COVID-19 Impact on Body Contouring Market Size, Trends Analysis, Leading Players, Future Insights and Growth Estimation By 2023

COVID-19 Impact on Body Contouring Market Size, Trends Analysis, Leading Players, Future Insights and Growth Estimation By 2023

“COVID-19 Impact on Body Contouring Market”
COVID-19 Impact on Body Contouring Market Size, Growth and Share Analysis By Devices (Non-Invasive Devices, Minimally Invasive Devices & Invasive Devices) – Forecast Till 2023

Body Contouring Market Overview:

Market Research Future (MRFR), in its recent study on the COVID-19 impact on body contouring market, asserts that the market is expected to witness a sharp growth during the forecast period and market has several avenues to explore, which can boost its growth rate in the coming years. 

Better technologies and advanced surgeries are expected to play a prominent role in boosting the global body contouring market growth. The body contouring market is also getting backed by the rising number of obesity-related cases that can be addressed using these treatment procedures. People are quickly becoming aware of all the drawbacks they have and how a better health standard can help them maintain a normal lifestyle. With rising disposable income, the market is expected to gain better traction. 

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However, the recent COVID crisis has hit the body contouring market hard and the global revenues are showing a bleak picture of the market in the first quarter. Imports of devices have been hit hard due to which growth would be hindered. In addition, production is also suffering. 

COVID-19 Impact on Body Contouring Market:

The COVID-19 impact changed the market equation for a lot of industries and the body contouring market is no exception. This is because countries have focused on only essential services and non-essential medical services have been sidelined. Also, hospitals are suffering from a lack of space owing to which the market is expected to face several problems. But the recent uplifting of lockdowns in countries and slow yet steady revival of normalcy are expected to bring back the market on its former self. 

Cynosure, LLC. is a company that has made a remarkable impact on the body contouring market with its various devices. Among them, SculpSure is making significant waves. It is a device that works in a non-invasive way and cuts down stubborn fat to provide patients with much relief. The technology has been deemed as the best-in-class. This is also the world’s first non-invasive laser treatment that got approved by the FDA and the treatment can be customized. 

Body Contouring Market Segmentation:

The global body contouring market has been segmented on the basis of the type of devices. Data fetched from this move gets ample backing from figures, graphs, and detailed study of factors. 

By type of devices, the global body contouring market can be segmented into minimally invasive devices, invasive devices, & non-invasive devices. The non-Invasive devices include radio frequency lipoplasty devices and high intensity focused ultrasound lipoplasty devices. The minimally invasive devices comprise laser-assisted lipolysis devices and radiofrequency-assisted liposuction devices. The invasive devices segment includes ultrasound-assisted liposuction devices and others.

Body Contouring Market Regional Analysis:

The Americas is expected to drive the body contouring market ahead as the US and Canada are spending substantial amounts to back the regional market. Several market players are also operating from the region, which is an advantage for the American body contouring market. In Asia Pacific, the market will be backed by Japan and Australia in a prominent way where cosmetics investment is rising. 

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Body Contouring Market Competitive Landscape:

The global body contouring market is benefiting from tactical implementations of companies like Cynosure (US), Alma Lasers (Israel), Meridian (Michigan), Lumenis (Israel), Syneron Medical (Israel), Valeant (Canada), Palomar Medical Technologies (US), Asclepion Laser Technologies (Germany), GlobalMed Technologies (US), Cutera (US), Fotona (Slovenia), Andrew Technologies (Canada), BTL Industries (US), Chromogenex (UK), GlobalMed Technologies (US), InMode (US), Human Med (Germany), Erchonia (US), Invasix Aesthetic Solutions (US), Wells Johnson Company (US), and others.

Major moves often include mergers, innovations, branding, acquisitions, innovations, launching, and others. MRFR noted these details to understand the market impact in a proper way.

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NOTE: Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

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