Global Liposuction Devices Market 2019-2023
About this market
Individuals are becoming beauty conscious and are focusing on improving their aesthetic appearance. Thus, they are adopting healthy lifestyles to stay fit. People who find it difficult to lose weight through diet programs and exercise regimens opt for liposuction procedures to remove the excess fat from the body. Liposuction is a body contouring procedure that helps people achieve a stable, healthy weight and smooth, toned contours. The increasing popularity of liposuction procedures among individuals is leading to the increased demand and adoption of liposuction devices among end-users such as hospitals, cosmetic surgical centers, and ambulatory surgical centers. The increased benefits of liposuction coupled with factors such as the growing beauty consciousness among people are driving the rapid growth of the market. The rise in the adoption of liposuction procedures will drive market growth during the forecast period. Technavio’s analysts have predicted that the liposuction devices market will register a CAGR of almost 10% by 2023.
Increased beauty consciousness and awareness about liposuction procedures
The increased benefits of liposuction coupled with factors such as the growing beauty consciousness among people are driving the rapid growth of the market. The rise in the adoption of liposuction procedures will drive market growth during the forecast period.
Complications associated with liposuction procedures
The risk of complications increases if the procedure is performed on larger surfaces of the body as the fluids injected and suctioned out will be more in larger areas, thereby causing kidney and heart problems. Thus, the complications associated with liposuction hinder market growth.
For the detailed list of factors that will drive and challenge the growth of the liposuction devices market during the 2019-2023, view our report.
The market appears to be fairly concentrated and with the presence of limited vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s
competitive landscape and offering information on the products offered by companies.
Technavio Announces the Publication of its Research Report – Global Liposuction Devices Market 2019-2023
Technavio recognizes the following companies as the key players in the global liposuction devices market: Alma Lasers, Bausch Health, Genesis Biosystems, Inc., Hologic Inc., YOLO Medical Inc.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the adoption of strategies to increased awareness about liposuction procedures.”
According to the report, one of the major drivers for this market is the increasing number of skilled cosmetics surgeons.
Further, the report states that one of the major factors hindering the growth of this market is the growing demand for non- invasive body contouring procedures.
Genesis Biosystems, Inc.
YOLO Medical Inc
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