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Liposuction Surgery Devices Market 2024-2033: Growth Trends & Market Outlook

05-13-2024 03:55 PM CET | Health & Medicine

Press release from: The Business research company

Liposuction Surgery Devices Market 2024-2033: Growth Trends &

The liposuction surgery devices market size has grown rapidly in recent years. It will grow from $1.74 billion in 2023 to $2 billion in 2024 at a compound annual growth rate (CAGR) of 14.7%. The growth in the historic period can be attributed to obesity epidemic, growth in medical tourism, regulatory approvals, increased aging population, lifestyle changes.

The liposuction surgery devices market size is expected to see rapid growth in the next few years. It will grow to $3.35 billion in 2028 at a compound annual growth rate (CAGR) of 13.8%. The growth in the forecast period can be attributed to rise in disposable income, rise in patient awareness, use of genetic testing, adoption of personalized aesthetics, growth of telemedicine consultations. Major trends in the forecast period include demand for non-invasive liposuction, laser and radiofrequency lipolysis, ultrasound-assisted liposuction, regenerative medicine integration, customized body contouring.

Market Overview -
Liposuction surgery is a procedure in which fat is removed from a specific area of body using suction. This surgery is used for removing the excess body fat using various technologies.

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Rising Beauty Consciousness And Surge In Liposuction Procedures Drive Liposuction Surgery Devices Market Growth
Growing beauty consciousness among a large population and increasing demand for liposuction procedures by both men and women significantly contribute to the growth of the liposuction surgery devices market. Unpleasant attention to undesirable fat can lead to body dissatisfaction and psychological problems. To overcome this problem immediately without any diets or exercise, men and women move towards liposuction surgery. For instance, according to April 2022 report published by The Aesthetic society on aesthetic plastic surgery statistics, the overall surgical procedure increased by 54% in 2021 compared with 2020. Furthermore, the total number of body surgery procedures counted to 921,664 in 2021 from 564,303 in 2020, which shows an increase of 63%. Thus, growing beauty consciousness among a large population is expected to increase demand for the growth of the liposuction surgery devices during the forecast period.

Competitive Landscape -
Major companies operating in the liposuction surgery devices market include Solta Medical Inc., Cynosure LLC, Invasix Inc., Alma Lasers Ltd., Yolo Medical Inc., InMode Ltd., Sciton Inc., Wells Johnson Company, Zeltiq Aesthetics Inc., Bausch Health Companies Inc., Genesis Biosystems Inc., Hologic Inc., Ambicare Clinics Pvt. Ltd., Syneron Medical Ltd., Lumenis Ltd., Cutera Inc., Erchonia Corporation, Bioventus LLC, Nordson Corp., Solta Medical a division of Bausch Health Companies Inc., BTL Industries Inc., Eclipse Aesthetics LLC, Viora Ltd., AART Infrared Systems LLC, Lutronic Corporation, I.T.E. Innowacje Technologie Edukacja Sp. z o.o., Maxillofacial Inc., Pelton & Crane Co., Redmon Group Inc., Rohde & Schwarz GmbH & Co. KG

Technological Advancements In Skincare Revolutionizing Liposuction Surgery Devices Market
Technological Advancements in skincare are the major key trend in the liposuction surgery devices market. The conventional fat suctioning process is being updated with the inclusion of a wide range of latest technologies such as non-invasive, power, laser, ultrasound, RF, and others to improve the liposuction outcome including skin form and texture. For instance, In January 2022, InMode, an Israel-based provider of innovative medical technologies, launched EVOLVE and EVOLVE, two new non-invasive solutions. EVOLVE is the most advanced hands-free non-invasive thermal body & skin treatments and EVOLVE is an all-in-one hands-free facial reshaping equipment.

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Key Segments -
The liposuction surgery devices market covered in this report is segmented -
1) By Technology: Ultrasound-Assisted Liposuction (UAL), Twin Cannula-Assisted Liposuction (TCAL), Laser-Assisted Liposuction (LAL), Power-Assisted Liposuction (PAL), Suction-Assisted Liposuction (SAL), Tumescent Liposuction, RF-Assisted Liposuction (RFAL), Water-Assisted Liposuction (WAL), Aspirator Devices
2) By Type: Stand-Alone Liposuction Surgery Devices , Portable Liposuction Surgery Devices 
3) By Application: Hospitals, Ambulatory Surgical Centers, Cosmetic Surgical Centers

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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