The global liposuction surgery devices market size is expected to reach USD 1.2 billion by 2026 at a CAGR of 11.7%, Increased awareness regarding new cosmetic treatments in the developed economies, such as North America is one of the major driving factors of the liposuction surgery devices. In addition, integration of modern technology and adoption of technologically advanced surgical devices is fueling market growth.
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The growing demand for cosmetic surgeries
across the globe is another driving factor of this market. Lipoplasty is one of
the common cosmetic surgeries witnessed in the United States. Annually, more
than 3,00,000 liposuction surgeries are operated with an approximate cost of
$2000-3500. High disposable income of consumers is another driving factor for
the growth of liposuction surgery in North America. These factors are expected
to propel the industry growth.
Suction-assisted lipectomy,
power-assisted, ultrasound-assisted, laser-assisted, and RF-assisted are some
of the current technologies used in surgeries. Different technologies are used
based on the patient's body characteristics and cosmetic surgeon's preference.
The right use of technology will bring a better outcome to the lipoplasty
surgery.
In addition, the rising obesity cases
are increasing the demand for liposuction surgery. However, minor
complications, such as numbness, swelling, bad bruising, and more associated
with targeted surgery is hampering market growth. Nonetheless, increasing
research and development in the domain and launch of new technologies are
expected to overcome these drawbacks.
Further
key findings from the report suggest:
• The standalone segment accounted held
a dominant share of the liposuction surgery devices market in 2018 in terms of
revenue. Easy usage, convenience, and growing innovations in the devices are
expected to propel the segment growth in the coming years
• Growing number of qualified &
trained cosmetic surgeons, and practitioners are encouraging patients to opt
for such cosmetic surgeries.
• Laser-assisted liposuction (LAL)
segment held a significant share of the market due to the increasing adoption
owing to its benefits, such as a quick and effective way of removing body fat.
• Key players of the market include
Solta Medical, Cynosure Inc., Sciton Inc., Wells Johnson Co, Invasix Ltd,
Zeltiq aesthetics Inc, Alma Lasers, Bausch Health, Genesis Biosystems, Inc.,
Hologic Inc., and YOLO Medical Inc.
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