A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
According to the Global Body Contouring Devices Market Research Report, the market was worth USD X.XX billion in 2016 and estimated to be growing at a CAGR of XX.XX%, to reach USD XX.XX billion by 2021. Body Contouring is the process of surgically altering various body parts such as thighs, butt cheeks, breasts, upper arms and torso with the aim of improving the overall appearance of the body.
Body lift is one such common body contouring surgical procedure meant to remove the sagging skin and excess fat from the abdomen, thighs and the buttocks. This is more effective usually in the cases of people who have lost weight drastically.
The devices which are used in the process of body contouring are widely defined as body contouring devices. They come under several categories with the broad classification being done on the basis of extent of invasion.
Latest innovations in ultrasound cavitations, infra-red technology, laser-lipolysis, radio-frequency therapy, mesotherapy, dynamic pulse control (DPC) and intense pulse light (IPL) are resulting in the development of revolutionary new devices in the field.
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The major factors affecting the Body Contouring Devices market include the rise in the number of obese patients, rising awareness and accessibility of population to body contouring devices. The increasing importance being given to physical appearance nowadays is yet another reason for it.
Technological advancements and a growing need for technologically advanced products to meet the increasing demand of aesthetical improvement procedures such as excess skin removal, skin tightening & liposuction are expected to propel the growth potential of the market over the forecast period.
Body Contouring Devices market Segmentation by Product into Minimally Invasive Devices such as Radio Frequency Assisted Liposuction Devices and Laser Assisted Lipolysis Devices, Non Invasive Devices such as Suction Devices, Radiofrequency Energy Devices, High Frequency Focused Ultrasound Devices, Cryolipolysis and Low Level Light Laser Therapy Devices and Invasive Devices. Based on geography, the global market is analysed under various regions namely North America, Europe, Asia-Pacific, Latin America and Middle East and Africa.
The Body Contouring Devices Market is dominated by North America in 2016 with the region accounting for 36% of the overall market share. North America was followed next in line by Europe and Asia-Pacific.
Asia-Pacific is expected to grow rapidly in the coming years as is evident from the high CAGR value for the region. Another promising region for the market is Latin America, which is expected to show high growth rates in coming years.
The Body Contouring Devices market is highly competitive with a large number of players. Body Contouring Devices industry Key players dominating the market with their products and services are Meridian Co., Cynosure, Ltd., Lumenis, Alma Lasers, Ltd., Syneron Medical Ltd and Palomar Medical Technologies.
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