Press Release Description
Global Body Contouring Market to Flourish at a CAGR of Around 13.19% During 2024-30
The Global Body Contouring Market is projected to grow at a CAGR of about 13.19% during the forecast period of 2024-30, cites MarkNtel Advisors in the recent research report. As obesity rates climb around the world, people are searching for solutions to lose extra fat deposits and get the body type and appearance they desire. Because obesity not only compromises a person's quality of life and self-esteem but also puts their health in jeopardy, it makes body modification procedures more necessary. With advancements in medical aesthetics and technology, body contouring has become an effective means of reducing bothersome fat areas and improving body outlines without the need for invasive surgery. The increased pressure to have a toned and fit physique as societal norms and beauty standards shift is another factor driving the need for body modification treatments.
One of the main obstacles that the Global Body Contouring Market must overcome is the possibility of negative outcomes and problems from some operations, especially invasive surgical methods. Even though body contouring procedures are now safer and more successful due to technological and procedural developments, there are still inherent dangers associated with the procedure, such as infection, hemorrhage, scarring, asymmetry, and unfavorable aesthetic consequences. Compared to non-invasive and minimally invasive alternatives, invasive surgical procedures, including liposuction, abdominoplasty (tummy tucks), and body lifts, have a greater risk profile, which may discourage some patients from obtaining treatment.
Moreover, a significant trend in the body contouring industry is the growing integration of cutting-edge technology and procedures. As technology develops further, creative solutions are being created to solve a range of aesthetic issues and enhance the results of body reshaping treatments. Technological developments in robotics, artificial intelligence (AI), and digital imaging are improving body contouring treatments' precision, safety, and adaptability. This makes it possible to create more specialized and individualized methods to meet the demands and preferences of each patient. The Global Body Contouring Market is expanding and innovating due to the tendency toward integrating sophisticated technology and procedures, which provides patients with more satisfying, safe, and effective treatment alternatives, further states the research report, “Global Body Contouring Market Analysis, 2024.”
Segmentation Analysis
Non-type Contouring Segment Holds Major Market Share
Based on application, the market is further bifurcated into Non-Type Contouring, Minimally Invasive Contouring, and Invasive Contouring. Non-type contouring leads the Global Body Contouring Market. The number of non-type contouring procedures has increased significantly in the past few years for a variety of reasons, including patient demand for less intrusive and safer alternatives to standard surgical methods. Without requiring surgery or lengthy recovery periods, technologies including cryolipolysis (fat freezing), radiofrequency therapy, ultrasound therapy, and laser therapy provide efficient ways to reduce stubborn fat deposits, tighten skin, and improve body contours. Many patients who want to improve their appearance with less discomfort, downtime, and the risk of problems find these non-invasive treatments appealing.
Furthermore, technological and scientific developments have sparked the creation of increasingly complex and adaptable non-invasive tools and methods, which have increased the acceptance and appeal of non-invasive body contouring operations throughout the world. Because it provides patients with convenient, safe, and effective options for reaching their cosmetic goals, the non-type contouring segment of the body contouring market is well-positioned to maintain its leadership position.
North America Leading the Body Contouring Industry
The Global Body Contouring Market is dominated by North America. The area has contributed significantly to the expansion of the body contouring industry since it has a strong demand for aesthetic operations, a solid healthcare infrastructure, and a high level of disposable income. Demand for body contouring treatments has increased in North America because of factors like rising obesity rates, a growing emphasis on physical beauty, and the influence of celebrity culture.
The region's market is expected to grow at an even faster rate due to the increased acceptance of minimally invasive and non-invasive treatments, regulatory approvals, and technological advancements. The existence of significant market participants, cutting-edge research facilities, and a pro-business regulatory climate have also helped to make North America a leader in the Global Body Contouring Market.
Competitive Landscape
With strategic initiatives such as mergers, collaborations, and acquisitions, the leading market companies, including Lumenis Be Ltd., Alma Lasers, Allergan Aesthetics, Asclepion Laser Technologies, Cutera, Inc., Erchonia Corporation, Hologic, Inc., Inmode Aesthetic Solutions, Sciton Inc., Dominion Aesthetic Technologies, Inc., Candela Corporation, Fotona, and others are looking forward to strengthening their market positions.
Key Questions Answered in the Research Report
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What key factors would propel and impede the industry across the globe?
- How has the industry been evolving in terms of geography & solution adoption?
- How has the competition been shaping up across the regions?
- How have buying behavior, customer inclination, and expectations from product manufacturers been evolving during 2019-30?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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