Views: 433 Author: Site Editor Publish Time: 2023-01-28 Origin: Site
The global body shaping equipment market is expected to increase from USD 5.76 billion in 2021 to USD 12.6 billion by 2027, at a CAGR of 13.96% during 2022- 2027. Growing demand for medical aesthetic treatments is driving the growth of the body sculpting devices market. Medical aesthetics is one of the rapidly growing industries, as the aging population and introduction of advanced procedures provide new growth opportunities for the market. Micro-needling and skin tightening treatments are among the fastest-growing medical aesthetic treatments globally.
Body sculpting devices are designed to improve the appearance of the body. Body contouring treatments are MI and non-invasive surgical procedures that improve body shape and skin texture, such as skin firming, resurfacing, and other benefits. These procedures require highly skilled medical professionals. Tummy tuck or liposuction, male mastectomy, and arm lifts are some of the procedures performed with body sculpting equipment.
Key Drivers of Body Shaping Devices Market:
Growing demand for minimally or non-invasive procedures
Continuously improving economic environment, aesthetic accessibility, and expanding practitioner base
Global Obesity Rates Rise, People Are Growing Interest in Young, Healthy Bodies
Reduce the cost of each cosmetic procedure
Widespread acceptance of cosmetic procedures and increased focus on body image and appearance
Population aging in industrialized countries
Application Insights
Non-surgical skin tightening is the leading segment in the application, holding the highest share in the global body shaping devices market, it is expected to grow at the fastest rate during the forecast period, with a CAGR of 14.81%. The increasing demand for skin tightening devices is attributed to the rising aging population, which has led to an increase in skin sagging issues and increasing concerns about skin problems. The American Society of Dermatological Surgery( ASDS) reported that approximately 70 percent of consumers considered cosmetic surgery in 2018, with 57 percent specifically considering non-surgical skin tightening treatments. The segment is also experiencing continuous technological advancements.
North America accounted for the highest market share in the global skin resurfacing market owing to the increasing adoption of advanced technological equipment, the presence of a skilled labor force, and higher disposable income. Asia Pacific is expected to grow faster over the forecast period owing to economic growth, the medical tourism market, and increasing disposable income.
The growing obese population has created tremendous opportunities and demand for liposuction/ lipolysis and cellulite treatment devices. According to the American Society of Aesthetic Plastic Surgeons( ASAPS), the non-surgical fat reduction was second only to injections in demand in 2018. However, due to the high complications associated with the surgical liposuction procedure and its high cost, many companies are focusing on developing and offering minimally invasive lipolysis devices. For example, Solta Medical and Alma Lasers of Bausch Health Companies now offer the next generation of minimally invasive liposuction systems( ultrasound and laser).
Insights by Gender
The need for non-surgical skin tightening and fat reduction is predominant among women. The most common cosmetic procedures for women with the fastest growth since 2018 include Botox, hyaluronic acid, and non-surgical fat reduction procedures. About 92 percent of American women have undergone cosmetic surgery. In comparison, only 8% of men underwent cosmetic surgery in 2020, indicating that women are the major consumers of the global body-shaping devices market.
In recent years, however, body sculpting treatments have become one of the most important procedures for men. Growing demand for jaw contouring, tummy tuck, and gynecomastia, body sculpting treatments has grown significantly in the male population over the past few years.
Insights by age group
The 35 50- year- old age group dominates the global body shaping devices market in this age group segment. This age group seeks the most cosmetic procedures such as liposuction, belly fat reduction, and breast reduction. The 35- 50 age group is expected to grow at the highest CAGR of 14.35% during the forecast period. In contrast, antiaging surgical and nonsurgical procedures to reduce wrinkles and rejuvenate the face were most popular among those under 34.
* https://www.arizton.com/market-reports/body-contouring-devices-market