Press Release

Global Body Contouring Market to Grow at a CAGR of 16.3% During 2024-2032, Aided by the Rising Obese Population and the Increasing Demand for Non-invasive Cosmetic Procedures

Global Body Contouring Market

According to a new report by EMR titled, ‘Global Body Contouring Market Report and Forecast 2024-2032’, the global body contouring market size attained a value of USD 1.54 billion in 2023. The market is anticipated to grow at a CAGR of 16.3% during the forecast period of 2024-2032 to attain a value of USD 5.98 billion by 2032.

The rising impact of social media has led to an increased awareness among millennials regarding their physical appearance. Consequently, there is a growing reliance on various contouring products to attain a toned physique. Additionally, the accessibility of easy monthly installment (EMI) options for these procedures has rendered them more affordable for the general population, thereby contributing significantly to the market's growth. This intersection of social media influence and financial accessibility underscores the evolving landscape of the body contouring market.

 

Furthermore, the progression of technology, marked by innovations such as ultrasound cavitation, infra-red technology, mesotherapy, radiofrequency therapy, laser lipolysis, dynamic pulse control (DPC), and intense pulse light (IPL), has significantly enhanced the precision and effectiveness of body contouring procedures. This technological evolution serves as a catalyst for the growth of the market, offering more detailed and efficient solutions. Additional factors contributing to the market's expansion include the increasing disposable incomes of individuals, the ongoing trend of urbanisation, and the flourishing medical tourism industry, collectively fostering a conducive environment for the sustained growth of body contouring procedures.

 

Some of the major players in the market are AgaMatrix Holdings LLC, 3M Co., and Cardinal Health. In May 2023, 3M Co. (NYSE: MMM) announced a substantial investment of USD 146 million aimed at expanding its capabilities to provide enhanced support for the rapidly growing field of biotech manufacturing within the healthcare sector. This strategic move aligns with the increasing significance of biotechnology in delivering groundbreaking therapies to patients. The investment encompasses improvements in existing technology and equipment at 3M manufacturing facilities in Europe. This infusion of resources underscores 3M's commitment to advancing its development and delivery of crucial filtration equipment tailored for bioprocessing, biological, and small molecule pharmaceutical manufacturing applications.

 

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Market Breakup by Product, Application, End User, and Region:

  • The market on the basis of product can be divided into non-invasive devices, minimally invasive devices, and invasive devices.
  • Based on application, the market can be bifurcated into fat reduction, and skin tightening.
  • The market on the basis of end user can be divided into hospitals and clinics, medical spa, clinical research laboratories, and others.
  • The market, based on region, can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Key Findings of the Report:

  • Body contouring encompasses a range of cosmetic procedures specifically crafted to reshape and sculpt the body, targeting the elimination of excess fat while enhancing skin tone and tightness. Widely sought after by individuals aspiring to refine their body contours and attain a more balanced and toned physique, these procedures include notable techniques such as liposuction, tummy tucks, thigh lifts, and arm lifts. The ultimate goal is to achieve aesthetic enhancements and promote a more proportionate appearance.
  • Liposuction stands as a prevalent cosmetic procedure designed to address stubborn fat deposits in targeted areas, such as the abdomen, thighs, or arms. It entails the removal of excess fat to achieve a more sculpted and contoured appearance. In contrast, tummy tucks are focused on enhancing the midsection by tightening abdominal muscles and eliminating surplus skin. This procedure aims to provide a firmer and more toned abdominal area.
  • Body contouring procedures play a crucial role in not only enhancing physical appearance but also in boosting self-confidence and improving body image. This positive transformation contributes to an overall sense of well-being and an improved quality of life. It is imperative for individuals considering such procedures to consult with a qualified plastic surgeon. The consultation helps determine the most suitable body contouring options tailored to individual goals and medical considerations, ensuring a personalised and effective approach to achieving the desired outcomes.

 

Key Offerings of the Report:

  • The EMR report gives an overview of the global body contouring market for the periods (2017-2023) and (2024-2032).
  • The report also offers the historical (2017-2023) and forecast (2024-2032) markets for the product, application, end user, and region, of body contouring.
  • The report analyses the market dynamics, covering the key demand and price indicators and value chain analysis, along with an assessment of the SWOT and Porter’s Five Forces models.

 

The major players in the global body contouring market include AgaMatrix Holdings LLC, Coloplast Corp, 3M Co., Cardinal Health, ConvaTec Inc., B. Braun Melsungen AG, Smith & Nephew, Convatec Group Plc, Medline Industries, Integra Lifesciences Corp., Mckesson Corporation, Dermarite Industries, LLC, and Amerx Health Care Corp, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2017-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • Application
  • End User
  • Region
Breakup by Product
  • Non-Invasive Devices
  • Minimally Invasive Devices
  • Invasive Devices
Breakup by Application
  • Fat Reduction
  • Skin Tightening
Breakup by End User
  • Hospitals & Clinics
  • Medical Spa
  • Clinical research laboratories
  • Others
Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Market Dynamics
  • Market Drivers and Constraints
  • SWOT Analysis
  • Porter’s Five Forces Model 
  • Key Demand Indicators
  • Key Price Indicators
  • Industry Events, Initiatives, and Trends 
  • Value Chain Analysis
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Financial Analysis
    • Product Portfolio
    • Demographic Reach and Achievements
    • Mergers and Acquisitions
    • Certifications
Companies Covered
  • AgaMatrix Holdings LLC
  • Coloplast Corp
  • 3M Co.
  • Cardinal Health
  • ConvaTec Inc.
  • B. Braun Melsungen AG
  • SMITH & NEPHEW
  • CONVATEC GROUP PLC
  • MEDLINE INDUSTRIES
  • INTEGRA LIFESCIENCES CORP.
  • MCKESSON CORPORATION
  • DERMARITE INDUSTRIES, LLC
  • AMERX HEALTH CARE CORP.

 

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