Market Analysis
The
global body
contouring market research share is predicted to grow at a 14.0% CAGR
over the forecast period (2023-2032), as per the latest Market Research Future
(MRFR) report. Body contouring, which is also known as body sculpting, is a
surgical procedure which improves the appearance of tissue and skin after a
considerable weight loss. This procedure can include liposuction, breast lift,
tummy tuck, or body lift. An average body contouring session will last about an
hour but has no downtime. It has gained immense popularity as people are looking
for safer, cost-effective, and less painful alternatives for getting the
desired body shape.
Body
contouring can be done both surgically and non-surgically, and both are gaining
ample recognition. Although this procedure can address any part of the body but
some of the most common areas which people seek to improve include calves,
thighs, waistline and back, abdomen, breasts, upper arms, and face and neck.
Various
factors are propelling in the body contouring market. These factors, as stated
by the MRFR report, include increasing obese population, lack of exercise,
diseases such as diabetes and cardiovascular ailments, adoption of fast food,
and rising awareness and accessibility of cosmetic surgeries. Additional
factors boosting market growth include advancements in technology, rising
disposable income, demand for improved fat reduction procedures, presence of
sophisticated infrastructure, expanding medical tourism industry, and growing
urbanization. Besides, the different benefits that body contouring offers such
as faster recovery time, minimal invasion, accurate fat measurement and
removal, less trauma, and targeted internal delivery are also boosting the
market growth.
On
the contrary, the high cost of therapy may hinder the body
contouring market trends growth over the forecast period.
Key Players
the
body contouring market players report include Wells Johnson Company (US),
Erchonia (US), Invasix Aesthetic Solutions (US), InMode (US), Human Med
(Germany), Chromogenex (UK), GlobalMed Technologies (US), Fotona (Slovenia),
Cutera (US), BTL Industries (US), Andrew Technologies (Canada), Asclepion Laser
Technologies (Germany), Valeant (Canada), Palomar Medical Technologies
(US), Lumenis (Israel), Syneron Medical (Israel), Cynosure (US), Meridian
(Michigan), and Alma Lasers (Israel).
July
2019: A new body-contouring device, CoolTone has received FDA clearance to firm
up muscles in the thigs, butt, and the abs.
Market Segmentation
The
Market Research Future report provides a wide segmental analysis of the body
contouring market based on type.
Based
on type, the body contouring marke is segmented into non-invasive and minimally
invasive devices. The non-invasive devices segment is again segmented into high
intensity focused ultrasound lipoplasty devices and radio frequency lipoplasty
devices. The minimally invasive devices segment is again segmented into radio
frequency assisted liposuction devices and laser-assisted lipolysis devices. Of
these, the non-invasive segment will have the largest share in the market over
the forecast period. This is owing to heavy investments being made by leading
companies for developing advanced equipment and technologies. Moreover, its
alluring features such as cost-effectiveness, short downtimes, and enhanced
safety are also boosting the market growth.
Regional Analysis
Based
on the region, the body contouring market report covers growth opportunities
and the latest trends across the Asia Pacific (APAC), Europe, North America,
and the Middle East and Africa (MEA). Of these, North America will spearhead
the market over the forecast period. This is owing to 55% of the population in
this region is suffering from obesity. Besides, governmental support for
R&D activities for various surgery and devices and rising healthcare
expenditure are also pushing market growth.
The
body contouring market in Europe is predicted to have the second-largest share
in the market over the forecast period.
The
body contouring market in the APAC region is predicted to grow at the fastest
pace over the forecast period. This is owing to increasing consumer disposable
income, the presence of a huge target population, and the introduction of
advanced products. Moreover, the growing demand for better devices and
treatment and the rising prevalence of obesity and diabetes are pushing market
growth. India, South Korea, Japan, and China are the key contributors in this
region.
The
body contouring market in the Middle East and Africa is predicted to have
steady growth over the forecast period.
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