South & Central America Dermatology Devices Market Forecast to 2028 - COVID-19 Impact and Regional Analysis by Product Type, Application, and End User

List of Tables

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.

Reasons to Buy:

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

Product Code: BMIRE00027754

1. Introduction

1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
- 1.3.1 SAM Dermatology Devices Market - By Product Type
- 1.3.2 SAM Dermatology Devices Market - By Application
- 1.3.3 SAM Dermatology Devices Market - By End User
- 1.3.4 SAM Dermatology Devices Market - By Country

2. SAM Dermatology Devices Market- Key Takeaways

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. SAM Dermatology Devices Market - Market Landscape

4.1 Overview
4.2 SAM PEST Analysis
4.3 Experts Opinion

5. SAM 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- SAM Analysis

6.1 SAM Dermatology Devices Market Revenue Forecast and Analysis

7. SAM Dermatology Devices Market Revenue and Forecasts To 2028- by Product Type

7.1 Overview
7.2 SAM 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. SAM Dermatology Devices Market Analysis and Forecasts To 2028 - By Application

8.1 Overview
8.2 SAM 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. SAM Dermatology Devices Market Analysis and Forecasts To 2028 - By End User

9.1 Overview
9.2 SAM 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. SAM Dermatology Devices Market Revenue and Forecasts to 2028 - Country Analysis

10.1 Overview
- 10.1.1 SAM: 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 SAM: Dermatology Devices Market - Revenue and Forecast to 2028 (USD Million)
    - 10.1.1.3.1 Overview
    - 10.1.1.3.2 Rest of the SAM Dermatology Devices Market Revenue and Forecast to 2028 (US$ Million)
    - 10.1.1.3.3 Rest of SAM: Dermatology Devices Market Revenue and Forecasts to 2028, By Product Type (US$ Million)
    - 10.1.1.3.3.1 Rest of SAM: Dermatology Devices Market, by Diagnostic Device, 2020-2028 (US$ Million)
    - 10.1.1.3.3.2 Rest of SAM: Dermatology Devices Market, by Dermatoscope Type, 2020-2028 (US$ Million)
    - 10.1.1.3.3.3 Rest of SAM: Dermatology Devices Market, by Treatment Device, 2020-2028 (US$ Million)
    - 10.1.1.3.4 Rest of SAM: Dermatology Devices Market Revenue and Forecasts To 2028, By Application (US$ Million)
    - 10.1.1.3.5 Rest of SAM: 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