The South and Central America mesotherapy market is expected to reach US$ 104.24 million by 2027 from US$ 70.79 million in 2019. The market is anticipated to grow at a CAGR of 5.1% from 2020 to 2027.
The growth of the South and Central America mesotherapy market is attributed to the key driving factors such as increasing prevalence of skin abnormalities and skin cancer, rising geriatric population, and easy availability and cost effectiveness. However, challenges associated with mesotherapy is the major factor hindering the market growth.
Age-related skin issues such as wrinkles, creases, pigmentation, and acne as well as burn scars caused during accidents are shared among the masses because they suffer from eczema. This skin condition is prevalent across the world. The hot and dry climate in the UAE can exacerbate those symptoms.
According to the latest WHO data published in 2018, 5,355 or 0.49% of total deaths were recorded due to skin diseases in Brazil. The age-adjusted death rate is 2.48 per 100,000 of population in Brazil, and the country ranks 78 in the world. Moreover, according to WHO data in 2018, 4,484 or 0.41% of total deaths were caused due to skin cancer in Brazil. The age-adjusted death rate is 2.05 per 100,000 population, which ranks Brazil at number 62 in the world. Skin cancer represents one of the most common male malignancies in Brazil. Medical clinics have been recently offering the treatment of intradermotherapy, using the more popular name for this practice—mesotherapy. Thus, the factors mentioned above boost the growth of the South and Central America mesotherapy market.
The South and Central America mesotherapy market, by indication, is segmented into anti-ageing and wrinkle treatment, facial rejuvenation, stretch marks, acne and scar treatment, fat loss, and hair loss. The anti-ageing and wrinkle treatment segment held the largest market share in 2019. However, facial rejuvenation segment is estimated to register the highest CAGR in the market during 2020–2027.
Based on end user, the South and Central America mesotherapy market is segmented into hospitals, dermatology clinics, cosmetic clinics, and others. The dermatology clinics segment held the largest share of the market in 2019, and it is estimated to register the highest CAGR in the market during the forecast period
A few of the major primary and secondary sources referred to while preparing the report on the South and Central America mesotherapy market are the World Health Organization and International Society of Aesthetic Plastic Surgery.