Global Body Contouring Devices Market

Body Contouring Devices Market Size, Share, Growth Analysis, By Product Type (Non-Invasive Devices, Minimally Invasive Devices), By Application (Fat Reduction, Skin Tightening), By End-User (Hospitals, Clinics), By Region - Industry Forecast 2025-2032

Report ID: SQSG35B2021 | Region: Global | Published Date: February, 2024
Pages: 242 | Tables: 63 | Figures: 75

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FAQs

The body contouring devices market is expected to grow at a compound annual growth rate of 14.3% from 2023 to 2031.

The FDA has not cleared any dermal filler, including silicone, for injection in body contouring procedures.

Global Body Contouring Devices Market size was valued at USD 1.33 billion in 2022 and is poised to grow from USD 1.52 billion in 2023 to USD 4.43 billion by 2031, growing at a CAGR of 14.3% during the forecast period (2024-2031). 

Many of these firms are quickly choosing to expand geographically, collaborate strategically, and form alliances through mergers and acquisitions in developing and prosperous regions. Evolve Tone was certified by Health Canada and given to InMode Ltd. in June 2021. With this approval, Evolve platform will become Canada's only three distinct body remodelling technologies Tite, Trim, and Tone all in one hands-free device. The following are a few of the leading companies in the body-contouring device market. 'Cynosure, Inc. (USA) ', 'Alma Lasers Ltd. (Israel) ', 'Syneron Medical Ltd. (Israel) ', 'Bausch Health Companies Inc. (Canada) ', 'Lumenis Ltd. (Israel) ', 'Cutera, Inc. (USA) ', 'Hologic, Inc. (USA) ', 'InMode Ltd. (Israel) ', 'Sciton, Inc. (USA) ', 'Venus Concept Inc. (Canada) ', 'Fotona d.o.o. (Slovenia) ', 'Solta Medical, Inc. (USA) ', 'BTL Industries Inc. (USA) ', 'Lutronic Corporation (South Korea) ', 'Zimmer MedizinSysteme GmbH (Germany) ', 'Erchonia Corporation (USA) ', 'Candela Corporation (USA) ', 'Revance Therapeutics, Inc. (USA) ', 'Merz Pharma GmbH & Co. KGaA (Germany) ', 'Aerolase Corporation (USA) '

One of the key factors expected to accelerate the growth and demand for body contouring devices is the increase in awareness of noninvasive and minimally invasive body contouring techniques. Over the forecast period of 2021 to 2028, it is also expected that increased safety brought about by minimally invasive and aesthetic procedures will help drive the expansion of the global market. Additionally, the launch of cutting-edge technologies and an increase in obesity rates are projected to boost the market's expansion. Additionally, among the important factors expected to propel the growth of the body contouring devices market are the quick advancements in aesthetics technology and the rise in awareness of body contouring.

The popularity of non-invasive and minimally invasive technologies may be attributed to the comparatively inexpensive cost of the operation and its few negative effects. As these procedures satisfy the patient's need for a rapid recovery and minimal stress, they raise demand, which benefits the manufacturers. The usage of minimally invasive surgery methods, which are already used in a number of body contouring specializations, is expected to rise over the projected period. For instance, the US Food and Drug Administration in July 2021 approved Allergan's CoolTone, a New Body-Contouring Device with Magnetic Muscle Stimulation (MMS). Additionally, it is projected that the adoption of minimally invasive procedures and the global rise in obesity would accelerate the segment's growth throughout the projection period.

In 2021, North America held the greatest revenue share of 35.8% in the global market for body contouring devices. Throughout the forecast period, the segment is expected to display a considerable CAGR. This is attributable to a growing elderly population, a robust healthcare system, clear reimbursement guidelines, the presence of significant market participants, and improvements in aesthetic body reshaping operations. Additionally, factors like high acceptance and openness toward body contouring treatments and a rising pool of consumers who are concerned with their looks are projected to drive the noninvasive body contouring market in North America.

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Global Body Contouring Devices Market

Report ID: SQSG35B2021

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