The market is primarily from increased patient awareness of procedures available to those displaced, the report said. This is complemented by a number of factors relating to the supply side of the market. The increase in the number of players in the body shaping market and thus has led to intense competition between companies. This will likely lead to lower prices in the near future more and more affordability for the patient.
Non-invasive devices are the fastest growing category in the body shaping device with the associated benefits, such as downtime, cost-effectiveness and a better efficacy in fat reduction market driven. The emerging economies will be the focal point for newcomers and existing companies in this market. Emerging markets have tremendous potential for body contouring procedures due to rising incomes, which in turn will improve affordability. The rest of the developed economies is an important factor in the growth of body contouring device market. In 2010, the sale of body shaping equipment rose in the United States and Europe by about 30% to 40% in 2009. Lack of consideration for aesthetic procedures, together with the need for multiple treatments, the greatest caution in this market.
The U.S. contribution to the global body contouring device market $ 330 million in 2010 and is expected to reach $ 700 million in 2017, with annual growth of 11%. The United States is the largest market for body shaping devices, and will remain so in the future. The U.S. market for body contouring devices is currently dominated by minimally invasive devices, in contrast to Europe and Asia Pacific. This is due to the fact that many non-invasive devices that are approved and are suitable for use in Europe and Asia still on the FDA approval in the United States.
As a result, the FDA-approved for other non-invasive devices are expected in the near future, which is driving the market for body shaping devices in the United States. According to the American Society for Aesthetic Plastic Surgery (ASAP), 80% of U.S. citizens are dissatisfied with their look and aesthetic surgery, 90% of these patients opt for a non-invasive devices because the cost-effectiveness and minimal discomfort the patient. The merger of minimally invasive and noninvasive devices on the market to suppress the body shaping devices in the United States.