The hospital & clinic segment accounted for around two-thirds share of the global body contouring devices market in 2017.

By -

 According to the report, the global body contouring devices market garnered $933 million in 2017 and is expected to reach $3,446 million, registering a CAGR of 17.7% from 2018 to 2025.

Increase in obesity worldwide, rise in aesthetic consciousness, and advancements in the field of body contouring facilitate the growth in the market. However, high cost related to body contouring procedures restrains market growth. On the other hand, the increase in medical tourism and untapped potential in emerging economies create new opportunities.

Body contouring devices have gained a substantial market share in recent years due to rise in obesity globally. In addition, surge in esthetic consciousness across the globe is another major factor that in turn has fueled the use of body contouring devices. Furthermore, untapped potential in the emerging markets in Asia-Pacific is anticipated to boost the market growth in the future.

End users analyzed in the research include hospitals & clinics, medical spas, and laboratories. Hospitals & clinics contributed to nearly two-thirds of the total market share in 2017 and will dominate throughout the forecast period, owing to the availability of certified staff & physicians. Geographically, Asia-Pacific is expected to grow at the highest growth rate, with a CAGR of 19.0% from 2018 to 2025, owing to rise in obesity in different countries of the region and surge in demand for body shaping devices among men in South Korea.

Key findings of the Body Contouring Devices Market:

  • The minimally invasive devices segment accounted for one-third share of the global body contouring devices market in 2017.
  • The skin tightening segment is expected to grow at the highest CAGR from 2017 to 2025.
  • The hospital & clinic segment accounted for around two-thirds share of the global body contouring devices market in 2017.
  • Europe accounted for more than one-fourth share of the global market in 2017.
  • Asia-Pacific is expected to provide lucrative growth opportunities from 2017 to 2025.

North America accounted the highest revenue share in 2017 and is expected to maintain its dominance during the forecast period. This is attributed to high purchasing power and easy availability of devices in this region. However, Asia-Pacific is expected to grow at the highest CAGR during the forecast period due to increase in affordability and rise in healthcare expenditure.

Leading market players analyzed in the report include Allergan plc, Bausch Health Companies Inc., Hologic, Inc., Shanghai Fosun Pharmaceutical Group Co., Ltd., Erchonia Corporation, MicroAire Surgical Instruments, LLC, Cutera, Inc., InMode Aesthetic Solutions, Sciton, Inc., and El.En. S.p.A. (Asclepion Laser Technologies GmbH).

Comments

Post a Comment

Popular posts from this blog

Smart pill technology is a revolutionary technological innovation that has reduced the gap between healthcare and digital technology

By -
Smart pill is a technological innovation that has bridged the unsought gap between healthcare and digital technology. The advent of novel smart pill technologies has revolutionized gastrointestinal (GI) monitoring and diagnosis techniques. Non-invasiveness, patient convenience and real time monitoring offered by smart pills boost their adoption in the treatment of numerous diseases. The growth of global smart pills technology market is supplemented by the growing adoption of capsule endoscopy, spurring demand for smart pills in GI monitoring and the rising prevalence of gastrointestinal diseases. However, factors such as high costs, limited technical know-how and low acceptance among patients (fear of ingesting electronic devices) are likely to restrain the growth of the market. Download the Sample Report @  http://bit.ly/2F4CXPW Global Smart Pills Technology Market   Report ,  published by Allied Market Research, forecasts that the global market is expected to garn...
Read more

Outsourced Orthopedic Manufacturing Market Analysis of The Current and Emerging Trends

By -
According to a new report published by Allied Market Research, titled, “Outsourced Orthopedic Manufacturing Market by Product (Raw Materials, Electronics, and Finished Goods) and Service (Prototype Development, Finished Device Manufacturing, Assembly & Packaging, and Testing & Regulatory Support Services) - Global Opportunity Analysis and Industry Forecast, 2020-2027”. The Global market size of Outsourced Orthopedic Manufacturing Market was $XX million in 2019 with XX CAGR, and it is expected to reach $XX million by the end of 2027 with a CAGR of XX% from 2020 to 2027. Click Here To Access Free Sample Report @  https://www.alliedmarketresearch.com/request-toc-and-sample/4147 The key players listed in the report include Lake Region Medical, Integer Holdings Corporation, Tecomet, Inc., Flextronics International Ltd., Jabil Circuit Inc., Celestica, Inc., Plexus Corp., Sanmina Corporation, Nortech Systems, Inc., and Heraeus Holding. Key Benefits ·  ...
Read more