Body Contouring Devices and Procedures Market Top Key Players:
Some of the prominent players in the global
body contouring devices and procedures market are Cynosure, Inc., Alma Lasers,
Alleragan, Syneron Medical Ltd, Bausch Health Companies, Inc, Lumenis, Merz
Pharma GmbH & Co., Palomar Medical Technologies Inc., Sound Surgical
Technologies LLC., Zeltiq Aesthetics, Chromogenex Technologies LTD, UltraShape
Ltd, Fotona, Misonix Inc., Medicis Pharmaceutical Corporation, Sientra Inc.,
Invasix Ltd, Erchonia Inc, Lutronic.
Market Highlights:
The Global Body Contouring Devices and
Procedures Market held a market value of USD 2,103 million in 2017 and is
projected to grow at a CAGR of 6.6% over the forecast period.Body contouring is
a altering the body part by improving the appearance. It involves the removal or
transfer of fat to the body.
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Due to increasing prevalence of obesity
across the globe many of the companies are in the race to introduce better
treatment for obesity. Companies are using a trend of strategic alliance and
acquisition to gain the market and minimize the competition in the market.
Additionally, the growing research and
development expenditure by the government as well as private sector is likely
to contribute to the market growth. As per the data by the Office for National
Statistics, in 2016, the gross domestic expenditure on research and development
(R&D) was Euro 33.1 billion (USD 35.2 billion) in the UK. However, the high
cost of urgery with advanced technologies may hamper the market growth during
the assessment period.
Regional Analysis:
On regional basis, the Americas is
anticipated to dominate the Global Body
Contouring Devices and Procedures Market owing to the growing
R&D budgets by both government as well as commercial pharmaceutical and
biotechnological companies and increasing adoption of advanced technologies in
the region. Europe is expected to hold the second largest position in the
global body contouring devices and procedures market owing to the presence of
strong academic & research base and availability of funding for research in
the European countries. Asia Pacific has served an opportunity for developing
body contouring market in this region due to increasing demand for the better
treatment and devices and increasing prevalence of disease like diabetes and
obesity. The Middle East & Africa has the least share of the global body
contouring devices and procedures market. Moreover, the major market share of
the region is expected to be held by the Middle East region owing to the
increasing government initiatives for the healthcare sector.
Segmentation:
The global body contouring devices and
procedures market has been segmented into type, procedure, and end user. By
type, the market has been segmented into non-invasive & minimally invasive
devices and invasive devices. The non-invasive & minimally invasive devices
segment is estimated to hold major market share in the global body contouring
devices and procedures market due to the huge investments by major market
players for the development of advanced technologies and equipment.
Based on procedure, the market has been
segmented into non-surgical skin resurfacing, non-surgical skin tightening,
cellulite treatment, liposuction, and others. The market, by end user, has been
segmented into hospitals & clinics, research institutes & Organization,
and others.
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Table Of Contents:
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
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