Body Contouring Devices Market, By Application (Fat Reduction, Skin Tightening), By Product (Non-invasive Devices [High-Intensity Focused Ultrasound (HIFU, Radiofrequency Devices) Cryolipolytic Devices, Lipoplasty Devices], Minimally Invasive Devices [Radio Frequency Assisted Liposuction Devices, Laser-Assisted Lipolysis Devices, Others], Invasive Devices [Ultrasonic Assisted Liposuction (UAL) Devices]), By End User (Hospital & Clinic, Medical Spa, Clinical Research Laboratory), By Regional Analysis – Market Size & Forecasting (2021-2030)

The Body Contouring Devices Market to grow from USD XX billion in 2021 to USD XX billion in 2030 at a CAGR of XX% over the forecast period from 2021-2030.

Body contouring is a suite of feel-good procedures that transforms the shape and size of the body. Body contouring devices are used to tighten, loose skin or to remove the much dreaded fat from various parts of the body, such as waist, abdomen, upper torso, and others. These devices work on diverse dynamics such as radiofrequency, cryolipolysis, high-intensity focused ultrasound (HIFU), and others.

Body contouring helps obese individuals look more presentable by helping to lose weight. The need to get rid of the copious fat that has lost elasticity and as a result, which cannot be naturally toned is the new trend in the body contouring devices market.

Covid-19 Impact

COVID-19 has hugely impacted the market dynamics with supply chain of body contouring devices experiencing a major setback. Trade embargos are hugely restraining the demand-supply outlook. With many economies like India and Italy undergoing prolonged lockdowns, the trade of these devices & services across international borders has been severely affected. Most of the world’s leading medical device companies have their manufacturing facilities located in China and as China is the focal point of this outbreak, it has suspended most of the industrial activities. Therefore, timely delivery of these devices has been grievously affected and market trends related to medical devices have been negatively affected.

The industry has responded in positive fashion to the crisis, with brands offering discounts on beauty services.

Latest Trends

Various programs such as body lifting, body fat transfer, bra line lift, implants, and abdominal etching are put into implementation. Most common method for body contouring is body lifting, which is a surgical feat that removes the surplus fat and sagging skin from body areas such as thighs, buttocks, and stomach.            Also, body fat transfer is a process in which fat from one place is removed and transferred to another place, thereby contouring and enhancing the shape of the body. Hair removal treatments are non-surgical procedures that continue to be in vogue, among men and women. As per the National Laser Institute, in 2016, in the US alone nearly 1.1 million hair removal treatments were performed. The most popular method for skin resurfacing is ablative laser resurfacing which removes or vaporizes injured tissue. There are several devices present in the market that are used in this fat removal process. These include devices like skin tightening devices and fat reduction devices.

Driving Factors

A rising attraction for cosmetic surgeries primarily drives the global market for the worldwide body contouring devices market. The major factor propelling the growth of the global body countering devices market includes weight gain among people worldwide. In addition, surge in beauty quotients across the globe and advancements in the field of body contouring are expected to fuel the growth of the market. Conversely, rise in medical tourism, surge in adoption of body contouring, and high market potential in untapped emerging economies are anticipated to provide flourishing gains during the forecast period.

Restraining Factors

High cost accompanying the procedures is anticipated to hinder the growth of the global market.

By Product

Non-invasive device segment to account for largest market share in forecast period

Based on product, the market is divided into three different categories, which include non-invasive devices, invasive devices, and minimally invasive devices. The non-invasive devices accounted for the largest market share and are expected to post the highest growth rate during the forecast period. An increase in obesity is the driving force for non-invasive segment growth. A rising preference for non-invasive treatment, such as lasers in contrast to mechanical liposuction and bariatric surgery which are more painful and harmful, will boost the segment during forecast period. Furthermore, success of non-invasive segment is to be attributed to hefty investments by prominent companies for the development of innovative technologies and equipment. Improved safety, brief downtimes, and cost-effectiveness of these devices are also fostering segment growth.

By Application

Skin tightening Segment to post illustrious growth figures in forecast period

Based on application, the market is segmented into fat reduction and skin tightening. The skin tightening segment accounted for the largest market share and is expected to post the highest growth rate during the forecast period.

Skin tightening segment finds wide popularity amongst masses and is expected to grow at a high CAGR due to their wide use in body contouring device market. Increasing trend for an attractive appearance is fuelling market growth. Furthermore, the skin tightening segment is expected to do exceedingly well in the forecast period because of the high demand from a growing geriatric population.

