Global Body Contouring Devices Market to Reach $3.9 Billion by 2027
Amid the COVID-19 crisis, the global market for Body Contouring Devices estimated at US$1.3 Billion in the year 2020, is projected to reach a revised size of US$3.9 Billion by 2027, growing at a CAGR of 17.5% over the analysis period 2020-2027. Non-Invasive Devices, one of the segments analyzed in the report, is projected to record a 18.3% CAGR and reach US$1.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Minimally Invasive Devices segment is readjusted to a revised 17.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $375.9 Million, While China is Forecast to Grow at 16.8% CAGR
The Body Contouring Devices market in the U.S. is estimated at US$375.9 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$674.7 Million by the year 2027 trailing a CAGR of 16.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 15.6% and 15% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 12.8% CAGR.
Invasive Devices Segment to Record 16.4% CAGR
In the global Invasive Devices segment, USA, Canada, Japan, China and Europe will drive the 16.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$192.1 Million in the year 2020 will reach a projected size of US$550.8 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$471.6 Million by the year 2027.
Select Competitors (Total 42 Featured):
Amid the COVID-19 crisis, the global market for Body Contouring Devices estimated at US$1.3 Billion in the year 2020, is projected to reach a revised size of US$3.9 Billion by 2027, growing at a CAGR of 17.5% over the analysis period 2020-2027. Non-Invasive Devices, one of the segments analyzed in the report, is projected to record a 18.3% CAGR and reach US$1.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Minimally Invasive Devices segment is readjusted to a revised 17.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $375.9 Million, While China is Forecast to Grow at 16.8% CAGR
The Body Contouring Devices market in the U.S. is estimated at US$375.9 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$674.7 Million by the year 2027 trailing a CAGR of 16.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 15.6% and 15% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 12.8% CAGR.
Invasive Devices Segment to Record 16.4% CAGR
In the global Invasive Devices segment, USA, Canada, Japan, China and Europe will drive the 16.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$192.1 Million in the year 2020 will reach a projected size of US$550.8 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$471.6 Million by the year 2027.
Select Competitors (Total 42 Featured):
- Allergan plc
- Alma Lasers Ltd.
- Almirall S.A.
- Bausch Health Companies Inc.
- Cutera, Inc.
- Cynosure, Inc.
- El.En. S.p.A. (Asclepion Laser Technologies GmbH)
- Erchonia Corporation
- Hologic, Inc.
- InMode Aesthetic Solutions
- Lumenis Ltd.
- Merz Pharma GmbH & Co. KGaA
- MicroAire Surgical Instruments, LLC
- Pollogen Ltd.
- Sciton, Inc.
- Shanghai Fosun PharmaceuticalGroupCo., Ltd.
- Syneron Medical Ltd.
Frequently Asked Questions about the Global Market for Body Contouring Devices
What is the estimated value of the Global Market for Body Contouring Devices?
What is the growth rate of the Global Market for Body Contouring Devices?
What is the forecasted size of the Global Market for Body Contouring Devices?
Note: Product cover images may vary from those shown
I. METHODOLOGY
II. EXECUTIVE SUMMARY
III. MARKET ANALYSIS
IV. COMPETITION
Note: Product cover images may vary from those shown
