Growth Trajectory Of The Liposuction Surgery Devices Market 2023-2032
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The global liposuction surgery devices market has witnessed substantial growth, surging from $1.51 billion in 2022 to $1.7 billion in 2023, with a remarkable compound annual growth rate (CAGR) of 12.8%. Projections indicate continued expansion, with the market expected to reach $2.7 billion in 2027, boasting a CAGR of 12.3%. This surge is fueled by a growing emphasis on beauty consciousness and an increasing demand for liposuction procedures, both among men and women.
Beauty Consciousness Fuels Market Growth
- Rising Beauty Consciousness:
- A significant contributor to the liposuction surgery devices market’s growth is the increasing emphasis on beauty consciousness across a diverse population.
- The desire to overcome immediate body dissatisfaction and psychological issues associated with undesirable fat has led many towards liposuction surgery.
- Demand Surge in 2021:
- In 2021, surgical procedures, including liposuction, witnessed a substantial increase of 54% compared to 2020, according to The Aesthetic Society.
- Body surgery procedures alone surged from 564,303 in 2020 to 921,664 in 2021, showcasing a significant uptrend.
Key Players Shaping the Market Landscape
- Leading Industry Participants:
- Solta Medical, Cynosure Inc., and Invasix Ltd. are among the major players influencing the liposuction surgery devices market.
- These companies play a pivotal role in advancing technologies and expanding the accessibility of liposuction procedures globally.
Technological Advancements Driving Trends
- Innovation in Skincare Technologies:
- Technological advancements stand out as a major trend in the liposuction surgery devices market.
- Conventional fat suctioning processes are evolving with the incorporation of non-invasive, power, laser, ultrasound, RF, and other technologies to enhance outcomes.
- InMode’s Latest Offerings:
- In January 2022, InMode introduced EVOLVE and EVOLVE, two new non-invasive solutions in skincare technology.
- EVOLVE offers advanced hands-free non-invasive thermal body and skin treatments, while EVOLVE serves as an all-in-one hands-free facial reshaping equipment.
Market Segmentation for Tailored Solutions
- By Technology:
- Ultrasound-Assisted Liposuction (UAL)
- Twin Cannula-Assisted Liposuction (TCAL)
- Laser-Assisted Liposuction (LAL)
- Power-Assisted Liposuction (PAL)
- Suction-Assisted Liposuction (SAL)
- Tumescent Liposuction
- RF-Assisted Liposuction (RFAL)
- Water-Assisted Liposuction (WAL)
- Aspirator Devices
- By Type:
- Stand-Alone Liposuction Surgery Devices
- Portable Liposuction Surgery Devices
- By Application:
- Ambulatory Surgical Centers
- Cosmetic Surgical Centers
- North America’s Dominance:
- North America claimed the largest share in the liposuction surgery devices market in 2022.
- The region’s advanced healthcare infrastructure and a culture emphasizing aesthetics contribute to its market leadership.
- Asia-Pacific’s Growth Momentum:
- Asia-Pacific is anticipated to be the fastest-growing region in the forecast period.
- Increasing awareness and infrastructure development make the region a hotspot for the expansion of the liposuction surgery devices market.
View More On The Liposuction Surgery Devices Market Report 2023 – https://www.thebusinessresearchcompany.com/report/liposuction-surgery-devices-global-market-report
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The Liposuction Surgery Devices Global Market Report 2023 provides a comprehensive overview on the liposuction surgery devices market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the liposuction surgery devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
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