Liposuction Devices Market Size - By Product Type (Standalone, Portable), By Technology (Tumescent Liposuction, Ultrasound-assisted Liposuction [UAL], Laser-assisted Liposuction [LAL], Power-assisted Liposuction [PAL]) By End-Use– Global Forecast 2023-2032

Published Date: August - 2024 | Publisher: MIR | No of Pages: 240 | Industry: Healthcare | Format: Report available in PDF / Excel Format

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Liposuction Devices Market Size - By Product Type (Standalone, Portable), By Technology (Tumescent Liposuction, Ultrasound-assisted Liposuction [UAL], Laser-assisted Liposuction [LAL], Power-assisted Liposuction [PAL]) By End-Use– Global Forecast 2023-2032

Liposuction Devices Market Size

Liposuction Devices Market size was valued at USD 1.2 billion in 2022 and is estimated to account for USD 3.4 billion by 2032. Liposuction devices are medical instruments and equipment specifically designed for performing liposuction procedures.
 

Liposuction Devices Market

Liposuction is a surgical technique used to remove excess fat deposits from various parts of the body to reshape and contour the appearance. Liposuction devices play a crucial role in facilitating the fat removal process, improving efficiency, and ensuring patient safety. The rising demand for minimally invasive cosmetic procedures among patients owing to quicker recovery times, less scarring, and reduced discomfort will boost product demand.
 

Ongoing technological advancements leading to the development of more precise and targeted liposuction devices is predicted to bolster the overall market growth potential. Laser-assisted liposuction (LAL) and ultrasound-assisted liposuction (UAL) devices, allow surgeons to selectively target and emulsify fat cells while minimizing damage to surrounding tissues. This has resulted in reduced post-operative pain, swelling, and bruising, leading to faster recovery time and improved patient satisfaction. Enhanced safety features, such as real-time monitoring and controlled energy delivery, contribute to minimizing risks associated with the procedure thereby, propelling the adoption rate.
 

The continuous introduction of innovative liposuction devices has fueled market growth and competition. Manufacturers strive to develop devices that offer unique features, better performance, and improved patient outcomes. This competitive landscape benefits patients by driving technological innovation and improving device affordability.
 

COVID-19 Impact

The COVID-19 pandemic had a negative impact on the liposuction devices market. At the onset of the pandemic, many healthcare facilities were forced to suspend elective procedures, including cosmetic surgeries such as liposuction, to conserve resources and prioritize COVID-19 patients. This led to a decline in demand for liposuction devices as procedures were postponed or canceled. Concerns about personal safety, financial stability, and the risk of infection led many potential patients to delay or reconsider elective procedures, including liposuction.
 

Moreover, the pandemic disrupted supply chains, manufacturing, and distribution of medical devices. Numerous companies faced challenges in launching new and advanced liposuction devices or expanding into new markets due to logistical and regulatory obstacles during the pandemic thereby, restricted market growth opportunities during the pandemic.
 

Liposuction Devices Market Trends

The geriatric population is increasingly interested in maintaining a youthful appearance, that has led to a rise in the demand for cosmetic procedures. Liposuction procedure by using minimally invasive techniques offers geriatric population a way to address age-related body changes. Thus, rising demand for minimally invasive liposuction procedures will boost industry revenue growth in the near future. Also, older individuals seek for combination procedures that include liposuction alongside other skin rejuvenation techniques such as facelifts, rhinoplasty helping to achieve a comprehensive and natural-looking result that will enhance product demand.
 

Liposuction Devices Market Analysis

Liposuction Devices Market Size, By Product Type, 2021 - 2032 (USD Billion)

The liposuction devices market by product type is segregated into standalone and portable. The portable liposuction devices accounted for more than USD 760 million in revenue size in the year 2022. The growing preference for minimally invasive procedures aligns with the demand for portable liposuction devices accelerating segment growth opportunities. Portable liposuction devices offer effective results with shorter recovery times and less discomfort to the patients that will impel segment progress. Portable liposuction devices offer the advantage of convenience and accessibility.
 

As, these devices can be easily transported to different medical settings, allowing procedures to be performed in clinics, medical spas, and outpatient facilities, expanding the reach of liposuction services. Further, advancements in artificial intelligence (AI) and robotics could lead to the integration of these technologies into portable liposuction devices to improve procedural efficiency, precision, and outcomes will foster segmental revenue growth.
 

