Market Analysis
The global body contouring market
size is predicted to grow at a 14.0% CAGR over the forecast
period (2023-2032), as per the latest Market Research Future (MRFR) report.
The Body Contouring Market has experienced significant growth in
recent years, driven by the rising demand for body contouring treatments. These
treatments, which encompass various procedures aimed at reshaping and toning
the body, have gained popularity among individuals seeking to achieve their
desired aesthetic goals. With advancements in technology and a growing emphasis
on wellness and self-care, the market for body contouring treatments has
expanded rapidly, catering to a diverse range of consumers.
Body contouring
treatments encompass a wide array of procedures,
including liposuction, abdominoplasty, and non-invasive techniques such as
cryolipolysis and laser therapy. These procedures are designed to address
stubborn fat deposits, loose skin, and other concerns that may affect body
proportions and silhouette. As more individuals seek solutions to enhance their
physical appearance and boost their confidence, the demand for body contouring
treatments continues to rise. Moreover, technological innovations in the field
have led to the development of safer, more effective procedures with reduced
downtime, attracting a broader demographic of consumers. Overall, the Body
Contouring Market is poised for continued growth as advancements in technology
and increasing consumer awareness drive demand for these transformative
treatments.
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 market 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.
Key Players
Leading body contouring
companies 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).
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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