Liposuction, also referred as Lipo, is a type of cosmetic surgery that removes fat from the human body in an attempt to improve body contours and proportion. Liposuction techniques may be used to reduce localized fat deposits of various body parts, which includes thighs, back, neck, inner knee, hips, abdomen, upper arms, cheeks, chin, chest area, etc. Liposuction can be performed alone or along with other plastic surgery procedures, such as a facelift, breast reduction or a tummy tuck. According to statistics of the American Society of Plastic Surgeons, the average cost of liposuction is USD 3,009 in 2015. Liposuction cost can vary widely. The average fee referenced above does not include anesthesia, operating room facilities or other related expenses. A surgeon’s fee will be based on his or her experience, the type of procedure used, and the geographic location. The liposuction surgical procedure can be both invasive and non-invasive. The invasive method involves the use of a small, hollow tube called a cannula that removes the excess fat present in the body. The non-invasive method uses devices that are applied to the skin over the treatment areas. The invasive liposuction procedures employ laser assisted, twin-cannula assisted, and ultrasound assisted techniques. The non-invasive treatments include radio frequency, laser energy, ultrasound, and cold-based techniques.
Some of the key factors attributing for an attractive growth of this market include increasing number of individuals who desire to be in proper shape by reducing excess fat from various parts of the body. In addition, technological advancements in liposuction surgery, availability of cost effective surgical procedures in emerging markets, growing awareness about medical tourism among the population, and increasing number of obese patients across the globe are further propelling the adoption of liposuction surgical procedures in the coming years. According to the American Society for Aesthetic Plastic Surgery, for the first time on record, Americans spent more than 13.5 billion dollars on combined (surgical and nonsurgical) aesthetic procedures in 2015, which reflects a 1.5-billion-dollar increase from 2014. Surgical procedures accounted for 58% of the total expenditures, surpassing the 8-billion-dollar mark for the first time ever, and nonsurgical procedures accounted for 42% of the total expenditures, surpassing the 5-billion-dollar mark for the first time ever. Based on the number of procedures in 2015, the top five aesthetic plastic surgeries include liposuction, breast augmentation, tummy tuck, eyelid surgery and breast lift respectively. The market for global liposuction surgical procedures was valued at around USD 3.0 billion in 2015 and is expected to reach USD 8.7 billion by 2022, growing at a CAGR of around 17.0% during the forecast period of 2016 to 2022. However, the risks associated with these surgical procedures like bruising, anesthesia risks, swelling, thermal burn, fluid accumulation, damage to deeper structures, need for revision surgery and irregular pigmentation are expected to hamper the growth of this market.
Geographically, North America is the leading contributor to the market and is expected to retain its position during the forecast period due to the presence of large number of obesity patients and growing number of liposuction procedures in the United States.
The report delivers a strategic analysis of the global market for liposuction surgical procedures and growth forecast for the period from 2016 – 2022. The scope of the report includes competitive analysis of various market players who are operating in the market, segmental analysis based on type of technology. It also covers geographical analysis of the market with growth forecast for the period of 2016 – 2022. The Porter’s Five Forces analysis and value chain analysis included in the report provides an insight into market dynamics and industry competition.
Moreover, the report also includes growth strategies and entry barriers to be considered to cater to the exact business opportunities in this market. Additionally, to aid in strategic decision making, the report also includes competitive profiling of leading players, recent developments in the industry and various business strategies adopted by them. This report will help players in global liposuction market to plan and implement their strategies in different market areas such as emerging geographies, and new technologies
The company profile section include detailed analysis of some of the key players such as Alma Lasers, Cynosure, Erchonia, Genesis BioSystems, Valeant Pharmaceuticals, Wells Johnson Company, Invasix Aesthetic Solutions, Syneron Medical, Aesthetic Group, Human Med, etc.
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Table of Content
1.Scope of the report
1.1 Report description
1.2 Research methodology
1.3 List of abbreviations
1.4 Market segmentation
2 Executive summary
3 Qualitative analysis
3.1 Market overview
3.2 Porters five forces analysis
3.3 Competitive matrix of the key companies
3.4 Surgical procedures volume, 2015
3.5 Non-surgical procedures volume, 2015
4 Global liposuction surgical procedures market, by technology, 2014 – 2022
4.1 Suction-assisted liposuction
4.2 Ultrasound assisted liposuction
4.3 Power-assisted liposuction
4.4 Twin-cannula assisted liposuction
4.5 Laser assisted liposuction
4.6 Water assisted liposuction
4.7 Tumescent Liposuction
5 Global liposuction surgical procedures market, by geography, 2014 – 2022
5.1 North America
5.4 Rest of the World
6 Company profiles
6.1 Alma Lasers
6.4 Genesis BioSystems
6.5 Valeant Pharmaceuticals
6.6 Wells Johnson Company
6.7 Invasix Aesthetic Solutions
6.8 Syneron Medical
6.9 Aesthetic Group
6.10 Human Med