Global Liposuction Devices Market, By Product (Portable Liposuction Surgery Devices and Standalone Liposuction Surgery Devices), Technology (Suction-Assisted Liposuction, Power-Assisted Liposuction, Water Jet Assisted Liposuction Devices, Twin Cannula-Assisted Liposuction, Radiofrequency Assisted Liposuction Devices, Tumescent Liposuction, Aspirator Devices, Laser Assisted Liposuction Devices, Ultrasound Assisted Liposuction Device, and Other Liposuction Devices), End-Users (Hospitals, Ambulatory Centers, and Cosmetic Surgical Centers) – Industry Trends and Forecast to 2031.
Liposuction Devices Market Analysis and Size
The market is expected to witness steady growth in the coming years, driven by factors such as the increasing prevalence of obesity, growing demand for cosmetic procedures, and advancements in liposuction technologies. Liposuction is a popular cosmetic procedure used to remove excess fat deposits from various body parts, including the abdomen, thighs, and arms. The rising prevalence of obesity, coupled with changing lifestyles and dietary habits, is expected to drive the demand for liposuction procedures worldwide. In addition, the growing emphasis on physical appearance and body image is fueling the demand for cosmetic procedures, including liposuction.
The global liposuction devices market size was valued at USD 3.22 billion in 2023 and is projected to reach USD 7.61 billion by 2031, with a CAGR of 11.35% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016-2021)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Product (Portable Liposuction Surgery Devices and Standalone Liposuction Surgery Devices), Technology (Suction-Assisted Liposuction, Power-Assisted Liposuction, Water Jet Assisted Liposuction Devices, Twin Cannula-Assisted Liposuction, Radiofrequency Assisted Liposuction Devices, Tumescent Liposuction, Aspirator Devices, Laser Assisted Liposuction Devices, Ultrasound Assisted Liposuction Device, and Other Liposuction Devices), End-Users (Hospitals, Ambulatory Centers, and Cosmetic Surgical Centers)
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Countries Covered
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U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, and Rest of South America
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Market Players Covered
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AbbVie Inc. (U.S.), Alma Lasers (U.S.), Cynosure Technologies (U.S.), Cutera (U.S.), Olympus Corporation (Japan), Eurosurgical Ltd. (U.S.), Nouvag AG (Switzerland), Human Med AG (Germany), BLINK MEDICAL (U.S.), Bausch Health Companies Inc (Canada), Energist UK Ltd (U.K.), Murray Surgical (U.S.), INTERmedic Arfran (Spain), CANDELA CORPORATION (U.S.), Lipogems International S.p.A. (U.S.), INNOVIA MEDICAL (U.S.), Genesis Biosystems, Inc. (U.S.), Solta Medical (U.S.), BTL (Italy), and El.En. S.p.A. (Italy)
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Market Opportunities
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Market Definition
Liposuction devices are medical instruments used in liposuction procedures to remove excess fat from various parts of the body, such as the abdomen, thighs, hips, buttocks, arms, and neck. These devices typically include a cannula, a thin tube inserted into the body through a small incision. The cannula is connected to a suction pump that helps remove the fat cells from the body.
Liposuction Devices Market Dynamics
DriversTop of Form
- Growing Aesthetic Consciousness
Growing awareness and acceptance of cosmetic procedures, including liposuction, is influenced by various factors, including the portrayal of beauty standards in social media and celebrity culture. As people become more conscious of their appearance and seek ways to enhance their looks, the demand for liposuction procedures continues to rise. This is particularly pronounced among younger demographics who are more likely to be influenced by social media trends and aspire to achieve the body aesthetics promoted by influencers and celebrities, which are driving the demand for such treatments worldwide.
- Increasing Prevalence of Obesity
Obesity is associated with various health risks and aesthetic concerns, leading many individuals to seek solutions to reduce excess fat and improve their body contour. Liposuction offers an effective way to target specific areas of the body where fat accumulation is difficult to reduce through diet and exercise alone. The demand for liposuction procedures is expected to remain high with the rising obesity rate, driving market growth.
Opportunities
- Rising Disposable Income
With improvements in economic conditions in emerging markets, disposable incomes are rising, and more individuals can afford elective cosmetic procedures, including liposuction. This is particularly evident in regions where economic growth has led to a burgeoning middle class with greater purchasing power. With a higher level of disposable income, individuals are more inclined to invest in enhancing their physical appearance, contributing to new opportunities for market growth.
