Market revenue in 2020 | USD 4.3 million |
Market revenue in 2027 | USD 7.7 million |
Growth rate | 8.6% (CAGR from 2020 to 2027) |
Largest segment | Ablative |
Fastest growing segment | Non-Ablative |
Historical data | 2016 - 2019 |
Base year | 2020 |
Forecast period | 2021 - 2027 |
Quantitative units | Revenue in USD million |
Market segmentation | Ablative, Non-Ablative |
Key market players worldwide | Alma Lasers Ltd, Cynosure, Altair Engineering Inc Class A, Cutera Inc, Lynton Lasers, UltraShape Ltd. (Syneron Medical), LUTRONIC, Sciton, Quanta, Lumenis |
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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 skin resurfacing market will help companies and investors design strategic landscapes.
Ablative was the largest segment with a revenue share of 58.14% in 2020. Horizon Databook has segmented the Argentina skin resurfacing market based on ablative, non-ablative covering the revenue growth of each sub-segment from 2016 to 2027.
For many years, cosmetic and personal care industry in Argentina remained stagnant, and in some areas, highly challenged. With an average inflation rate of 25.8%, the country witnessed recession, reducing the purchasing power of customers and increasing purchase of local products.
Nonetheless, according to the International Society of Aesthetic Plastic Surgery 2018 statistics, nearly 9,955 full field ablative and around 7,961 micro ablative resurfacing procedures were performed in the country.
For instance, in 2016, Procter & Gamble announced investment of nearly USD 50 million for expansion of its manufacturing capabilities in the country. Thus, the high number of procedures coupled with investments by market players indicates a huge opportunity for market players.
Horizon Databook provides a detailed overview of country-level data and insights on the Argentina skin resurfacing market, including forecasts for subscribers. This country databook contains high-level insights into Argentina skin resurfacing market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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