Liposuction Surgery Devices Market Size, Share & Trends Analysis Report By Product Type (Portable, Standalone), By Technology (LAL, UAL, PAL, WAL), And Segment Forecasts, 2023 - 2030

Report Overview

The global liposuction surgery devices market size was valued at USD 1.2 billion in 2022 and is expected to expand at a CAGR of 13.1% from 2022 to 2030. The COVID-19 pandemic has had a considerable impact on the market. Restrictions on movement & stay-at-home orders are helping reduce the spread of COVID-19. However, this is creating an obstacle in the manufacturing of medical devices as the supply chain is disrupted due to restrictions on borders. Also, there is a shift of focus from the liposuction surgery device market to medical devices used during COVID-19 has resulted in unintended consequences that may potentially disrupt the liposuction surgery device market.

Growing beauty consciousness among a large population and increasing demand for liposuction procedures by both men and women are majorly driving the liposuction surgery devices market. In addition, the growing number of cosmetic surgeries across the globe is another driving factor for the market. Liposuction surgery is gaining popularity due to increasing promotions on social media, minimal health risks, and better results while reducing costs. Besides growing trends in non-invasive cosmetic procedures, many women prefer undergoing cosmetic surgery rather than changing their lifestyles.

With the need for immediate results instead of adopting a healthy lifestyle by following a healthy diet, and exercise, most people are preferring liposuction surgery due to better and faster results. Hence, the growing desire to improve one’s appearance is expected to propel the demand for liposuction surgery. Rising awareness among a large population for aesthetic appearance is another major driving factor for the market. The Research behind the ‘THISISME’ campaign by Allergan studied that, out of 2000 women, 20% of women desired to look approximately 5 years younger, and 41% desired to look fresher and radiant.

The growing trend among women for a natural look is increasing the demand for liposuction surgery, thereby driving the market. Furthermore, the increasing technological enhancements in the liposuction procedure are also propelling the liposuction surgery devices industry. A wide range of advancements has been incorporated into the traditional fat suctioning technique. They include power, laser, ultrasound, and radiofrequency (RF). Each technology has its own set of advantages and complications. Hence, increasing awareness of these advancements among surgeons is driving the liposuction surgery devices industry.

Product Type Insights

By product type, the market is categorized as portable and standalone liposuction surgery devices. The portable liposuction surgery devices segment is expected to grow at a faster rate of 13.5% during the forecast period and held the largest share of about 61% in 2022 as compared to standalone liposuction surgery devices owing to its easy usage. Besides, the reasonable rates and the rising technological advancements in portable devices are promoting segment growth.

The growing awareness of the benefits offered by these devices is expected to drive the demand, thereby driving the market growth. Portable liposuction surgery accessories are convenient to use. They are well organized and can be easily plugged in and operated on during surgeries. Owing to the integration of multiple modalities in a compact system, these devices are predicted to gain significant popularity among surgeons across the globe, thereby propelling their demand.

Technology Insights

Laser-assisted liposuction (LAL) segment dominated the market with a 22% market share in 2022 and is expected to continue over the forecast period owing to the increased adoption due to its benefits such as a quick and effective way of removing body fat. In addition, laser-assisted liposuction does not require a hospital stay for the patient and can return to normal life in a few days. Improved efficacy and safety features of laser-assisted liposuction in comparison to the traditional liposuction method are other driving factors of the segment.

However, the ultrasound-assisted liposuction (UAL) segment is expected to grow at a CAGR of 12.8% over the forecast period. The main driver of this market is the integration of ultrasound technology in modern lasers which is responsible for the segment growth. Moreover, better aesthetic results and skin retraction, reduced fatigue, less blood loss, and less recovery time are a few other benefits offered by laser-assisted technology.

Regional Insights

North America dominated the market with 36.14% of the share in 2022 owing to the increased adoption of modern technologies and the presence of numerous industry players. The rising obesity problems in the region that ultimately increase the demand for fat loss solutions are expected to drive the demand for liposuction surgery. Growing awareness of obesity and related health conditions among the large population in the region is also propelling the demand for targeted surgery, thereby driving the market.

The Asia Pacific is predicted to grow at a faster rate of 14.5% over the forecast period, owing to increased awareness among people of the benefits of liposuction, it has also increased disposable income, and rising demand for targeted surgery by the fashion and film industry. Also, medical tourism and the growing healthcare industry in the region are propelling the growth of the liposuction surgery devices industry.

Key Companies & Market Share Insights

Some of the players in the market include Cynosure Inc., Sciton Inc., Wells Johnson Co, Invasix Ltd, and Zeltiq aesthetics Inc. These players are focusing on adopting various strategies, such as innovations in the existing technologies, research and development, and increasing awareness for the surgery in untapped regions across the globe. For instance, In July 2020, Solta Medical released the Thermage FLX system, an RF device designed to tighten the skin.

It also features a vibrating handpiece and a larger treatment tip that can shorten treatment time by 25%. Similarly, In October 2020, InMode Ltd. announced the launch of Morpheus8 Body Multi-pulse Burst Radiofrequency Vulcanization Technology. This system was expected to assist in forming crosslinks between long collagen fiber molecules and strengthen the overall skin-adipose scaffold. Some prominent players in the liposuction surgery devices market include:

• Alma Lasers

• Solta Medical

• InMode

• Apyx Medical Corporation

• Genesis Biosystems, Inc.

• Cynosure Inc.

• MicroAire Surgical Instruments, LLC

Liposuction Surgery Devices Market Report Scope

Global Liposuction Surgery Devices Market Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global liposuction surgery devices market report based on product type, technology, and regions:

• Product Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Stand-alone liposuction surgery devices 

  • Portable liposuction surgery devices 

• Technology Outlook (Revenue, USD Million, 2018 - 2030)

  • Tumescent liposuction

  • Ultrasound-assisted liposuction (UAL)

  • Laser-assisted liposuction (LAL)

  • Power-assisted liposuction (PAL)

  • BodyJet or Water Assisted Liposuction (WAL)

  • Jplasma

  • Others

    • Suction-Assisted Liposuction

    • Twin Cannula-Assisted Liposuction

    • RF-Assisted Liposuction

• Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America

    • U.S.

    • Canada

  • Europe

    • U.K.

    • Germany

    • France

    • Spain

    • Italy

  • Asia Pacific

    • India

    • Japan

    • China

    • Australia

    • South Korea

  • Latin America

    • Brazil

    • Mexico

    • Argentina

  • Middle East & Africa

    • South Africa

    • Saudi Arabia

    • UAE