Body Contouring Devices Market

Abbvie, Inc. (US) and InMode Ltd. (Israel) are Leading Players in the Body Contouring Devices Market

The body contouring devices market is projected to reach USD 3.00 Billion by 2029 from USD 1.74 Billion in 2024, at a CAGR of 11.4% during the forecast period. The growth of this market is primarily fueled by the rising prevalence of non invasive body contouring procedure, the perks of minimally invasive surgery compared to traditional body contouring surgeries, and the increasing awareness of the body contouring procedures. Nevertheless, high cost of the procedures and no reiumbursement policy  present significant obstacles to market expansion.

The major players in this market are Abbvie, Inc. (US), Cutera (US), Bausch Health Companies Inc. (Canada), InMode Ltd. (Israel), Venus Concept (Canada), ENDYMED Medical (US), Cynosure Lutronic (US), Lumenis BE Ltd. (Israel), Alma Lasers (Israel), Candela Corporation (US).

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Abbvie, Inc. (US)

Abbvie, Inc. is the leasing player in the body contouring devices market. It has its major geographic presence in US and internationally particularly in the aesthetics market. It has its sales and distribution globally for its body contouring devices. The company adopts multiple strategies like product launches and approval by US FDA and acquitions of the small players for expanding the market even further. These strategies help in maintaining the leading position in the market. In 2022, the company received FDA approval for its derma filler.

InMode Ltd. (Israel)

InMode Ltd. Held the second largest position in the body contouring devices market. The company has a diversified variety of products that fullfills the need of the market along with wide distribution network. The company provides all range of body contouring procedures including non-invasive, invasive and minimally invasie products used for the variety of applications. Company has its highest presence in US and Europe.

Bausch Health Companies, Inc. (Canada)

The dominant market position is attributed to heightened sales of advanced non-invasive instruments provided under its dedicated subsidiary for aesthetic devices. Additionally, the widespread distribution network of the company throughout the globe is supporting the market growth. Moreover, the strategic escalation of investments aimed at broadening the array of product offerings within the surgical robots market significantly bolsters this leading position. The company expands its presence through the product apprivals in different countries.

Related Reports:

Body Contouring Devices Market by Product (Non-invasive, Invasive), Application (Fat Reduction, Skin Tightening, Cellulite Treatment, Body Toning and Sculpting), Age Group (Below 35 Years, Between 35 to 50 Years, Above 50 Years) - Global Forecast to 2029

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Body Contouring Devices Market Size,  Share & Growth Report
Report Code
MD 9193
RI Published ON
10/11/2024
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