South & Central America Dermatology Devices Market Forecast to 2028 - COVID-19 Impact and Regional Analysis by Product Type (Treatment Device and Diagnostic Device), Application (Skin Care Diagnosis, Skin Rejuvenation, Hair Removal, Body Contouring & Skin Tightening, Psoriasis, and Others), and End User (Hospitals, Dermatology Clinics, and Others)
The South & Central America dermatology devices market is expected to grow from US$ 298.16 million in 2022 to US$ 522.24 million by 2028; it is estimated to grow at a CAGR of 9.8% from 2022 to 2028.
Rising Popularity of Skin Rejuvenation and Resurfacing
Skin irregularities caused due to unprotected exposure to ultraviolet (UV) rays, skin disorders, aging, and hereditary issues can consist of textural irregularities, such as wrinkles and acne scars, and pigmentation changes, including freckles, sunspots, and visible blood vessels. Additionally, irregularities may cause the loss of tone and healthy glow in younger skin. Also, the skin feels less firm. To overcome skin irregularities and treat several aspects of skin damage, different treatment modalities are available in the market. A few treatment modalities include laser treatment for skin resurfacing, mechanical resurfacing, chemical peels, and injectable products that can improve the appearance of fine lines and wrinkles of the entire face or those developing in a specific area of the face, such as upper lip and around the eyes. Moreover, advanced treatment modalities can also be used to treat pigmentation disorders, such as sun and age spots and acne scars. For example, laser resurfacing is a facial rejuvenation procedure that allows lasers to improve the skin's appearance or treat minor facial flaws. The procedure comprises two types—ablative lasers and nonablative laser or light source. Ablative laser removes the thin outer layer of skin (epidermis) and heats the underlying skin (dermis), stimulating collagen growth. Types of ablative therapy involve a CO2 laser, an erbium laser, and combination systems. Additionally, a nonablative laser is a less aggressive technique than an ablative laser and requires a shorter recovery time. Therefore, skin rejuvenation and resurfacing are expected to fuel the growth of the South & Central America dermatology devices market during the forecast period.
Market Overview
A few key factors driving the South & Central America dermatology devices market include the rising prevalence of skin conditions and melanoma and increasing demand for cosmetic procedures. Brazil has the sixth-largest GDP in the world and also the fourth-highest population among the major countries listed, and a fairly high growth rate suggesting a huge market potential for dermatology devices. Major countries contributing to the market's growth include Chile, Colombia, Peru, Cuba, Venezuela, and Bolivia. The countries offer significant growth opportunities for the growth of the market. Countries are improving their health infrastructures by allowing new entrants to enter the business. Therefore, it is expected that the demand for medical aesthetics will increase. In addition, countries in the region are investing and interested in improving their health care and focusing on primary and advanced care. Therefore, these countries' health facilities are expected to increase.
Further, the prevalence of skin cancer is also increasing in these countries, boosting the demand for diagnostic dermatology devices. Peru ranks first in the world experiencing ultraviolet radiation, where skin cancer incidences are increasing rapidly. According to World Health, in 2020, skin cancer deaths in Peru reached 786 or 0.64% of total deaths. Several campaigns have also been launched to enhance awareness among individuals, boosting the demand for dermatology diagnostic devices.
Laser dermatology surgeries are also prominent in Peru. Several international companies offer their dermatology laser devices in Peru, including LasMedTech, Lutronic Vision, Azena Medical, Convergent Laser Technologies, The Skin Lab, Wuhan Dimed Laser Technology, EDAP TMS, Amico Group, and several others. These factors are driving South & Central America dermatology devices market during the forecast period.
South & Central America Dermatology Devices Market Revenue and Forecast to 2028 (US$ Million)
South & Central America Dermatology Devices Market Segmentation
The South & Central America dermatology devices market is segmented on the basis of product type, application, end user, and country. Based on product type, the South & Central America dermatology devices market is bifurcated into treatment device and diagnostic device. The treatment device segment held a larger share of the market in 2022.
