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Argentina Aesthetic Devices Market - Growth, Trends, and Forecasts (2020 - 2025)

  • ID: 5175596
  • Report
  • August 2020
  • Region: Argentina
  • 71 pages
  • Mordor Intelligence
UP TO OFF
until Dec 31st 2020

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FEATURED COMPANIES

  • CANDELA CORPORATION
  • Cutera Inc.
  • Hologic Inc.
  • Johnson & Johnson
  • Lumenis Inc.
  • Sciton Inc.
  • MORE
The Argentina Aesthetic Devices Market is expected to register a CAGR of 5.5% during the forecast period, 2020-2025. This is attributing the increasing obese population, increasing awareness regarding aesthetic procedures, and rising adoption of minimally invasive devices, technological advancement in devices. The concern of people about their appearance is gradually on the increase. There is an increasing rate procedure in developed countries like chile due to the fact that people are getting more concerned with their appearance, especially with the high standard of living. With the advent of the internet, information became accessible to everyone and people started becoming more aware of the aesthetic procedures. Furthermore, Increasing R&D expenditure by innovators and generic players and rising aging population will also fuel the Argentina Aesthetic Devices Market.

Key Market Trends

Hair Removal is Expected to Hold Significant Market Share in the Application Segment

Getting rid of unwanted body hair is one such problem that everyone had faced at some point in their lives. For more than two decades, such people have been turning to several processes of hair removal to help them mitigate this common issue that virtually everyone faces. Since the introduction of laser light and energy-based devices for the removal of unwanted hair, aesthetic physicians and dermatologists have been able to offer effective treatments to patients that have withstood the test of time, leading to the high growth of medical aesthetics devices market. Hence, with the rising number of surgical procedures performed globally, the market is expected to witness rapid growth.

Moreover, as per ISAPS International Study on Aesthetic/Cosmetic Procedures Performed in 2018, Argentina comes under the top 10 countries for the cosmetic procedures to perform with around 608,960 procedures. Thus, the prevalence of cosmetic procedures likely positively impacts segment growth.

Competitive Landscape

The Argentina Aesthetic Devices Market is moderately competitive and consists of several major players. Some of the companies which are currently dominating the market are AbbVie Inc. (Allergan Inc.), Alma Lasers Ltd. (Sisram Med), Bausch Health Companies Inc. (Solta Medical, Inc.), Cutera Inc., Johnson & Johnson, Hologic Inc., Lumenis Inc., Sciton Inc., CANDELA CORPORATION and Venus Concept.

Reasons to Purchase this report:
  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • CANDELA CORPORATION
  • Cutera Inc.
  • Hologic Inc.
  • Johnson & Johnson
  • Lumenis Inc.
  • Sciton Inc.
  • MORE
1 INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Obese Population
4.2.2 Increasing Awareness Regarding Aesthetic Procedures and Rising Adoption of Minimally Invasive Devices
4.2.3 Technological Advancement in Devices
4.3 Market Restraints
4.3.1 Social Stigma Concerns
4.3.2 Complex Reimbursement Scenario
4.4 Porter's Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION
5.1 By Type of Device
5.1.1 Energy-based Aesthetic Device
5.1.1.1 Laser-based Aesthetic Device
5.1.1.2 Radiofrequency (RF) Based Aesthetic Device
5.1.1.3 Light-based Aesthetic Device
5.1.1.4 Ultrasound Aesthetic Device
5.1.2 Non-energy-based Aesthetic Device
5.1.2.1 Botulinum Toxin
5.1.2.2 Dermal Fillers and Aesthetic Threads
5.1.2.3 Microdermabrasion
5.1.2.4 Implants
5.1.2.5 Other Aesthetic Devices
5.2 By Application
5.2.1 Skin Resurfacing and Tightening
5.2.2 Body Contouring and Cellulite Reduction
5.2.3 Hair Removal
5.2.4 Breast Augmentation
5.2.5 Other Applications
5.3 By End User
5.3.1 Hospital
5.3.2 Clinics
5.3.3 Home Settings

6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 AbbVie Inc. (Allergan Inc.)
6.1.2 Alma Lasers Ltd. (Sisram Med)
6.1.3 Bausch Health Companies Inc. (Solta Medical, Inc.)
6.1.4 Cutera Inc.
6.1.5 Johnson & Johnson
6.1.6 Hologic Inc.
6.1.7 Lumenis Inc.
6.1.8 Sciton Inc.
6.1.9 CANDELA CORPORATION
6.1.10 Venus Concept

7 MARKET OPPORTUNITIES AND FUTURE TRENDS
Note: Product cover images may vary from those shown

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  • AbbVie Inc. (Allergan Inc.)
  • Alma Lasers Ltd. (Sisram Med)
  • Bausch Health Companies Inc. (Solta Medical, Inc.)
  • Cutera Inc.
  • Johnson & Johnson
  • Hologic Inc.
  • Lumenis Inc.
  • Sciton Inc.
  • CANDELA CORPORATION
  • Venus Concept
Note: Product cover images may vary from those shown

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