According to a new report from Future Market Insights, the liposuction surgery devices market that has reached US $2.7 million in 2022 is expected to touch US$ 7.2 million from 2022 to 2032. The market is expected to expand at a 11.6% value CAGR by 2032. With advancements in plastic surgery, advanced minimally-invasive liposuction devices were introduced. Laser liposuction in NYC is a safe and effective alternative to surgical liposuction. Plastic surgeons in Manhattan perform this minimally invasive procedure using FDA-approved SmartlipoTriplex technology.
From 2016-2021 a CAGR of 11.1% was registered for the liposuction surgery devices market. Key factors driving the growth of the market include
- increasing number of men and especially women who want get in shape and remove excess fat
- increasing public awareness about obesity and consequent health related problems
- availability of safe liposuction treatment
Factors that can restrain the growth include minor complications like bad bruising, swelling, numbness, baggy or rippled skin (rare case). However, an increase in R&D activities by market players with the goal of developing advanced and diverse product portfolios is likely to provide new opportunities for global liposuction surgery devices market growth.
The liposuction surgery devices market is categorized on the basis of Product Type, Technology, End-user, and Region. By product type, the market includes stand-alone and portable liposuction surgery devices.
Based on technology, the market is segmented into
- Suction-Assisted Liposuction
- Ultrasound-Assisted Liposuction
- External ultrasound-assisted liposuction
- Power-Assisted Liposuction
- Laser-Assisted Liposuction
- Water-Assisted Liposuction
- Twin Cannula-Assisted Liposuction
- Tumescent Liposuction
- Aspirator Devices
- RF-Assisted Liposuction
Smartlipo laser liposuction treatments are ideal for both the face and body. The FDA-approved minimally invasive Smartlipo Triplex workstation utilizes three unique laser wavelengths (1440, 1064 and 1320 nm) to effectively address the patient’s body contouring needs. The procedure can effectively treat stubborn fat in various body areas such as abdomen, thighs, buttocks, legs, arms, face, knees, and more.
End-users of this market include Hospitals, Ambulatory surgical centers, and Cosmetic surgical centers.
By region, the market is divided in to North America, Latin America, Europe, South Asia, East Asia, Oceania, Middle East and Africa. North America is expected to be the most opportunistic with a 31.5% share of the total market. Growth of the market in this region is credited to – increased adoption of modern technologies, the presence of numerous industry players, increasing prevalence of obesity and growing demand for fat loss solution. Liposuction is the most common cosmetic operation in North America and UK. Report highlights that over 400,000 procedures are carried out each year in the U.S.
Owing to an increase in number of cosmetic surgeries, Europe is expected to provide immense growth opportunities for the liposuction surgery devices market. Increasing focus on physical appearance and demand for technologically advanced products can increase the demand for liposuction surgery. Market growth in this region is also attributed to continuous R&D investment, rising disposable income, and purchasing power of individuals, and rising demand for cosmetic procedures.
Increased awareness among people about the benefits of liposuction, increased disposable income and rising demand for targeted surgery within the fashion and movie industry, medical tourism and the growing healthcare industry, and advancements in surgical techniques in the region are contributing to the growth of the Asia Pacific market. Increasing focus on physical appearance and demand for technologically advanced products in India, China, and South Korea are the factors due to which the market in East Asia and South Asia is expected to show lucrative growth.
Key countries profiled include U.S., Canada, Mexico, Brazil, Germany, Italy, France, U.K, Spain, China, Japan, South Korea, India, Malaysia, Singapore, Thailand, Australia, New Zealand, GCC, South Africa, and Israel.
Key players profiled in the report include Solta Medical, Cynosure Inc., Sciton Inc., Wells Johnson Co., Invasix Ltd, Zeltiq Aesthetics Inc., VaserLipo, Smart Lipo, Pro Lipo, Body Tite, Cool Sculpt, and Liposonix.