Body Contouring Devices Market

Body Contouring Devices Market Overview:

The global body contouring devices market was valued at $933 million in 2017 and is projected to reach $3,446 million at a CAGR of 17.7% from 2018 to 2025. Body contouring is a set of esthetic procedures that alter the shape and size of the body. Body contouring devices are used to tighten lax skin or to remove the undesired fat from various parts of the body, such as waist, abdomen, upper torso, and others. These devices work on different mechanisms such as radiofrequency, cryolipolysis, high-intensity focused ultrasound (HIFU), and others.

Market Dynamics

The major factor driving the growth of the global body countering devices market includes rise in obesity among people worldwide. In addition, surge in esthetic consciousness across the globe and advancements in the field of body contouring are expected to fuel the growth of the market. However, high cost associated with the procedures is anticipated to hinder the growth of the global market. Conversely, rise in medical tourism, surge in adoption of body contouring, and high market potential in untapped emerging economies are anticipated to provide lucrative opportunities for the growth of the market during the forecast period.

Market Segmentation

The global body contouring devices market is segmented into product, application, end user, and region. Based on product, the market is divided into non-invasive devices, minimally invasive devices, and invasive devices. The non-invasive devices segment is further categorized into radiofrequency devices, high-intensity focused ultrasound (HIFU) lipoplasty devices, and cryolipolytic devices. The minimally invasive devices segment is further divided into laser-assisted lipolysis devices, radio frequency assisted liposuction devices, and others. The invasive devices segment is further categorized into ultrasonic assisted liposuction (UAL) devices. The non-invasive devices accounted for the largest market share in 2017 and is expected to register the highest growth rate during the forecast period.

Based on application, the market is categorized into fat reduction and skin tightening. The skin tightening segment accounted for the largest market share in 2017 and is expected to register the highest growth rate during the forecast period.

Depending on end user, the market is classified into hospital and clinic, medical spa, and clinical research laboratory. The hospital and clinic held the largest share of the market in 2017, whereas the medical spa segment is expected to register the highest growth rate during the forecast period.

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.

The key players profiled in the report include 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).

The other players (these players are not profiled in the report and the same can be included on request) in the value chain include Almirall, S.A.; Merz Pharma GmbH & Co. KGaA; and Pollogen Ltd.

Key Benefits for Body Contouring Devices Market:

• The study presents an in-depth analysis of the global body contouring devices market along with the current trends and future estimations during the period 2017–2025 to elucidate the imminent investment pockets.
• A comprehensive analysis of the factors that drive and restrict the market growth is provided.
• Identification of factors instrumental in changing the market scenario, rise in opportunities, and identification of key companies that can influence this market on a global & regional scale are provided.
• The key players are profiled, and their strategies are analyzed thoroughly to understand the competitive outlook of the market.

 Body Contouring Devices Market Report Highlights