South & Central America Medical Aesthetics Market Drivers and Forecasts by 2028

The medical aesthetics market in SCAM is expected to grow from US$ 437.83 million in 2021 to US$ 814.57 million by 2028; it is estimated to grow at a CAGR of 9.3% from 2021 to 2028.

Brazil and Argentina are major economies in SCAM. Technological Advancements Associated with Medical Aesthetic Devices is the major factor driving the growth of the SCAM medical aesthetics market. All medical devices used for various cosmetic procedures, including plastic surgery, unwanted hair removal, excess fat removal, anti-aging, aesthetic implants, skin tightening, etc., are categorized under the medical aesthetic products umbrella. Technological advancements in devices, increasing awareness about aesthetic procedures, growing acceptance of minimally invasive devices, and surge in obese population are the main forces boosting the medical aesthetics market growth. With the establishment of the advanced, high-speed internet infrastructure and the growing trend of social media, information is becoming more accessible to everyone, and people are becoming more aware of aesthetic procedures. An increasing number of social media users and the sensitization of the masses to medical aesthetic procedures are being correlated with the improved sales of medical aesthetic devices. The aesthetic outcome in patient demand for cosmetic treatments was influenced by several parameters, such as clinical improvement after surgery, risks and potential complications, and downtime. These parameters could validate plasma technology as a new regenerative modality. The plasma skin regeneration (PSR) technology has great potential in dermatology; it helps treat facial arrhythmias, sun keratosis, seborrheic keratosis, and warts. A few studies have examined the clinical effects of PSR technology on periorbital rejuvenation. With conventional blepharoplasty, more than 90% improvement and with PSR ~20% and 30% improvement in the tightening of the upper eyelid and the periorbital folds, respectively, were achieved. After six months, ~40% improvement in acne scars on the face was achieved after the single PSR treatment. PSR has also been explored for the rejuvenation of the skin of chest, neck, and back of the hands. In addition, it can be used to treat traumatic scars, benign familial pemphigus, and porokeratosis. Understanding the impact of the PSR technology on aesthetic medicine requires the basic knowledge of the physics and histopathological aspects of plasma. Recent advancements in the technology are likely to bring dramatic improvements in the aesthetic treatment of the skin. The emergence of laser and light-based technologies are very promising among skin rejuvenation therapies. New laser resurfacing techniques for skin rejuvenation offer significant advantages over conventional ablative lasers such as the CO2 and erbium-YAG laser systems. Non-ablative and fractional lasers, although not as effective as ablative therapies, are associated with significantly lower complication rates and shorter recovery periods. New devices combining ablative and fractional technologies are available in the medical aesthetics market, and they are showing remarkable results.

The COVID-19 outbreak has severely impacted medical care in South and Central America. Also, the nations are famous for medical tourism, which is also affected by the pandemic. The second wave of the outbreak affected Brazil, Argentina, Uruguay, Chile, Peru, and Colombia. Among which Brazil recorded the majority of deaths. The region is expected to impose a second lockdown that will eventually hamper the region's healthcare industry. Market participants and end-users are losing their businesses due to the temporary closure of companies in different countries. In this situation, there was the discontinuation of physiotherapy and other related treatments. However, the COVID-19 outbreak has had a critical impact on the flow of medical care in the region. During the COVID-19 pandemic, South and Central America witnessed the shortage of hospital beds.Due to the pandemic, measures such as social distancing and self-quarantine were imposed. Both approaches to security have shown that a person's interest in aesthetics, in general, has changed. As the pandemic progresses, these variables can, in the long run, contradict each other in shaping the changing public interest in aesthetic procedures. Many aesthetic procedures, such as lipoplasty, breast implantation, and cosmetic dental treatments, have been negatively impacted due to the COVID-19 crisis. As the focus on COVID-19 patients became critical, Several clinics have postponed or dropped numerous elective surgeries, especially those that are considered non-urgent. The markets associated with aesthetic procedures, such as implants, injections, bariatric medical procedures, and similar products, are severely affected. The number of aesthetic procedures is expected to gain momentum once there is a fall in the number of COVID-19 cases.After the normal operation of aesthetic procedures has resumed, a mandatory COVID-19 test may be required in the future to receive any service. If patients need to be tested before the procedure, despite the diagnostic coronavirus test type, the location of sample collection and the logistics of safely and effectively sending samples to the laboratory are also important. Plastic surgery practices can either do smear tests on patients with the best tools possible or refer them to screening centers. Referring patients for preoperative screening tests requires coordination among the center, patient, and surgical plan. Additionally, most aesthetic surgery clients may be asymptomatic for COVID-19, and many walk-in centers may not conduct routine testing for asymptomatic patients. The referring doctor may then require a reference or request for an asymptomatic examination for the patient.

 

SCAM Medical Aesthetics Market Segmentation   

SCAM Medical Aesthetics Market – By Product

• Facial Aesthetic Products
  • Dermal Fillers
  • Botulinum Toxin
  • Microdermabrasion Devices
• Body Contouring Devices
  • Liposuction Devices
  • Nonsurgical Fat Reduction Devices
  • Cellulite Reduction Devices
• Cosmetic Implants
  • Breast Implants
  • Facial Implants
  • Others
• Skin Aesthetic Devices
  • Laser Skin Resurfacing Devices
  • Light Therapy Devices
  • Nonsurgical Skin Tightening Devices
  • Micro-Needling Products
• Hair Removal Devices
• Tattoo Removal Devices
• Others

SCAM Medical Aesthetics Market – By Application

• Facial and Body Contouring
• Facial and Skin Rejuvenation
• Breast Augmentation
• Hair Removal
• Reconstructive Surgery
• Tattoo Removal
• Others

SCAM Medical Aesthetics Market – By End User

• Hospitals
• Dermatology Clinics
• Medical Spas and Beauty Centers
• Home Care

SCAM Medical Aesthetics Market– By Country

• Brazil
• Argentina
• RoSCAM

SCAM Medical Aesthetics Market-Companies Mentioned

• Allergan Plc
• Alma Lasers
• Galderma
• Hologic, Inc.
• Mentor Worldwide, LLC

South & Central America Medical Aesthetics Report Scope