PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1359575
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1359575
Liposuction Devices Market size is set to expand at 11.3% CAGR from 2023 to 2032, attributed to the growing prevalence of lifestyle diseases, such as obesity, type 2 diabetes, and heart diseases along with the rising interest in weight management and aesthetic enhancement solutions. Liposuction has emerged as an effective method for fat reduction and body contouring as it addresses both health and cosmetic concerns. The urgent need to manage lifestyle-related health issues and achieve desired physical appearances is also surging the demand for liposuction procedures and devices.
Moreover, the inclusion of liposuction services in multi-specialty healthcare facilities has made the procedure more accessible and convenient for patients. To that end, several industry players are taking up strategic initiatives for the development of dermatological and cosmetic sectors. For instance, in December 2022, BGL, a well-known investment banking and financial advice organization, partnered with Pinnacle Dermatology and Synergy Plastic Surgery, a renowned plastic surgery facility to reinforce its commitment in building its national presence.
The liposuction devices industry is categorized into product type, technology, end-use, and region.
Based on product, the standalone liposuction devices market is projected to gain significant traction between 2023 and 2032. Surgeons prefer standalone systems as they are portable, efficient, and require less extensive infrastructure compared to integrated systems. Devices, such as laser-assisted and ultrasound-assisted liposuction machines enable precise fat removal and minimize patient discomfort. Moreover, the surging demand for standalone liposuction devices driven by the increasing acceptance of minimally invasive body contouring procedures will reinforce the industry growth.
In terms of end-use, the liposuction devices market from the cosmetic surgical centers segment is anticipated to generate considerable revenue share by the end of 2032. Cosmetic surgical centers are largely investing in cutting-edge liposuction devices to provide safe and effective treatments for attracting the growing clientele. The high availability of advanced technologies, experienced medical staff, and the steered focus on patient satisfaction are also likely to influence the segment growth.
Europe liposuction devices industry is slated to record substantial growth through 2032. Increasing concerns about body image and the strong desire for non-invasive and minimally invasive cosmetic procedures have boosted the demand for liposuction devices across the continent. According to estimates, between 2020 and 2035, obesity in Europe is projected to rise by over 7% among women and more than 13% among men. These rising obesity rates will contribute to the increasing acceptance of liposuction devices as fat-reduction methods. Moreover, rising advancements in technology, stringent safety regulations, and the well-established healthcare infrastructure will also augment the regional industry outlook.