Liposuction Surgery Devices Market will reach US$ 3,467.8 Million by 2027. Liposuction, is also called lipoplasty, involves a cosmetic surgery that reshapes and slims specific body parts by removing excess fat deposits and improving body proportion and contours. This procedure breaks up and ‘sucks’ fat from different parts like buttocks, hips, thighs, waist, abdomen, cheeks, neck, chin, upper and back of the arms, chest area, inner knee, calves, and back. The fat is removed through a hollow device called a cannula inserted under the skin. Liposuction avoids obesity and, thus, helps get free from associated diseases. Modern liposuction started with a presentation in 1982 by Dr. Yves-Gerard Illouz, a French surgeon. However, liposuction was invented in 1972 by two Italian-American surgeons- Doctors Giorgio and Arpad Fischer.Liposuction Surgery Devices Market will reach US$ 3,467.8 Million by 2027. Industry Trends, Growth, Insight, Outlook, Impact of Inflation, Company Analysis, Global Forecast 2022-2027
Liposuction Surgery Devices Market Size is likely to expand at a CAGR of 12.30% during 2022 - 2027:
The increasing incidence of men, especially women, who want to remove excess fat from their bodies and be in proper shape, is becoming the critical driving force of liposuction surgery devices. Nowadays, fat can also be used as a natural filler, where fat is taken from one part of the body, cleaned, and injected into another part of the body. As a result, liposuction surgeries are generally safe. Thus, resulting in rising the growth of the liposuction surgery devices market.By Type Insights
Based on type, the industry is differentiated into standalone and portable liposuction surgery devices. The portable liposuction surgery devices market dominates the market owing to the ease of use of these products. In addition, rising technological advancements and reasonable rates will also encourage market growth in the forecast period.United States holds the largest share by country
The Liposuction Devices market in the United States holds the largest market share and will continue to dominate the market in the forecast period due to the rise in beauty conscious population and increasing demand for liposuction procedure. Brazil, Mexico, India and Turkey are among the other noteworthy geographic markets.Impact of COVID-19 on Liposuction Surgery Devices Market:
The COVID-19 pandemic had negatively impacted the Liposuction Surgery Devices market. Although stay-at-home orders and restrictions on movement helped reduce the spread of the COVID-19 virus, these created barriers in the manufacturing of medical devices as the supply chain got disrupted due to restrictions on borders. Also, a focus shift from the liposuction surgery device market to medical devices used during COVID-19 was seen, disrupting the liposuction surgery device market.Key Players:
Bausch Health Companies, Inc., Inmode Inc., Hologic Inc., Hamilton Thorne, Inc, Cutera Inc., Abbvie, Bruker Corporation and Carl Zeiss Meditec AG are the leading competitors in the Liposuction Surgery Devices Market. Further, these organizations employ various techniques to drive their company portfolio worldwide, including innovative product releases and R&D.The publisher's latest report “Liposuction Surgery Devices Market, ForecastBy Type (Stand Alone, Portable), Countries (USA, Brazil, Germany, Mexico, India, Turkey, Columbia, Argentina, Italy, Spain and Rest of World), Key Players (Bausch Health Companies, Inc., Inmode Inc, Hologic Inc., Hamilton Thorne, Inc, Cutera Inc., Abbvie, Bruker Corporation and Carl Zeiss Meditec AG)” provides a detailed analysis of Liposuction Surgery Devices Market.
Type - The market has been studied from 2 viewpoints:
1. Stand Alone2. Portable Liposuction Surgery device
Countries - The market has been studied from 11 viewpoints
1. USA2. Brazil
3. Germany
4. Mexico
5. India
6. Turkey
7. Columbia
8. Argentina
9. Italy
10. Spain
11. Rest of World
Company Insights:
- Overview
- Initiatives/Recent Developments
- Financial Insight
Companies Covered:
1. Bausch Health Companies, Inc.2. Inmode Inc.
3. Hologic Inc.
4. Hamilton Thorne, Inc
5. Cutera Inc.
6. Abbvie
7. Bruker Corporation
8. Carl Zeiss Meditec AG
Table of Contents
Companies Mentioned
- Bausch Health Companies, Inc.
- Inmode Inc.
- Hologic Inc.
- Hamilton Thorne, Inc
- Cutera Inc.
- Abbvie
- Bruker Corporation
- Carl Zeiss Meditec AG
Methodology
In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.
Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.
Primary Research
The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develop the analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth, and forecast
The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:
- Chief executives and VPs of leading corporations specific to the industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research
The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, webcasts, and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 110 |
Published | October 2022 |
Forecast Period | 2022 - 2027 |
Estimated Market Value ( USD | $ 1941.6 Million |
Forecasted Market Value ( USD | $ 3467.8 Million |
Compound Annual Growth Rate | 12.3% |
Regions Covered | Global |
No. of Companies Mentioned | 8 |