Global body contouring device market expected to dock 13.8% growth from 2018 to 2025.
The global body contouring devices market size is expected to reach USD 4.5 billion by 2025 at a 13.8% CAGR over the forecast period, says a report by Grand View Research. The global body contouring procedures market size, on the other hand, is expected to value USD 9.3 billion by 2025, expanding at a CAGR of 7.7% from 2018 to 2025, according to a new report by Grand View Research, Inc, Increased awareness regarding noninvasive and minimally invasive body contouring procedures is expected to drive the devices market in next few years.
Some of the key companies in the global body contouring devices and procedure market are Cynosure, Inc.; Alma Lasers Ltd.; Allergan PLC; Syneron Medical Ltd.; Bausch Health Companies, Inc.; and Lumenis Ltd.
Factors contributing in this growth include improved accessibility to aesthetic procedures and enhanced safety due to minimally and non-invasive procedures, which hold prominence in the eyes of the clients and practitioners alike. Moreover, as per the report, non-invasive devices segment accounted for the highest market share and is expected to maintain lucrative growth during the forecast period due to the advent of new devices.
Aging baby boomers and introduction of advanced products by the market players are other drivers of the market. In addition, advantages associated with body contouring procedures is expected to augment the market growth. Body contouring procedures help remove excess body fat and significantly affect the person’s quality of life both functionally and aesthetically.
Entry of new products in developing region is likely
per the report, non-invasive devices segment accounted for the highest market share and is expected to maintain lucrative growth during the forecast period due to the advent of new devices.
Aging baby boomers and introduction of advanced products by the market players are other drivers of the market. In addition, advantages associated with body contouring procedures is expected to augment the market growth. Body contouring procedures help remove excess body fat and significantly affect the person’s quality of life both functionally and aesthetically.
Entry of new products in developing region is likely to propel the market growth during the forecast period. For instance, in April 2018, Alma Lasers launched hands free body contouring solution, Accentuate, during Aesthetic & Anti-aging Medicine World Congress (AMWC) in Monaco.