The latest report by IMARC Group, titled “Body Contouring Market Research Report: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, finds that the global body contouring market size reached US$ 6.1 Billion in 2018. Body contouring is a procedure that aids in altering and contouring the shape of the human body after a significant amount of weight loss. It eliminates the excess fat and skin from various body parts such as chest, thighs, upper arms and lower abdomen. People undergo these procedures to attain a cosmetically desired body shape within a short time by removing sagging skin and fat while improving the shape of the underlying support tissues. They can be both invasive and non-invasive in nature. Surgical procedures include arm lifts, breast lifts and stomach lifts whereas non-invasive procedures include cryolipolysis, suction massage, ultrasound and low-level laser therapy.
Global Body Contouring Market Trends:
The increasing obese population, coupled with the heightened importance associated with aesthetics and appearances, across the globe is the primary factor driving the growth of the market. Owing to the growing influence of social media, millennials are becoming conscious about their physical appearance. Consequently, there has been a rise in dependence on various contouring products to acquire a toned physique. Apart from this, the availability of easy monthly installments (EMIs) on these procedures have made them affordable for common masses which, in turn, is contributing to the market growth. Furthermore, advancements in technologies like ultrasound cavitation, mesotherapy, infra-red technology, laser lipolysis, radiofrequency therapy, dynamic pulse control (DPC) and intense pulse light (IPL) have made these procedures more precise and effective in nature, thereby providing an impetus to the market growth. Other factors contributing to the market growth include growing urbanization, rising disposable income and the expanding medical tourism industry. On account of the aforementioned factors, the market value is expected to reach US$ 9.1 Billion, exhibiting a CAGR of 6.8% during 2019-2024.
Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/body-contouring-market/requestsample
Market Summary:
- On the basis of invasiveness, non-invasive contouring represents the most popular type. Other major segments include minimally invasive and invasive contouring.
- Based on the end use sector, the market has been categorized into clinical research organizations, hospitals, medical spas and clinics. Amongst these, clinics account for the dominant market share.
- On the geographical front, North America currently holds the majority of the total market share. Other major regions include Europe, Asia Pacific, Latin America, and Middle East and Africa.
- The competitive landscape of the market has also been studied in the report with some of the major players operating in the market being Cynosure, Meridian, Syneron Medical Ltd., Lumenis, and Alma Lasers.
Browse similar reports by IMARC Group
Global Weight Management Market Research Report and Forecast: https://www.imarcgroup.com/weight-management-market
Global Minimally Invasive Surgery Market Research Report and Forecast: https://www.imarcgroup.com/minimally-invasive-surgery-market
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Media Contact
Company Name: IMARC Group
Contact Person: Richard Lewis
Email: Send Email
Phone: 6317911145
Address:309 2nd St
City: Brooklyn
State: New York
Country: United States
Website: www.imarcgroup.com