Body Contouring Market 2019 Analysis - Research Covers Top Players as Alma Lasers, Meridian, Cynosure, Syneron Medical, Lumenis, Palomar Medical Technologies

Global “Body Contouring Market” report is made by executing an excellent research process to Gather information of Global Body Contouring Market and cover the other information such as Market Growth, Eminent Players, Chapter-Wise Description followed by various user perceptions.

Body Contouring Market - Highlight

Body contouring market is gaining traction due to the growing awareness among the people regarding their look. Body contouring involves removal of excess body fat to improve appearance.

The segment has many procedures such as body lift, bra line back lift, body fat transfer, implants and abdominal etching that can effectively bring back the body in shape.

The global body contouring market can expect a hike by 9.8% CAGR during the forecast period (2017-2023) expresses Market Research Future (MRFR) in a detailed study that also includes possible body contouring market drivers and segmental analysis for a better understanding of the market in the near future.

Among the major reasons, obesity is one of the major factors, along with technological advances and improved surgical treatment. The success rate of surgeries has gone up which can further cement the segment’s foothold.

However, the body contouring market has its loopholes as well. The surgical process incurs a high cost which can pull back the market growth during the forecast period.

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Due to increasing prevalence of obesity across the globe many of the companies are in the race to introduce better treatment for obesity. Companies are using a trend of strategic alliance and acquisition to gain the market and minimize the competition in the market.

Non-invasive and minimally invasive body contouring treatments are on the rise continuously. In the US alone, revenue from body contouring treatments was more than $361 million in 2014 and demand for the product is projected to grow 15.4% per year through 2019.

The revenue of company was $277.9 million in 2015, compared to $255.8 million in 2014 with the growth of 9%.

Key Acquisitions

The major key player for the global body contouring market are Alma Lasers (Israel), Meridian (Michigan), Cynosure (US), Syneron Medical (Israel), Lumenis (Israel) and Palomar Medical Technologies (US). Other companied involved in the market are Valeant (Canada), GlobalMed Technologies (US), Asclepion Laser Technologies (Germany), Andrew Technologies (Canada), BTL Industries (US), Cutera (US), Fotona (Slovenia), GlobalMed Technologies (US), Chromogenex (UK), Human Med (Germany), InMode (US), Invasix Aesthetic Solutions (US), Erchonia (US),Wells Johnson Company (US)

Due to increasing prevalence of obesity across the globe many of the companies are in the race to introduce better treatment for obesity. Companies are using a trend of strategic alliance and acquisition to gain the market and minimize the competition in the market.

Alma Lasers is a global developer, manufacturer and provider of cosmetic laser solutions and medical lasers headquartered in Israel. ACCENT PRIME, Harmony XL and ALMA-Q are some of the major product of the company.

Introduction of these devices by company has increase the net revenue which make them as a major player in the market. Alma Lasers has an outstanding track record of maintaining sustainable and rapid growth. In the past decade, Alma Lasers has delivered strong performance. Alma has an overall 15% market share in the global high-end aesthetic energy-based device segment.

Cynosure and US headquartered company. Cynosure’s SculpSure, SmartLipo Triplex and Precision are the market leaders in non-invasive and minimally invasive laser body contouring.

Non-invasive and minimally invasive body contouring treatments are on the rise continuously. In the US alone, revenue from body contouring treatments was more than $361 million in 2014 and demand for the product is projected to grow 15.4% per year through 2019.

Syneron Medical Ltd. is a public company that develops devices for hair removal, wrinkle treatment, and skin rejuvenation headquartered in Israel. They introduced UltraShape and VelaShape combination therapy a non-surgical alternative to liposuction which can reduce denatured fat in the desired treatment area without the risks, downtime and loss of skin elasticity associated with surgery. The revenue of company was $277.9 million in 2015, compared to $255.8 million in 2014 with the growth of 9%.

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Body Contouring Market - Segment Analysis

The global body contouring market is segmented by type of devices into invasive devices, minimally invasive devices & non-invasive devices.

Non-Invasive devices segment is further sub-segmented into radio frequency lipoplasty devices, and high intensity focused ultrasound lipoplasty devices.

Minimally invasive devices are sub-segmented into laser-assisted lipolysis devices, and radio frequency assisted liposuction devices, and invasive devices are sub-segmented into ultrasound assisted liposuction devices and other.

Detailed Regional Analysis

Region-specific analysis of the global body contouring market includes North America, Europe, Asia Pacific (APAC), and Middle East & Africa (MEA).

North America has the largest market share, and its position is going to remain the same in the coming years as well. The region gets the upper-hand as it is technologically superior and provides excellent medical facility to its customers. Furthermore, the spending capacity of the region is quite high which can provide the necessary boost to the regional market.

Europe holds the second position. First-rate medical infrastructure is something that can significantly impact the regional market growth. The APAC market is to catch up soon as the market has the potential to become the fastest growing one during the forecast period.

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