Based on application, the South & Central America dermatology devices market is segmented into skin cancer diagnosis, skin rejuvenation, hair removal, body contouring & skin tightening, psoriasis, and others. The skin cancer diagnosis segment held the largest share of the market in 2022.
Based on end user, the South & Central America dermatology devices market is segmented into hospitals, dermatology clinics, and others. The hospitals segment held the largest share of the market in 2022.
Based on country, the South & Central America dermatology devices market is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the market in 2022.
Alma Lasers, Candela Corporation, Cutera Inc., El.En. S.p.A., and FotoFinder Systems GmbH are the leading companies operating in the South & Central America dermatology devices market.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 South & Central America Dermatology Devices Market – By Product Type
1.3.2 South & Central America Dermatology Devices Market – By Application
1.3.3 South & Central America Dermatology Devices Market – By End User
1.3.4 South & Central America Dermatology Devices Market – By Country
2. South & Central America Dermatology Devices Market– Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South & Central America Dermatology Devices Market – Market Landscape
4.1 Overview
4.2 South & Central America PEST Analysis
4.3 Experts Opinion
5. South & Central America Dermatology Devices Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Aesthetics Procedures Among Individuals
5.1.2 Technological Advancement in Dermatology Devices
5.2 Market Restraints
5.2.1 Complications after Cancer Procedural Treatment and Cosmetic Surgery from Unqualified Professionals
5.3 Market Opportunities
5.3.1 Growing Prevalence of Skin Cancer and Disorders
5.4 Future Trends
5.4.1 Skin Rejuvenation and Resurfacing
5.5 Impact Analysis
6. Dermatology Devices Market– South & Central America Analysis
6.1 South & Central America Dermatology Devices Market Revenue Forecast and Analysis
7. South & Central America Dermatology Devices Market Revenue and Forecasts To 2028– by Product Type
7.1 Overview
7.2 South & Central America Dermatology Devices Market, By Product Type 2021 & 2028 (%)
7.3 Treatment Device
7.3.1 Overview
7.3.2 Treatment Device Market Revenue and Forecast to 2028 (US$ Mn)
7.3.3 Lasers
7.3.4 Overview
7.3.5 Lasers Market Revenue and Forecast to 2028 (US$ Mn)
7.3.6 Light Therapy Devices
7.3.6.1 Overview
7.3.6.2 Light Therapy Devices Market Revenue and Forecast to 2028 (US$ Million)
7.3.7 Electrosurgical Equipment
7.3.7.1 Overview
7.3.7.2 Electrosurgical Equipment Market Revenue and Forecast to 2028 (US$ Million)
7.3.8 Microdermabrasion Devices
7.3.8.1 Overview
7.3.8.2 Microdermabrasion Devices Market Revenue and Forecast to 2028 (US$ Million)
7.3.9 Liposuction Devices
7.3.9.1 Overview
7.3.9.2 Liposuction Devices Market Revenue and Forecast to 2028 (US$ Million)
7.3.10 Cryotherapy Devices
7.3.10.1 Overview
7.3.10.2 Cryotherapy Devices Market Revenue and Forecast to 2028 (US$ Million)
7.4 Diagnostic Device
7.4.1 Overview
7.4.2 Diagnostic Device Market Revenue and Forecast to 2028 (US$ Mn)
7.4.3 Dermatoscope
7.4.3.1 Overview
7.4.3.2 Dermatoscope Market Revenue and Forecast to 2028 (US$ Million)
7.4.3.2.1 Contact Dermatoscope
7.4.3.2.1.1 Overview
7.4.3.2.2 Contact Dermatoscope Market Revenue and Forecast to 2028 (US$ Million)
7.4.3.3 Hybrid Dermatoscope
7.4.3.3.1 Overview
7.4.3.3.2 Hybrid Dermatoscope Market Revenue and Forecast to 2028 (US$ Million)
7.4.3.4 Non-Contact Dermatoscope
7.4.3.4.1 Overview
7.4.3.4.2 Non-Contact Dermatoscope Market Revenue and Forecast to 2028 (US$ Million)
7.4.4 Imaging Device
7.4.4.1 Overview
7.4.4.2 Imaging Device Market Revenue and Forecast to 2028 (US$ Million)
