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Market Research Report

Global Liposuction Surgery Devices Market by Product Type (Standalone & Portable Liposuction Surgery Devices), by Technique (Radio Frequency, Laser Assisted & Ultrasound Assisted Liposuction), by End-Users (Clinics, Hospitals, Medical Institutions, Cosmetic Surgical Centers) With Forecast 2016-2024

Published On : 2018-03-06 Report Page : 290 Category: Healthcare

Global Liposuction Surgery Devices Market 

Market Overview

Liposuction market is majorly driven by medical tourism as some patients, particularly those undergoing plastic surgery, sex change procedures, and drug rehabilitation; choose to go to medical tourism destinations because they are more confident that their privacy and confidentiality will be protected in a faraway setting. Vaser Lipo, Smart Lipo, Pro Lipo, Body Tite, Cool Sculpt and Liposonix hold sizeable market share in the manufacturing of Liposuction machines. An important development in this market is the advent of CoolSculpting, which is a non-surgical procedure that freezes and destroys fat through a controlled device. The procedure has gained high popularity as it is minimally invasive and less painful. Established plastic surgery facilities in NYC utilize advanced techniques such as FDA-approved, safe Smartlipo Triplex to perform the treatment.

Goldstein Research analyst forecast the liposuction market size is set to increase at a CAGR of 7.5% over the forecast years. Technological advancement in liposuction surgery devices has led to the removal of a large number of fat cells with less blood loss, risk, discomfort and shorter recovery periods.

Covered In This Global Liposuction Surgery Devices Market Report        

The report covers the present ground scenario and the future growth prospects of the Liposuction market for 2016-2024 along with the data of sales of total number of liposuction devices worldwide. We calculated the market size and revenue share on the basis of revenue generated from major players across the globe. The liposuction market is forecasted on the basis of revenue analysis, product benchmarking and strategic developments of key market players.

Global Liposuction Surgery Devices Market Segmentation

By Technique

  • Laser Assisted Liposuction
  • Radio Frequency Assisted Liposuction
  • Ultrasound Assisted Liposuction
  • Other Techniques (Aspirator Devices, Tumescent Liposuction, Twin Cannula Assisted, etc)

By Product Type

  • Standalone Liposuction Surgery Devices
  • Portable Liposuction Surgery Devices

By End User

  • Hospitals
  • Cosmetic Surgical Centers
  • Ambulatory Surgery Centers

Based on Geography

  • North America (U.S. & Canada) Liposuction Market {Market Share (%), Market Size (USD Billion)}
  • Latin America (Brazil, Mexico, Argentina & Rest of Latin America) Liposuction Market {Market Share (%), Market Size (USD Billion)}
  • Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden & RoE) Liposuction Market {Market Share (%), Market Size (USD Billion)}
  • Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) Liposuction Market {Market Share (%), Market Size (USD Billion)}
  • Middle East & Africa (GCC, South Africa, North Africa, RoMEA) Liposuction Market {Market Share (%), Market Size (USD Billion)}

Based on technique, laser assisted liposuction market dominated the liposuction market with the market share of 32% in 2016 owing to rising awareness about the benefits of laser-assisted liposuction technique as laser liposuction helps in attaining tighter and smoother skin and causes minimal bruising and swelling. Power assisted liposuction technique tends to grow at the considerable rate of 7.65% over the forecast period owing to less invasive tactics and less after surgery effects.     

Liposuction Surgery Devices Market Outlook 2016-2024, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the global Liposuction Market. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. Global Liposuction surgery devices market report also recognizes value chain analysis to understand the cost differentiation to provide competitive advantage to the existing and new entry players.

Our global Liposuction Market report comprises of the following companies as the key players: Alma Lasers, Cynosure, Erchonia, Genesis Biosystems, Valeant Pharmaceuticals, Solta Medical, Sciton Inc., Wells Johnson Co, Invasix Ltd, Zeltiq aesthetics Inc.

According to our global market study on the basis of extensive primary and secondary research:  “One trend is the rising medical tourism initiatives that favors body sculpturing market. Around 8-9 million patients from across the world travel overseas each year to avail treatment. The worldwide medical tourism market is growing at a rate of 15-25%. Singapore, Latin America, Costa Rica, Panama, India, South Korea and Malaysia are the most thriving medical tourism center worldwide.”

According to the report, major driving factor is the rapid increase in the obese cases worldwide. According to WHO, obesity has tripled by three times since 1975, while in 2016, more than 1.9 billion adults, 18 years and older, were overweight and of these over 650 million were obese. Most of the world's population live in countries where overweight and obesity kills more people than underweight.

Further, the report states the biggest challenge is to overcome the burgeoning cost of product development. Besides technology and government regulations, medical service providers evaluate new products based on its price as against factors like patient experience.

Based on geography, North America leads the liposuction surgery devices market and accounted for the market share of around 55% in 2016 owing to trained plastic surgeons and increased awareness about cosmetic surgery has made liposuction a popular plastic surgical operation. In US, around 3,41,000 liposuction procedures were performed. APAC is the fastest growing liposuction surgery devices market registering the growing CAGR of 7.7% over the forecast years attributed to the fact that most of the device providers are in APAC countries such as Singapore, India, Taiwan, Malaysia, South Korea, and Thailand.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Key questions answered in this liposuction surgery devices market report

  • What is the total market size by 2024 and what would be the expected growth rate of market?
  • What is the revenue of Liposuction in 2015-16 and what would be the expected demand over the forecast period?
  • What are the key market trends?
  • What are the factors which are driving this market?
  • What are the major barriers to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities for the existing and entry level players?
  • What are the recent developments and business strategy of the key players?

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Global Liposuction Surgery Devices Market by Product Type (Standalone & Portable Liposuction Surgery Devices), by Technique (Radio Frequency, Laser Assisted & Ultrasound Assisted Liposuction), by End-Users (Clinics, Hospitals, Medical Institutions, Cosmetic Surgical Centers) With Forecast 2016-2024

A complementary 2hrs free facility through which report buyers can interact with our pool of experienced analysts for any report related queries, clarifications or additional data requirements

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A complementary 2hrs free facility through which report buyers can interact with our pool of experienced analysts for any report related queries, clarifications or additional data requirements