Liposuction Surgery Devices Market SWOT Analysis By Size, CAGR Growth Status, Regional Trends Forecast To 2028

According to Precision Business Insights (PBI), the latest report, liposuction surgery device is expected to be worth USD 1,418.3 million in 2022, growing at an 11.3% CAGR from 2022 to 2028. The primary driver of the expansion of the global liposuction surgery devices market includes a growing awareness of obesity and its related health issue and a search for fast and effective freedom from stubborn fat without adopting a healthy lifestyle and diet among the vast urban population with the increased concern of one's appearance and beauty are the key driving factor for the growth of this market.

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Laser Associated Liposuction (LAL) to Dominate the Liposuction Surgery Devices Market:
With a 37.2% revenue share, the laser-assisted liposuction (LAL) sector leads the market. It is likely to maintain its dominance during the projection period due to the rising use of the technology's features, such as a rapid and effective method of eliminating body fat. Furthermore, LAL does not necessitate a hospital stay for the patients, allowing them to return to regular life in a matter of days. The improved efficacy and safety aspects of laser-assisted liposuction over the old approach are driving the segment's expansion.

North America Liposuction Surgery Devices Market:
North America dominated the market with 43.2% of the share in 2021 due to the increasing acceptance of new technologies and the presence of various industry players. The region's growing obesity issues, which are expected to drive demand for rapid and effective fat removal solutions, are expected to drive demand for liposuction procedures. Increased awareness of one's looks among the region's massive population is also increasing demand for liposuction surgery, propelling the industry.

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Strategic New Product Launches, Mergers, Acquisitions, and Agreements are the key strategies adopted by market players:
The global liposuction surgery devices market further reveals that the key players are increasingly adopting strategies such as the launch of newer products, product launches, and long-term alliances to improve market revenue share and gain significant geographic presence across the region. For instance, In October 2020, Alma unveiled its new Alma HybridTM platform, during a worldwide LIVE launch event that provided advanced technological support in Liposuction Surgery

The liposuction surgery market is segmented based on product type, technology, and region:
Based on Product Type:
• Stand-Alone Devices
• Portable Devices

Based on Technology:
• Tumescent Liposuction
• Ultrasound-Assisted Liposuction (UAL)
• Laser-Assisted Liposuction (LAL)
• Power-Assisted Liposuction (PAL)
• Bodyjet Or Water Assisted Liposuction (WAL)
• Jplasma
• Suction-Assisted Liposuction
• Twin Cannula-Assisted Liposuction
• RF-Assisted Liposuction
• Others

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Key players' profiles in the liposuction surgery devices market report are Alma Lasers, Solta Medical (Bausch Health Companies Inc.), InMode, Apyx Medical Corporation, Genesis Biosystems, Inc., Cynosure Inc., Sciton Inc., Wells Johnson Co., YOLO Medical Inc., Apyx Medical, Hologic Inc., and MicroAire Surgical Instruments, LLC.

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