Muscle Sculpting Market size valued at USD 189.8 Million in 2021 Owing to Growing adoption of Muscle Stimulating Devices
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North America Leads Muscle Sculpting Market
North America holds a market share of 35.3% in the muscle-sculpting market in the forecast period, and it is projected to grow at a significant CAGR over the years. The presence of many market players coupled with the introduction or launch of innovative products and increasing use of electrical muscle stimulation as a substitute for exercise are the major factors driving the growth of the market. However, the high cost of the muscle-sculpting devices (For instance, a huge investment for installation of these devices and recurring service charges bills after 300 to 450 treatments) are the major factors expected to hamper this market.
Strategic New Product Launches, Mergers, Acquisitions, and Agreements are the key strategies adopted by market players:
The global muscle-sculpting market further reveals that the key players increasingly adopting strategies such as the launch of newer products, frequent product approvals, and long-term alliances to improve market revenue share and gain significant geographic presence across the region. For instance, In December 2021, Cutera launched the next generation of its truSculpt flex, a muscle-building technology, the truSculpt flex+ that is best known for rapid treatment and offers the ability to treat eight areas simultaneously. In June 2019, Allergan received FDA Clearance for CoolTone Device. CoolTone strengthens, tones and firms the muscles in the treated area, resulting in a more defined and toned appearance.
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Key players' profiles in the report are Allergan, BTL Aesthetics, Cutera, Inc., Daeyang Medical, Cynosure, Deleo, Bio-Medical Research Limited, Iskra Medical, EMS Physio Ltd, and Sciton, Inc.
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