7.4.5 Microscope
7.4.5.1 Overview
7.4.5.2 Microscope Market Revenue and Forecast to 2028 (US$ Million)
8. South & Central America Dermatology Devices Market Analysis and Forecasts To 2028 – By Application
8.1 Overview
8.2 South & Central America Dermatology Devices Market, By Application 2021 & 2028 (%)
8.3 Skin Cancer Diagnosis
8.3.1 Overview
8.3.2 Skin Cancer Diagnosis Market Revenue and Forecast to 2028 (US$ Million)
8.4 Skin Rejuvenation
8.4.1 Overview
8.4.2 Skin Rejuvenation Market Revenue and Forecast to 2028 (US$ Million)
8.5 Hair Removal
8.5.1 Overview
8.5.2 Hair Removal Market Revenue and Forecast to 2028 (US$ Million)
8.6 Body Contouring & Skin Tightening
8.6.1 Overview
8.6.2 Body Contouring & Skin Tightening Market Revenue and Forecast to 2028 (US$ Million)
8.7 Psoriasis
8.7.1 Overview
8.7.2 Psoriasis Market Revenue and Forecast to 2028 (US$ Million)
8.8 Others
8.8.1 Overview
8.8.2 Others Market Revenue and Forecast to 2028 (US$ Million)
9. South & Central America Dermatology Devices Market Analysis and Forecasts To 2028 – By End User
9.1 Overview
9.2 South & Central America Dermatology Devices Market, By End User 2021 & 2028 (%)
9.3 Hospitals
9.3.1 Overview
9.3.2 Hospitals Market Revenue and Forecast to 2028 (US$ Million)
9.4 Dermatology Clinics
9.4.1 Overview
9.4.2 Dermatology Clinics Market Revenue and Forecast to 2028 (US$ Million)
9.5 Others
9.5.1 Overview
9.5.2 Others Market Revenue and Forecast to 2028 (US$ Million)
10. South & Central America Dermatology Devices Market Revenue and Forecasts to 2028 – Country Analysis
10.1 Overview
10.1.1 South & Central America: Dermatology Devices Market, by Country, 2021 & 2028 (%)
10.1.1.1 Brazil: Dermatology Devices Market – Revenue and Forecast to 2028 (USD Million)
10.1.1.1.1 Overview
10.1.1.1.2 Brazil Dermatology Devices Market Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.3 Brazil: Dermatology Devices Market Revenue and Forecasts to 2028, By Product Type (US$ Million)
10.1.1.1.3.1 Brazil: Dermatology Devices Market, by Treatment Device, 2020–2028 (US$ Million)
10.1.1.1.3.2 Brazil: Dermatology Devices Market, by Diagnostic Device, 2020–2028 (US$ Million)
10.1.1.1.3.3 Brazil: Dermatology Devices Market, by Dermatoscope Type, 2020–2028 (US$ Million)
10.1.1.1.4 Brazil: Dermatology Devices Market Revenue and Forecasts To 2028, By Application (US$ Million)
10.1.1.1.5 Brazil: Dermatology Devices Market Revenue and Forecasts To 2028, By End User (US$ Million)
10.1.1.2 Argentina: Dermatology Devices Market – Revenue and Forecast to 2028 (USD Million)
10.1.1.2.1 Overview
10.1.1.2.2 Argentina Dermatology Devices Market Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.3 Argentina: Dermatology Devices Market Revenue and Forecasts to 2028, By Product Type (US$ Million)
10.1.1.2.3.1 Argentina: Dermatology Devices Market, by Treatment Device, 2020–2028 (US$ Million)
10.1.1.2.3.2 Argentina: Dermatology Devices Market, by Diagnostic Device, 2020–2028 (US$ Million)
10.1.1.2.3.3 Argentina: Dermatology Devices Market, by Dermatoscope Type, 2020–2028 (US$ Million)
10.1.1.2.4 Argentina: Dermatology Devices Market Revenue and Forecasts To 2028, By Application (US$ Million)
10.1.1.2.5 Argentina: Dermatology Devices Market Revenue and Forecasts To 2028, By End User (US$ Million)
10.1.1.3 Rest of the South & Central America: Dermatology Devices Market – Revenue and Forecast to 2028 (USD Million)
10.1.1.3.1 Overview
10.1.1.3.2 Rest of the South & Central America Dermatology Devices Market Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.3 Rest of South & Central America: Dermatology Devices Market Revenue and Forecasts to 2028, By Product Type (US$ Million)
10.1.1.3.3.1 Rest of South & Central America: Dermatology Devices Market, by Diagnostic Device, 2020–2028 (US$ Million)
