Cellulite Reduction Devices Market REPORT OVERVIEW
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The global cellulite reduction devices market size was USD 316.3 million in 2021 and market is projected to touch USD 923.07 million by 2031, exhibiting a CAGR of 11.3% during the forecasted period.
Cellulite is a skin condition or disease which is harmless and is caused when body fat accumulates mainly on the thighs, hips, and stomach and forms patches and dimpled skin on the body. It is a common condition, and several devices in the market treat the disease. The market is divided based on types and applications. The type segment consists of non-invasive and minimally invasive devices, while the application segment consists of commercial and household uses.
Cellulite reduction devices such as lasers and vacuum-based devices reduce cellulite accumulation on the skin to a great extent. Along with these devices, treatments such as carboxytherapy, radiofrequency, and exercises reduce cellulite in the body. The market is seeing an unprecedented boom in demand for the product post the pandemic. Thus, the devices and treatments mentioned above will drive the product's market growth.
COVID-19 Impact: Rise in Online Retail Shopping Proliferated Market Growth
The rise in online retail shopping during the pandemic spurred the market growth of cellulite reduction devices. The quick and effective delivery of the product to consumers increased the product's appeal, thus driving growth. The youth's adoption of beauty trends during the pandemic also proliferated market demand, thus increasing the device's market share by leading industrial players in regions such as North America, Europe, and the Asia Pacific. Along with this, a rise in the disposable income of consumers has led to increased product demand and production.
LATEST TRENDS
"Innovations and Advanced Technologies to Spur Market Growth"
With technology and innovations in the cellulite reduction devices market, the growth and demand have increased with a rise in the production and manufacturing capacities of the device. Countries lead the global market growth in advanced regions such as America and Europe due to the increasing disposable income in the region. Several treatments such as carboxytherapy, mesology, and endermologie that use these devices are also available in the market, acting as a driving force behind the market growth and share
Cellulite Reduction Devices Market SEGMENTATION
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By Type
The market is subcategorized based on types into non-invasive and minimally-invasive devices.
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By Application
Based on applications, the market is subcategorized into commercial and household applications..
DRIVING FACTORS
"The rise in the Adoption of Beauty Industry Trends to Lead Growth"
The increasing trend and adoption of beauty industry trends by youth in developed countries will drive the cellulite reduction devices market growth. The rising demand for anti-aging devices is on the rise as the disposable income of consumers in regions such as North America increases. These factors will thus drive the celluloid reduction devices market as companies' production and manufacturing capacities increase worldwide. Therefore, the companies will record massive profits and revenues as consumer demand increases.
"Rise in Demand for Anti-Aging Products to Drive Production"
Concerns about skin maintenance and the adoption of beauty standards by the youth will drive the market growth soon. The affordability of these products is increasing due to an expansion of the worldwide market by leading companies. The beauty industry is constantly growing in regions such as North America and Europe, where the disposable income of consumers is rising. In Asia, countries such as China and South Korea will lead the market growth as innovations come in and technology evolves.
RESTRAINING FACTORS
"Rise in Counterfeit Products and Price Increase by Manufacturers to Impede Growth"
The rise in counterfeit products and increased exaggerated claims by manufacturers of cellulite reduction devices will likely impede the market growth. Consumers and key investors may invest in the device only after discovering the product authenticity and reliability of the market's claims made by distributors and retailers. Developing countries in the Asia Pacific may invest in the product if it is affordable and matches their disposable income levels. Thus, the investors must consider these factors before investing in the region.
Cellulite Reduction Devices Market REGIONAL INSIGHTS
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"North America to Lead Market Share Owing to Rising Demand"
The North American region will lead the cellulite reduction devices market share due to increasing demand for cellulite devices such as lasers. Cellulite reduction devices are also used to treat melasma (skin cancer). The increasing prevalence of melasma in the region is driving the market growth and share of the product. The growing population in the region also demands the devices in large quantities, thus causing the market prospects of the development. Therefore, North America is a potential market for investments in the product as leading industrial players are based in the region.
KEY INDUSTRIAL PLAYERS
The report analyzes various market players in the industry, and the information is published after proper research, analysis of trends, key developments, new initiatives, and technological developments and innovations. Other aspects of the report include research on companies, regions, technical and environmental outcomes, and newly emerging industries' impact and risks. The facts in the information may be subject to change, given the situation of market players from time to time. The research considers all the points after a thorough analysis, thus generating future possibilities for the market.
List of Market Players Profiled
- Syneron Candela (U.S.)
- Beijing KES Biology (China)
- LPG (France)
- Venus Concept (Canada)
- Ulthera (U.S.)
- Zimmer Aesthetics (U.S.)
- Pollogen (Israel)
- Home Skinovations (Israel)
- Cynosure (U.S.)
- Solta Medical (U.S.)
- 3D-Lipo (U.K.)
INDUSTRY DEVELOPMENT
June 2022: Cynosure launched its latest aesthetic PicoSure Pro laser device, the only 755 nm picosecond laser with FDA clearance in the cellulite reduction devices market. The device uses pressure in place of heat to provide safe and effective treatment for the skin and unwanted pigmentation on the body. The device is designed with an advanced platinum focus lens to reduce wrinkles, acne, and pores on the skin and is approved by the FDA for treating pigments in melasma (skin cancer).
REPORT COVERAGE
The report examines elements that affect the demand and supply factors and estimates dynamic market forces for the forecast period. It also offers drivers, restraints, the latest trends, and critical industrial developments. After evaluating financial and technical market factors, the report provides an extensive SWOT analysis. The research is subject to alteration if crucial players and analysis of market dynamics change. The information is an approximate estimation of the factors mentioned, taken into consideration after thorough research. The report also provides information on segmentation, key industry developments, and an analysis of risks in the cellulite reduction devices industry.
REPORT COVERAGE | DETAILS |
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Market Size Value In |
US$ 316.3 Million in 2021 |
Market Size Value By |
US$ 923.07 Million by 2031 |
Growth Rate |
CAGR of 11.3% from 2021 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Segments Covered |
Type and Application |
Regional Scope |
Global |
Frequently Asked Questions
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What value is the cellulite reduction devices market expected to touch by 2031?
The global cellulite reduction devices market is expected to touch USD 923.07 million by 2031.
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What is the CAGR that the cellulite devices market is expected to exhibit by 2031?
The cellulite devices market is expected to exhibit a CAGR of 11.4% by 2031.
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What are the driving factors of the cellulite devices market?
Demand for beauty products, innovations, technology development, and consumers need for anti-aging products are the markets driving factors.
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Which are the leading companies operating in the cellulite devices market?
Syneron Candela, Beijing KES Biology, LPG, Venus Concept, Ulthera, Zimmer Aesthetics, Pollogen, Home Skinovations, Cynosure, Solta Medical, and 3D-Lipo are the leading companies in the market.