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Market for Body Contouring Devices To Double by 2022

March 5, 2014

LATIN AMERICA: Medical tourism and a high level of aesthetic consciousness will drive strong growth in the Latin American market for body contouring devices, according to Decision Resources Group (DRG). High patient demand will be particularly evident in large metropolitan regions such as Rio de Janeiro and Mexico City. This cultural emphasis, combined with the rising number of overweight individuals, will drive robust growth for body contouring procedures in Latin America, according to the company.

According to DRG analyst Kristina Vidug, Latin America is a popular destination for medical tourists from North America and Europe because visitors are able to vacation in tropical destinations, undergo medical procedures and heal before returning home.

“Costly invasive procedures such as fat reduction are the most sought-after treatments for medical tourists because the savings accrued in Latin America versus North America or Europe can be quite substantial,” explained Vidug.

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