By End-Use

Hospital and clinic segment to notch up unbeaten growth figures in forecast period

The end user segment is classified into three segments which are clinical research laboratory, hospital and clinic, and medical spa. The hospital and clinic held the largest share of the market, whereas the medical spa segment is expected to post highest growth rate during the forecast period. The hospital and clinic segment is posting favourable growth in forecast period because of access to sophisticated facilities and treatments.

Regional Insights

North America to dominate market in forecast period

North America was the largest growing regional market with largest share. The growth is on account of the rising product approval by the regulatory agency. Asia Pacific is anticipated to dominate the market due increasing demand for body contouring and increase in disposable income.

Key Development

  • In Jan 2021, Allergan Aesthetics, an American-Irish pharmaceutical firm launched CoolSculpting Elite, a futuristic fat-reduction system that complements the body’s natural contours.
  • In April 2021, Plastic Surgery Associates and Allegro Medspa introduced a high-tec body contouring device named EMSCULPT NEO, which is a combination of two technologies namely high-intensity electromagnetic energy (HIFM) and novel synchronizwed radio frequency (RF) for producing electrifying results.
  • In April 2018, Alma Lasers has introduced the Hands free Body Contouring Solution, Accentuate during the Anti-Aging Medicine World Congress (AMWC).
  • In April 2017, llergan took over ZELTIQ Aesthetic Inc. that provides the cooling fat reduction therapy. The acquisition has included cooling therapy in company portfolio.
  • In May 2015, YOLO Medical Inc. was granted the U.S. Food and Drug Administration (USFDA) marketing approval for Lipofina, a laser system employing thermoregulation technology for body contouring.

List of Key Players Profiled

  • Allergan plc;
  • Hologic, Inc.
  • Bausch Health Companies Inc.
  • Erchonia Corporation
  • Shanghai Fosun Pharmaceutical GroupCo. Ltd.
  • Cutera, Inc.
  • MicroAire Surgical Instruments, LLC
  • Sciton, Inc.
  • InMode Aesthetic Solutions
  • En. S.p.A.

Market Segmentation

By Product:

  • Non-invasive Devices
  • Radiofrequency Devices
  • High-Intensity Focused Ultrasound (HIFU) Lipoplasty Devices
  • Cryolipolytic Devices
  • Minimally Invasive Devices
  • Laser-Assisted Lipolysis Devices
  • Radio Frequency Assisted Liposuction Devices
  • Others
  • Invasive Devices
  • Ultrasonic Assisted Liposuction (UAL) Devices

By Application:

  • Fat Reduction
  • Skin Tightening
  • By End User:
  • Hospital & Clinic
  • Medical Spa
  • Clinical Research Laboratory

By Region:

North America

  • North America, by Country
    • US
    • Canada
    • Mexico
  • North America, by Product
  • North America, by Application
  • North America, by End User

Europe

  • Europe, by Country
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Europe, by Product 
  • Europe, by Application
  • Europe, by End User

Asia Pacific

  • Asia Pacific, by Country
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • Asia Pacific, by Product 
  • Asia Pacific, by Application
  • Asia Pacific, by End User

Middle East and Africa

  • Middle East and Africa, by Country
    • UAE
    • Saudi Arabia
    • Qatar
    • Rest of Middle East and Africa
  • Middle East and Africa, by Product 
  • Middle East and Africa, by Application
  • Middle East and Africa, by End User

South America

  • South America, by Country
    • Brazil
    • Argentina
    • Rest of South America
  • South America, by Product
  • South America, by Application
  • South America, by End User

Objectives of this report:

  • To estimate market size for body contouring devices market on regional and global basis.
  • To identify major segments in body contouring devices market and evaluate theirmarket shares and demand.
  • To provide a competitive scenario for the body contouring devices market with major developments observed by key companies in the historic years.
  • To evaluate key factors governing the dynamics of body contouring devices market with their potential gravity during the forecast period.

Reasons to Buy This Report:

  • Provides niche insights for decision about every possible segment helping in strategic decision making process.
  • Market size estimation of the body contouring devices market on a regional and global basis.
  • A unique research design for market size estimation and forecast.
  • Identification of major companies operating in the market with related developments
  • Exhaustive scope to cover all the possible segments helping every stakeholder in the body contouring devices market.

Customization:

This study is customized to meet your specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country
  • Product Specific Competitive Analysis

For more information, contact: sales@quincemarketinsights.com