Mexico Aesthetic Devices Market - Growth, Trends, and Forecasts 2017 - 2022

  • ID: 4387926
  • Report
  • Region: Mexico
  • 70 pages
  • Mordor Intelligence
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Mexico's aesthetic devices market was estimated at USD XX billion in 2016 and is projected to reach USD XX billion by 2021, at a CAGR of XX% during the forecast period from 2016 to 2021. Medical aesthetic devices are used for various cosmetic procedures, which include plastic surgery, unwanted hair removal, excess fat, anti-aging, aesthetic implants, skin tightening, etc. that are used for the beautification, correction, and improvement of the body.

Mexico Aesthetic Devices Market-Market Dynamics

Aesthetic procedures include both surgical and non-surgical procedures. The growing aesthetic consciousness among people, especially the elderly population, is creating the demand for various devices being utilized in aesthetic procedures.

Drivers

Rapid technological advances
Increasing demand for the use of minimally invasive techniques
Increasing awareness about aesthetic procedures
Increase in the number of obese people
Restraints

The market is restrained by the lack of a proper reimbursement framework, cost of aesthetic procedures and the fear of the risks associated with the surgical procedures.

Opportunities

The increasing trend of fashion and growing consciousness of self-beauty and personal care and the increase in disposable income are some of the opportunities for market players. Mexico, being a member of the North America Free Trade Association (NAFTA), has a friendlier regulatory climate, without import duties (for American and Canadian companies).

Mexico's aesthetic devices market is segmented based on the technology and the type of product. Based on technology, the market is further segmented into laser-based technology and energy-based technology. By products, the market is segmented into aesthetic laser and energy devices (laser resurfacing devices, body contouring devices and aesthetic ophthalmology devices) and aesthetic implants (breast, facial and other implants).

Key Deliverables:

Market analysis for Mexico's aesthetic devices market, with region-specific assessments and competition analysis on the global and regional scale.
Market definition along with the identification of key drivers and restraints.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their market.
Identification and analysis of the macro and micro factors that affect Mexico's aesthetic devices market on a regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
Insights on the major countries/regions in which this industry is growing and to also identify the regions that are still untapped
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1. Introduction
1.1 Study Deliverables
1.2 Market Definition
1.3 Sizing Units
1.4 Base Currency
1.5 Review and Forecast Period
1.6 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Analysis Methodology
2.3 Econometric Forecast Models
2.4 Research Assumptions
3. Executive Summary
4. Key Inferences
5. Market Overview and Industry Trends
5.1 Current Market Scenario
5.2 Technology Overview
5.3 New Developments in Therapeutics
5.4 Investment Analysis
5.5 Porter's Five Force Analysis
5.5.1 Bargaining Power of Suppliers
5.5.2 Bargaining Power of Buyers
5.5.3 Degree of Competition
5.5.4 Threat of Substitution
5.5.5 Threat of New Entrants
6. Drivers, Restraints, Opportunities and Challenges Analysis (DROC)
6.1 Market Drivers
6.1.1 Rapid Technological Advances
6.1.2 Increasing Demand for the Use of Minimally Invasive Techniques
6.1.3 Increasing Awareness about Aesthetic Procedures
6.1.4 Increase in the Number of Obese People
6.2 Market Restraints
6.2.1 Lack of Proper Reimbursement Framework
6.2.2 Cost of Aesthetic Procedures
6.2.3 Fear of Risks Associated with Surgery
6.3 Market Opportunities
6.3.1 Increasing Trend of Fashion and Growing Consciousness of Self Beauty
6.3.2 Increasing Disposable Income
6.3.3 Being a Member of the NAFTA, it has an Ease in Regulation of Companies Investing in Aesthetic Devices
7. Mexico Aesthetic Device Market Segmentation
7.1 By Technology
7.1.1 Laser-Based Technology
7.1.2 Energy-Based Technology
7.2 By Products
7.2.1 Aesthetic Lasers and Energy Devices
7.2.1.1 Laser Resurfacing Devices
7.2.1.2 Body Contouring Devices
7.2.1.3 Aesthetics Ophthalmology Devices
7.2.2 Aesthetic Implants
7.2.2.1 Breast Implants
7.2.2.2 Facial Aesthetics
7.2.2.3 Other Implants
8. Mexico Aesthetic Devices Market - Shares and Forecasts
9. Competitive Landscape
9.1 Mergers & Acquisitions
9.2 New Product Launches
9.3 Agreements, Collaborations & Partnerships
10. Key Vendors
10.1 Allergan Inc.
10.2 Johnson and Johnson
10.3 Galderma Pharmaceuticals
10.4 Cynosure, Inc.
11. Analyst Outlook for Investment Opportunities
12. Future Outlook of the Market
13. Appendix
13.1 Abbreviations
13.2 Bibliography
13.3 Disclaimer
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