10.1.1.3.3.2 Rest of South & Central America: Dermatology Devices Market, by Dermatoscope Type, 2020–2028 (US$ Million)
10.1.1.3.3.3 Rest of South & Central America: Dermatology Devices Market, by Treatment Device, 2020–2028 (US$ Million)
10.1.1.3.4 Rest of South & Central America: Dermatology Devices Market Revenue and Forecasts To 2028, By Application (US$ Million)
10.1.1.3.5 Rest of South & Central America: Dermatology Devices Market Revenue and Forecasts To 2028, By End User (US$ Million)
11. Dermatology Devices Market–Industry Landscape
11.1 Overview
11.2 Growth Strategies Done by the Companies in the Market, (%)
11.3 Organic Developments
11.3.1 Overview
11.4 Inorganic Developments
11.4.1 Overview
12. Company Profiles
12.1 Alma Lasers
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Cutera Inc.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Candela Corporation
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 El.En. S.p.A.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 FotoFinder Systems GmbH
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Brazil: Dermatology Devices Market Revenue and Forecasts to 2028, By Product Type (US$ Million)
Table 2. Brazil: Dermatology Devices Market, by Treatment Device – Revenue and Forecast to 2028 (US$ Million)
Table 3. Brazil: Dermatology Devices Market, by Diagnostic Device, – Revenue and Forecast to 2028 (US$ Million)
Table 4. Brazil: Dermatology Devices Market, by Dermatoscope Type,, – Revenue and Forecast to 2028 (US$ Million)
Table 5. Brazil: Dermatology Devices Market Revenue and Forecasts to 2028, By Application (US$ Million)
Table 6. Brazil: Dermatology Devices Market Revenue and Forecasts to 2028, By End User (US$ Million)
Table 7. Argentina: Dermatology Devices Market Revenue and Forecasts to 2028, By Product Type (US$ Million)
Table 8. Argentina: Dermatology Devices Market, by Treatment Device – Revenue and Forecast to 2028 (US$ Million)
Table 9. Argentina: Dermatology Devices Market, by Diagnostic Device – Revenue and Forecast to 2028 (US$ Million)
Table 10. Argentina: Dermatology Devices Market, by Dermatoscope Type – Revenue and Forecast to 2028 (US$ Million)
Table 11. Argentina: Dermatology Devices Market Revenue and Forecasts to 2028, By Application (US$ Million)
Table 12. Argentina: Dermatology Devices Market Revenue and Forecasts to 2028, By End User (US$ Million)
Table 13. Rest of South & Central America: Dermatology Devices Market Revenue and Forecasts to 2028, By Product Type (US$ Million)
Table 14. Rest of South & Central America: Dermatology Devices Market, by Diagnostic Device – Revenue and Forecast to 2028 (US$ Million)
Table 15. Rest of South & Central America: Dermatology Devices Market, by Dermatoscope Type – Revenue and Forecast to 2028 (US$ Million)
Table 16. Rest of South & Central America: Dermatology Devices Market, by Treatment Device – Revenue and Forecast to 2028 (US$ Million)
Table 17. Rest of South & Central America: Dermatology Devices Market Revenue and Forecasts to 2028, By Application (US$ Million)
Table 18. Rest of South & Central America: Dermatology Devices Market Revenue and Forecasts to 2028, By End User (US$ Million)
Table 19. Organic Developments Done By Companies
Table 20. Inorganic Developments Done by Companies
Table 21. Glossary of Terms
LIST OF FIGURES
Figure 1. South & Central America Dermatology Devices Market Segmentation
Figure 2. South & Central America Dermatology Devices Market, By Region
Figure 3. South & Central America Dermatology Devices Market Overview
Figure 4. Treatment Device Segment Held the Largest Market Share in Product Type South & Central America Dermatology Devices Market
Figure 5. Brazil is Expected to Show Remarkable Growth During the Forecast Period
Figure 6. South & Central America: PEST Analysis
