Press release
Body Contouring Devices Market Market Size to Witness Rapid Expansion in 2025 | Growing at CAGR of 17.7%
Body Contouring Devices Market
Key Takeaways:
Skin tightening application is expected to grow at the largest CAGR of 18.3% from 2018 to 2025.
Hospitals & clinics will dominate throughout the forecast period.
Asia-Pacific is expected to provide lucrative growth opportunities from 2017 to 2025.
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Body contouring devices have gained a substantial market share in recent years due to rise in obesity globally. In addition, surge in esthetic consciousness across the globe is another major factor that in turn has fueled the use of body contouring devices. Furthermore, untapped potential in the emerging markets in Asia-Pacific is anticipated to boost the market growth in the future.
Increase in obesity worldwide, rise in aesthetic consciousness, and advancements in the field of body contouring facilitate the growth in the market. However, high cost related to body contouring procedures restrains market growth. On the other hand, the increase in medical tourism and untapped potential in emerging economies create new opportunities.
Market Segmentation:
Technology Type:
Non-Invasive Body Contouring Devices:
Radiofrequency (RF) Devices
High-Intensity Focused Ultrasound (HIFU) Devices
Cryolipolysis Devices
Laser Lipolysis Devices
Pneumatic Massage Devices
Electromagnetic Devices
Minimally Invasive Body Contouring Devices:
Liposuction Devices
Laser-Assisted Liposuction (LAL) Devices
Water-Assisted Liposuction (WAL) Devices
Treatment Area:
Abdomen and Flanks
Thighs and Buttocks
Arms
Breasts
Chin and Neck
Other Target Areas
End-User:
Cosmetic Surgery Clinics
Dermatology Clinics
Spa and Wellness Centers
Hospitals
Home Use (consumer-grade devices)
Geographic Region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, Spain, Rest of Europe)
Asia-Pacific (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific)
LAMEA (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
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Regional Growth Dynamics:
Based on region, the global market is studied across North America, Europe, Asia-Pacific, and LAMEA. North America held the largest share of the market in 2017, followed by Europe. On the other hand, Asia-Pacific is anticipated to dominate the market during the analysis period due to increase in disposable incomes and rise in awareness toward body contouring.
Competitive Landscape:
Allergan plc; Hologic, Inc.; Bausch Health Companies Inc.; Erchonia Corporation; Shanghai Fosun PharmaceuticalGroupCo., Ltd.; Cutera, Inc.; MicroAire Surgical Instruments, LLC; Sciton, Inc.; InMode Aesthetic Solutions; and El.En. S.p.A. (Asclepion Laser Technologies GmbH).
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