Market Overview:
The global liposuction device market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing prevalence of obesity, rising demand for minimally invasive procedures, and technological advancements in liposuction devices. Based on type, the laser assisted liposuction devices segment is expected to account for the largest share of the global liposuction device market in 2018. This segment is projected to grow at a CAGR of 6.1% from 2018 to 2030 due to its advantages over other types of devices such as ultrasound assisted liposuction (UAL) and traditional suction-assisted lipectomy (SAL). Laser assisted liposuction devices are less invasive and cause less damage or trauma than other methods, which results in faster healing times and fewer complications. These factors are driving their adoption among surgeons worldwide.
Product Definition:
A liposuction device is a medical instrument that is used to remove excess fat from the body. It is important because it can help improve the appearance of the body by reducing fatty deposits.
Laser Assisted Liposuction Devices:
Laser-assisted liposuction devices are the latest trend in cosmetic surgery. They have gained huge popularity due to their effectiveness and safety features as compared to traditional liposuction techniques. Laser-assisted liposuction technique is less invasive, has lesser recovery time, and offers faster results than other conventional methods like surgical removal of fat such as laser excision or cold thermolysis.
Ultrasound Assisted Liposuction Devices:
Ultrasound-Assisted Liposuction (UAL) is a minimally invasive technique that uses high-frequency sound waves to liquefy targeted fat tissues. The process takes less time as compared to the traditional liposuction techniques and has fewer side effects. Ultrasound assisted liposuction devices are FDA approved for treating areas of localized fat in the body, especially in problem areas such as below the chin, above the knee, abdomen, back and neck area.
Application Insights:
The hospitals application segment held the largest share of more than 60.0% in 2017. The liposuction devices are mainly used for various clinical applications such as weight loss, obesity treatment, and aesthetic purposes at cosmetic surgical centers. In addition, these devices help treat a variety of medical conditions including diabetes by reducing the amount of sugar stored in fat cells thus lowering blood glucose levels and improving insulin sensitivity.
Regional Analysis:
North America dominated the global market in 2017 owing to the increasing demand for cosmetic surgeries and rising awareness about aesthetic appeal. The region is expected to maintain its position during the forecast period due to growing R&D investments by manufacturers and increased adoption of technologically advanced devices. Moreover, presence of well-established healthcare facilities, availability of skilled professionals and high disposable income are also contributing towards growth in this region.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to factors such as improving healthcare infrastructure & reimbursement policies; increase in medical tourism; introduction & development of new products by local companies; etc. In addition, rise in social media influence on health choices has led many people from developing countries like India & China opt for various procedures such as liposuction that can improve their appearance or boost self-confidence instantly.
Growth Factors:
- Increasing demand for minimally invasive procedures: The global liposuction device market is expected to grow at a CAGR of 5.5% during the forecast period due to the increasing demand for minimally invasive procedures. This is because these procedures are less invasive and cause less pain and discomfort than traditional surgery.
- Technological advancements: The development of new technologies in the field of liposuction devices is expected to drive the growth of this market during the forecast period. For instance, in 2016, Cynosure introduced its PicoSure laser system for body contouring, which uses picosecond technology to achieve better results with fewer treatments than traditional lasers systems.
- Rising obesity rates: Obesity rates are rising globally, which is leading to an increase in the number of people who require liposuction treatment. This will contribute to the growth of this market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Liposuction Device Market Research Report
By Type
Laser Assisted Liposuction Devices, Ultrasound Assisted Liposuction Devices
By Application
Hospitals, Ambulatory Surgical Centers, Cosmetic Surgical Centers
By Companies
Solta Medical, Cynosure Inc, Sciton Inc, Wells Johnson Co, Invasix Ltd, Zeltiq Aesthetics Inc
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
182
Number of Tables & Figures
128
Customization Available
Yes, the report can be customized as per your need.
Global Liposuction Device Market Report Segments:
The global Liposuction Device market is segmented on the basis of:
Types
Laser Assisted Liposuction Devices, Ultrasound Assisted Liposuction Devices
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Ambulatory Surgical Centers, Cosmetic Surgical Centers
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Solta Medical
- Cynosure Inc
- Sciton Inc
- Wells Johnson Co
- Invasix Ltd
- Zeltiq Aesthetics Inc
Highlights of The Liposuction Device Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Laser Assisted Liposuction Devices
- Ultrasound Assisted Liposuction Devices
- By Application:
- Hospitals
- Ambulatory Surgical Centers
- Cosmetic Surgical Centers
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Liposuction Device Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A liposuction device is a medical device that uses heat and vacuum to remove fat from specific areas of the body.
Some of the major companies in the liposuction device market are Solta Medical, Cynosure Inc, Sciton Inc, Wells Johnson Co, Invasix Ltd, Zeltiq Aesthetics Inc.
The liposuction device market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Liposuction Device Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Liposuction Device Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Liposuction Device Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Liposuction Device Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Liposuction Device Market Size & Forecast, 2020-2028 4.5.1 Liposuction Device Market Size and Y-o-Y Growth 4.5.2 Liposuction Device Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Laser Assisted Liposuction Devices
5.2.2 Ultrasound Assisted Liposuction Devices
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Ambulatory Surgical Centers
6.2.3 Cosmetic Surgical Centers
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Liposuction Device Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Liposuction Device Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Laser Assisted Liposuction Devices
9.6.2 Ultrasound Assisted Liposuction Devices
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Ambulatory Surgical Centers
9.10.3 Cosmetic Surgical Centers
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Laser Assisted Liposuction Devices
10.6.2 Ultrasound Assisted Liposuction Devices
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Ambulatory Surgical Centers
10.10.3 Cosmetic Surgical Centers
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Laser Assisted Liposuction Devices
11.6.2 Ultrasound Assisted Liposuction Devices
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Ambulatory Surgical Centers
11.10.3 Cosmetic Surgical Centers
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Laser Assisted Liposuction Devices
12.6.2 Ultrasound Assisted Liposuction Devices
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Ambulatory Surgical Centers
12.10.3 Cosmetic Surgical Centers
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Laser Assisted Liposuction Devices
13.6.2 Ultrasound Assisted Liposuction Devices
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Ambulatory Surgical Centers
13.10.3 Cosmetic Surgical Centers
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Liposuction Device Market: Competitive Dashboard
14.2 Global Liposuction Device Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Solta Medical
14.3.2 Cynosure Inc
14.3.3 Sciton Inc
14.3.4 Wells Johnson Co
14.3.5 Invasix Ltd
14.3.6 Zeltiq Aesthetics Inc