share of 54.19% in 2023. Horizon Databook has segmented the Brazil medical spa market based on facial treatments, body shaping & contouring, hair removal, scar revision, tattoo removal covering the revenue growth of each sub-segment from 2018 to 2030.
Increased emphasis on physical beauty and strong economic growth are among key factors driving the market in the country. There is wide acceptance of cosmetic procedures in this region, which is further boosting market demand.
The antiaging trend has become increasingly prevalent in Brazil, with a large proportion of the population seeking youthful appearance. In a study by Allergan, Brazil had the highest levels of acceptance when it came to injectables, with 76% of the people agreeing that injectable treatments could look natural.
According to ISAPS, around 529,376 injectables and 622,396 nonsurgical procedures were performed in Brazil in 2020. Facial treatments, such as botulinum toxin, hyaluronic acid, and chemical peel, accounted for nearly 84% of total nonsurgical procedures. These factors are likely to drive the market over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil medical spa market , including forecasts for subscribers. This country databook contains high-level insights into Brazil medical spa market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil medical spa market size, by service, 2018-2030 (US$M)
Brazil Medical Spa Market Outlook Share, 2023 & 2030 (US$M)
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