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Liposuction Devices Market Trends

Report ID: GMI6459
Published Date: Aug 2023
Report Format: PDF

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Liposuction Devices Market Trends

The geriatric population is increasingly interested in maintaining a youthful appearance, that has led to a rise in the demand for cosmetic procedures. Liposuction procedure by using minimally invasive techniques offers geriatric population a way to address age-related body changes. Thus, rising demand for minimally invasive liposuction procedures will boost industry revenue growth in the near future. Also, older individuals seek for combination procedures that include liposuction alongside other skin rejuvenation techniques such as facelifts, rhinoplasty helping to achieve a comprehensive and natural-looking result that will enhance product demand.

Authors: Mariam Faizullabhoy , Pratiksha Kamthe

Frequently Asked Questions (FAQ) :

Global market value for liposuction devices was USD 1.2 billion in 2022 and will for USD 3.4 billion by 2032.

The hospitals segment is predicted to witness the substantial growth at 11.2% CAGR from 2023 to 2032. The high demand for liposuction devices in hospitals is attributed to the aging demographics, the availability of skilled surgeons, anesthesiologists, and nursing staff in these settings.

The U.S. market accounted for USD 407 million in 2022 and is predicted to witness substantial market growth through 2032 owing to the growing demand for cosmetic procedures from individuals in order to maintain a youthful appearance.

Alma Lasers, InMode, Solta Medical, AbbVie Inc., Apyx Medical Corporation, Cynosure Inc., Genesis Biosystems, Inc., MicroAire Surgical Instruments, LLC, Wells Johnson Co., Sciton Inc., Invasix Ltd., YOLO Medical Inc., Zeltiq aesthetics Inc., Cutera, and Olympus Corporation among others.