LAMEA Body Contouring Devices Market By Application (Liposuction, Nonsurgical skin tightening, Nonsurgical skin Resurfacing, Cellulite treatment, and Other Applications), By Type (Noninvasive & Minimally Invasive Devices and Invasive Devices), By Country, Opportunity Analysis and Industry Forecast, 2021 - 2027
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Market Report Description
The Latin America, Middle East and Africa Body Contouring Devices Market would witness market growth of 17.1% CAGR during the forecast period (2021-2027).
There are many different devices that are utilized to carry out body contouring procedures by the professional, which are known as body contouring devices. These devices are available in different categories with a wide classification on the basis of the extent of invasion. The new innovations in ultrasound cavitations, laser-lipolysis, infra-red technology, radio-frequency therapy, dynamic pulse control (DPC), mesotherapy, and intense pulse light (IPL) lead to the development of the latest and revolutionary devices in this field.
Further, body contouring devices are widely utilized to eliminate the unwanted fat or tighten the saggy skin from numerous parts of the body like the upper torso, abdomen, waist, and others. Such devices are based on various mechanisms like high-intensity focused ultrasound (HIFU), cryolipolysis, radiofrequency, and others.
The increasing geriatric population and the introduction of advanced devices in the market are fueling the growth of the regional demand for body contouring devices. In addition, factors like growing health consciousness among people and the increasing spending of the consumer on maintaining their body appearance are estimated to bolster the growth of the regional market over the forecast period.
Furthermore, the constantly increasing cases of obesity in this region would support the regional market growth in the coming years. However, the high treatment costs of these body contouring procedures and a lack of awareness among people regarding these procedures would hinder the growth of the regional body contouring devices market. Also, the availability of various substitute methods to reduce fats would restrict the demand for body contouring devices over the forecast period.
The Noninvasive & Minimally Invasive Devices market dominated the South Africa Body Contouring Devices Market by Type in 2020, thereby, achieving a market value of $131.5 million by 2027, growing at a CAGR of 17.3 % during the forecast period. The Invasive Devices market is expected to witness a CAGR of 18.5% during (2021 - 2027).
Based on Application, the market is segmented into Liposuction, Nonsurgical skin tightening, Nonsurgical skin Resurfacing, Cellulite treatment, and Other Applications. Based on Type, the market is segmented into Noninvasive & Minimally Invasive Devices and Invasive Devices. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Allergan PLC (AbbVie), Bausch Health Companies, Inc., Cutera, Inc., Alma Lasers Ltd. (Sisram Medical Ltd.), InMode Ltd., Candela Medical Corporation, Sciton, Inc., Lumenis Ltd., Cynosure, LLC, and Lutronic Corporation.
Scope of the Study
Market Segments Covered in the Report:
- Nonsurgical skin tightening
- Nonsurgical skin Resurfacing
- Cellulite treatment
- Other Applications
- Noninvasive & Minimally Invasive Devices
- Invasive Devices
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Allergan PLC (AbbVie)
- Bausch Health Companies, Inc.
- Cutera, Inc.
- Alma Lasers Ltd. (Sisram Medical Ltd.)
- InMode Ltd.
- Candela Medical Corporation
- Sciton, Inc.
- Lumenis Ltd.
- Cynosure, LLC
- Lutronic Corporation
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