As per recent projections, the global body contouring market is poised to expand substantially, with a compound annual growth rate (CAGR) of 6.9% anticipated between 2022 and 2032. Starting from US$ 7.3 billion in 2022, the market is expected to reach US$ 11.1 billion by 2032.
This remarkable growth is primarily attributed to the rising prevalence of obesity cases globally, particularly in developed economies, fueled by poor lifestyle choices. Consequently, there is an escalating demand for body contouring treatments, driven by the perceived safety and efficacy associated with these procedures, which not only enhance physical appearance but also contribute to improved overall health and increased life expectancy.
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Undoubtedly, the body contouring market faced significant challenges during the Covid-19 pandemic, with medical facilities and healthcare systems primarily focused on combating the virus. However, recent data from The International Society of Aesthetic Plastic Surgery indicates a notable resurgence in the desire for cosmetic procedures, including body contouring, surpassing pre-pandemic levels by the end of 2021.
FMI, a leading player in the field of Body Contouring Market, is poised to capitalize on this burgeoning market trend. With our commitment to innovation, safety, and patient satisfaction, we are well-positioned to meet the evolving needs of consumers seeking transformative body contouring solutions.
“We are excited about the immense growth potential of the body contouring market,” said FMI. “Our cutting-edge technologies and personalized approach enable us to deliver exceptional results while prioritizing patient safety and well-being.”
As the global body contouring market continues to expand, FMI remains dedicated to driving innovation and excellence in the field, empowering individuals to achieve their aesthetic goals safely and effectively.
The body contouring market is expected to experience significant growth in the upcoming years due to various factors:
- Technological Advancements: Continuous advancements in body contouring technologies such as ultrasound cavitation, infrared technology, radiofrequency therapy, mesotherapy, laser lipolysis, dynamic pulse control (DPC), and intense pulse light (IPL) techniques are expected to drive market growth. These advancements lead to more effective and safer procedures, which in turn increase consumer acceptance and demand.
- Non-surgical Treatments: Non-surgical skin tightening treatments, which contributed significantly to the market revenue in 2021, are expected to witness rapid expansion. This segment is likely to continue growing due to innovations in methods and devices, as well as the minimization of side effects, making these treatments more accessible and appealing to a broader demographic.
- Regulatory Approvals: Regulatory approvals, such as Health Canada’s certification of Evolve Tone, contribute to market growth by expanding the availability of advanced body contouring technologies to new regions. Approvals and certifications validate the safety and efficacy of these treatments, increasing consumer trust and adoption.
- Market Consolidation: Initiatives such as mergers and acquisitions (M&A) among key firms for product distribution and research play a crucial role in market expansion. These activities facilitate the pooling of resources, expertise, and technologies, leading to the development of innovative solutions and broader market reach.
- Rising Disposable Incomes: Increasing disposable incomes enable more individuals to afford body contouring procedures, driving market demand. As people become more conscious about their appearance and seek effective solutions, they are willing to invest in cosmetic treatments like body contouring.
- Medical Tourism: Support from national governments to promote the medical tourism sector further accelerates market expansion. Countries offering advanced and affordable body contouring treatments attract international patients, contributing to the growth of the market globally.
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Overall, with ongoing technological advancements, regulatory approvals, and favorable economic conditions, the body contouring market is poised for significant growth in the coming years. These factors, coupled with increasing consumer awareness and acceptance of cosmetic procedures, create a favorable environment for market expansion.Top of Form
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
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.
Key Segments Profiled in the Body Contouring Market:
By Invasiveness:
- Non-Invasive Contouring
- Minimally Invasive Contouring
- Invasive Contouring
By End-User:
- Hospitals
- Ambulatory surgical centre’s
- Medical Spa
- Clinics
By Region:
- North America
- Latin America
- Asia Pacific
- Europe
- Middle East and Africa
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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