Report : South & Central America Mesotherapy Market Forecast to 2030 - Regional Analysis - by Product Type (Mesotherapy Solution Kits, Mesotherapy Devices, Mesotherapy Filler Kits, Mesotherapy Chemical Peels, and Anti-Aging Masks), Indication (Anti-Aging & Wrinkle Treatment, Facial Rejuvenation, Fat Loss, Hair Loss, Stretch Marks, and Acne & Scar Treatment), and End Users (Dermatology Clinics, Cosmetic Clinics, Hospitals, and Others)
At 9.0% CAGR, South & Central America Mesotherapy Market is Projected to be Worth US$ 129.83 Million by 2030, says Business Market Insights
According to Business Market Insights’ research, the South & Central America mesotherapy market was valued at US$ 65.36 million in 2022 and is expected to reach US$ 129.83 million by 2030, registering a CAGR of 9.0% from 2022 to 2030. Surge in medical tourism for cosmetic procedures and improvements in comfort, efficiency, & outcomes with technological advancements are among the critical factors attributed to drive the South & Central America mesotherapy market growth.
Brazil has emerged as one of the world's best medical tourism destinations. It is among the forefront of offering aesthetic services such as nose jobs, facelifts, lip jobs, liposuctions, and hair transplantation. Brazil is known around the world as a leader in plastic and cosmetic surgery. The nation draws people looking for various kinds of cosmetic operations because of its reputation for proficiency in aesthetic procedures. After the United States, Brazil is the country that performs the second-highest number of cosmetic procedures worldwide. Brazil performed more than 1.1 million cosmetic procedures in 2019. Also, it had the greatest per capita number of plastic surgeons in the world in 2019, with 8,039. Foreigners make up about 17.5% of all cosmetic surgery patients in Brazil. Further, the country saw a 60% rise in the number of plastic surgery facilities between 2009 and 2019. An average Brazilian plastic surgeon completes between 100 and 150 treatments related to cosmetic surgery annually. Therefore, with flourishing medical tourism, the demand for aesthetic procedures is likely to surge in developing countries, thereby bolstering the adoption of mesotherapy in the coming years. Low-cost procedures without any compromise on treatment quality, and reduced medical costs are the prime factors resulting in the growth of medical tourism, which, in turn, is expected to generate significant opportunities for the mesotherapy market growth in the coming years.
On the contrary, potential side effects and regulatory challenges hampers the growth of South & Central America mesotherapy market.
Based on product type, the South & Central America mesotherapy market is segmented into mesotherapy solution kits, mesotherapy devices, mesotherapy fillers kits, mesotherapy chemical peels, and anti-ageing masks. The mesotherapy solution kits segment held 47.2% market share in 2022, amassing US$ 30.85 million. It is projected to garner US$ 62.19 million by 2030 to register 9.2% CAGR during 2022–2030.
In terms of indication, the South & Central America mesotherapy market is segmented into anti-ageing & wrinkle treatment, facial rejuvenation, fat loss, hair loss, stretch marks, and acne & scar treatment. The anti-ageing & wrinkle treatment devices segment held 35.1% share of South & Central America mesotherapy market in 2022, amassing US$ 22.93 million. It is anticipated to garner US$ 47.82 million by 2030 to expand at 9.6% CAGR during 2022–2030.
Based on end users, the South & Central America mesotherapy market is categorized into dermatology clinics, cosmetic clinics, hospitals, and others. The dermatology clinics segment held 47.2% share of South & Central America mesotherapy market in 2022, amassing US$ 30.88 million. It is predicted to garner US$ 62.87 million by 2030 to expand at 9.3% CAGR between 2022 and 2030.
Based on country, the South & Central America mesotherapy market is categorized into Brazil, Argentina, and the Rest of South & Central America. Our regional analysis states that Brazil captured 58.1% share of South & Central America mesotherapy market in 2022. It was assessed at US$ 37.96 million in 2022 and is likely to hit US$ 75.22 million by 2030, registering a CAGR of 8.9% during 2022–2030.
Key players operating in the South & Central America mesotherapy market are Koru Pharma Co Ltd, Institute BCN Esthetics SL, Mesoskinline ApS, Colgate Palmolive Co, Mesoestetic E-Commerce SL, Galderma SA, Mesotech Srl, and Ostar Beauty Sci-Tech Co Ltd, among others.
Contact Us
Contact Person: Sameer Joshi
Phone: +1-646-491-9876
Email Id: sales@businessmarketinsights.com