Body Contouring Market Estimated to Exceed US$ 9.1 Billion Globally By 2024: IMARC Group

Global Body Contouring Market Research Report and Forecast Report Edition: 2019 © 2019 IMARC All Rights Reserved

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Global Body Contouring Market Overview: The latest report by IMARC Group, titled “Body Contouring Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024�, finds that the global body contouring market size reached US$ 6.1 Billion in 2018. Body contouring is a procedure that aids in altering and contouring the shape of the human body after a significant amount of weight loss. It eliminates the excess fat and skin from various body parts such as chest, thighs, upper arms and lower abdomen. People undergo these procedures to attain a cosmetically desired body shape within a short time by removing sagging skin and fat while improving the shape of the underlying support tissues. They can be both invasive and non-invasive in nature. Surgical procedures include arm lifts, breast lifts and stomach lifts whereas non-invasive procedures include cryolipolysis, suction massage, ultrasound and low-level laser therapy.

Body Contouring Market Trends Owing to the growing influence of social media, millennials are becoming conscious about their physical appearance. Consequently, there has been a rise in dependence on various contouring products to acquire a toned physique.

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157.3 146.7 152.0 141.4 136.1 125.5 130.8

160 140 120 100 80 60 40 20 0

120.2 2011

2012

2013

2014

2015

2016

2017

2018

In Million US$

in Million US$

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180 160 140 120 100 80 60 40 20 0

160.0 2019

175.9

181.2

186.5

165.3

170.6

2020

2021

2022

2023

2024

Other factors contributing to the market growth include growing urbanization, rising disposable income and the expanding medical tourism industry. On account of the aforementioned factors, the market value is expected to reach US$ 9.1 Billion, exhibiting a CAGR of 6.8% during 2019-2024.

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The increasing obese population, coupled with the heightened importance associated with aesthetics and appearances, across the globe is the primary factor driving the growth of the market. Apart from this, the availability of easy monthly installments (EMIs) on these procedures have made them affordable for common masses which, in turn, is contributing to the market growth. Furthermore, advancements in technologies like ultrasound cavitation, mesotherapy, infra-red technology, laser lipolysis, radiofrequency therapy, dynamic pulse control (DPC) and intense pulse light (IPL) have made these procedures more precise and effective in nature, thereby providing an impetus to the market growth.

Key Market Segmentation: Market Segmentation by Invasiveness o Non-Invasive Contouring o Minimally Invasive Contouring o Invasive Contouring On the basis of invasiveness, non-invasive devices currently exhibit a clear dominance in the market, followed by minimally invasive and invasive devices.

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Market Segmentation by End-Use Sector • • • •

Clinical Research Organizations Hospitals Medical Spa Clinics

Based on end-use sector, clinical research organisations represent the largest end-use sector of body contouring on account of continuous technological developments. It is followed by hospitals, medical spas and clinics.

Market Segmentation by Region • • • • •

North America Europe Asia Pacific Latin America Middle East and Africa

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On the geographical front, North America currently holds the majority of the total market share. Other major regions include Europe, Asia Pacific, Latin America, and Middle East and Africa.

Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players.

• • • • •

Cynosure Meridian Syneron Medical Lumenis Alma Lasers

For more information, click here: https://www.imarcgroup.com/body-contouring-market

A partial List of

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Clients world's leading corporates, governments, and ourPartial ClientsList of institutions

A partial List of

We are the trusted business partners to the

of Clients leading corporates, governments, and ourPartial ClientsListworld's institutions

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