Market Size of Body Contouring Devices Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 1.40 Billion |
Market Size (2029) | USD 3.35 Billion |
CAGR (2024 - 2029) | 14.00 % |
Fastest Growing Market | Asia-Pacific |
Largest Market | North America |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Body Contouring Devices Market Analysis
The Body Contouring Devices Market size is estimated at USD 1.40 billion in 2024, and is expected to reach USD 3.35 billion by 2029, growing at a CAGR of 14% during the forecast period (2024-2029).
The body contouring devices market is poised to register a CAGR of 17% over the forecast period.
The COVID-19 pandemic had a significant impact on the body contouring device market. For instance, an article published by Aesthetic Plastic Surgery in April 2023 observed that the motivation level of the participants who underwent facial, body contouring, and rhinoplasty surgery for 'bothered by their appearance in the mirror' was statistically significantly lower during the pandemic period compared to the pre-pandemic period. However, as the market returns to its pre-pandemic state due to the decline in COVID-19 cases and increased concern about body aesthetics, it will show significant growth over the forecast period.
The growing adoption of minimally invasive body contouring procedures and advancements in device technologies are the significant factors boosting the growth of the body contouring devices market. For instance, according to the World Health Organization Report in March 2022, over 1 billion individuals, including 650 million adults, 340 million teenagers, and 39 million children, are obese worldwide. Additionally, 167 million adults and children will have worse health by 2025 as a result of being overweight or obese. Thus, with the increase in the obese population, the demand for body contouring is expected to increase over the forecast period.
Furthermore, the companies are actively involved in new product launch developments and collaborations to expand their footprint. For instance, in April 2023, Apex Medical Corporation received 510(k) clearance from the U.S. FDA for using the Renuvion APR Handpiece "for coagulation of subcutaneous soft tissues following liposuction for aesthetic body contouring." It demonstrated the safety and effectiveness of Renuvion technology and continued commitment to working with the FDA to secure specific clinical indications.
Thus, all factors above are expected to boost market growth over the forecast period. However, body contouring devices are expensive, and there is a lack of awareness of them in many parts of the world.
Body Contouring Devices Industry Segmentation
Body contouring devices are used in procedures that alter the body shape. It includes various steps that eliminate excess skin and fat, which remains after losing weight in people who are obese earlier. Body contouring helps reduce fat in different places such as the arms, breasts, tummy, thighs, face, etc. The body contouring devices market is segmented by product type (minimally invasive and non-invasive devices (radiofrequency body contouring devices, ultrasound body contouring devices, laser-assisted body contouring devices), invasive devices), application (fat reduction, skin tightening, others), end-user (hospitals, clinics, others), and geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions globally.
The report offers the value (in USD) for the above segments.
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Invasive Devices |
By Application | |
Fat Reduction | |
Skin Tightening | |
Other Applications |
By End-User | |
Hospitals | |
Clinics | |
Other End-Users |
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Body Contouring Devices Market Size Summary
The body contouring devices market is experiencing a robust growth trajectory, driven by the increasing adoption of minimally invasive procedures and technological advancements in device capabilities. The market is rebounding from the impacts of the COVID-19 pandemic, which had temporarily dampened consumer interest in aesthetic procedures. As concerns about body aesthetics resurface, the demand for body contouring devices is expected to rise significantly. The growing prevalence of obesity worldwide is further propelling this demand, as more individuals seek solutions to improve their body image. Companies in the industry are actively engaging in product development and strategic collaborations to enhance their market presence and offer innovative solutions, such as the Renuvion APR Handpiece, which has received regulatory clearance for its safety and effectiveness in aesthetic body contouring.
Radiofrequency (RF) devices are gaining traction within the market due to their noninvasive nature and minimal downtime, offering advantages over other modalities. The segment's growth is supported by strategic initiatives from key players, such as exclusive agreements to distribute advanced RF technologies. North America holds a significant share of the market, attributed to the high prevalence of obesity, a strong inclination towards aesthetic surgeries, and the availability of ambulatory surgical centers that make elective procedures more accessible. The competitive landscape is moderately concentrated, with major companies like Hologic Inc., Candela Corporation, and Bausch Health Companies Inc. leading the market. The introduction of new products and the shift towards minimally invasive procedures are expected to further drive market expansion in the coming years.
Body Contouring Devices Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Growing Adoption of Minimally Invasive Body Contouring Procedures
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1.2.2 Advancements In Device Technologies
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1.3 Market Restraints
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1.3.1 High Cost of Body Contouring Devices
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1.3.2 Lack of Awareness in Many Parts of the World
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size by Value - USD)
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2.1 By Product Type
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2.1.1 Minimally Invasive and Non Invasive Devices
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2.1.1.1 Radiofrequency Body Contouring Devices
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2.1.1.2 Ultrasound Body Contouring Devices
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2.1.1.3 Laser Assisted Body Contouring Devices
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2.1.2 Invasive Devices
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2.2 By Application
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2.2.1 Fat Reduction
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2.2.2 Skin Tightening
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2.2.3 Other Applications
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2.3 By End-User
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2.3.1 Hospitals
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2.3.2 Clinics
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2.3.3 Other End-Users
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2.4 Geography
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2.4.1 North America
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2.4.1.1 United States
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2.4.1.2 Canada
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2.4.1.3 Mexico
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2.4.2 Europe
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2.4.2.1 Germany
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2.4.2.2 United Kingdom
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2.4.2.3 France
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2.4.2.4 Italy
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2.4.2.5 Spain
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2.4.2.6 Rest of Europe
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2.4.3 Asia Pacific
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2.4.3.1 China
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2.4.3.2 Japan
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2.4.3.3 India
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2.4.3.4 Australia
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2.4.3.5 South Korea
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2.4.3.6 Rest of Asia-Pacific
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2.4.4 Middle East and Africa
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2.4.4.1 GCC
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2.4.4.2 South Africa
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2.4.4.3 Rest of Middle Eastst and Africa
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2.4.5 South America
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2.4.5.1 Brazil
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2.4.5.2 Argentina
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2.4.5.3 Rest of South America
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Body Contouring Devices Market Size FAQs
How big is the Body Contouring Devices Market?
The Body Contouring Devices Market size is expected to reach USD 1.40 billion in 2024 and grow at a CAGR of 14% to reach USD 3.35 billion by 2029.
What is the current Body Contouring Devices Market size?
In 2024, the Body Contouring Devices Market size is expected to reach USD 1.40 billion.