Global Body Contouring Market: Industry Analysis & Outlook ( )
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1 Industry Research by Koncept Analytics Global Body Contouring Market: Industry Analysis & Outlook ( ) June
2 Executive Summary Body contouring is a procedure that alters the shape of the human body. It includes procedures that eliminate or reduce excess skin and fat that remains after previously obese individuals have lost a significant amount of weight, in a variety of places including the torso, upper arms, chest, and thighs. The urge to achieve perfect body shapes without the need for workouts is quickly promoting the idea of body contouring. A relatively new medical subspecialty, body contouring was developed to address the aesthetic concerns of those who have lost large amounts of weight; whether through dieting alone or with the help of weight loss (bariatric) surgery. Depending upon the procedure adopted for body contouring, it can be segmented into three major categories; invasive body contouring, minimally invasive body contouring and non-invasive body contouring. Invasive body contouring includes procedures such as bariatric surgery, arm lift or brachioplasty, breast lift or mastopexy, stomach lift or abdominoplasty and lower body lift. Minimally invasive body contouring includes laser assisted lipolysis and radio frequency assisted liposuction. And non-invasive procedures comprises contouring with the help of suction devices, radiofrequency energy devices, high-frequency focused ultrasound devices, cryolipolysis and low-level light laser therapy devices. Several factors such as increasing disposable income, rising geriatric population coupled with technological advancement and growing aesthetic awareness are expected to drive growth of the market for the forecasted period. Major trends in the market include market consolidation by acquisition, shift in consumer preferences, more men going for body contouring and transition of customer base. Further, the issues such as strict regulatory environment and high cost of procedures tend to hamper the market growth prospects. The report analyzes the development of this market, with focus on the US market. The major trends, growth drivers as well as issues being faced by the market are discussed in detail in this report. The four major players: Allergan Plc., Hologic Inc., Syneron Medical Ltd., and Cutera, Inc. are being profiled along with their key financials and strategies for growth. The report contains a comprehensive analysis of the global body contouring market along with the study of the US market. 2
3 US$ Billion US$ Billion Increased adoption of minimally invasive and non-invasive aesthetic procedures like facial cosmetic procedures and liposuction procedures supported growth of Body Contouring. Other reasons include rapid technological advancements, increasing awareness of aesthetic procedures and rising obese population. Global Aesthetics Market by Value ( ) In 2016, the global aesthetics market was recorded at US$... billion, compared to US$... billion in 2015, thereby depicting an annual rise of %. The global aesthetics market is expected to enjoy perpetual rise in terms of its value and volume. By the end of 2021, the market is forecasted to reach US$... billion, registering a CAGR of %, spanning from 2017 to In 2016, fillers and neurotoxic proteins accounted for % of the market revenue, followed by body contouring and energy devices with % and % shares respectively Global Aesthetics Market Forecast by Value ( ) Global Aesthetics Market by Segments (2016) Fillers and Neurotoxic protein Energy Devices Body Contouring Others 3
4 US$ Billion US$ Million The arrival of technological advancements such as ultrasound cavitations, mesotherapy, infra red technology, laser-lypolysis, radio-frequency therapy, dynamic pulse control (DPC) and intense pulse light (IPL) are expected to propel growth of the global body contouring market. Global Body Contouring Market by Value ( ) In 2016, the global body contouring market was recorded at US$... million, compared to US$... million in By the end of year 2021, the global body contouring market is forecasted to reach US$... billion, growing at a CAGR of %, spanning from 2017 to In 2016, the US market was dominated by minimally invasive procedures with % of the total procedures. Further, invasive and non-invasive procedures accounted for % and % shares respectively for the given year Global Body Contouring Market Forecast by Value ( ) The US Body Contouring Procedure by Segments (2016) Minimally Invasive Invasive Non-Invasive 4
5 Contact Us: Disclaimer This is a licensed product of Koncept Analytics. You cannot reproduce, publish, distribute, publicly display, sell or create other works from this report or use them in any way for commercial purpose without our prior permission. Further, you cannot copy this material, by any means (including electronic copies), for distribution to others unless you have purchased the corporate license of this report. We believe the sources are reliable, but Koncept Analytics does not warranty the accuracy or completeness of the data. The data presented in the report is updated at the publication date but is subject to change at subsequent releases. All possible efforts have been made to ensure accuracy of data. However, investors should not completely rely on the information given in this report and must make decisions based on their own investment strategy, risk management and capital adequacy. Koncept Analytics CS-36, First Floor, Ansal Plaza Vaishali, Ghaziabad, U.P T: M: vikas@konceptanalytics.com 5
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