Liposuction Surgery Devices - Global Market Insights, Competitive Landscape, and Market Forecast - 2028

Liposuction Surgery Devices Market By Product Type (Fixed And Portable), Technology (Laser-Assisted Liposuction, Ultrasound-Assisted Liposuction, Power-Assisted Liposuction, Water-Assisted Liposuction, And Others), End-User (Hospitals, Cosmetic Clinics, And Others), and geography is expected to grow at a steady CAGR forecast till 2028 owing to rise in the preference towards aesthetic procedures, prevalence of obesity, among others.

The demand for Liposuction Surgery Devices is primarily being boosted owing to key factors such as the rising inclination towards aesthetic procedures among the global population, growing prevalence of obesity, unhealthy lifestyles, growing awareness among people for aesthetics and beauty, quick and effective results, along with the growing focus on improving safety, portability, and usability of liposuction surgery devices with new product offerings, among others during the forecast period from 2023-2028.

Liposuction Surgery Devices Market Dynamics:

One of the major factors influencing the growth of the liposuction surgery devices market is the rising prevalence of obesity among the global population. This could be due to the present unhealthy food habits and sedentary lifestyle of people. According to the World Health Organization (2021), there are around 2 billion adults currently living overweight, of which 650 million are considered to be affected by obesity, which is equal to 39% of adults aged 18 or over living overweight and 13% living with obesity.

In addition, the World Obesity Federation (2022), estimated that in 2020, around 770 million adults globally were affected by obesity, and that figure is anticipated to exceed one billion by 2030.

Obesity results in unnecessary fat deposition all over the body, hindering the overall internal and external processes of the body to function properly. To overcome this issue, in a fast and effective way, without much energy expenditure, liposuction is mostly employed to suck out the stored unwanted fat in the individual's body. This process of fat removal is less cumbersome as compared to the traditional method of fat loss which requires you to follow a healthy lifestyle and with a change in dietary habits. Thus, due to the increasing inability of people to render time and look aesthetically beautiful, the demand for minimally invasive short-span liposuction surgery is going to increase, which is therefore expected to increase the demand for liposuction surgery devices during the forecast period.

Another key factor responsible for the growth of the liposuction surgery devices market is the rising inclination of people towards aesthetic procedures, For example, according to statistics by the International Society of Aesthetic Plastic Surgery (2022), liposuction was the most common cosmetic surgical procedure in 2021 with more than 1.9 million procedures, followed by breast augmentation, eyelid surgery, rhinoplasty, and abdominoplasty.

Hence, due to the growing number of people with obesity, and the increasing awareness about liposuction and Liposuction Surgery Devices, the demand for them is likely to increase which is likely to propel the growth of the overall Liposuction Surgery Devices market during the forecast period from 2023-2028.

However, the high cost of liposuction surgery devices, and complications associated with liposuction surgery such as swelling, bruising, and baggy, rippled skin, among others may restrict the growth of the Liposuction Surgery Devices market.

Liposuction Surgery Devices Market Segment Analysis:

Liposuction Surgery Devices Market by Product Type (Fixed and Portable), Technology (Laser-Assisted Liposuction, Ultrasound-Assisted Liposuction, Power-Assisted Liposuction, Water-Assisted Liposuction, and Others), End-User (Hospitals, Cosmetic Clinics, and Others), and Geography (North America, Europe, Asia-Pacific, and Rest of the World).

In the product type segment of the liposuction surgery devices market, the portable liposuction surgery devices category is expected to hold the largest share in the year 2022. This can be attributed to the wide applications and advantages associated with portable liposuction surgery devices during the given forecast period.

The foremost advantage of portable liposuction surgery devices is that they are comparatively lightweight and easy to carry. The portable liposuction surgery devices are easy to use. Besides, the reasonable rates and the rising technological advancements in portable devices, the overall demand for this segment is expected to increase in the upcoming years. Moreover, portable liposuction surgery accessories are convenient to use, they are well-organized and can be easily plugged and used during surgical procedures. Due to the integration of various modalities in a small and compact system, portable liposuction surgery devices are predicted to gain significant popularity among surgeons across the globe, thereby propelling their demand during the forecast period.

Therefore, considering the increasing demand for this product type, numerous products with new technologies are present in the market. For instance, Power Assisted Liposuction PAL by MicroAire, is a portable power-assisted liposuction surgery device, having a patented reciprocating technology with a speed of 4000 cycles/minute with no heat generation and no damage to fat.

Thus, owing to the applications and advantages of portable liposuction surgery devices, and the interplay of all the above factors is expected to drive the growth of the portable liposuction surgery devices category, thereby propelling the overall growth of the liposuction surgery devices market during the forecast period from 2023 - 2028.

North America is expected to dominate the overall Liposuction Surgery Devices Market:

Among all the regions, North America is expected to hold the largest share of the global Liposuction Surgery Devices market in 2022. Some of the factors responsible for the growth of North America's Liposuction Surgery Devices market are the presence of a large patient pool associated with obesity, increasing preference for aesthetic procedures among the population, and the presence of key players in the region, among other factors in the region.

