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Brachioplasty Market Size, Development Analysis, Key Trends, Growth Rate And Future Forecast (2024-2033)
Brachioplasty Market Size
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According to The Business Research Company's, The brachioplasty market size has grown strongly in recent years. It will grow from $1.28 billion in 2023 to $1.39 billion in 2024 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to the increasing prevalence of obesity-related conditions, rising demand for cosmetic procedures, technological advancements in surgical techniques, growing awareness and acceptance of aesthetic surgeries, improvements in healthcare infrastructure, the expansion of disposable incomes, and the and the aging population driving demand for anti-aging treatments.
The brachioplasty market size is expected to see strong growth in the next few years. It will grow to $1.93 billion in 2028 at a compound annual growth rate (CAGR) of 8.6%. The growth in the forecast period can be attributed to the expansion of medical tourism in cosmetic surgery, the integration of robotics and AI in surgical procedures, regulatory approvals for new surgical devices, the shift towards outpatient and ambulatory surgical centers, and increasing investments in R&D for novel treatment options. Major trends in the forecast period include the adoption of 3D printing for personalized implants, the rise in demand for non-invasive and scarless procedures, telemedicine and virtual consultations for pre-surgical planning, the growth of wearable technology for post-operative care monitoring, a focus on sustainability and eco-friendly surgical practices, and the integration of augmented reality for surgical simulations.
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Market Drivers and Trends:
The increasing prevalence of obesity is expected to propel the growth of the brachioplasty market going forward. Obesity refers to a medical condition characterized by an excess accumulation of body fat that poses health risks. The modern environment promotes an energy imbalance with abundant high-calorie, low-nutrient foods, and sedentary lifestyles. Urbanization, increased access to fast food, and limited opportunities for physical activity contribute to obesity imbalance. Brachioplasty procedures address excess skin on the arms, often necessitated by weight loss or aging, offering patients improved aesthetic outcomes while surgeons prioritize safety and recovery. For instance, in May 2023, according to a report published by the Office for Health Improvement and Disparities, a UK-based governmental body, in the period from 2021 to 2022, 63.8% of adults aged 18 years and older in England were estimated to be overweight or living with obesity, marking a slight increase from 63.3% in the previous year. Therefore, an increasing prevalence of obesity is driving the brachioplasty market.
Major companies operating in the brachioplasty market are focusing on safety protocols and advancements in minimally invasive techniques, such as aesthetic ultrasound technology, to enhance patient outcomes and minimize recovery times. The aesthetic ultrasound technology uses energy-based treatments to improve the appearance of skin laxity on the upper arms, offering a non-surgical alternative to traditional brachioplasty procedures. For instance, in December 2023, Sofwave Medical Ltd., an Israel-based aesthetic medical company, received Food and Drug Administration clearance for its SUPERB technology aimed at improving the appearance of skin laxity on the upper arms. Synchronous ultrasound parallel beam (SUPERB) technology is a non-invasive ultrasound technology that addresses concerns such as sagging or loose skin due to aging, weight loss, genetics, or other factors. The SUPERB platform utilizes energy-based technology to significantly improve skin appearance without conventional surgery or laser-based treatments' associated risks and recovery times.
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• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
Medtronic plc, B. Braun Melsungen AG, Stryker Corporation, Hologic Inc., Aesculap Inc., InMode Ltd., Lumenis Ltd., Sisram Medical Ltd., Cutera Inc., BTL Industries Ltd., Venus Concept Inc., Syneron Candela, Sientra Inc., Alma Lasers Ltd., Fotona d.o.o., Sciton Inc., Zimmer MedizinSysteme GmbH, Canfield Scientific Inc., Solta Medical Inc., Cadogan Clinic, Coco Ruby Plastic Surgery, UK Aesthetic Ltd., Nazarian Plastic Surgery, Ellipse Technologies Ltd.
Brachioplasty Market 2024 Key Insights:
• The brachioplasty market size is expected to see strong growth in the next few years. It will grow to $1.93 billion in 2028 at a compound annual growth rate (CAGR) of 8.6%.
• Impact Of Obesity On The Brachioplasty Market
• Advancements In Non-Invasive Aesthetic Ultrasound Technology For Brachioplasty Market
• North America was the largest region in the brachioplasty market in 2023
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