Liposuction has passed through a chain of evolutionary steps since its inception over two decades ago. It is routinely employed by plastic surgeons who eliminate subcutaneous adipose deposits in numerous body areas to improve figure flaws and create a more balanced body. It is one of the most commonly finished surgical processes in aesthetic plastic surgery operations. Botox remains the top non-surgical cosmetic system in the U.S., with over 7 million annual treatments. In 2024, liposuction will remain a desired cosmetic preference, benefiting from technological improvements in protection and effects. As with any surgery, retaining troubleshooting information is vital to ensuring liposuction's perseverance and effectiveness.
Global Liposuction Surgery Devices Market Surveys
- According to the American Society of Plastic Surgeons, which represents 92% of all board-licensed plastic surgeons in the United States, mentioned that about 1.5 million cosmetic surgical strategies had been executed in 2022, and about 325,000 of them have been liposuction.
- According to the International Society of Aesthetic Plastic Surgery, South Korea had 2,718 plastic surgeons in 2022, similar to China's estimated 3,000 surgeons, despite a population 28 times the size of South Korea's.
- According to the ISAPS, liposuction emerged as the most generic surgical treatment in 2022, witnessing a massive growth of 21.1% from 2021, totaling over 2.3 million techniques. In India, liposuction accounted for the best percent, approximately 22.3%, observed via Rhinoplasty (11%), Breast Augmentation (8.5%), Gynecomastia (8.4%), and Eyelid surgical operation (6.6%). Additionally, famous non-surgical tactics amongst Indians covered Hair Removal (31.6%), Botulinum Toxin (24.6%), Hyaluronic Acid (16.5%), Chemical Peel (13.2%), and Non-Surgical Skin Tightening (7.1%).
- As per estimates, the UAE ranks third in the Middle Eastern area regarding customers undergoing cosmetic treatments, after Saudi Arabia and Egypt. Dubai has been called the Middle East’s 'plastic surgical treatment hub,' with 236 certified plastic surgeons, 386 certified dermatologists, and 277 centers in 2018.
- Recent Dubai Health Authority figures showed that the number of human beings seeking cosmetic procedures has risen sharply since the onset of COVID-19, from 223,507 in 2020 to 583,909 in 2022.
Rising Medical Tourism Worldwide
The growing worldwide demand for liposuction has fueled a surge in scientific tourism as patients try to find top-quality offerings globally. The outstanding destinations for liposuction consider factors like healthcare excellence, affordability, patient pleasure, and technological advancements. South Korea stands proud of its current generation and professional practitioners, particularly in aesthetic approaches. Brazil is famous for its expertise and artistry in cosmetic surgical procedures. Thailand gives a mix of affordability and fine, with current centers and a well-trained workforce. Despite higher expenses, the U.S. draws patients for its modern techniques and stringent requirements. This dynamic panorama of scientific tourism for liposuction provides patients with diverse options for superior but fee-effective beauty approaches.Leading locations like South Korea, Brazil, Thailand, the United States, Turkey, Mexico, India, and Spain excel in medical expertise, generation, patient care, and affordability. Based on data from the International Society of Aesthetic Plastic Surgery, liposuction remains the most favored surgical operation globally. In 2022, the U.S. Crowned the listing with 7.4 million strategies, representing 22% of all surgeries worldwide, accompanied by Brazil and Japan. This information has been unveiled throughout the ISAPS Olympiad Athens World Congress 2023. The overall quantity of liposuction methods handed 2.3 million in 2022, indicating a substantial 21.1% surge from the previous years and reaffirming its dominance in cosmetic surgical procedures.
