Global Liposuction Surgery Devices Market - 2022-2029

Global Liposuction Surgery Devices Market - 2022-2029
Market Overview

Liposuction Surgery Devices Market size was valued US$ YY million in 2021 and is estimated to reach US$ YY million by 2029, growing at a CAGR of YY % during the forecast period (2022-2029).

Liposuction, often known as fat removal surgery, is a technique that eliminates extra body fat. The removal of a person's subcutaneous adipose deposits is a cosmetic procedure. People usually need liposuction surgery when they cannot reduce weight with regular exercise and a healthy diet. The extra body fat is removed by inserting a hollow tool called a cannula under the skin and using a high-pressure vacuum. The bodily parts operated on include the back, face, buttocks, arms, hips, and thighs. Moreover, the other name for liposuction is lipoplasty.

Market Dynamics

Innovations in liposuction surgery devices for Medial Knee Fat Reduction are expected to drive market growth.

In Asians, laser lipolysis is a non-invasive body-contouring procedure quickly gaining popularity. Leg contouring is becoming more popular, especially in places where undesirable fat deposits are noticeable despite diet and exercise. One of the aesthetic issues that modern women have is medial fat knees, which can be difficult to address. There aren't many non-invasive ways to get rid of this fat. With the advancement of technology, numerous non-invasive treatment modalities, including monopolar and bipolar radiofrequency (RF), cryolipolysis, high-intensity focused ultrasound (HIFU), and lasers, have been created to target fat removal in a variety of body regions. These techniques offer improved patient safety profiles and quicker postoperative recovery times. For instance, Clinical and histological evaluations in numerous investigations have demonstrated that the 1060-nm diode laser can reduce fat. Its longer wavelength causes hyperthermia between 42 and 47 °C, which can penetrate the subcutaneous region. This causes adipocyte death, which then triggers an inflammatory response. By drawing in additional macrophages and eliminating them by phagocytosis, the inflammatory response indicates the clearance of damaged adipocytes and cellular debris.

Moreover, studies showed that it was safe for those with darker skin. As a result, the 1060-nm diode laser significantly reduced knee circumference and medial knee fat layer thickness. Given its excellent safety profile, the 1060-nm diode laser appears to have a promising future.

Complications associated with liposuction surgery devices are expected to get hampered in the forecast period.

Infections (strep, staph), Fluid overload (generally from the treatment), Shock (often when not enough fluid is provided during the surgery), and other risks are related to liposuction. Bleeding, blood clots, fat embolisms—small globules of fat in the blood that stop blood flow to tissue— harm to nerves, tissue, organs, or burns caused by the heat or equipment used in liposuction Asymmetry, the elimination of fat unevenly Skin dents, dimples, or contouring issues; adverse medication responses; lidocaine overdose; scarring; or uneven, asymmetrical, or even baggy skin, especially in elderly persons. The above-mentioned are complications because of liposuction surgery devices, due to which the market is expected to get hampered in the forecast period.

Industry Analysis

The liposuction surgery devices market provides in-depth analysis of the market based on various industry factors such as porter five forces, supply chain, pricing analysis, regulatory approvals etc.

COVID-19 Impact Analysis

The COVID-19 pandemic has moderately impacted the market. According to the American Society of Plastic Surgeons, during the pandemic, 11% of the women surveyed that they were more interested in aesthetic plastic surgery or non-surgical procedures now than they were before COVID-19, and this percentage rises to 24% for women who had already undergone surgery or a procedure. Additionally, 35% of women who have already undergone at least one cosmetic surgery or minimally invasive procedure expect to spend much more on treatments in 2021 than in 2020. Moreover, The first wave of pandemic demand saw a rush on facial procedures in response to a significant increase in Zoom calls and downtime for discreet recovery at home. Weight fluctuations during quarantine and extra time to think about procedures that have been long postponed owing to expense or time are cited as the causes. In addition, according to the national survey results, tummy tucks (22%) and liposuction (17%) are among the top procedures for women who are extremely or very likely to seek procedures within the next six months.

