The demand for body contouring in NYC and other regions across the globe has been increasing due to various factors. A recent ResearchMoz report entitled “Global Body Contouring Market: Industry Analysis & Outlook (2017-2021)” analyzes the development of body contouring market, with focus on the US market.
Body contouring modifies the shape of the human body that includes surgical procedures body lift, bra line back lift, body fat transfer, implants and abdominal etching. Alteration of areas such as the torso, upper arms, thighs, buttocks, and chest is done with the intention to improve the overall appearance of the body.
According to www.openpr.com, the ResearchMoz report provides a comprehensive analysis of the body contouring market growth drivers, factors that hinder market growth, current market trends, and market structure and projections for upcoming years. The factors are driving the growth of this market during the forecast period are:
- Increasing disposable income
- Growing number of obese people
- Rising geriatric population
- Technological advancements
- Increasing aesthetic awareness
A press release from MilTech stresses that increase in the obese population and the focus on aesthetics and appearance amongst a proportion of the population as the key drivers of the body contouring market. The report notes that the market is also influenced by technological advancements and their benefits such as targeted internal delivery, less trauma, accurate fat measurements and removal, minimal invasion, and faster recovery time.
According to Transparency Market Research, the current trends in the market include
- Market consolidation by acquisition
- Change in consumer preferences
- More men going in for body contouring procedures
- Transition of customer base
Transparency Market Research predicts that the market is expected to reach a value of more than US$ 8 billion by 2022, growing at a CAGR of around 7% during 2017-2022. The only issues that tend to hinder the market growth prediction are the strict regulatory environment and high cost of procedures. This report segments the market into three categories based on the body contouring method:
- Invasive
- Minimally invasive
- Non-invasive
Procedures such as bariatric surgery, arm lift or brachioplasty, breast lift or mastopexy, stomach lift or abdominoplasty and lower body lift come under invasive body contouring procedures whereas minimally invasive body contouring include radio frequency assisted liposuction (BodyTite). Non-invasive procedures comprise those performed using radiofrequency energy devices, high-frequency focused ultrasound devices, cryolipolysis, and low-level light laser therapy devices.