The Aesthetic Injectables Industry will relinquish an approximated estimate at a frequency of 6.9% for the projection space of 2021 to 2028 with factor such as rise in aesthetic tourism and use of minimally invasive hyaluronic acid based dermal fillers and upcoming dermatology centers in Latin America.
However, the availability of unauthorized facial injectable products and increased cost of botox injections may obstruct the growth of the aesthetic injectables market in the given forecast period.
Latin America Aesthetic Injectables Market Scenario
According to Data Bridge Market Research, the market for aesthetic injectables in Brazil has the highest market share. Market leader is Allergan (a subsidiary of AbbVie Inc.) which accounts an estimated market share of approximately 43.95% in Latin America. The company has gained outstanding sales through providing aesthetic injectables products.
- In November 2020, Allergan (a subsidiary of AbbVie Inc.) had celebrated its second annual BOTOX Cosmetic Day. The Cosmetic Day is dedicated for the loyalty towards the patient and the healthcare providers who have put in the efforts to make the brand what it is today towards the aesthetic community. The company organizing the National Botox Cosmetic Day is trying to increase the product portfolio and this will engage customers to purchase botox injectables. This will increase sales and will have a positive impact in the market growth.
Trends Impacting the Aesthetic Injectables Market
Now the question is which other countries Allergan (a subsidiary of AbbVie Inc.), Galderma and Merz Pharma are targeting? Data Bridge Market Research has estimated a large growth in Brazil in Latin America aesthetic injectables market and the market leaders targeting the Mexico and Argentina to be their next revenue pockets for 2021.
The aesthetic injectables market is becoming more competitive with companies such as Allergan (a subsidiary of AbbVie Inc.), Galderma and Merz Pharma as they are the top dominating companies in Latin America aesthetic injectables having maximum number of products. Data Bridge Market Research new reports highlight the major growth factors and opportunities in the Latin America aesthetic injectables market.
For more analysis on the Latin America aesthetic injectables market request for a briefing with our analysts https://www.databridgemarketresearch.com/reports/latin-america-aesthetic-injectables-market
Latin America Aesthetic Injectables Market Development
- In September 2020, Allergan (a subsidiary of AbbVie Inc.) and Skin Better Science have announced the launch of a new long-term, educational initiative -DREAM: Driving Racial Equity in Aesthetic Medicine. The DREAM Initiative is committed to further the principles of racial and ethnic diversity, inclusion, respect and understanding in the fields of dermatology and plastic surgery. This collaboration between both the companies will enhance marketing initiatives results in a rise in the product portfolio to increase awareness and equal ownership between both the companies.
Scope of the Latin America Aesthetic Injectables Market
Latin America aesthetic injectables market is segmented on the basis of countries into the Brazil, Mexico, Argentina, Colombia, Venezuela, Peru, Chile, Ecuador, Uruguay, Paraguay and rest of Latin America.
- All country based analysis of Latin America aesthetic injectables market is further analyzed based on further segmentation. On the basis of product type, the Latin America aesthetic injectables market is segmented into botox injection, dermal fillers, collagen injections and others. On the basis of material type, the Latin America aesthetic injectables market is segmented natural and synthetic. On the basis of drug type, the Latin America aesthetic injectables market is segmented into branded and generic. On the basis of application, the Latin America aesthetic injectables market is segmented into anti-aging and wrinkles, skin rejuvenation, facial line correction, lip augmentation, face lift, rhinoplasty, acne scar treatment, lipoatrophy treatment, cheek depression, sears pigment lesions, reconstructive and others.On the basis of gender, the Latin America aesthetic injectables market is segmented into male and female. On the basis of route of administration, the Latin America aesthetic injectables market is segmented into intradermal and subcutaneous. On the basis of care type, the Latin America aesthetic injectables market is segmented into body care, face care and skin care. On the basis of component type, the Latin America aesthetic injectables market is segmented into biodegradable and non-biodegradable. On the basis of end user, the Latin America aesthetic injectables market is segmented into cosmetic centers, dermatology centers, hospitals, medical spas and beauty centers and others. On the basis of distribution channel, the Latin America aesthetic injectables market is segmented into direct tender and retail sales.
To know more about the study https://www.databridgemarketresearch.com/reports/latin-america-aesthetic-injectables-market
Key Pointers Covered in Latin America Aesthetic Injectables Market Industry Trends and Forecast to 2028
- Market Size
- Top to Bottom Market Analysis
- Recent Developments for Market Competitors
- Recent Market Value for Different Countries
Key Market Competitors Covered in the Report
- Galderma
- Laboratoires Vivacy
- HUGEL, Inc.
- Merz Pharma
- Anika Therapeutics, Inc.
- SKIN TECH PHARMA GROUP
- Sinclair Pharma
- Prollenium Medical Technologies
- ADODERM GmbH
- CROMA-PHARMA GmbH
- BioScience GmbH
- Contura Ltd.
- Suneva Medical
- Allergan (a subsidiary of AbbVie Inc.)
- medyglobal
Above are the key players covered in the report, to know about more and exhaustive list of aesthetic injectables companies’, contact us https://www.databridgemarketresearch.com/toc/?dbmr=latin-america-aesthetic-injectables-market
Research Methodology: Latin America Aesthetic Injectables Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Dermatologists, Surgeons, Cosmetic Surgeons, Dermatology Centers and Nurses
- Supply Side: Product Managers, Marketing Managers, Market Intelligence and Regulatory Affairs Managers among others.
Related Reports
- Global Aesthetic Injectables Market - Industry Trends and Forecast to 2026
- Global Hyaluronic Acid Market - Industry Trends and Forecast to 2026
- Global Dermal Fillers Market - Industry Trends and Forecast to 2027
Browse in Healthcare Category Related Reports@ https://www.databridgemarketresearch.com/report-category/healthcare/