Figure 7. Experts Opinion
Figure 8. Impact Analysis
Figure 9. South & Central America Dermatology Devices Market – Revenue Forecasts and Analysis – 2019–2028
Figure 10. South & Central America Dermatology Devices Market, by Product Type 2021 & 2028 (%)
Figure 11. South & Central America Treatment Device Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 12. South & Central America Lasers Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 13. South & Central America Light Therapy Devices Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. South & Central America Electrosurgical Equipment Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. South & Central America Microdermabrasion Devices Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. South & Central America Liposuction Devices Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. South & Central America Cryotherapy Devices Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. South & Central America Diagnostic Device Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 19. South & Central America Dermatoscope Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. South & Central America Contact Dermatoscope Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. South & Central America Hybrid Dermatoscope Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. South & Central America Non-Contact Dermatoscope Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. South & Central America Imaging Device Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. South & Central America Microscope Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. South & Central America Dermatology Devices Market, by Application 2021 & 2028 (%)
Figure 26. South & Central America Skin Cancer Diagnosis Market Revenue and Forecast to 2028 (US$ Million)
Figure 27. South & Central America Skin Rejuvenation Market Revenue and Forecast to 2028 (US$ Million)
Figure 28. South & Central America Hair Removal Market Revenue and Forecast to 2028 (US$ Million)
Figure 29. South & Central America Body Contouring & Skin Tightening Market Revenue and Forecast to 2028 (US$ Million)
Figure 30. South & Central America Psoriasis Market Revenue and Forecast to 2028 (US$ Million)
Figure 31. South & Central America Others Market Revenue and Forecast to 2028 (US$ Million)
Figure 32. South & Central America Dermatology Devices Market, by End User 2021& 2028 (%)
Figure 33. South & Central America Hospitals Market Revenue and Forecast to 2028 (US$ Million)
Figure 34. South & Central America Dermatology Clinics Market Revenue and Forecast to 2028 (US$ Million)
Figure 35. South & Central America Others Market Revenue and Forecast to 2028 (US$ Million)
Figure 36. South & Central America Dermatology Devices Market Revenue Overview, by Country, 2021 (US$ Million)
Figure 37. South & Central America: Dermatology Devices Market, by Country, 2021 & 2028 (%)
Figure 38. Brazil: Dermatology Devices Market Revenue and Forecast to 2028 (US$ Million)
Figure 39. Argentina: Dermatology Devices Market Revenue and Forecast to 2028 (US$ Million)
Figure 40. Rest of the South & Central America: Dermatology Devices Market Revenue and Forecast to 2028 (US$ Million)
Figure 41. Growth Strategies Done by the Companies in the Market, (%)
- Alma Lasers
- Candela Corporation
- Cutera Inc.
- El.En. S.p.A.
- FotoFinder Systems GmbH
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the South & Central America dermatology devices market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the South & Central America dermatology devices market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth South & Central America market trends and outlook coupled with the factors driving the dermatology devices market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution