Body Contouring Market Research Report Information by Devices (Non-Invasive Devices (Radio Frequency Lipoplasty Devices and High Intensity Focused Ultrasound Lipoplasty Devices), Minimally Invasive Devices (Laser Assisted Lipolysis Devices and Radio Frequency Assisted Liposuction Devices) , Invasive Devices (Ultrasound Assisted Liposuction and Other), by End User (Clinical Research Organizations, Hospitals, and Medical Spas), by Region (North America, Europe, Asia-Pacific, and Rest of the World) – Forecast till 2032
The body contouring market is expected to reach USD 1.54 billion at a 14.0% CAGR during the forecast period, 2023-2032. The market is driven by the increasing demand for cosmetic procedures, the rising prevalence of obesity and overweight, and the growing awareness about body contouring procedures.
Body contouring is a cosmetic procedure that is used to improve the shape and appearance of the body. It can be used to remove unwanted fat, tighten loose skin, and sculpt the body. Body contouring procedures can be performed using a variety of methods, including liposuction, laser lipolysis, and radiofrequency.
Competitive Analysis
Some of the major key players of body contouring market research report are Alma Lasers (Israel), Cynosure (US), Meridian (Michigan), Syneron Medical (Israel), Palomar Medical Technologies (US), Valeant (Canada), Lumenis (Israel), GlobalMed Technologies (US), Asclepion Laser Technologies (Germany), Andrew Technologies (Canada)
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Market Segmentation
The global body contouring devices and procedures market has been segmented into type, procedure, and end user.
By type, the market has been segmented into non-invasive & minimally invasive devices and invasive devices. The non-invasive & minimally invasive devices segment is estimated to hold major market share in the global body contouring devices and procedures market due to the huge investments by major market players for the development of advanced technologies and equipment.
By procedure, the market has been segmented into non-surgical skin resurfacing, non-surgical skin tightening, cellulite treatment, liposuction, and others.
By end user, has been segmented into hospitals & clinics, research institutes & Organization, and others.
Regional Analysis
North America is the largest market for body contouring, accounting for over 35% of the global market share. This is due to the high awareness about body contouring procedures, the presence of a large number of qualified surgeons and clinics, and the high disposable income of the population. The United States is the largest market in North America, followed by Canada and Mexico.
Europe is the second largest market for body contouring, accounting for over 25% of the global market share. The European market is driven by the increasing demand for cosmetic procedures, the rising prevalence of obesity and overweight, and the growing awareness about body contouring procedures. Germany, France, and the United Kingdom are the largest markets in Europe.
Asia Pacific is the fastest growing market for body contouring, with a CAGR of over 10% during the forecast period. The growth of the Asia Pacific market is attributed to the rising disposable income of people, the increasing awareness about body contouring procedures, and the growing popularity of minimally invasive procedures. China, India, and Japan are the largest markets in Asia Pacific.
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Latin America is the fourth largest market for body contouring, accounting for over 10% of the global market share. The Latin American market is driven by the increasing disposable income of people, the rising prevalence of obesity and overweight, and the growing popularity of cosmetic procedures. Brazil, Mexico, and Argentina are the largest markets in Latin America.
Middle East & Africa is the smallest market for body contouring, accounting for less than 5% of the global market share. However, the Middle East & Africa market is expected to grow at a significant rate during the forecast period, driven by the increasing disposable income of people, the rising prevalence of obesity and overweight, and the growing popularity of cosmetic procedures. Saudi Arabia, Egypt, and South Africa are the largest markets in Middle East & Africa.
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