- Technological Advancements
The continuous advancements in liposuction devices are revolutionizing the field of cosmetic surgery. Technologies such as laser-assisted and ultrasound-assisted liposuction enhance the procedure's safety, precision, and efficacy. These advancements allow for more targeted fat removal, reduced risk of complications, and faster recovery times for patients. As these technologies become more appealing to both patients and healthcare providers, they are opening up new market opportunities.
Top of Form
Restraints/Challenges
- Availability of Non-Invasive Alternatives
Cryolipolysis (CoolSculpting) and radiofrequency lipolysis (BodyTite) offer patients less invasive options for fat reduction, often with minimal discomfort and downtime. These non-surgical alternatives appeal to individuals who are hesitant to undergo traditional liposuction surgery. As these non-invasive technologies continue to improve and gain acceptance among patients and healthcare providers, they could limit the market's growth potential.
- Limited Reimbursement Policies
lack of reimbursement for liposuction procedures by insurance companies in some regions. can deter cost-conscious patients from undergoing liposuction, as they may be unable or unwilling to bear the full cost of the procedure out of pocket. In addition, limited reimbursement may also impact the willingness of healthcare providers to offer liposuction services, particularly in regions where insurance coverage plays a significant role in healthcare decision-making. As a result, the growth of the market may be hindered.
This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the liposuction devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Developments
- In November 2023, Johnson & Johnson MedTech announced its intention to submit the OTTAVA robotic surgical system for an investigational device exemption (IDE) application to the U.S. Food & Drug Administration (FDA) in the latter half of 2024, marking the commencement of clinical trials. The system aims to optimize the operating room (OR) environment, streamline intricate workflows, provide adaptability for various clinical approaches, and uphold the reliable performance associated with Ethicon instrumentation
- In March 2024, Ethicon, a Johnson & Johnson Medical Devices Companies division, unveiled the introduction of the ProxiSureTM Suturing Device in the United States. This cutting-edge laparoscopic suturing device incorporates Ethicon's advanced and mechanical suture and curved needle technologies. The introduction of ProxiSureTM further enriches Ethicon's extensive range of suturing technologies, setting a new benchmark for excellence in laparoscopic suturing
Liposuction Devices Market Scope
The market is segmented on the basis of product, technology, and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Portable Liposuction Surgery Devices
- Standalone Liposuction Surgery Devices
Technology
- Suction-Assisted Liposuction
- Power-Assisted Liposuction
- Water Jet Assisted Liposuction Devices
- Twin Cannula-Assisted Liposuction
- Radiofrequency Assisted Liposuction Devices
- Tumescent Liposuction
- Aspirator Devices
- Laser Assisted Liposuction Devices
- Ultrasound Assisted Liposuction Device
- Other Liposuction Devices
End User
- Hospitals,
- Ambulatory Centers
- Cosmetic Surgical Centers
Liposuction Devices Market Regional Analysis/Insights
The market is analyzed and market size insights and trends are provided by country, product, technology, and end-user as referenced above.
The countries covered in the market are U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, and Rest of South America.
North America is expected to dominate the market due to the increasing prevalence of obesity in the region, leading to a higher demand for fat loss solutions, which is expected to drive the market for liposuction surgery. The growing awareness of obesity and its associated health risks among the region's large population is also fueling the demand for targeted surgery, thus boosting the market.
Asia-Pacific is expected to witness significant growth due to the rise in disposable income and awareness of the benefits of liposuction, along with increasing demand for targeted surgery from the fashion and film industries, which are contributing to market growth. Moreover, the growth of medical tourism and the healthcare industry in the region is further propelling the industry.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed base and New Technology Penetration
The liposuction devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for liposuction devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the liposuction devices market. The data is available for historic period 2011-2021.
Competitive Landscape and Liposuction Devices Market Share Analysis
The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the market.
Some of the major players operating in the market are:
- AbbVie Inc. (U.S.)
- Alma Lasers (U.S.)
- Cutera (U.S.)
- Olympus Corporation (Japan)
- Eurosurgical Ltd. (U.S.)
- Nouvag AG (Switzerland)
- Human Med AG (Germany)
- BLINK MEDICAL (U.S.)
- Bausch Health Companies Inc (Canada)
- Energist UK Ltd (U.K)
- Murray Surgical (U.S.)
- INTERmedic Arfran (Spain)
- CANDELA CORPORATION (U.S.)
- Lipogems International S.p.A. (U.S.)
- INNOVIA MEDICAL (U.S.)
- Genesis Biosystems, Inc. (U.S.)
- Solta Medical (U.S.)
- BTL (Italy )
- El.En. S.p.A. (Italy)
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