The global liposuction surgery devices market size was valued at USD 2.5 billion in 2021, and is predicted to be worth around USD 7.4 billion by 2030, registering a CAGR of 12.2% during the forecast period 2022 to 2030.
Growth Factors
Increased awareness regarding new cosmetic treatments in the developed economies, such as North America is one of the major driving factors of the liposuction surgery devices. In addition, the integration of modern technology and the adoption of technologically advanced surgical devices is fueling market growth.
The growing demand for cosmetic surgeries across the globe is another driving factor of this market. Lipoplasty is one of the common cosmetic surgeries witnessed in the United States. Annually, more than 3,00,000 liposuction surgeries are operated with an approximate cost of $2000-3500. The high disposable income of consumers is another driving factor for the growth of liposuction surgery in North America. These factors are expected to propel industry growth.
The COVID-19 pandemic has had a considerable impact on the market. Restrictions on movement and stay-at-home orders are helping reduce the spread of COVID-19. It has created obstacles in medical device manufacturing as the supply chains are disrupted due to the restrictions on borders. Also, the shift of focus from liposuction surgery devices to medical devices used for COVID-19 treatment has resulted in unintended consequences that may potentially disrupt the growth of the market.
Report Coverage
Report Scope | Details |
Market Size | US$ 7.4 billion by 2030 |
Growth Rate | CAGR of 12.2% From 2022 to 2030 |
Largest Market | North America |
Base Year | 2021 |
Forecast Period | 2022 to 2030 |
Segments Covered | Product type, Technology |
Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
Companies Mentioned | Solta Medical; Cynosure Inc.; Sciton Inc.; Wells Johnson Co; Invasix Ltd; Zeltiq aesthetics Inc.; Alma Lasers; Genesis Biosystems, Inc.; YOLO Medical Inc.; InMode Ltd.; Apyx Medical Corporation; MicroAire Surgical Instruments, LLC |
By Product Type Analysis
By product type, the market is categorized into portable and standalone liposuction surgery devices. The portable liposuction surgery devices segment is expected to expand at the fastest CAGR of 12.9% over the forecast period.
The segment held the largest share of about 61% in 2021, owing to the ease of use of these products. Reasonable rates and rising technological advancements are also promoting growth.
Growing awareness about the benefits offered by these devices is also driving their demand. Portable liposuction surgery accessories are convenient to use. They are well organized and can be easily plugged in and operated in surgeries.
By Technology Analysis
The laser-assisted liposuction (LAL) segment dominated the market with a 22% revenue share in 2021. It is expected to continue leading over the forecast period owing to the increased adoption of the technology due to its benefits such as a quick and effective way of removing body fat.
The ultrasound-assisted liposuction (UAL) segment on the other hand is expected to register a significant CAGR of 12.1% over the forecast period. The main factor driving the growth of the segment is the integration of ultrasound technology in modern lasers.
By Regional Analysis
North America dominated the market with 36.14% of the revenue share in 2021 owing to the increased adoption of modern technologies and the presence of numerous industry players in the region. The rising demand for fat loss solutions due to the high prevalence of obesity is expected to drive the demand for liposuction surgery.
The Asia Pacific region is anticipated to register at a faster CAGR of 13.9% over the forecast period. The increased awareness among people about the benefits of liposuction is contributing to the growth of the region.
Key Players
Alma Lasers
Solta Medical
InMode
Apyx Medical Corporation
Genesis Biosystems, Inc.
Cynosure Inc.
MicroAire Surgical Instruments, LLC
Market Segmentation
By Product Type
Stand-alone Liposuction Surgery Devices
Portable Liposuction Surgery Devices
By Technology
Tumescent Liposuction
Ultrasound-assisted Liposuction (UAL)
Laser-assisted Liposuction (LAL)
Power-assisted Liposuction (PAL)
BodyJet or Water Assisted Liposuction (WAL)
Jplasma
Others
Suction-Assisted Liposuction
Twin Cannula-Assisted Liposuction
RF-Assisted Liposuction
Regional
North America
U.S.
Canada
Europe
U.K.
Germany
France
Spain
Italy
Asia Pacific
India
Japan
China
Australia
South Korea
Latin America
Brazil
Mexico
Argentina
Middle East & Africa
South Africa
Saudi Arabia
UAE
The liposuction surgery devices market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of liposuction surgery devices market for the base year 2022 and the forecast between 2022 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global liposuction surgery devices market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the liposuction surgery devices market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted liposuction surgery devices market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the liposuction surgery devices capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of liposuction surgery devices by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global liposuction surgery devices market. These figures have been provided in terms of both revenue and volume for the period 2019 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major liposuction surgery devices market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of liposuction surgery devices market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the liposuction surgery devices industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
liposuction surgery devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to liposuction surgery devices market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of liposuction surgery devices market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new liposuction surgery devices market. These factors have benefited the growth of the global market for liposuction surgery devices. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for liposuction surgery devices. The global market is segmented on the basis of region, application, end-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).
