Liposuction Surgery Devices Market

Global Liposuction Surgery Devices Market Outlook (2022-2032)

The liposuction surgery devices market is likely to garner a market value of US$ 1.33 Bn in 2022, anticipated to register a positive CAGR of 11% in the forecast period 2022-2032 and reach a value of US$ 3.78 Bn.

Report Attributes	Details
liposuction surgery devices Market Size (2022)	US$ 1.33 Bn
Sales Forecast for Liposuction Surgery Devices (2032)	US$ 3.78 Bn
Global Market Growth Rate (2022 to 2032)	11% CAGR
Key Companies Profiled	SOLTA Medical (Bausch Health Companies Inc.) Cynosure Inc. Sciton Inc. Wells Johnson Co. YOLO Medical Inc. Apyx Medical Alma Lasers InMode Ltd. Genesis Biosystems Inc. Hologic Inc.

Demand Analysis of Liposuction Surgery Devices from 2015-2021 Vs Future Outlook 2022-2032

From 2015 to 2021, the global liposuction surgery devices market registered significant gains, reaching a valuation of US$ 900 Mn in 2021. According to Fact.MR- a market research and competitive intelligence provider- liposuction surgery devices demand accelerated at a CAGR of 10.6% during the aforementioned forecast period.

Increased awareness regarding new cosmetic treatments in the developed economies, such as North America is one of the major driving factors of liposuction surgery devices. In addition, the integration of modern technology and the adoption of technologically advanced surgical devices are fueling the market growth.

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 the market growth. Considering these factors, the market is projected to witness high growth over the coming years, registering a CAGR of 11% to top US$ 3.78 Bn by 2032.

What is driving the Market Demand for Liposuction Surgery Devices?

Changing Personal Beauty Trends Providing Impetus for Market Growth

Growing beauty consciousness among a large population and increasing demand for liposuction procedures by both men and women are some of the key factors driving the growth of the market. The growing number of cosmetic surgeries across the globe is another driving factor for the growth.

Liposuction surgery is gaining popularity due to increasing promotions across social media, minimized health risks due to technological advancements, and better results at reduced costs.

Due to the growing trends in non-invasive cosmetic procedures, many consumers prefer undergoing cosmetic surgery to making lifestyle changes, which is expected to contribute to the growth of the market.

Technological Advancements in Skincare to Boost Overall Market Demand

Rising demand for liposuction surgery due to better and faster results over following healthy diets and exercises can be accredited to the market growth. The rising desire of consumers to improve their appearance is also expected to propel the demand for these surgeries.

For instance, research by the ‘THISISME’ campaign by Allergan studied that, out of 2000 women, 20% desired to look approximately 5 years younger and 41% desired to look fresher and radiant. Hence, the growing trend to maintain a natural look is driving the demand for liposuction surgery, thereby driving the market growth.

Increasing technological enhancements in the liposuction procedure are propelling the growth of the market for liposuction surgery devices. A wide range of advancements has been incorporated into the traditional fat suctioning technique. These advancements include power, laser, ultrasound, and radiofrequency (RF) techniques.

Country-wise Analysis

How is the United States Propelling the Demand for Liposuction Surgery Devices?

Rising Obesity Cases Propelling Demand for Liposuction Surgery Devices

The United States dominates the market with a 36% revenue share owing to the increased adoption of modern technologies and the presence of numerous industry players in the region.

The rising demand for fat loss solutions due to the high prevalence of obesity is expected to drive the demand for liposuction surgery. Growing awareness for obesity and related health conditions in the region is also propelling the demand for targeted surgery, thereby driving the market growth.

What Drives the Demand for Liposuction Surgery Devices in Asia Pacific Countries?

Rising Disposable Income, Increasing Medical Tourism Widening Prospects

The Asia Pacific region is anticipated to register at a faster CAGR of 13.9% over the forecast period. The increased awareness among people about the benefits of liposuction is contributing to the growth of the region.

