The body contouring market is anticipated to grow at a CAGR of 6.9% from 2022 to 2032, rising from US$ 7.3 billion in 2022 to US$ 11.1 billion in valuation by 2032.
The growing number of obesity cases in developed economies and around the world as a result of poor lifestyle choices is expected to drive the global body contouring market. The demand for body contouring treatments is expected to rise as a result of the increased safety and efficacy of these techniques, which improve the receiver’s life expectancy and overall health.
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Because of high population growth, obesity prevalence, high demand for aesthetic surgery, and high consumption of junk food, North America and Europe are the top two markets for body contouring devices. According to the American Society of Plastic Surgeons’ 2018 report, there were 56,018 body contouring procedures performed in the United States following massive weight loss. The same report covers 258,558 liposuction procedures performed in the United States, indicating a trend that may have a positive impact on market growth in this region.
Top Market Players:
Key players operating in the body contouring market are –
- GlobalMed Technologies
- Chromogenex, Human Med.
- Wells Johnson Company
- Invasix Aesthetic Solutions
- Erchonia
- Fotona
- Cutera
- BTL Industries
- Meridian
- Palomar Medical Technologies
- Others
Key Market Segmentation Covered in the Study:
By Invasiveness:
- Non-Invasive Contouring
- Minimally Invasive Contouring
- Invasive Contouring
By End-user:
- Hospitals
- Ambulatory surgical centers
- Medical Spa
- Clinics
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By Regions:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Europe (Germany, Italy, France, U.K, Spain, , Russia)
- East Asia (China, Japan, South Korea)
- South Asia (India, ASEAN)
- Oceania (Australia, New Zealand)
- Middle East and Africa (GCC Countries, South Africa, Northern Africa)
Important changes in Market Dynamics:
The report has been created after detailed and exhaustive studies by the analysts at FMI taking several factors into consideration like monetary, ecological, social, mechanical, and political status of a particular demography. They study the key data to assess the revenue and production of manufacturers across various regions. The report also covers an in-depth analysis of the key changes in market dynamics in the recent past and the near future.
Segmentation details of the market
- Former, on-going, and projected market analysis in terms of volume and value
- Assessment of niche industry developments
- Market share analysis
- Key strategies of major players
- Emerging segments and regional markets
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