Body
Contouring Devices Market — Global Industry Insights, Trends, Size, Share,
Outlook, and Opportunity Analysis, 2018-2026
Body
contouring is a process that involves alteration of human body by removal of
excess fat pockets, thereby optimizing the human physique. These alterations
are generally employed on body parts such as upper arms, thighs, buttocks,
torso, and chest. Body contouring helps improve the overall appearance of obese
individuals who have previously lost a massive amount of weight and need to get
rid of the pendulous fats that has lost elasticity and as a result of which
cannot be naturally toned. Body contouring involves use of various processes
such as body lifting, body fat transfer, bra line lift, implants, and abdominal
etching. Most common procedure for body contouring is body lifting, which is a
surgical process that removes the excess fat and sagging skin from body areas
such as thighs, buttocks, and stomach. On the other hand, body fat transfer is
a process in which fat from one place is removed and transferred to another
place, thereby contouring and augmenting the shape of the body. There are
various devices present in the market that are used in these fat removal
process. These includes devices like skin tightening devices and fat reduction
devices.
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Body Contouring
Devices Market – Dynamics
Recent
advancements in technology in aesthetics has enhanced the development of the
body contouring devices. Rising product launch by the market players for
offering advanced solutions in the potential market is expected to drive the
market growth over the forecast period. For instance, in September 2019, The
Baldan Group, announced to launch Le Shape, a 1060 nm diode laser for body
contouring at the Clinical Cosmetic Regenerative (CCR) Expo, held in England,
in October 2019. Le Shape is indicated for treating the upper and lower part of
abdomen, arms and hips.
Moreover,
increasing rate of obesity is expected to propel growth of the global body
contouring devices market over the forecast period. According to the World
Health Organization (WHO) factsheet, February 2018, around 1.9 billion adults
aged 18 years and above were overweight around the world in 2016, of which
around 650 million were obese.
According
to World Health Organization’s data published in February 2018, since 1975,
obesity has nearly tripled globally, and it was estimated that in 2016,
globally, 39% of adults aged 18 years and above were overweight and around 13%
were obese.
However,
the high treatment costs of body contouring could hinder the market growth. The
reimbursement policies of these procedures does not include the cost of
aesthetic products that are used in the process which is another restraint for
the global body contouring devices market.
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Body
Contouring Devices Market – Regional Insights
The North
America is expected to drive growth of the body contouring devices market
during the forecast period, owing to the rising product approval by the
regulatory agency. For instance, in May 2015, YOLO Medical Inc, received the
U.S. Food and Drug Administration marketing approval for Lipofina, a laser
system utilizing thermoregulation technology for body contouring.
Rising
product launch by the market players in the Europe is expected to gain
significant growth in the body contouring devices market over the forecast
period. For instance, in March 2017, The Baldan Group, an Italy based
manufacturer of aesthetics products, launched T-Shape and HIFU Lab aesthetic
system in the U.K. The system is combination of three technologies such as
radio-frequency, infrared and vacuum, used for body contouring by fat
reduction, cellulite reduction, body remodeling, and skin tightening &
lifting.
Key players
in the body contouring devices market:
Some of the
key players operating in the body contouring devices market includes Cynosure,
Meridian Co. Ltd., Syneron Medical Ltd., Lumenis, Alma Lasers, Ltd and Palomar
Medical Technologies.
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