A recent report
published by Infinium Global Research on the liposuction surgical procedures market
provides an in-depth analysis of segments and sub-segments in the global as well
as regional liposuction surgical procedures market. The study also highlights
the impact of drivers, restraints, and macro indicators on the global and
regional liposuction surgical procedures market over the short term as well as
long term. The report is a comprehensive presentation of trends, forecast and
dollar values of the global liposuction surgical procedures market. According to
the report, the global liposuction surgical procedures market is valued at USD 1419.4
million in 2021 and is expected to reach upto USD 1980.6 million in 2027,
growing with a CAGR of 5.7% over the forecast period of 2021-2027.
Liposuction is a cosmetic
procedure that uses a suction technique to remove fat from specific areas of
the body, such as the abdomen, hips, thighs, buttocks, arms, or neck.
Liposuction surgical procedure is the most common cosmetic operation in the
United States. More than 300,000 procedures are carried out in the United
States each year. Liposuction surgical procedures permanently remove fat cells,
altering the shape of the body.
Some of the key factors
attributing for an attractive growth of this market include an increasing
number of individuals who desire to be in proper shape by reducing excess fat
from various parts of the body. Feeling confident about appearance enhances
self-confidence and attitude not only in the workplace but also in a social
environment. In addition, technological advancements in liposuction surgery,
availability of cost-effective surgical procedures in emerging markets, growing
awareness about medical tourism among the population, and an increasing number
of obese patients across the globe are further propelling the adoption of
liposuction surgical procedures in the coming years. However, the risks
associated with these surgical procedures like bruising, anesthesia risks,
swelling, thermal burn, fluid accumulation, damage to deeper structures, need
for revision surgery and irregular pigmentation are expected to hamper the
growth of this market. The COVID-19 pandemic has caused serious disruptions to
the healthcare system and has revealed substantial healthcare disparities. The
healthcare facilities including hospitals, clinics, and outpatient surgical
centers were overwhelmed by the number of COVID-19 patients. This, in turn,
exerted pressure on these facilities and the healthcare professionals working
in these facilities. On the other side, the population around the globe had
restricted themselves from going out of their home which resulted in an
increase in the obesity rate. Increased obesity rate will fuel the liposuction
surgical procedures market over the forecasted period.
Geographically, North America
holds the maximum market share and is expected to dominate the global
liposuction surgical procedures market during the forecast period. The United
States is the largest liposuction surgical procedures market in North America.
The strong presence of liposuction surgical procedure providers in the US and
increasing awareness to opt for this surgery are some of the major reasons for
the growth of the liposuction surgical procedures market in North America. The
change in lifestyle, increasing per capita income, and raising awareness about
personal care and beauty treatments is likely to drive the growth of the
Asia-Pacific region. China is the major contributor to the fast growth in this
region.
The report on the global liposuction
surgical procedures market covers segments such as technology, body parts, and
application. On the basis of technology, the sub-markets include
suction-assisted liposuction, ultrasound-assisted liposuction, tumescent
liposuction, laser-assisted liposuction, and others. On the basis of body
parts, the sub-markets include hips, thighs, arms, buttocks, and others. On the
basis of application, the sub-markets include hospitals, ambulatory surgery
centers, and cosmetic surgical centers.
The report provides profiles of
the companies in the market such as Alma Lasers, Cynosure, Erchonia, Genesis
Biosystems, Valeant Pharmaceuticals, Wells Johnson Company, Invasix Aesthetic
Solutions, Syneron Medical, Aesthetic Group, and Human Med.
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of the liposuction surgical procedures market. Moreover, the study
highlights current market trends and provides forecast from 2021-2027. We also
have highlighted future trends in the market that will affect the demand during
the forecast period. Moreover, the competitive analysis given in each regional
market brings an insight into the market share of the leading players.
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