Global Liposuction Devices Market 2019-2023

  • Published: Feb 2019
  • Pages: 107
  • SKU: IRTNTR30942
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Industry Insights

The global liposuction devices market size will grow by USD 4.82 billion during 2019-2023 at a CAGR of nearly 10%. The increased beauty consciousness and awareness about liposuction procedures and growing medical tourism and increasing healthcare infrastructure in emerging economies are some of the factors expected to drive market growth. This market report provides a detailed analysis of the market by end-users (hospitals, cosmetic surgical centers, and ambulatory surgical centers) and geography (Asia, Europe, North America, and ROW). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors including Alma Lasers, Bausch Health, Genesis Biosystems, Inc., Hologic Inc., and YOLO Medical Inc.

Key Insights from Liposuction Devices Market – Global Forecast 2019-2023

Global Liposuction Devices Market

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There is a rise in beauty consciousness among the people, and this is resulting in the increased adoption of healthy lifestyles to improve aesthetic appearance. In addition to adopting healthy lifestyles, individuals are also opting for liposuction procedures. With the growing popularity of liposuction procedures, there will be a rise in demand for liposuction devices from end-users such as hospitals and cosmetic and ambulatory surgical centers. This will, in turn, drive liposuction devices market growth at a CAGR of almost 10% during 2019-2023.

Moreover, the growth in medical tourism and the growing healthcare infrastructure in emerging economies will also drive liposuction devices market growth. The formation of tourism clusters such as Bangkok has fueled the exposure to cosmetic procedures and created a high demand for liposuction procedures. The availability of liposuction procedures at affordable prices in emerging markets such as Malaysia, Thailand, South Korea, and Mexico is gaining the attention of people from developed countries.

Industry Analysis

Quantitative Data

  • Market size for 2018
  • Market forecast for 2019 to 2023
  • Regional market opportunities
  • Market segment opportunities
  • Growth momentum: Overall market and individual market segments
  • Market condition: 2018
  • Market segmentation based on end-users: hospitals, cosmetic surgical centers, and ambulatory surgical centers 
  • Market size, market forecast, and growth momentum
  • Market size and forecast in the Asia, Europe, North America, and ROW
  • Market forecasts for key countries

Qualitative Data

  • Porter’s Five Forces analysis
  • Trends, drivers, and challenges
  • Vendor landscape
  • Market structure
  • Criticality of inputs
  • Factors of differentiation
  • Market landscape disruption
  • Market maturity
  • Disruption threats
  • Factors driving disruptions
  • Competitive landscape
  • Vendor classification
  • Market positioning of vendors
  • Customer landscape
  • Market fragmentation
  • Sources of disruption

End-user Insights

The end-user segment has been segregated into hospitals, cosmetic surgical centers, and ambulatory surgical centers. The hospitals segment accounted for the highest liposuction devices market share in 2018. During the forecast period, the cosmetic surgical centers segment will grow at a faster pace than the overall market. The hospitals and ambulatory surgical center segments will grow at a slower pace than the overall market.

Hospitals will account for the highest liposuction devices market share because of the improving hospital infrastructure in comparison to cosmetic surgical centers and ambulatory surgical centers and the increasing number of individuals visiting hospitals for liposuction procedures.

Regional Insights

North America accounted for the highest market share in 2018. Though the market’s growth in this region will be slower than the growth of the market in Asia and Europe, the region will account for the largest liposuction devices market share throughout the forecast period. The US is a key market for liposuction devices in this region.

The presence of several vendors that offer liposuction devices in the US is one of the primary reasons for the high growth of the liposuction devices market in this region.

Top Liposuction Device Companies

The liposuction devices market is fairly concentrated. To help clients improve their position, this liposuction devices market analysis report provides information on the competitive landscape and the products offered by various companies. Moreover, this liposuction devices market research report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

The report offers a detailed analysis of several leading liposuction devices manufacturers, including:

  • Alma Lasers
  • Bausch Health
  • Genesis Biosystems, Inc.
  • Hologic Inc.
  • YOLO Medical Inc

Segments Covered in the Report

Liposuction devices market by end-users

  • Hospitals
  • Cosmetic surgical centers
  • Ambulatory surgical centers

Liposuction devices market by region

  • Asia
  • Europe
  • North America
  • ROW

Key Highlights of the Liposuction Devices Market Forecast Report for the Period 2019-2023 

  • CAGR of the market during the forecast period 2019-2023 
  • Detailed information on factors that will accelerate the growth of the liposuction devices market size during the next five years 
  • Precise estimation of the global liposuction devices market size and its contribution to the parent market 
  • Accurate predictions on upcoming trends and changes in consumer behavior 
  • The growth of the liposuction devices industry across Asia, Europe, North America, and ROW 
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors 
  • Comprehensive details of factors that will challenge the growth of liposuction devices companies

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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