Liposuction Surgery Devices Market Size & Share, by Product (Stand-Alone, Portable); Technology (Suction, Power, Water Jet, Twin Cannula, Radiofrequency, Tumescent, Aspirator Device, Laser, Ultrasound); End-user (Hospitals, Ambulatory Centers, Cosmetic Surgical Centers) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 68
  • Published Date: Feb 14, 2023
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2023-2035

Liposuction Surgery Devices Market size is poised to reach USD 7 Billion by the end of 2035, growing at a CAGR of 11% during the forecast period, i.e., 2023-2035. In the year 2022, the industry size of liposuction surgery devices was over USD 3 Billion. The growth of the market is primarily attributed to growing concern for obesity among the population and rising diseases owing to it, such as fatigue, cholesterol, heart diseases and others. The World Health Organization (WHO) stated that in 2019, almost 38.2 million children under the age of 5 years were diagnosed as obese or overweight.

Growing beauty standards in the world has increased the demand for liposuction surgeries by both men and women. This has also pushed both the men and women sections to adopt cosmetic surgeries. As a result, it is projected that the beauty industry to expand and bring lucrative growth opportunities for the market. As per a report launched in 2022, it was estimated that the global beauty industry generates more than USD 100 billion across the worldwide.


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Liposuction Surgery Devices Sector: Growth Drivers and Challenges

Growth Drivers

  • Growth in Surgical Procedures Performed – With the need for immediate beauty results, the population adopt surgical procedures for better and faster reactions. Hence, the growing desire to improve the physical appearance is expected to propel the demand of liposuction surgery device in the assessment period. In 2021, around 2 million surgical procedures were performed worldwide.
  • Soaring Amount of Money Spent on Beauty Products – The recent beauty statistics of 2022 shows that almost USD 300 are spent on beauty products by the U.S. women every month.
  • Increased Preference for Aesthetic Procedures – A statistical data revealed that Americans spent almost USD 15 billion on aesthetic procedures in 2021.
  • Prevalence of Unhealthy Images of ‘Ideal Body’ – Rising social media wave among the human population has generated unhealthy images thinking of possessing the ‘perfect zero fat’ figure. Furthermore, the pressure of maintaining the ‘ideal’ body for women is projected to generate the demand for liposuction surgery, and in turn the need for such devices to perform the surgeries, during the forecast period. It has been recorded that almost 90% of women worldwide are unhappy with their body type and resort various techniques to achieve their ideal body type. Also, over 50% of the college going girls feel pressured for being overweight.

Challenges

  • High Cost of Liposuction Surgery Device
  • Availability of Low-Cost Alternatives
  • Rising Concerns about Side-Effects – Although the benefits of liposuction surgery are effective and can be seen immediately, however, in some of the cases the side-effects of liposuction surgery device can stay for lifetime such as discoloration of the treated area. Also, some of the individuals also get lumpy and uneven results with bleeding under the skin and persistent numbness. As a result, these side-effects can pose as a challenge to the market growth.

Liposuction Surgery Devices Market: Key Insights

Base Year

2022

Forecast Year

2023-2035

CAGR

11%

Base Year Market Size (2022)

 USD 3 Billion

Forecast Year Market Size (2035)

 USD 7 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of Middle East and Africa)
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Liposuction Surgery Devices Segmentation

End-user (Hospitals, Ambulatory Centers, Cosmetic Surgical Centers)

The global liposuction surgery devices market is segmented and analyzed for demand and supply by end-users into hospitals, ambulatory centers, cosmetic surgical centers. Out of these, the hospitals segment is attributed to garner the highest market share by 2035. The growth of the segment can be attributed to the surge in the number of hospitals present across the world who are offering different types of surgeries, including liposuction surgeries, and therefore the need for these surgical devices. As per the statistics by the Organization for Economic Co-operation and Development (OECD), the number of hospitals in the United States rose from 5,564 in 2015 to 6,090 in 2019. Also, the trust factor associated with hospitals and rising awareness about benefits that can be availed in the hospitals are some of the other factors that is estimated to fuel the growth of the segment in the coming years.

Our in-depth analysis of the global market includes the following segments:

       By Product

  • Stand-Alone Liposuction Surgery Device
  • Portable Liposuction Surgery Device

       By Technology

  • Suction-Assisted Liposuction
  • Power-Assisted Liposuction
  • Water Jet Assisted Liposuction
  • Twin Cannula-Assisted Liposuction
  • Radiofrequency Assisted Liposuction
  • Tumescent Liposuction
  • Aspirator Device
  • Laser Assisted Liposuction
  • Ultrasound Assisted Liposuction
  • Others

       By End-Users

  • Hospitals
  • Ambulatory Centers
  • Cosmetic Surgical Centers

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Liposuction Surgery Devices Industry - Regional Synopsis

Asia Pacific Market Forecast

The Asia Pacific liposuction surgery devices market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2035. The primary factor for the market growth in the region is rising beauty standards among the population, expansion of beauty industry and growth in aesthetic procedure industry in the region. As per a report published by the National Library of Medicine, it is stated that the aesthetic procedure industry is projected to grow with a notable CAGR of 6% between 2019 - 2027. Further, the high disposable income has propelled the population to spend more on beauty procedures, which is also anticipated to contribute to the growth of the market in the region.

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Companies Dominating the Liposuction Surgery Devices Market

top-features-companies
    • Bausch Health Companies Inc. (Solta Medical)
      • Cynosure, LLC
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • DEKA M.E.L.A. srl
    • Candela Medical
    • AbbVie Inc. (Allergan)
    • Alma Lasers GMBH
    • ERCHONIA CORPORATION
    • Genesis Biosystems, Inc.
    • Inmode Group
    • Sciton, Inc.

In the News

  •  Alma Lasers GMBH has launched Alma Hybrid platform that is all set to treat scar revision and skin rejuvenation.

  •  AbbVie Inc. and Calico Life Sciences has extended their collaboration to discover, develop and bring new therapies for patients with age-related diseases, including neurodegeneration and cancer.

Author Credits:  Radhika Gupta, Shivam Bhutani


  • Report ID: 68
  • Published Date: Feb 14, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The rising obese patients across the world along with the rising beauty standards and increased cosmetic surgeries are some of the factors that are expected to fuel the market growth in the forecast period.

The market is anticipated to attain a CAGR of 11% over the forecast period, i.e., 2023-2035.

The high cost of liposuction surgery device along with the availability of low-cost alternative and rising concern for side-effects of the treatment are some of the factors that might hamper the market growth.

The market in Asia Pacific is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are Cynosure, LLC, Bausch Health Companies Inc. (Solta Medical), DEKA M.E.L.A. srl, Candela Medical, AbbVie Inc. (Allergan), Alma Lasers GMBH, ERCHONIA CORPORATION, Genesis Biosystems, Inc., Inmode Group, Sciton, Inc., and others.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The hospitals segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

The liposuction surgery device market is segmented by product type, technology, end-user, and by region.
Liposuction Surgery Devices Market Report Scope
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