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Thursday, September 30, 2021

Global Body Contouring Market to be Driven by the Increasing Prevalence of Obesity in the Forecast Period of 2021-2026

The new report by Expert Market Research titled, ‘Global Body Contouring Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global body contouring market, assessing the market based on its segments like invasiveness, end-use, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.

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The key highlights of the report include:

Market Overview (2016-2026)

  • Historical Market Size (2020): USD 6.5 Billion
  • Forecast CAGR (2021-2026): 6.7%
  • Forecast Market Size (2026): USD 9.6 Billion

The global demand is being driven by rising cases of obesity due to unhealthy lifestyles around the world. The demand for these techniques is increasing as their safety and efficacy improve, resulting in increased life expectancy. Furthermore, major companies’ product research and distribution initiatives, such as M&A and alliances, are propelling the industry forward. During the forecast period, the introduction of new products in emerging regions is expected to drive market growth.

Industry Definition and Major Segments

Body contouring is a process that involves removing excess skin and fat cells from the body to improve its appearance. Tummy tucks, man breast removal, love handle removal, and arm lifts are among the most common body contouring procedures, according to doctors and aesthetic clinics that perform these procedures.

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The market is segmented on the basis of invasiveness into:

  • Non-Invasive
  • Minimally Invasive
  • Invasive

On the basis of end-use, the industry is divided into:

  • Clinical Research Organizations
  • Hospitals
  • Medical Spa
  • Clinics

The market can be segregated into the following regions:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Market Trends

The growth of the market is being driven by the rising demand for certain body types. The demand is increasing due to the higher influence of social media and influence of celebrities.Rising competition between the key players is also aiding the market growth. Companies in this field are focusing on developing devices that are simple to use, cost-effective, and less painful. For example, in April 2017, Allergan purchased ZELTIQ Aesthetic Inc., a company that specialises in cooling fat reduction therapy. Allergan now has a CoolSculpting system in its portfolio as a result of this purchase. Key developments like this are expected to drive the growth of the market over the forecast period.

Key Market Playersand

The major players in the market are Cynosure, Candela Corporation, Lumenis Ltd., Alma Lasers, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

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Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Media Contact

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Contact Person:-Ian Bell, Business Consultant
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**We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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