Body Contouring Devices Market Expected to Reach $3,446 Million by 2025

Body contouring devices have gained a substantial market share in recent years due to rise in obesity globally. In addition, surge in esthetic consciousness across the globe is another major factor that in turn has fueled the use of body contouring devices. Furthermore, untapped potential in the emerging markets in Asia-Pacific is anticipated to boost the market growth in the future.

The global body contouring devices market was valued at $933 million in 2017 and is projected to reach $3,446 million in 2025, registering a CAGR of 17.7% from 2018 to 2025.

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The factor that drives the growth of the body contouring devices market includes rise in obesity among people worldwide. In addition, surge in esthetic consciousness across the globe and advancements in the field of body contouring are some of the other factors that fuel the market growth. However, high cost associated with the procedures is expected to impede the growth of the market. Conversely, rise in medical tourism coupled with surge in adoption of body contouring and high market potential in untapped emerging economies is expected to provide lucrative opportunities for the growth of the global market during the forecast period.

Acquisition is one of the major strategies adopted by market players to expand capabilities and gain major market share. Allergan Aesthetics acquired Soliton for expansion of its body contouring devices portfolio. The acquisition involves RESONIC, the rapid acoustic pulse device of Soliton for non-invasive treatment of body contouring. This device utilizes rapid and high-frequency sound waves for disruption of connectivity tissues and targeted cellular structures. It impacts the fibrous septae underlying the skin that offers the cellulite its dimpled appearance.

According to the clinical trial data submitted to the U.S. Food and Drug Administration (FDA), RESONIC considerably improved patient satisfaction and brought improvement in outcomes.

Commenting on the acquisition, Allergan officials highlighted that the non-invasive approach and clinically proven soliton's technology lowers down the appearance of cellulite without incurring any downtime for patients. This platform will be an addition to the portfolio of body contouring device of the company and the healthcare providers will have another option to cater to the aesthetic needs of patients. Such strategies will help companies in growing across the different markets with huge potential in the acquired products.

Increase in obesity worldwide, rise in aesthetic consciousness, and advancements in the field of body contouring facilitate the growth in the market. However, high cost related to body contouring procedures restrains market growth. On the other hand, the increase in medical tourism and untapped potential in emerging economies create new opportunities.

Body contouring devices have gained a substantial market share in recent years due to rise in obesity globally. In addition, surge in esthetic consciousness across the globe is another major factor that in turn has fueled the use of body contouring devices. Furthermore, untapped potential in the emerging markets in Asia-Pacific is anticipated to boost the market growth in the future.

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New technologies have been developed, and they offer several advantages in terms of precision and efficiency. The new 1064-nm laser has been developed and gained FDA clearance. This laser is a non-contact body contouring device that can be utilized in aesthetic surgeries. Dr. Waibel, the Medical Director and Owner at Miami Dermatology and Laser Institute, highlighted that this system provides laser energy with articulated, motorized, and precision-controlled arm. It can be used for treatment of abdominal adiposity. Along with offering ease in application, it enables treatment of the entire abdomen in only single hour. Such technologies will help patients in overcoming current barriers and gaining a promising solution to their needs.

Key findings of the Body Contouring Devices Market:

The minimally invasive devices segment accounted for one-third share of the global body contouring devices market in 2017.

The skin tightening segment is expected to grow at the highest CAGR from 2017 to 2025.

The hospital & clinic segment accounted for around two-thirds share of the global body contouring devices market in 2017.

Europe accounted for more than one-fourth share of the global market in 2017.

Asia-Pacific is expected to provide lucrative growth opportunities from 2017 to 2025.

We also Offers Regional and Country Reports-

Japan Body Contouring Devices Market
South Korea Body Contouring Devices Market
Singapore Body Contouring Devices Market
China Body Contouring Devices Market
Indonesia Body Contouring Devices Market
Australia Body Contouring Devices Market
Taiwan Body Contouring Devices Market

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