The body contouring devices global market report 2024from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Body Contouring Devices Market, 2024The body contouring devices global market report 2024
Market Size – The body contouring devices market size has grown rapidly in recent years. It will grow from $1.72 billion in 2023 to $1.96 billion in 2024 at a compound annual growth rate (CAGR) of 13.8%. The growth in the historic period can be attributed to increased awareness, rising disposable incomes, expansion of medical aesthetic clinics, demand for minimally invasive procedures, cosmetic industry growth, and improved patient outcomes.
The body contouring devices market size is expected to see rapid growth in the next few years. It will grow to $3.30 billion in 2028 at a compound annual growth rate (CAGR) of 13.9%. The growth in the forecast period can be attributed to rising obesity rates, innovation in device technology, a growing aging population, integration with other aesthetic treatments, expanding geographic reach, increased focus on body image, and enhanced clinical evidence. Major trends in the forecast period include advancements in non-invasive technologies, personalization, and customization, integration of artificial intelligence, rise of combination treatments, increased use of wearable technology, expansion of at-home devices, focus on safety, and minimal downtime.
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Scope Of Body Contouring Devices MarketThe Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Body Contouring Devices Market Overview
Market Drivers -The rise in obesity among individuals worldwide is projected to propel the growth of the body contouring devices market in the years to come. Obesity is a medical condition characterized by an excessive accumulation of body fat that adversely affects overall health. The increasing incidence of obesity is attributed to factors such as sedentary lifestyles, unhealthy dietary habits, genetic predispositions, and environmental influences promoting calorie-dense diets and physical inactivity. Body contouring devices offer non-surgical solutions for targeting excess fat and reshaping the body, providing individuals with a means to enhance their appearance and manage obesity effects while supporting lifestyle changes and overall health objectives. For instance, in May 2023, a report from the Office for Health Improvement and Disparities, a UK government department, indicated that between 2021 and 2022, approximately 63.8% of adults aged 18 and over in England were classified as overweight or living with obesity, reflecting a slight increase from 63.3% in the preceding year. Therefore, the increasing prevalence of obesity is driving the growth of the body contouring devices market.
Market Trends – Major companies operating in the body contouring devices market are focusing on developing advanced technologies, such as laser energy and muscle stimulation, to enhance the effectiveness of fat reduction and muscle toning treatments. Laser energy involves using focused light to target and break down fat cells, leading to fat reduction. Muscle stimulation utilizes electrical impulses to induce muscle contractions, enhancing muscle tone and strength. For instance, in April 2024, Cartessa Aesthetics LLC, a US-based aesthetic medical device company, launched PHYSIQ 360, a cutting-edge, non-invasive body contouring treatment designed to offer a comprehensive solution for fat reduction and muscle stimulation. This advanced device uses two key technologies laser energy (LZR) and electrical muscle stimulation (EMS), delivered through the proprietary sequential thermal and electrical pulse (STEP) technology. The laser energy incorporates pure beam technology for precise fat reduction, while the EMS electrodes provide powerful muscle contractions.
The body contouring devices market covered in this report is segmented –
1) By Type: Non-invasive Devices, Minimally Invasive Devices, Invasive Devices
2) By Applications: Nonsurgical Skin Resurfacing, Cellulite Treatment, Nonsurgical Skin Tightening, Liposuction, Other Applications
3) By End Users: Hospitals, Clinics, Other End-Users
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Regional Insights – North America was the largest region in the body contouring devices market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the body contouring devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies – Major companies in the market are AEON Technologies Inc., AbbVie Inc., Cynosure Inc., Hologic Inc., Galderma S.A., BTL Industries Ltd, InMode Ltd, Lumenis Ltd, Zeltiq Aesthetics Inc, Cutera Inc., Lutronic Corporation, Medytox Inc., Venus Concept Inc., Candela Corporation, Sientra Inc., Solta Medical Inc., Sinclair Pharma plc, Sciton Inc., Fotona d.d., Miramar Labs Inc., Elitone Inc., Cavitation Technologies Inc., BioElectronics Corporation, Nouvag AG
Table of Contents 1. Executive Summary2. Body Contouring Devices Market Report Structure3. Body Contouring Devices Market Trends And Strategies4. Body Contouring Devices Market – Macro Economic Scenario5. Body Contouring Devices Market Size And Growth…..27. Body Contouring Devices Market Competitor Landscape And Company Profiles28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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