In this study, the years considered to estimate the market size of liposuction surgery devices are as follows:
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
Research Methodology:
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
The study objectives of this report are:
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Liposuction Surgery Devices Market, By Product
7.1. Liposuction Surgery Devices Market, by Product, 2021-2030
7.1.1. Stand-alone Liposuction Surgery Devices
7.1.1.1. Market Revenue and Forecast (2019-2030)
7.1.2. Portable Liposuction Surgery Devices
7.1.2.1. Market Revenue and Forecast (2019-2030)
Chapter 8. Global Liposuction Surgery Devices Market, By Application
8.1. Liposuction Surgery Devices Market, by Application, 2021-2030
8.1.1. Tumescent Liposuction
8.1.1.1. Market Revenue and Forecast (2019-2030)
8.1.2. Ultrasound-assisted Liposuction (UAL)
8.1.2.1. Market Revenue and Forecast (2019-2030)
8.1.3. Laser-assisted Liposuction (LAL)
8.1.3.1. Market Revenue and Forecast (2019-2030)
8.1.4. Power-assisted Liposuction (PAL)
8.1.4.1. Market Revenue and Forecast (2019-2030)
8.1.5. BodyJet or Water Assisted Liposuction (WAL)
8.1.5.1. Market Revenue and Forecast (2019-2030)
Chapter 9. Global Liposuction Surgery Devices Market, Regional Estimates and Trend Forecast
9.1. North America
9.1.1. Market Revenue and Forecast, by Product (2019-2030)
9.1.2. Market Revenue and Forecast, by Application (2019-2030)
9.1.3. U.S.
9.1.3.1. Market Revenue and Forecast, by Product (2019-2030)
9.1.3.2. Market Revenue and Forecast, by Application (2019-2030)
9.1.4. Rest of North America
9.1.4.1. Market Revenue and Forecast, by Product (2019-2030)
9.1.4.2. Market Revenue and Forecast, by Application (2019-2030)
9.2. Europe
9.2.1. Market Revenue and Forecast, by Product (2019-2030)
9.2.2. Market Revenue and Forecast, by Application (2019-2030)
9.2.3. UK
9.2.3.1. Market Revenue and Forecast, by Product (2019-2030)
9.2.3.2. Market Revenue and Forecast, by Application (2019-2030)
9.2.4. Germany
9.2.4.1. Market Revenue and Forecast, by Product (2019-2030)
9.2.4.2. Market Revenue and Forecast, by Application (2019-2030)
9.2.5. France
9.2.5.1. Market Revenue and Forecast, by Product (2019-2030)
9.2.5.2. Market Revenue and Forecast, by Application (2019-2030)
9.2.6. Rest of Europe
9.2.6.1. Market Revenue and Forecast, by Product (2019-2030)
9.2.6.2. Market Revenue and Forecast, by Application (2019-2030)
9.3. APAC
9.3.1. Market Revenue and Forecast, by Product (2019-2030)
9.3.2. Market Revenue and Forecast, by Application (2019-2030)
9.3.3. India
9.3.3.1. Market Revenue and Forecast, by Product (2019-2030)
9.3.3.2. Market Revenue and Forecast, by Application (2019-2030)
9.3.4. China
9.3.4.1. Market Revenue and Forecast, by Product (2019-2030)
9.3.4.2. Market Revenue and Forecast, by Application (2019-2030)
9.3.5. Japan
9.3.5.1. Market Revenue and Forecast, by Product (2019-2030)
9.3.5.2. Market Revenue and Forecast, by Application (2019-2030)
9.3.6. Rest of APAC
9.3.6.1. Market Revenue and Forecast, by Product (2019-2030)
9.3.6.2. Market Revenue and Forecast, by Application (2019-2030)
9.4. MEA
9.4.1. Market Revenue and Forecast, by Product (2019-2030)
9.4.2. Market Revenue and Forecast, by Application (2019-2030)
9.4.3. GCC
9.4.3.1. Market Revenue and Forecast, by Product (2019-2030)
9.4.3.2. Market Revenue and Forecast, by Application (2019-2030)
9.4.4. North Africa
9.4.4.1. Market Revenue and Forecast, by Product (2019-2030)
9.4.4.2. Market Revenue and Forecast, by Application (2019-2030)
9.4.5. South Africa
9.4.5.1. Market Revenue and Forecast, by Product (2019-2030)
9.4.5.2. Market Revenue and Forecast, by Application (2019-2030)
9.4.6. Rest of MEA
9.4.6.1. Market Revenue and Forecast, by Product (2019-2030)
9.4.6.2. Market Revenue and Forecast, by Application (2019-2030)
9.5. Latin America
9.5.1. Market Revenue and Forecast, by Product (2019-2030)
9.5.2. Market Revenue and Forecast, by Application (2019-2030)
9.5.3. Brazil
9.5.3.1. Market Revenue and Forecast, by Product (2019-2030)
9.5.3.2. Market Revenue and Forecast, by Application (2019-2030)
9.5.4. Rest of LATAM
9.5.4.1. Market Revenue and Forecast, by Product (2019-2030)
9.5.4.2. Market Revenue and Forecast, by Application (2019-2030)
Chapter 10. Company Profiles
10.1. Alma Lasers
10.1.1. Company Overview
10.1.2. Product Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. Solta Medical
10.2.1. Company Overview
10.2.2. Product Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. InMode
10.3.1. Company Overview
10.3.2. Product Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. Apyx Medical Corporation
10.4.1. Company Overview
10.4.2. Product Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. Genesis Biosystems, Inc.
10.5.1. Company Overview
10.5.2. Product Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. Cynosure Inc.
10.6.1. Company Overview
10.6.2. Product Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. MicroAire Surgical Instruments, LLC
10.7.1. Company Overview
10.7.2. Product Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
Chapter 11. Research Methodology
11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions
Chapter 12. Appendix
12.1. About Us
12.2. Glossary of Terms