One of the prominent factors supporting the growth of the North American liposuction surgery devices market is the wide use of liposuction surgery devices by end-users, majorly in the United States. For instance, according to statistics by the International Society of Aesthetic Plastic Surgery (2022), the United States performed the most procedures worldwide (24.1% of the total), with 30.4% of all non-surgical procedures and 15.5% of all surgical procedures in the year 2021.

Also, according to statistics by the Centers for Disease Control and Prevention (2022), the US obesity prevalence was recorded to be 41.9% during the period from 2017 to March 2020. The source further stated that from 1999 - 2000 through 2017 - March 2020, US obesity prevalence increased from 30.5% to 41.9%. Also during the same time, the prevalence of severe obesity increased from 4.7% to 9.2%. The staggering numbers for obesity would further propel the demand for liposuction surgeries, thereby increasing the demand for liposuction surgery devices as well in the upcoming years.

Along with this, the presence of key market players such as AbbVie Inc., Alma Lasers, Innovia Medical, Genesis Biosystems, Inc., Eurosurgical Ltd., Murray Surgical, Candela Corporation, among others has created a strong market presence in North America, which is also expected to drive the demand for liposuction surgery devices in the region.

Therefore, with the presence of a large obese population in the region, the increasing preference for aesthetic procedures along with the presence of key players, among others is expected to bolster the growth of the liposuction surgery devices market in the North American region during the forecast period from 2023-2028.

Liposuction Surgery Devices Market Key Players:

Some of the key market players operating in the Liposuction Surgery Devices market include AbbVie Inc., Alma Lasers, Olympus Corporation, Eurosurgical, Bausch Health Companies Inc., Murray Surgical, Candela Corporation, Innovia Medical, Genesis Biosystems, Inc., Cutera, Nouvag AG, YOLO Medical Inc., Apyx Medical Corporation, MicroAire Surgical Instruments, LLC, Solta Medical, InMode Ltd., Hologic Inc., Sciton Inc., Wells Johnson Co., Vaser Lipo, and others.

Recent Developmental Activities in the Liposuction Surgery Devices Market:

• In May 2023, Apyx Medical Corporation, the manufacturer of the proprietary helium plasma and radiofrequency technology marketed and sold as Renuvion®, announced that it received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for the use of its APR Handpiece in procedures for coagulation of soft tissues following liposuction.
• In July 2019, Hologic's Cynosure announced the launch of two new products that expanded the Company's growing portfolio of innovative aesthetic treatments - the TempSure® Firm handpiece and a petite mask for SculpSure® submental treatments.

Key Takeaways from the Liposuction Surgery Devices Market Report Study

• Market size analysis for current liposuction surgery devices market size (2022), and market forecast for 5 years (2023-2028)
• Top key product/services/technology developments, mergers, acquisitions, partnerships, and joint ventures happened for the last 3 years
• Key companies dominating the global liposuction surgery devices market.
• Various opportunities available for the other competitors in the liposuction surgery devices market space.
• What are the top-performing segments in 2022? How these segments will perform in 2028?
• Which are the top-performing regions and countries in the current liposuction surgery devices market scenario?
• Which are the regions and countries where companies should have concentrated on opportunities for liposuction surgery devices market growth in the coming future?

Target Audience who can be benefited from this Liposuction Surgery Devices Market Report Study

• Liposuction surgery devices products providers
• Research organizations and consulting companies
• Liposuction surgery devices-related organizations, associations, forums, and other alliances
• Government and corporate offices
• Start-up companies, venture capitalists, and private equity firms
• Distributors and traders dealing in liposuction surgery devices
• Various end-users who want to know more about the liposuction surgery devices market and the latest technological developments in the Liposuction Surgery Devices market.

Frequently Asked Questions for the Liposuction Surgery Devices Market:

1. What are liposuction surgery devices?
Liposuction surgery devices are employed for carrying out liposuction surgeries where they use suction to remove fat from specific areas of the body, such as the stomach, hips, thighs, buttocks, arms, or neck, making them look aesthetically good.

2. What are the drivers for the global Liposuction Surgery Devices market?
The demand for liposuction surgery devices is primarily being boosted owing to key factors such as the rising inclination towards aesthetic procedures among the global population, growing prevalence of obesity, unhealthy lifestyles, growing awareness among people for aesthetics and beauty, quick and effective results, along with the growing focus on improving safety, portability, and usability of liposuction surgery devices with new product offerings, among others during the forecast period from 2023-2028.

3. Who are the key players operating in the global Liposuction Surgery Devices market?
Some of the key market players operating in the Liposuction Surgery Devices market include AbbVie Inc., Alma Lasers, Olympus Corporation, Eurosurgical, Bausch Health Companies Inc., Murray Surgical, Candela Corporation, Innovia Medical, Genesis Biosystems, Inc., Cutera, Nouvag AG, YOLO Medical Inc., Apyx Medical Corporation, MicroAire Surgical Instruments, LLC, Solta Medical, InMode Ltd., Hologic Inc., Sciton Inc., Wells Johnson Co., Vaser Lipo, and others.

4. Which region has the highest share in the Liposuction Surgery Devices market?
North America is expected to dominate the overall Liposuction Surgery Devices market during the forecast period from 2023-2028. The factors responsible for the growth of North America's Liposuction Surgery Devices market are the presence of a large patient pool associated with obesity, increasing preference for aesthetic procedures among the population, and the presence of key players in the region, among other factors in the region.


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