South and Central America Non-Invasive Aesthetic Treatment Market

Market Introduction

Non-invasive or non-surgical aesthetic treatment refers to the aesthetic procedures that does not require any kind of surgical incision. Sometimes, minimally invasive surgeries are also considered as non-surgical procedures. Some of the commonly conducted non-invasive aesthetic treatment includes botulinum toxin injection, chemical peels, non-surgical laser treatment, and microdermabrasion amongst other.

Market Overview and Dynamics

The South and Central America non-invasive aesthetic treatment market is expected to reach US$ 542.91 million by 2028 from US$ 274.29 million in 2021; it is estimated to grow at a CAGR of 10.2% from 2021 to 2028. The growth of the market is attributed to a few key driving factors such as rising number of non-invasive aesthetic/cosmetic procedures performed every year and surging awareness about cosmetic procedures among consumers. However, clinical risks and complications associated with medical aesthetic procedures is hindering the market growth.

Non-invasive aesthetic treatments have gained popularity in the past few years due to advantages such as minimal downtime, no scars, low cost, and less complications. The popularity and acceptance of these procedures is mainly attributed to their noninvasiveness. Besides, it has been proved that the accuracy rate of minimally invasive surgeries is greater than that of open surgeries. Therefore, the advantages of minimally invasive procedures over conventional surgery—such as faster recovery, reduced pain, and shortened hospital stays, and greater efficiency rate—contribute to the non-invasive aesthetic treatment market growth.  According to a recent report by the International Society of Aesthetic Plastic Surgery (2018), the total number of non-surgical procedures performed globally was above 12 million in 2018. The advancements in nonsurgical technologies and unveiling of new surgery options have made aesthetics accessible to people. For example, the advantages of laser procedures have attracted younger people to improve their skin conditions, modify body parts, and correct their physical posture. Therefore, rising acceptance of non-invasive aesthetic/cosmetic procedures is driving the growth of the South and Central America non-invasive aesthetic treatment market. Several government initiatives are helping in creating awareness regarding non-invasive aesthetic procedures among people, which is also boosting the market growth.

South and Central America is highly affected due to the COVID-19 outbreak pandemic. The outbreak has severely impacted the flow of medical services and medical tourism in the region. The Division of Plastic Surgery in Latin America suspended nonessential operations and outpatient consultations, achieving new guidelines (ANG) of national and international associations. Moreover, countries in this region are significantly dependent on the US and European countries for medical resources, which are under lockdown. Thus, the South and Central America non-invasive aesthetic treatment market in the region has experienced a significant slowdown and is expected to witness the same in the following two to three years.

Key Market Segments

The South and Central America non-invasive aesthetic treatment market, based on procedure, is segmented into injectables, skin rejuvenation, and others. The injectables segment held the largest share of the market in 2020, and the market for the same segment is expected to grow at the fastest rate during the forecast period.

The South and Central America non-invasive aesthetic treatment market, by end user, is segmented into hospitals, clinics and medical spas, and others. The hospitals segment held the largest share of the market in 2020. Also, the same segment is anticipated to register the highest CAGR in the market during the forecast period.

Major Sources and Companies Listed

A few of the primary and secondary sources associated with this report on the South and Central America non-invasive aesthetic treatment market are the American Society for Aesthetic Plastic Surgery (ASAPS), Centers for Disease Control and Prevention (CDC) and National Health Service (NHS).

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SOUTH AND CENTRAL AMERICA NON-INVASIVE AESTHETIC TREATMENT MARKET SEGMENTATION

By Procedure

• Injectables
  • Botulinum Toxin
  • Calcium Hydroxylapatite
  • Hyaluronic Acid
  • Polymer Filler
  • Collagen
• Skin Rejuvenation
  • Chemical Peel
  • Laser Skin Resurfacing
  • Photorejuvenation
• Others
  • Hair Removal
  • Nonsurgical Fat Reduction
  • Sclerotherapy
  • Cellulite Treatment

By End User

• Hospitals
• Clinics and Medical Spas
• Others

By Country

• Brazil
• Argentina
• Rest of South and Central America

Company Profiles

• Galderma
• Alma Lasers
• Merz Pharma
• Bausch Health Companies Inc.
• Cutera Inc.
• AbbVie Inc.
• Candela Medical
• Johnson and Johnson Services, Inc.

South and Central America Non-Invasive Aesthetic Treatment Market Strategic Insights

South and Central America Non-Invasive Aesthetic Treatment Market Segmentation Analysis

South and Central America Non-Invasive Aesthetic Treatment Market Report Highlights

South and Central America Non-Invasive Aesthetic Treatment Report Scope

South and Central America Non-Invasive Aesthetic Treatment Market Country and Regional Insights