Body Contouring Devices Market Size Worth $4.5 Billion by 2025: Grand View Research, Inc.

The global body contouring devices market size is expected to reach USD 4.5 billionby 2025 at a 13.8%CAGR over the forecast period. The global body contouring procedures market size, on the other hand, is expected to value USD 9.3 billion by 2025, expanding at a CAGR of 7.7% from 2018 to 2025, according to a new report by Grand View Research, Inc, Increased awareness regarding noninvasive and minimally invasive body contouring procedures is expected to drive the devices market in next few years.

Key suggestions from the report:

• Improved accessibility to aesthetic procedures and enhanced safety due to minimally and noninvasive procedures are expected to drive the market
• Noninvasive devices segment accounted for the highest market share and is expected to maintain lucrative growth during the forecast period due to the advent of new devices
• Others segment is expected to observe the fastest growth due to technological advancement and noninvasive nature of these procedures. They also feature contact cooling technology that minimizes discomfort.
• Clinics and spa centers segment accounted for the highest market share due to the availability of technologically advanced devices and reduced risks of hospital-acquired infections
• North America accounted for the largest share of the body contouring devices market in 2017. The region is expected to maintain its dominance during the forecast period owing to the presence of major companies and availability of well-equipped aesthetic clinics and spa centers
• Some of the key companies in the global body contouring devices and procedure market are Cynosure, Inc.; Alma Lasers Ltd.; Allergan PLC; Syneron Medical Ltd.; Bausch Health Companies, Inc.; and Lumenis Ltd.

Aging baby boomers and introduction of advanced products by the market players are other drivers of the market. In addition, advantages associated with body contouring procedures is expected to augment the market growth. Body contouring procedures help remove excess body fat and significantly affect the person’s quality of life both functionally and aesthetically.

Entry of new products in developing region is likely to propel the market growth during the forecast period. For instance, in April 2018, Alma Lasers launched hands free body contouring solution, Accentuate, during Aesthetic & Anti-aging Medicine World Congress (AMWC) in Monaco.- Business Insider