Latin America Eyelid Surgery Blepharoplasty Market Growth Prospects 2024-2032

Latin America Eyelid Surgery Blepharoplasty Market Growth Prospects 2024-2032

Triton’s research report estimates that the Latin America eyelid surgery blepharoplasty market is expected to gain revenue at a CAGR of 7.01% during the forecast years 2024-2032.

The blepharoplasty market in Latin America is experiencing notable growth, driven by an increasing focus on aesthetic enhancement and affordable surgical options. Brazil, in particular, ranks among the top five countries globally for cosmetic surgeries, with eyelid surgery being one of the most common procedures. According to regional studies, blepharoplasty accounts for approximately 12-15% of all cosmetic surgeries performed annually in this region. A rising middle class, coupled with growing awareness of cosmetic procedures, has contributed to the popularity of eyelid surgeries.

The countries studied in this region include Brazil, Mexico, and Rest of Latin America.

Brazil captured the highest share in the eyelid surgery blepharoplasty market, in the year 2023.

• As per the International Society of Aesthetic Plastic Surgery, Brazil is a leading market for eyelid surgery, with 216,318 blepharoplasty procedures performed in 2022, reflecting strong consumer demand for cosmetic procedures.
• While primarily popular among middle-aged and older individuals aiming to combat signs of aging, eyelid surgery also attracts younger patients seeking aesthetic enhancements.
• In fact, the country’s deep-rooted culture of beauty and self-care has led to the growing adoption of blepharoplasty procedures thereby reflecting a positive growth of the studied market in the country.

Eyelid Surgery Blepharoplasty Market Forecast for Mexico

In Mexico, eyelid surgery accounted for 4.8% of all cosmetic procedures performed in 2022, reflecting its notable share in the country’s aesthetic market. Advances in surgical techniques and the availability of minimally invasive options have also broadened the appeal of this procedure, making it more accessible to a wider demographic. Additionally, the country’s reputation as a medical tourism hub contributes significantly to market growth, with patients from the US and other countries seeking high-quality yet affordable eyelid surgeries performed by skilled surgeons in the region.

The eyelid surgery blepharoplasty market is segmented based on product type, gender, procedure type, and end-user. Based on gender, it is further classified into female and male. Targeted marketing and advertising campaigns aimed at male audiences have contributed to this trend, encouraging more men to consider blepharoplasty and similar treatments. Additionally, the rising disposable income of the key 35-60 age group worldwide has further facilitated spending on these cosmetic surgeries. Driven by increasing social acceptance, the male segment is witnessing a consistent growth.

Contender Analysis in the Eyelid Surgery Blepharoplasty Market

Osheru LLC manufactures cosmetic eyelid surgery systems for the growing Latin American and Caribbean markets. Their OcuLift™ product line includes specialized plasma lasers designed for precise eyelid sculpting and fractional skin resurfacing around the eyes. The treatment protocols ensure minimal downtime while delivering significant rejuvenation. The company is based in Oregon, United States.

Recently, the company has secured $4.7 million in seed funding to accelerate the development and commercialization of its Ziplyft device for blepharoplasty surgery.

The key entities in the reviewed market are Grand Aespio Inc, Sciton Inc, Sisram Medical Ltd, Bomtech Electronics CO Ltd, Cynosure Inc, and Surgical Holdings.