The global body contouring devices and procedures market sizes were respectively valued at USD 1.6 billion and USD 5.2 billion in 2017, registering a respective CAGR of 13.8% and 7.7% over the forecast period. Rising cases of obesity across the globe due to unhealthy lifestyle are anticipated to drive the global market.
Improved safety and efficacy of these techniques resulting in increased life expectancy are also expected to boost their demand. Initiatives, such as M&A and partnerships, undertaken by major companies for product research and distribution are expected drive the market further in the coming years.
Development of easy-to-use, cost-effective, and less painful devices is the major target for companies in this field. For instance, in April 2017, Allergan acquired ZELTIQ Aesthetic, Inc., which offers cooling fat reduction therapy. With this acquisition, Allergan added CoolSculpting system in their portfolio.
Entry of new products in developing region is likely to propel the market growth during the forecast period. For instance, in April 2018, Alma Lasers launched hands free body contouring solution, Accentuate, during Aesthetic & Anti-aging Medicine World Congress (AMWC) in Monaco.
Based on type of device, the market has been segmented into noninvasive and minimally invasive devices and invasive devices. The noninvasive and minimally invasive segment accounted for the largest market share in 2017 and is expected to maintain its dominance during the forecast period. This can be attributed to heavy investments by key companies for the development of advanced technologies and equipment. Enhanced safety, short downtimes, and cost-effectiveness of these devices is also augmenting the segment growth.
In December 2017, the CoolSculpting system received FDA approval. This system helps enhance the appearance of lax tissue in double chins. Broadening applications of the existing products are also expected to drive the market in coming years. Invasive body shaping is one of the most popular procedures in U.S. due to large target population base. However, the segment is expected to witness slower growth due to the advent of technologically advanced and noninvasive equipment.
Based on body contouring procedures, the market can be segmented into nonsurgical skin resurfacing, nonsurgical skin tightening, cellulite treatment, liposuction, and others. Other segment is expected to witness the highest growth during the forecast period as these are nonsurgical, do not require anesthesia, and take lesser time than other procedures.
Furthermore, availability of treatment in most clinics and hospitals and investments by major companies to introduce advanced treatments are likely to boost the market growth. These segment include Coolsculpting, liposonix, Vaser shape, laser assisted procedures. Noninvasive skin resurfacing held the largest market share in 2017 due to high demand from geriatric population.
The clinics and spa centers segment accounted for the largest market share in 2017 and is expected to maintain dominance during the forecast period. This can be attributed to the availability of technologically advanced devices and reduced risks of hospital-acquired infections.
The segment is expected to witness lucrative growth in the coming years due to increasing number of clinics and dedicated cosmetic procedure centers. Rise in demand for noninvasive procedures, which can be done at clinics and spa centers, is another factor driving the segment.
The global body contouring devices and procedures market is expected to register strong growth over the coming years. North America led the market in 2017 and accounted for around 36.00% of the global share. This can be attributed to the factors, such as quick adoption of technologically advanced products, high domestic income, and presence of major companies in the region. For instance, in January 2016, Merz launched Cellfina in U.S., an innovative system to treat cellulite.
Asia Pacific is expected to be the fastest-growing regional market during the forecast period on account of the introduction of advanced products, presence of large target population, and rising consumer disposable income levels. In 2016, Alma Lasers introduced FDA-approved aesthetic dermatology solutions in Nepal during SAARC AAD conference. The products of the company are marketed by Central Surgical Concern Pvt. Ltd., Kathmandu.
China, Japan, South Korea, and India are the major markets in the Asia Pacific region for body contouring. Latin America and MEA regions are expected to witness steady growth over the estimated period. Various strategies undertaken by key companies will boost the market growth in MEA. For instance, in February 2018, Lumenis launched a new website for EMEA aesthetic division. The website provides a complete view of the company’s aesthetic division and all that company offers within EMEA region.
Some of the major companies in the global market are Cynosure, Inc.; Alma Lasers Ltd.; Allergan PLC; Syneron Medical Ltd.; Bausch Health Companies, Inc.; and Lumenis Ltd. M&A and partnerships are the key market strategies undertaken by most of these organizations to strengthen their global presence.
For instance, in March 2017, Hologic, Inc. acquired Cynosure, Inc. Furthermore, in September 2018, Candela Corporation acquired Ellipse, a Danish medical device company. An acquisition allowed Candela to strengthen footprint in Intense Pulsed Light (IPL) and laser-based technology areas.
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Attribute |
Details |
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Base year for estimation |
2017 |
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Actual estimates/Historical data |
2014 - 2016 |
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Forecast period |
2018 - 2025 |
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Market representation |
Revenue in USD Million and CAGR from 2017 to 2025 |
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Regional scope |
North America, Europe, Asia Pacific, Latin America, and Middle East and Africa |
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Country scope |
U.S., Canada, Germany, Spain, Italy, France, U.K., Japan, China, India, Brazil, Mexico, and South Africa |
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Report coverage |
Revenue forecast, competitive landscape, growth factors and trends |
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15% free customization scope (equivalent to 5 analyst working days) |
If you need specific information, which is not currently within the scope of the report, we will provide it to you as a part of customization |
This report forecasts revenue and volume growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the global body contouring devices and procedures market report on the basis of type, end use, and region:
Body Contouring Devices Type Outlook (Revenue, USD Million, 2014 - 2025)
Noninvasive & Minimally Invasive
Invasive
Body Contouring Procedures Type Outlook (Revenue, USD Million, 2014 - 2025)
Nonsurgical Skin Resurfacing
Nonsurgical Skin Tightening
Cellulite Treatment
Liposuction
Others
Body Contouring Procedures End-use Outlook (Revenue, USD Million, 2014 - 2025)
Hospitals
Clinics and Spa Centers
Body Contouring Devices Regional Outlook (Revenue, USD Million, 2014 - 2025)
North America
U.S.
Canada
Europe
Germany
Spain
Italy
France
U.K.
Asia Pacific
Japan
China
India
Latin America
Brazil
Mexico
Middle East & Africa
South Africa
Body Contouring Procedures Regional Outlook (Revenue, USD Million, 2014 - 2025)
U.S.
Germany
Spain
Italy
France
U.K.
Japan
China
India
Brazil
Mexico
South Africa
b. The global body contouring devices and procedures market size was estimated at USD 2.0 billion and USD 5.9 billion respectively in 2019 and is expected to reach 2.3 billion and 6.3 billion respectively in 2020.
b. The global body contouring devices and procedures market are expected to grow at a compound annual growth rate of 13.8% and 7.7% from 2018 to 2025 to reach USD 4.5 billion and USD 9.3 billion respectively by 2025.
b. North America dominated the global body contouring and procedures market market with a share of 36.45% in 2019. This is attributable to quick adoption of technologically advanced products, high domestic income, and presence of major companies in the region
b. Some key players operating in the global body contouring and procedures market include Cynosure, Inc.; Alma Lasers Ltd.; Allergan PLC; Syneron Medical Ltd.; Bausch Health Companies, Inc.; and Lumenis Ltd.
b. Key factors that are driving the market growth include rising cases of obesity, improved safety and efficacy of these techniques M&A and partnership initiatives by major companies and high rising research and development.
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