Research and Markets - Global Liposuction Market 2016-2020 - Key Vendors are Cynosure, Erchonia & Genesis Biosystems

May 11, 2016, 06:10 ET from Research and Markets

DUBLIN, May 11, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Liposuction Market 2016-2020" report to their offering. 

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The report forecasts the global liposuction market to grow at a CAGR of 8.45% during the period 2016-2020. 

Liposuction is a procedure that surgically removes fat deposits from specific parts of the body such as abdomen, thighs, buttocks, hips, arms, and neck. The procedure can be both invasive and non-invasive.

Rising medical tourism initiatives are also helping in the growth of liposuction procedures, which use a wide variety of devices. This trend is helping the device providers, especially in APAC countries such as Singapore, India, Taiwan, Malaysia, South Korea, and Thailand. These countries have witnessed an increase in the number medical tourists as the procedures are cheaper in APAC compared to the Americas and Europe. 

According to the report, a key driver in the liposuction market is the growing number of obese and overweight people worldwide. These health conditions are attributed to overeating, genetics, physical inactivity, and psychological factors. If obesity is not treated at the early stages, it may lead to diabetes, high blood pressure, heart failure, stroke, cancer, osteoarthritis, and gout. Liposuction is the most preferred method for body fat reduction in overweight and obese people. 

Further, the report states that there are several side effects associated with liposuction procedures such as shock, fluid overload, fat embolism, bleeding, blood clots, burns, scarring, uneven fat removal, drug reactions, and even death. These constitute a major setback for the liposuction market, particularly for the device providers. 

Key vendors:

  • Cynosure
  • Erchonia
  • Genesis Biosystems
  • Valeant Pharmaceuticals
  • Alma Lasers

Key Topics Covered:  

PART 01: Executive summary 

PART 02: Scope of the report 

PART 03: Market research methodology 

PART 04: Introduction 

PART 05: Market landscape 

PART 06: Market segmentation by application

PART 07: Geographical segmentation 

PART 08: Market drivers 

PART 09: Impact of drivers 

PART 10: Market challenges 

PART 11: Impact of drivers and challenges 

PART 12: Market trends 

PART 13: Vendor landscape 

PART 14: Key vendor analysis 

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SOURCE Research and Markets