The global body contouring devices market size was valued at USD 2.8 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 14.6% from 2021 to 2028. Body contouring devices can be invasive and non-invasive or minimally invasive, which aims to reshape an area of the body. This can be done surgically via liposuction or through less invasive methods like cryo lipolysis, injection lipolysis, radiofrequency lipolysis, and laser lipolysis.
Rising cases of obesity across the globe due to unhealthy lifestyles are anticipated to drive the market for body contouring devices. Improved safety and efficacy of these techniques resulting in increased life expectancy are also expected to boost their demand. Initiatives, such as M&A, novel product launches and partnerships, undertaken by major companies for product research and distribution are expected to drive the market further in the coming years.
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According to the WHO, obesity is a global epidemic that has tripled since 1975, and currently, about 30% of the world’s population is obese. A sedentary lifestyle is a major underlying cause of obesity, disease, and disability. Levels of physical inactivity are virtually high in all developed and developing countries. Increased Urbanization has contributed immensely towards the increase in sedentary lifestyle which in turn escalated the prevalence of obesity globally.
Key Player Mentioned:
- Cynosure, Inc.
- Alma Lasers
- Allergan Plc
- MerzPharmaGmbh
- Candela Medical Ltd.
- Solta Medical Bausch Health Companies, Inc.
- Lutronic Corporation
- InMode Ltd.
- Fotona
In North America, the noninvasive and minimally invasive devices segment is expected to witness a CAGR of 14.4% from 2021 to 2028. Noninvasive fat reduction or nonsurgical fat reduction includes minimally invasive treatments that break down stubborn subcutaneous fat pockets beneath the skin. Major factors driving market growth include rising demand for body contouring treatment, as it is noninvasive and requires no downtime after completion of the procedure. SculpSure, developed by Cynosure, Inc., is a non-invasive body contouring laser device that targets and destroys around 24% of unwanted fat cells in 25 minutes.
Rising cases of obesity across the globe due to unhealthy lifestyles are anticipated to drive the market for body contouring devices. Improved safety and efficacy of these techniques resulting in increased life expectancy are also expected to boost their demand. Initiatives, such as M&A, novel product launches and partnerships, undertaken by major companies for product research and distribution are expected to drive the market further in the coming years.
Application Segment Analysis:
- Nonsurgical skin Resurfacing
- Nonsurgical skin tightening
- Cellulite treatment
- Liposuction
- Others
Regional Segment Analysis: North America, Europe, Asia Pacific, Latin America, and Mideast and Africa.
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The advent of the COVID-19 pandemic had affected the overall aesthetic and beauty market. All invasive and noninvasive esthetic procedures were severely affected amid the pandemic; this includes the body contouring market. According to Bloomberg, procedures such as non-invasive fat reduction, injection lipolysis, invasive liposuction soft tissue fillers, facelifts, eye lifts, eyelid surgeries, laser skin resurfacing, rhinoplasty, and tummy tucks decreased by 20% in the first half of 2020.
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