Body Contouring Market
The body contouring market is anticipated to reach USD 1,190 Million by 2030 at 14.20% CAGR during the forecast period 2022-2030.
Being beauty-conscious is the new age mantra hence plastic surgeries to enhance one’s appearance have gained considerable importance in the modern world. It is not just the pageant queens, models and actresses that go through body contouring procedures to look attractive; even housewives invest in these beauty techniques to gain ageless skin. The Body Contouring Market pertains to altering the body's shape after significant weight loss to remove excess fat. This process involves correcting the body image by eliminating fat from the arms, torso, waist, chest and thighs. Those seeking a toned physique are increasingly investing in procedures such as breast lift, suction massage, knee bands, low-level laser therapy and ultrasound.
Competitive Landscape:
The global market for body contouring is benefiting from tactical implementations of companies like Cynosure (US), Alma Lasers (Israel), Meridian (Michigan), Lumenis (Israel), Syneron Medical (Israel), Valeant (Canada), Palomar Medical Technologies (US), Asclepion Laser Technologies (Germany), GlobalMed Technologies (US), Cutera (US), Fotona (Slovenia), Andrew Technologies (Canada), BTL Industries (US), Chromogenex (UK), GlobalMed Technologies (US), InMode (US), Human Med (Germany), Erchonia (US), Invasix Aesthetic Solutions (US), Wells Johnson Company (US), and others. Major moves often include mergers, innovations, branding, acquisitions, innovations, launching, and others. MRFR noted these details to understand the market impact in a proper way.
Segmentation:
The global body contouring market has been segmented on the basis of the type of devices. Data fetched from this move gets ample backing from figures, graphs, and detailed study of factors.
- By type of devices, the global market can be segmented into minimally invasive devices, invasive devices, non-invasive devices. The non-Invasive devices include radio frequency lipoplasty devices and high intensity focused ultrasound lipoplasty devices. The minimally invasive devices comprise laser-assisted lipolysis devices and radiofrequency-assisted liposuction devices. The invasive devices segment includes ultrasound-assisted liposuction devices and others.
Body Contouring Market Size
It has been estimated that the body contouring market has gained up to $ 7.3 billion in 2021. This figure is expected to rise to $ 11.1 billion by 2027, with a CAGR growth rate of 6.9% through the coming years. It has been recorded that the pandemic has caused an increase in the body contouring market due to the fear of health associated with obesity. The American Society of Plastic Surgeons has predicted that this trend has caught up with urban women who wish to appear young and achieve firm skin for professional and personal reasons. A change in diet standards has encouraged people to take fitness goals seriously, thus creating a lucrative market for beauty techniques.
Body Contouring Market Share
With regard to world domination, North America is the first market for body contouring techniques. The Asian body contouring market is rising in developing countries like India, China, Japan and South Korea. These countries are experiencing a boom in aesthetic based procedures with an increasing number of population-level living above the disposable income groups. The key companies that have invested in this venture are Cynosure LLC, Meridian Co. Ltd., Syneron Medical Limited, Lumenis Limited and Alma Lasers Ltd. Closely monitored by Europe, Asia-Pacific, Latin America and the Middle East.
Body Contouring Market Growth
Obesity is the main concern for diseases like heart-related issues, diabetes, chronic back pain and many other illnesses that can shorten life. With awareness of a green diet, vegan meals, Keto based supplements and exercise activities, the average individual is becoming more health conscious. Urbanization has caused the workforce to live a sedentary lifestyle with modern technology, giving comfort at the tip of the fingers. However, this has shifted the focus towards surgical procedures that can enhance any body type and make the skin look youthful. Individuals are now investing their money in body contouring procedures such as liposuction, belly tucks, rhinoplasty, laser skin resurfacing and fat emptying techniques to shed pounds out of their bodies.
Body Contouring Market Value
Non-invasive surgical procedures like liposuction remain the most sought-after body contouring techniques since it drains over 5 litres of fat from the body. The other method to gain a loyal base of customers is injectable drugs like Kybella. This fat burning injection has to be taken every month from 3 to 6 sessions, and after the treatment, the body adjusts by absorbing the excess fat cells. Then there are the non-surgical body contouring techniques have greatly increased for clients seeking beauty treatments without going under the knife. Skin resurfacing, skin tightening, cellulite treatment, ultrasound for skin firmness and the use of skin tightening devices like Thermage, Ulthera and Pelleve have become common.
Industry News
- The body contouring market is here to stay; this has become the elixir for the contemporary generation constantly seeking the youth fountain. The market will grow only in the next few years, as the expansion of the beauty industry is not limited to fashion alone. Ageless skin with glowing body shapes will be the obsession of the population.
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