Expert Market Research’s new report, titled “Global Size of the body shaping market Report and Forecast 2021-2026′, provides an in-depth analysis of the global body contouring market and evaluates the market based on its segments such as invasiveness, end use and major regions. The report tracks the latest trends in the industry and examines their impact on the overall market. It also assesses the market dynamics, covers the main demand and price indicators and analyzes the market based on the SWOT and Porter Five Forces models.
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Key highlights of the report include:
Market Overview (2016-2026)
- Historical market size (2020): $6.5 billion
- Forecast CAGR (2021-2026): 6.7%
- Projected market size (2026): USD 9.6 billion
Global demand is being driven by rising obesity cases due to unhealthy lifestyles around the world. Demand for these techniques is increasing as their safety and effectiveness improve, resulting in increased life expectancy. In addition, product research and sales initiatives by large companies, such as M&A and alliances, are driving the industry. During the forecast period, new product launches in emerging regions are expected to drive the market growth.
Industry definition and main segments
Body contouring is a process of removing excess skin and fat cells from the body to improve its appearance. Abdominoplasty, male breast removal, love handle removal, and arm lift are some of the most common body contouring procedures, according to doctors and beauty clinics who perform these procedures.
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The market is segmented by invasiveness into:
- non-invasive
- Minimally invasive
- attacking
On the basis of end use, the industry is segmented into:
- Clinical Research Organizations
- hospitals
- Medical spa
- clinics
The market can be divided as follows…
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