Furthermore, the supply chain is interrupted, making it difficult to manufacture medical devices. Thus, from the above statements, the market got affected. However, the situation is expected to improve gradually in the forecast period.

Segment Analysis

Laser-assisted Liposuction (LAL) Surgery Devices segment is expected to hold the largest market share in liposuction surgery devices market.

The laser-assisted liposuction (LAL) surgery devices segment accounted for the largest market share in 2021. The segment benefits as it is a fast and efficient way to reduce body fat. Additionally, patients with laser-assisted liposuction do not need to stay in the hospital and can resume their normal lives in a few days. Moreover, it shows enhanced safety and efficacy compared to the conventional liposuction technique. For instance, SmartLipo is a form of laser lipolysis. It utilizes laser energy to melt fat, enabling easier extraction. While facilitating the suction process, the heat also tightens existing collagen bands, stimulating collagen production and leading to firm and tight skin. Therefore, the demand for laser-assisted liposuction surgery devices has increased, and the segment accounted for the largest market share in the forecast period.

Geographical Analysis

North America region holds the largest market share in the global liposuction surgery devices market

In 2021, the North American liposuction surgery devices accounted for the highest revenue share in the global market. The increasing prevalence of obesity, rising adoption of liposuction procedures and growing awareness of obesity and related health conditions among the large population in the region is also driving the demand for targeted surgery, thereby driving the market. For instance, In the US, the prevalence of adult obesity has been rising over time. Overeating and physical inactivity are the two most frequent causes of obesity. However, other factors such as genetics, metabolism, environment, behavior, and culture may also impact obesity.

Moreover, IBISWorld estimates that, in the five years leading up to 2022, the obesity rate among persons 18 and older will rise from 1.8% to 33.0 per 100 people. Numerous variables, both short-term and long-term, are having an impact on this growth. Inactivity has significantly increased in the current work environment, which is becoming less physically active. The COVID-19 (coronavirus) has further facilitated a sedentary lifestyle through mandatory orders to stay at home and company closures. People who experienced stress related to the pandemic, lack of access to recreational activities, and food instability all contributed to weight gain during the first year of the pandemic. People aren't counteracting this effect by exercising more during their free time, which worsens the effect.

In addition, according to the American Society of Plastic Surgeons, in 2020, 211,067 liposuction procedures were performed in the USA. Therefore, it has increased the demand for liposuction surgery devices.

Competitive Landscape

Major key players in the liposuction surgery devices market are Alma Lasers, Solta Medical, InMode, Cynosure, Erchonia, MicroAire Surgical Instruments, LLC, YOLO Medical Inc., Sciton Inc.

Alma Lasers:

Overview:

Alma Lasers is a global innovator of laser, light-based, radiofrequency and ultrasound solutions for the aesthetic and surgical markets. Alma Lasers has been at the forefront of multi-technology systems, revolutionizing existing treatment methods and working to serve the varied and growing needs of patients and practitioners worldwide. In 2013, Fosun Pharma, a leading healthcare group in China, acquired Alma by incorporating an Israeli holding company named Sisram Medical. Moreover, Alma Lasers have offices, R&D and manufacturing facilities on three continents and distributors worldwide.

Product Portfolio:

BeautiFill: BeautiFill is the first laser-based technology to standardize the process, time and quality of harvest methods with the least amount of adipose disruptionBeautiFill’s closed-loop fat capabilities combine laser, aspiration and processing into one simple step, which reduces procedure time while optimizing the entire fat process.

Benefits:
• Complete, all-in-one-solution
• Compact, portable, neatly-organized unit
• Maximum patient safety-with low power density lasing and local anesthesia
• Fully equipped liposuction
• High ROI-multiple treatment options, outpatient procedures and short treatment time.

The global liposuction surgery devices market report would provide an access to an approx. 45+market data table, 40+figures and 160pages.