Latin America Non Invasive Fat Reduction Market Size & Outlook
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Latin America non invasive fat reduction market highlights
- The Latin America non invasive fat reduction market generated a revenue of USD 210.9 million in 2023.
- The market is expected to grow at a CAGR of 13.7% from 2024 to 2030.
- In terms of segment, cryolipolysis was the largest revenue generating procedures type in 2023.
- Cryolipolysis is the most lucrative procedures type segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 210.9 million |
| Market revenue in 2030 | USD 517.5 million |
| Growth rate | 13.7% (CAGR from 2023 to 2030) |
| Largest segment | Cryolipolysis |
| Fastest growing segment | Cryolipolysis |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cryolipolysis, Ultrasound, Low Level Lasers |
Other key industry trends
- In terms of revenue, Latin America region accounted for 12.4% of the global non invasive fat reduction 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 1,410.4 million by 2030.
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Non Invasive Fat Reduction Market Scope
Non Invasive Fat Reduction Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Venus Concept Inc | View profile | 304 | 235 Yorkland Boulevard, Suite 900, Toronto, ON, Canada, M2J 4Y8 | https://www.venusconcept.com |
| Cynosure Inc | View profile | 101-250 | Lisle, Illinois, United States, North America | https://www.cynosureinc.com |
| Fosun International Ltd | View profile | 108000 | 3 Garden Road, Room 808, Industrial and Commercial Bank of China Building, Hong Kong, Hong Kong | https://www.fosun.com |
| Candela Corporation | View profile | 51-100 | Irvine, California, United States, North America | http://www.candelacorp.com/ |
| BTL Industries Ltd. | View profile | 501-1000 | Stevenage, Herefordshire, United Kingdom, Europe | https://www.btlnet.com/ |
| Zeltiq Aesthetics | View profile | 251-500 | Pleasanton, California, United States, North America | http://zeltiq.com |
| Lynton Lasers | View profile | 101-250 | Holmes Chapel, Cheshire, United Kingdom, Europe | https://lynton.co.uk/ |
| Cutera Inc | View profile | 430 | 3240 Bayshore Boulevard, Brisbane, CA, United States, 94005 | https://www.cutera.com |
| Hologic Inc | View profile | 6990 | 250 Campus Drive, Marlborough, MA, United States, 01752 | http://www.hologic.com |
| AbbVie Inc | View profile | 50000 | 1 North Waukegan Road, North Chicago, IL, United States, 60064-6400 | http://www.abbvieinvestor.com |
Latin America non invasive fat reduction 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 non invasive fat reduction market will help companies and investors design strategic landscapes.
Cryolipolysis was the largest segment with a revenue share of 37.7% in 2023. Horizon Databook has segmented the Latin America non invasive fat reduction market based on cryolipolysis, ultrasound, low level lasers covering the revenue growth of each sub-segment from 2018 to 2030.
Latin America is the second fastest growing region after U.S having a lot of growth opportunities for noninvasive treatments. This market is pacing lucratively because of availability of procedures like body contouring and laser resurfacing at a cheaper cost as compared to North America and Europe.
Brazil has become a hotspot for medical tourism because of the presence of trained professionals, good infrastructure and low treatment costs in the region. Moreover, rising investments from the international players, adequate disposable income, increasing number of aesthetic procedures, rising middle age population, and clinical advancement are driving the market.
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Target buyers of Latin America non invasive fat reduction market databook
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Our clientele includes a mix of non invasive fat reduction market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America non invasive fat reduction market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America non invasive fat reduction market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America non invasive fat reduction market size, by country, 2018-2030 (US$M)
Latin America Non Invasive Fat Reduction Market Outlook Share, 2023 & 2030 (US$M)
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