Increased disposable income and rising demand for targeted surgery within the fashion and film industry are expected to fuel the regional market growth. Also, medical tourism and the growing healthcare industry in the region are propelling the growth of the market for liposuction surgery devices.

Category-wise Insights

Which Product Type Leads the Market?

Portable Liposuction Surgery Devices to Expand the Fastest

By product type, the market is categorized into portable and standalone liposuction surgery devices. The portable liposuction surgery devices segment is expected to expand at the fastest CAGR of 12.9% over the forecast period. The segment holds the largest share of about 61%, owing to the ease of use of these products. Reasonable rates and rising technological advancements are also promoting growth.

Growing awareness about the benefits offered by these devices is also driving their demand. Portable liposuction surgery accessories are convenient to use. They are well organized and can be easily plugged in and operated in surgeries.  Owing to the integration of multiple modalities in a compact system, these devices are predicted to gain significant popularity among surgeons across the globe, thereby propelling their demand

Which Technology is projected to Gain Traction in the Market?

Laser-assisted Liposuction (LAL) to Accrue Maximum Gains

The laser-assisted liposuction (LAL) segment dominates the market with a 22% revenue share. It is expected to continue leading over the forecast period owing to the increased adoption of the technology due to its benefits such as a quick and effective way of removing body fat. In addition, LAL does not require a hospital stay for the patients as it allows the patients to return to normal life in a few days. Improved efficacy and safety features of laser-assisted liposuction compared to the traditional method are driving the growth of the segment.

The ultrasound-assisted liposuction (UAL) segment on the other hand is expected to register a significant CAGR of 12% over the forecast period. The main factor driving the growth of the segment is the integration of ultrasound technology in modern lasers.  Moreover, various benefits such as better aesthetic results and skin retraction, reduced fatigue, less blood loss, and less recovery time are also anticipated to contribute to the growth of the overall market in the forthcoming years.

Competitive Landscape

The competitive landscape of the liposuction surgery devices market is shaped by product innovation and strategic mergers & acquisitions. Front Runners are emphasizing capacity enhancements and global footprint expansion to leverage lucrative prospects in developing economies. 

• In October 2020, Alma unveiled its new Alma HybridTM platform, during a worldwide LIVE launch event, which was broadcasted from a state-of-the-art studio that was built especially at Alma’s headquarters for this event.
• Designed to enable endless options of ablative, non-ablative, and thermal treatments for skin rejuvenation and scar revision, Alma HybridTM creates a unique synergistic effect by combining the power of three core energies. In addition to this powerful combination of tools, Alma HybridTM smart software serves as a key solution component which enables practitioners to craft “signature treatments” bringing their unique skills and experience into action.

Liposuction Surgery Devices Market Report Scope

Report Attributes	Details
Forecast Period	2022-2032
Historical Data Available for	2015-2021
Market Analysis	US$ Mn for Value
Key Regions Covered	North America Latin America Europe Asia Pacific MEA
Key Countries Covered	U.S. Canada Germany U.K. France Italy BENELUX Nordics China Japan South Korea Brazil Mexico GCC Turkey South Africa
Key Market Segments Covered	Product Type Technology Region

Key Market Segments in Liposuction Surgery Devices Industry Research

• By Product Type

  • Stand-alone Liposuction Surgery Devices 
  • Portable Liposuction Surgery Devices 

• By Technology

  • Tumescent Liposuction Surgery Devices
  • Ultrasound-assisted Liposuction (UAL) Surgery Devices
  • Laser-assisted Liposuction (LAL) Surgery Devices
  • Power-assisted Liposuction (PAL) Surgery Devices
  • BodyJet or Water Assisted Liposuction (WAL) Surgery Devices
  • Jplasma Liposuction Surgery Devices
  • Other Liposuction Surgery Devices
    • Suction-Assisted Liposuction
    • Twin Cannula-Assisted Liposuction
    • RF-Assisted Liposuction