According to the latest industry analysis by Future Market Insights, brazil aesthetic equipment market is set for extraordinary growth. Valued at approximately USD 1.8 billion in 2022, the market is anticipated to expand at an impressive Compound Annual Growth Rate (CAGR) of 15.5% over the forecast period, with projections estimating a valuation of USD 8.6 billion by 2033.
Aesthetic equipment has become a cornerstone in the realm of beauty and personal care, significantly contributing to individuals’ self-confidence by offering minimally invasive therapies to enhance physical appearance. These devices blend cutting-edge healthcare and beauty technologies, incorporating advanced systems such as lasers and other energy-based technologies.
Report Sample Comprehensive Insights to learn about recent in the Brazil Aesthetic Equipment Market observed by FMI
“Driven by the growing demand for self-enhancement and beauty consciousness among individuals, the Brazil aesthetic equipment market is witnessing significant growth,” remarked a Future Market Insights. “Technological advancements in the field are further fueling market expansion, offering innovative solutions for various aesthetic concerns.”
Key applications of aesthetic equipment include facial skin resurfacing, tattoo and pigmentation removal, treatment of vascular lesions, acne and acne scars, among others. These devices are revolutionizing the beauty and wellness industry, offering effective and non-invasive solutions to address a wide range of aesthetic concerns.
As the market continues to evolve, manufacturers are focusing on research and development initiatives to introduce advanced and efficient aesthetic equipment. Additionally, strategic collaborations and partnerships are anticipated to drive market growth, fostering innovation and expanding market reach.
The projected growth of the Brazil aesthetic equipment market underscores the rising trend of aesthetic consciousness and the increasing adoption of advanced beauty technologies among individuals. With a promising trajectory, the market is poised to offer lucrative opportunities for stakeholders, including manufacturers, distributors, and service providers.
Key Takeaways from Market Study:
- Non-Energy based aesthetic device is the leading segment as device type, and holds about 4% market value share in the Brazilian market 2022 as people are getting more aware of the risks and side effects associated with invasive cosmetic surgeries, thus, significantly increasing the demand for non-invasive and minimally invasive procedures.
- Breast Augmentation lead in terms of application of the Brazil aesthetic medical device with a market value share of around 8% by 2022 as breast augmentation is one of the most popular cosmetic surgical procedures in Brazil.
- Body and extremities dominated the Brazil market with value share of around 6% in 2022 owed to increasing adoption of non-invasive treatments for the reduction of unwanted fat in the arms, legs and other areas of the body
- In terms of social class, Class B segment dominated the Brazilian market with value share of around 7% in 2022 as this class predominantly constitutes the middle income population and there is higher adoption of aesthetic equipment within this category.
- By end user, dermatology and cosmetology clinics held a share of around 8% in 2022; because they provide a wide range of aesthetic procedures and treatments, and they invest heavily in the latest technologies and medical devices to meet the demand of their patients.
- Southeast region held a value share of around 5% in 2022. The Southeast region of Brazil has the highest population density in the country, with a huge and expanding middle-class population driving up demand for aesthetic treatments.
Market Competition:
Strategic alliances and collaborations is one of the key strategy within the Brazilian aesthetic equipment market. Manufacturers are forming strategic alliances and collaborations to improve their supply chain and distribution channels, reach out to new markets, and offer their products to a wider range of customers. This has resulted in an increase in the availability and affordability of cosmetic medical devices in Brazil.
A few examples of strategies acquired by the key players:
- In May 2022, Under an exclusive collaboration arrangement with FixNip LTD, GC Esthetics Inc. introduced an advanced nipple-areola complex (NAC) FixNip NRI reconstructive implant in Europe.
- In 9 April 2019, Merz company launched new Belotero dermal filler products for lips. The product specifically designed for lip enhancement and treatment of perioral lines.
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Key Companies Profiled:
- AbbVie Inc.
- Alma Lasers
- Cutera Inc.
- Silimed Indústria de Implantes Ltda.
- GC Aesthetics
- Bausch & Lomb Incorporated
- Hologic Inc.
- Boston Scientific (Lumenis Inc.)
- LUTRONIC
- Syneron Medical Ltd
- Venus Concept
- Genesis Biosystems, Inc.
- POLYTECH Health & Aesthetics GmbH
- Lifesil
Key Market Segments Covered in the Brazil Aesthetic Equipment Industry Research:
Device:
- Energy-Based Aesthetic Devices
- Laser-Assisted Liposuction (LAL) Devices
- Laser Resurfacing Devices
- Radio Frequency-Assisted Liposuction (RFAL) Devices
- Power Assisted Liposuction (PAL) Devices
- Ultrasound-Assisted Liposuction (UAL) Devices
- Intense Pulsed Light (IPL) Equipment
- Cellulite Reduction Devices
Non-Energy Based Aesthetic Devices:
- Facial Aesthetics Products
- Dermal Fillers
- Botulinum Toxin Injections
- Microderma abrasions/Chemical Peels
- PRP (Platelet-Rich-Plasma)
- Microneedling
- Implants
- Breast Implants
- Buttock Implants
- Facial Implants
- Others Implants
Application:
- Skin Resurfacing and Tightening
- Anti-Aging
- Wrinkle Reduction
- Face Lift
- Lip Augmentation
- Acne & Scar Treatment
- Hair Removal
- Body Contouring and Cellulite Reduction
- Tattoo Removal
- Breast Augmentation
- Abdominoplasty
- Lower Body Lift
- Upper Body Lift
- Liposuction
- Dermabrasion
- Dentistry
- Others
Body Parts:
- Face
- Eyes
- Nose
- Lip
- Ears
- Body and Extremities
- Arms and Elbow
- Buttocks
- Feet
- Thigh
- Breast
- Scalp
- Neck
By Social Class:
- Class A
- Class B
- Class C
- Class D
End User:
- Hospitals
- Ambulatory Surgical Clinics
- Free Standing Aesthetic Centers
- Dermatology and Cosmetology Clinics
- Dental Clinics
- Medical Spas and Wellness Centers
Brazil:
- Southeast region
- South region
- Northeast region
- Central-west region
- North region
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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