A new study on the global body contouring devices market by Transparency Market Research (TMR) states that the increasing consciousness pertaining to one’s physical appearance has been fueling the demand for body contouring devices across the world over the last few years. The report is titled “Body Contouring Devices Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019.”
As per the study, the increasing prevalence of obesity among young individuals is anticipated to boost the worldwide body contouring devices market during the forecast period. However, the high cost associated with aesthetic procedures is likely to limit the growth of this market to some extent in the coming years.
The type of body contouring device and the regional distribution of the worldwide body contouring devices market have been taken as the main considerations for the analysis in this report. Based on the type of device, the study broadly classifies the market into the invasive devices segment, the minimally invasive devices segment, and the non-invasive devices segment.
The invasive devices segment includes ultrasound-assisted liposuction devices, the minimally invasive devices segment comprises radiofrequency assisted liposuction devices and laser assisted lipolysis devices, and the non-invasive devices segment consists of radiofrequency lipoplasty devices.
Geographically, the report has segmented the global body contouring devices market into Asia Pacific, Europe, North America, and the Rest of the World. North America holds the largest share in the overall market.
The increasing number of individuals concerned about their physical appearances is the key factor propelling this market in North America. A rise in the obese population is another significant driving force behind the growth of the North America body contouring devices market. Mexico has emerged as the leading domestic market for body contouring devices in this region, notes the research study.
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Analysts also project the body contouring devices markets in Europe and Asia Pacific to witness remarkable growth in their global share. While the increasing disposable income of people in developing economies such as China and India is likely to fuel the demand for these devices in Asia Pacific, the Europe body contouring devices market is expected to be driven by the easy availability of technically advanced devices.
An analysis of the competitive landscape prevalent in the global body contouring devices market has also been presented in this report. According to it, Syneron Medical Ltd., Palomar Medical Technologies, Valeant, Lumenis, Meridian Co. Ltd., Alma Lasers Ltd., and Cynosure are the leading producers of body contouring devices across the world.
Other significant companies operational in the worldwide market for body contouring devices are Andrew Technologies, BTL Industries, Cutera, GlobalMed Technologies, Human Med, Invasix Aesthetic Solutions, Misonix, VLCC Health Care Ltd., and YOLO Medicals, reports the research study.