Technological Advancements drive Global Liposuction Device Growth
An emerging trend within the liposuction surgical treatment devices market is incorporating advanced technologies like robotics and artificial intelligence into those devices. In plastic surgery, AI applications span pre-operative consultations, analysis, treatment selections, postoperative critiques, and follow-ups. AI promises to minimize errors and optimize patient outcomes by improving accuracy, efficiency, and resource allocation. Vendors innovate power, ultrasound, laser-assisted devices for massive-quantity liposuction, and smaller, bendy cannulas for particular incisions. New cannulas employ laser or ultrasound power to minimize tissue harm, swelling, and discomfort, selling faster healing. Smartlipo, a liquid fats removal system, is famous for its decreased trauma and quicker recovery, positively impacting market expansion.Global Liposuction Surgery Devices Market Segment
Ultrasound-assisted liposuction is the most important sector within the liposuction surgical procedure devices market due to its efficacy and protection. Ultrasound-assisted liposuction employs ultrasound energy to liquefy fat cells, supplying smoother effects with less tissue trauma. Its precision and shorter healing time pressure its recognition among patients and practitioners, raising its marketplace presence. For instance, Solta Medical gives advanced merchandise like VASERlipo and VASER ultrasonic structures, leveraging ultrasound technology to emulsify fats while minimizing tissue damage. These advancements enhance device performance, making sure top-rated effects.India Liposuction Surgery Devices Market
Liposuction is a critical aesthetic procedure performed by Indian plastic surgeons, focused on areas like the stomach, hips, thighs, and more, regularly blended with a tummy tuck for optimum frame contouring. Despite its versatility, it is useless for cellulite or sagging skin. In 2019, over 75,000 liposuction approaches were recorded, as per ISAPS. The Indian authorities introduced the National Medical Devices Policy in April 2023 to strengthen home production and exports. Proposed measures include raising Basic Customs Duty for non-ITA1 devices to 15-20% to promote quality production and exports and recover the import of used clinical devices to ensure safety, environmental safety, and home enterprise increase. India's healthcare area houses numerous leading liposuction surgical procedure hospitals renowned for providing fantastic care and a positive outcome.Key Player in the Liposuction Surgery Devices Market
The distinguished players in the liposuction surgery devices industry encompass Hologic Inc., SOLTA MEDICAL (Bausch Health Companies, Inc.), Genesis Biosystems, Inc., InMode Ltd., Cynosure Inc., YOLO Medical Inc., Apex Medical, Sciton Inc.Liposuction Surgery Devices Market Company News
- In September 2021, InMode Ltd. unveiled the EvolveX platform, presenting the Transform era.
- In June 2022, Sono Bello acquired Body Sculpt International, renowned for its know-how in minimally invasive liposuction procedures. The company operates wholly authorized surgical centers recognized by the AAAHC.
- In January 2023, Apyx Medical Corporation introduced its modern Renuvion generator, the Apyx One Console, in the United States.
- In April 2023, the FDA authorized the Renuvion APR handpiece to coagulate subcutaneous tender tissues and publish liposuction for classy frame contouring.
Product Type - Global Liposuction Surgery Devices Market breakup in 2 viewpoints:
1. Stand-alone Liposuction Surgery Devices2. Portable Liposuction Surgery Devices
Technology - Global Liposuction Surgery Devices Market breakup in 7 viewpoints:
1. Tumescent Liposuction2. Ultrasound-Assisted Liposuction
3. Laser-Assisted Liposuction
4. Power-Assisted Liposuction
5. Water-Assisted Liposuction
6. Suction-Assisted Liposuction
7. Others
Country - Global Liposuction Surgery Devices Market breakup in 25 viewpoints:
1. North America1.1 United States
1.2 Canada
2. Europe
2.1 France
2.2 Germany
2.3 Italy
2.4 Spain
2.5 United Kingdom
2.6 Belgium
2.7 Netherlands
2.8 Turkey
3. Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.4 South Korea
3.5 Thailand
3.6 Malaysia
3.7 Indonesia
3.8 Australia
3.9 New Zealand
4. Latin America
4.1 Brazil
4.2 Mexico
4.3 Argentina
5. Middle East & Africa
5.1 Saudi Arabia
5.2 UAE
5.3 South Africa
All the key players have been covered from 3 viewpoints:
- Overview
- Recent Development
- Revenue Analysis
Company Analysis:
1. SOLTA MEDICAL (Bausch Health Companies, Inc.)2. InMode Ltd.
3. Genesis Biosystems, Inc.
4. Hologic Inc.
5. Apyx Medical
6. Cynosure Inc.
7. YOLO Medical Inc.
8. Sciton Inc.
Table of Contents
Companies Mentioned
- SOLTA MEDICAL (Bausch Health Companies, Inc.)
- InMode Ltd.
- Genesis Biosystems, Inc.
- Hologic Inc.
- Apyx Medical
- Cynosure Inc.
- YOLO Medical Inc.
- Sciton Inc.
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 | 180 |
Published | April 2024 |
Forecast Period | 2023 - 2032 |
Estimated Market Value ( USD | $ 1.7 Billion |
Forecasted Market Value ( USD | $ 4.66 Billion |
Compound Annual Growth Rate | 11.8% |
Regions Covered | Global |
No. of Companies Mentioned | 8 |