Colombia Skin Resurfacing Market Size & Outlook, 2020-2027
Colombia skin resurfacing market, 2016-2027 (US$M)
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Colombia skin resurfacing market highlights
- The Colombia skin resurfacing market generated a revenue of USD 5.1 million in 2020 and is expected to reach USD 8.3 million by 2027.
- The Colombia market is expected to grow at a CAGR of 7.2% from 2021 to 2027.
- In terms of segment, ablative was the largest revenue generating type in 2020.
- Non-Ablative is the most lucrative type segment registering the fastest growth during the forecast period.
Skin resurfacing market data book summary
| Market revenue in 2020 | USD 5.1 million |
| Market revenue in 2027 | USD 8.3 million |
| Growth rate | 7.2% (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 |
Other key industry trends
- In terms of revenue, Colombia accounted for 2.2% of the global skin resurfacing market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In Latin America, Brazil skin resurfacing market is projected to lead the regional market in terms of revenue in 2027.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 7.7 million by 2027.
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Skin Resurfacing Market Scope
Skin Resurfacing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Colombia skin resurfacing 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 skin resurfacing market will help companies and investors design strategic landscapes.
Ablative was the largest segment with a revenue share of 56.86% in 2020. Horizon Databook has segmented the Colombia skin resurfacing market based on ablative, non-ablative covering the revenue growth of each sub-segment from 2016 to 2027.
Medical tourism for plastic surgery is growing at a rapid rate in Colombia. Tourists can opt to undergo multiple surgeries at a reduced cost in the same trip. According to Restrepo, plastic surgery may cost approximately USD 25,000 or more in North America, whereas the same procedure will cost less than USD 10,000 in Colombia, making it about 60% cheaper.
In addition, according to the International Society of Aesthetic Plastic Surgery 2018 statistics, nearly 5,304 full field ablative and around 1,949 micro ablative resurfacing procedures were performed in the country, thus indicating a high market demand.
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Target buyers of Colombia skin resurfacing market databook
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Our clientele includes a mix of skin resurfacing 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Colombia skin resurfacing market, including forecasts for subscribers. This country databook contains high-level insights into Colombia skin resurfacing market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Colombia skin resurfacing market size, by type, 2016-2027 (US$M)
Colombia Skin Resurfacing Market Share, 2020 & 2027 (US$M)
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