the “South and Central America Aesthetic Medical Laser Systems Market Forecast to 2027 – Impact of COVID-19 and Regional Analysis by Type, Application and End User” the report was added to ResearchAndMarkets.com from offer.
Hair removal segment held the largest share of applications in the aesthetic medical laser systems market in South and Central America in 2019
The market for aesthetic medical laser systems in South and Central America is expected to reach USD 154.92 million in 2027 from USD 81.17 million in 2019. The market is expected to grow with a CAGR of 8.7% from 2020 to 2027.
On the basis of application, the aesthetic medical laser systems market is segmented into Hair Removal, Acne & Scars, Skin Rejuvenation, Pigmented Lesions, Legs & Varicose Veins, etc.
The hair removal segment held the largest share of the market in 2019, while the skin rejuvenation segment is expected to register the highest CAGR in the market during the forecast period. The growth of hair removal segments is fueled by the increasing application of Intense Pulsed Light (IPL) tools.
So, due to the increasing demand for laser hair removal treatments and their precise hair removal techniques, it is helping in the growth of the markets.
On the other hand, the skin rejuvenation segment is expected to grow at the fastest CAGR during the forecast period as various companies have a wider range of skin rejuvenation laser systems. In addition, older people significantly adopt this therapy for their younger appearance.
The growth of this market is expected to grow due to key factors such as an upsurge in aesthetic and cosmetic procedures and an increase in the advancement of technologies regarding aesthetic medical laser systems. However, the growth of the market is likely to be hampered due to the sharp rise in healthcare costs of aesthetic medical laser devices.
Bausch Health Companies Inc., Candela Medical, Cutera Inc. are among the leading companies operating in the aesthetic medical laser systems market in South and Central America.
Key market dynamics
The report segments the South and Central America Aesthetic Medical Laser System market as follows:
Acne and scars
Legs and varicose veins
By end user
For more information on this report, visit https://www.researchandmarkets.com/r/vlnns5
See the source version on businesswire.com: https://www.businesswire.com/news/home/20210422005497/en/
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