Liposuction Devices Market Share, By Technology, 2022

When it comes to liposuction, there are different ways to do it. Some methods use different types of technology, including tumescent liposuction, laser-assisted liposuction (LAL), ultrasound-assisted liposuction (UAL), power-assisted liposuction (PAL), suction-assisted liposuction (SAL), bodyjet or water-assisted liposuction (WAL), and others. Out of all these methods, laser-assisted liposuction has been the most popular, taking up over a quarter of the market in 2022. Why is it so popular? Because LAL is very precise in targeting specific fat cells. The laser energy can be directed to certain areas, so it takes off fat and shapes your body more effectively. BonusNot only does LAL get rid of fat, but it also helps your skin make more collagen, which can tighten things up. This makes it a great choice for people who want to lose body fat and improve their skin at the same time. So, it's no wonder that laser-assisted liposuction is expected to keep growing in popularity over the next few years.

The liposuction devices market by end-use is subdivided into hospitals, clinics, cosmetic surgical centers, and others. The hospitals segment is predicted to witness the substantial growth at 11.2% CAGR over the estimated timeline. The segmental growth is attributed to the aging demographics, the availability of skilled surgeons, anesthesiologists, and nursing staff will contribute to the demand for liposuction devices in hospitals. Moreover, the growing adoption of minimally invasive treatment options owing to their benefits including shorter hospital stays, faster patient recovery, and reduced risk of complications among hospitals will contribute to the overall market growth.
 

Further, hospitals are implementing collaborative care models involving multidisciplinary teams, including plastic surgeons, anesthesiologists, dermatologists, and other specialists. This approach ensures comprehensive patient care and improves the utilization of liposuction across different medical specialties thereby, accelerating market revenue growth potential.
 

 U.S. Liposuction Devices Market Size, 2020 -2032 (USD Million)

The U.S. liposuction market is booming, with a revenue of $407 million in 2022. And it's only going to get bigger in the years to come! Why? Because more and more people are seeking out cosmetic procedures to stay looking young. Liposuction, in particular, is a popular choice for those looking to reduce fat and shape their bodies. And with the rise in obesity in the U.S., the demand for liposuction devices is only going to increase. Another factor driving market growth is the constant innovation in liposuction devices. Companies are constantly developing new and improved ways to perform liposuction, making it safer and more effective. This is making liposuction more appealing to a wider range of people. Overall, the future looks bright for the U.S. liposuction devices market. The growing demand for cosmetic procedures, the high prevalence of obesity, and the continuous advancements in liposuction devices are all contributing to market growth.

Liposuction Devices Market Share

Some of the prominent market participants operating in the liposuction devices market include

  • Alma Lasers
  • InMode
  • Solta Medical
  • AbbVie Inc.
  • Apyx Medical Corporation
  • Cynosure Inc.
  • Genesis Biosystems, Inc.
  • MicroAire Surgical Instruments, LLC
  • Wells Johnson Co.
  • Sciton Inc.
  • Invasix Ltd.
  • YOLO Medical Inc.
  • Zeltiq aesthetics Inc.
  • Cutera
  • Olympus Corporation 

These market players are undertaking several growth strategies including partnerships, collaborations, acquisitions & mergers, and new product development & launches to strengthen their product portfolio as well as gain a competitive edge over others.
 

Liposuction Devices Industry News

  • In July 2021, Alma Lasers, a part of Sisram Medical Company received approval for its Alma Hybrid by the U.S. FDA followed with the product launch in the U.S. This laser platform was developed with an integrated ablative CO2 laser and non-ablative laser for skin surfacing. Such innovative product launches expand the company’s product offerings in the market and also give a competitive edge to the firm.
     
  • In January 2021, Allergan Aesthetics, a subsidiary of AbbVie Inc. launched CoolSculpting, a next-generation fat reduction system designed to freeze, target, and eliminate treated fat cells. This product launch offered competitive edge to the firm in the significant market.

 

Liposuction devices market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2018 to 2032 for the following segments

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By Product Type (USD Million & Units)

  • Standalone
  • Portable

By Technology (USD Million)

  • Tumescent liposuction
  • Ultrasound-assisted liposuction (UAL)
  • Laser-assisted liposuction (LAL)
  • Power-assisted liposuction (PAL)
  • BodyJet or water assisted liposuction (WAL)
  • Suction-assisted liposuction (SAL)
  • Others

By End-use (USD Million)

  • Hospitals
  • Clinics
  • Cosmetic surgical centers
  • Others

The above information is provided for the following regions and countries

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Switzerland
    • The Netherlands
    • Denmark
    • Poland
    • Sweden
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • New Zealand
    • Thailand
    • Vietnam
    • Indonesia
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Colombia
    • Chile
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • UAE
    • Turkey

 

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