Body Contouring Devices and Procedures Market Overview
Body contouring refers to the alteration of different body parts to improve its appearance. It also includes the procedure of removing excess body fat. Market Research Future (MRFR) recently researched the global body contouring devices and procedures market for the forecast period of 2018-2023. As per this analysis, the global body contouring devices and procedures market is anticipated to ascend at a 6.6% CAGR during the forecast period.
The body contouring devices and procedures market is driven by various factors, including the rising prevalence of obesity within the population and technological advances in these procedures. Further, improved surgical treatment with elevated success rates is also expected to push growth in the global body contouring devices and procedures market. However, a high cost of surgery may pose as a major hindrance in the upscaling of the body contouring devices and procedures market during the review period.
Body Contouring Devices and Procedures Market Segmentation
The report on body contouring devices and procedures market includes a detailed study based on different types, procedures, and the end-users of the body contouring devices and procedures. Different procedures studied in the report include non-surgical skin resurfacing, cellulite treatment, non-surgical skin tightening, and liposuction. The different types of body contouring devices and procedures include non-invasive & minimally invasive devices and invasive devices. Growing preference for painless surgeries has led to the greatest demand for non-invasive and minimally invasive procedures. This can also be attributed to the investments by market giants for the faster development of advanced technologies and equipment. End-users of body contouring devices and procedures include research institutes & organizations and hospitals & clinics.
Body Contouring Devices and Procedures Market Regional Analysis
The body contouring devices and procedures market is studied for the regions of the Americas, Asia Pacific, Europe, and the Middle East & Africa. The Americas is further sub-segmented into North America and South America. Among all regions, the Americas are expected to spearhead the global body contouring devices and procedures market during the assessment period. This can be owed to the growing research and development budgets by commercial, pharmaceutical, and biotechnological companies, as well as the government. Further increasing adoption of advanced technologies is contributing to the fast-paced acceleration of the body contouring devices and procedures market in the Americas.
Europe is assessed to trail behind the Americas and fetch the second-largest share in the body contouring devices and procedures market. This can be accredited to the presence of a strong academic and research base in the region. Further, the availability of funding for such research in European countries is expected to fuel the body contouring devices and procedures market growth in the forthcoming years.
Asia Pacific is a potential growth pocket for body contouring devices and procedures in the foreseeable future. This is credible to the increasing demand for better treatment options and devices for body contouring. Moreover, increasing prevalence of diseases such as obesity and diabetes are promoting growth in the body contouring devices and procedures market residing in the APAC region.
The Middle East & Africa is estimated to hold the smallest share in the global body contouring devices and procedures market. The Middle East is expected to hold a larger share in the regional body contouring devices and procedures market due to the supportive government initiatives for the development of the healthcare sector in the region.
Body Contouring Devices and Procedures Market Key Players
Some of the noteworthy players in the body contouring devices and procedures market, worldwide, include Cynosure, Inc., Allergan, Alma Lasers, Syneron Medical Ltd, Lumenis, Bausch Health Companies, Inc, Merz Pharma GmbH & Co., Sound Surgical Technologies LLC., Palomar Medical Technologies Inc., Zeltiq Aesthetics, UltraShape Ltd, Chromogenex Technologies LTD, Fotona, Medicis Pharmaceutical Corporation, Misonix Inc., Sientra Inc., Erchonia Inc, Invasix Ltd, and Lutronic.
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Body Contouring Devices and Procedures Industry Update
July 2019: CoolTone, a body contouring device by Allergan recently gained clearance by the Food and Drug Administration. CoolTone helps to strengthen and tone muscles via magnetic muscle stimulation (MMS), which boosts electromagnetic energy into the muscles to cause involuntary contractions. This enhances the muscle fibers underneath the target area of treatment and results in stronger and toned devices.