Latin America Dermatology Devices Market Size & Outlook

The dermatology devices market in Latin America is expected to reach a projected revenue of US$ 2,096.9 million by 2030. A compound annual growth rate of 9.6% is expected of Latin America dermatology devices market from 2024 to 2030.

Revenue, 2023 (US$M)
$1,101.5
Forecast, 2030 (US$M)
$2,096.9
CAGR, 2024 - 2030
9.6%
Report Coverage
Latin America

Latin America dermatology devices market, 2018-2030 (US$M)

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Latin America dermatology devices market highlights

  • The Latin America dermatology devices market generated a revenue of USD 1,101.5 million in 2023.
  • The market is expected to grow at a CAGR of 9.6% from 2024 to 2030.
  • In terms of segment, treatment devices was the largest revenue generating product in 2023.
  • Treatment devices is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.


Latin America data book summary

Market revenue in 2023USD 1,101.5 million
Market revenue in 2030USD 2,096.9 million
Growth rate9.6% (CAGR from 2023 to 2030)
Largest segmentTreatment devices
Fastest growing segmentTreatment devices
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDiagnostic devices, Treatment devices
Key market players worldwideFosun International Ltd, Bausch Health Companies Inc, Cutera Inc, Ambicare Health


Other key industry trends

  • In terms of revenue, Latin America region accounted for 7.2% of the global dermatology devices market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 7,932.1 million by 2030.

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Dermatology Devices Market Companies

Name Profile # Employees HQ Website

Latin America dermatology devices market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to dermatology devices market will help companies and investors design strategic landscapes.


Treatment devices was the largest segment with a revenue share of 79.98% in 2023. Horizon Databook has segmented the Latin America dermatology devices market based on diagnostic devices, treatment devices covering the revenue growth of each sub-segment from 2018 to 2030.


Majority of the countries in this region are developing nations that are experiencing technological advancements and groundbreaking research at a rapid pace. This region has witnessed a huge surge in medical tourism, which is accelerating the development of the medical industry.

Latin American region includes Brazil, Mexico, and other Latin American countries. Presence of untapped opportunities in emerging countries such as Brazil and Mexico is also expected to propel growth of dermatology devices market during the forecast period.

These countries are being preferred for medical tourism due to the availability of advanced healthcare treatments at lower cost (30% to 70% discount) as compared to North America and Europe.

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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America dermatology devices market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America dermatology devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America dermatology devices market size, by country, 2018-2030 (US$M)

Latin America Dermatology Devices Market Outlook Share, 2023 & 2030 (US$M)

Latin America dermatology devices market size, by country, 2018-2030 (US$M)

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