Delray Beach, FL, Nov. 06, 2024 (GLOBE NEWSWIRE) — The global buy body contouring treatments The growth is projected to turn from USD 1.46 billion in 2024 to USD 2.58 billion by 2029, due to a CAGR of 10.0%. from 2024 to 2029. Over the years, these body contouring treatments have evolved significantly, focusing on improved patient safety and reduced follow-up. These innovations coupled with reduced downtime and increasing awareness of body contouring procedures, have driven the market growth. As healthcare advances, body contouring devices contribute to improved outcomes with improved safety profiles for both patients and operators. The use of body contouring devices for a wide range of applications continues to drive innovation and breakthroughs in different fields, benefiting humanity in many ways.
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The body contouring treatments market is segmented on the basis of technology into invasive and non-invasive technologies—the non-invasive segment is expected to hold a significant market share in 2023. Reduced risk of complications and growing awareness of the benefits of non-invasive procedures are driving the growth of this of the department.
By request, the body contouring treatments market is segmented into non-surgical fat reduction, cellulite treatment, liposuction, abdominoplasty and other applications. In 2023, the non-surgical fat reduction segment held a significant market share in 2023. Minimal downtime and less risk compared to traditional surgery is driving the growth of this segment. The minimal downtime feature increases patient comfort leading to reduced recovery period, further supporting the market growth.
By patient type, the body contouring treatments market is segmented into male patients and female patients. In 2023, the women’s segment accounted for the largest market share in 2023. The growing desire to achieve defined body influence and social media drive the growth of this segment. The increasing number of medical spas and increasing awareness about the benefits of these procedures are further supporting the growth of the segment.
As far as end users are concerned, the body contouring treatments market is segmented into hospitals, beauty clinics, and medical spas and beauty centers. The largest market share was contributed by the hospital segment in 2023. Growing funding opportunities and growing focus on healthcare research by both private and public entities are fueling the market growth. Additionally, the growing number of aesthetic clinics and the increase in financing opportunities in recent years are supporting the growth of the end-user segment.
The body contouring treatments market is segmented by region into Europe, North America, Asia Pacific, Latin America, and Middle East & Africa. In 2023, North America region held the largest market share, followed by Europe and Asia Pacific. The significant share of North America in this market is attributed to the strong presence of key factors, increasing number of obesity cases, increasing medical tourism. Factors such as increasing healthcare expenditure and increasing popularity for various aesthetic treatments support the growth of the market in the region.
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The market for body contouring treatments is competitive. As of 2023, the key players operating in the global body contouring treatments market are AbbVie Inc. (USA), InMode Ltd. (Israel), Bausch Health Companies Inc. (Canada), Cynosure Lutronic (USA), Sisram Medical Ltd (Israel). The leading players in this market have adopted key strategies such as partnerships, acquisitions and expansions over the last four years. In 2023, AbbVie Inc. (USA), InMode Ltd. (Israel), Bausch Health Companies Inc. (Canada) held a significant share of the body contouring treatments market.
AbbVie Inc. (USA):
Abbvie Inc. is among the leading companies in the global body contouring treatments market. AbbVie has a direct distribution network that spans multiple continents. The company operates in North America, Europe, Asia Pacific, Latin America and the Middle East through its subsidiaries. The company offers body contouring devices through other aesthetic divisions. The company focuses on strengthening its product portfolio and continuous innovation and new product development to maintain its market leadership position.
Bausch Health Companies Inc. (Canada):
Bausch Health Companies Inc. (Bausch) is a multinational pharmaceutical and medical device company that develops, manufactures and markets a wide range of healthcare products. The company offers medical aesthetic products, including body contouring devices through its Solta Medical division. The company has a geographic presence in more than 90 countries and territories, including the US, Canada, Europe, the Middle East, Africa, Asia Pacific and Latin America. Bausch currently operates approximately 35 production facilities worldwide, of which 24 are Bausch + Lomb facilities. Bausch Health Companies Inc. has a strong brand value among end-users of body contouring devices, strong R&D capabilities and a strong product portfolio.
Inmode Ltd. (Israel):
Inmode Ltd. is another major player operating in the body contouring treatments market. It offers innovative aesthetic solutions and provides body contouring products to the capital equipment revenue segment. The company is committed to research and development to create and market new tools that improve patient outcomes. In June 2022, InMode Ltd. has partnered with Clinisept+ to provide the best skin restoration with minimal patient downtime. The company has global business offices in the US and Canada, Latin America, Europe, the Middle East, Africa, Asia Pacific, Australia and New Zealand, France and Italy.
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