Liposuction Surgery Devices Market size is set to increase from USD 3.68 billion to USD 13.96 billion, registering a CAGR of around 10.7% during the forecast period, from 2025 through 2037. In the year 2025, the industry size of liposuction surgery devices is assessed at USD 4 billion.
The market growth can be ascribed to growing concern for obesity among the population and rising diseases owing to it, such as fatigue, cholesterol, heart diseases and others. The World Health Organization (WHO) stated that in 2019, almost 38.2 million children under the age of 5 years were diagnosed as obese or overweight.
Growing beauty standards in the world has increased the demand for liposuction surgeries by both men and women. This has also pushed both the men and women sections to adopt cosmetic surgeries. As a result, it is projected that the beauty industry to expand and bring lucrative growth opportunities for the market. As per a report launched in 2022, it was estimated that the global beauty industry generates more than USD 100 billion across the worldwide.
Growth Drivers
Challenges
Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
10.7% |
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Base Year Market Size (2024) |
USD 3.68 billion |
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Forecast Year Market Size (2037) |
USD 13.96 billion |
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Regional Scope |
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End-user (Hospitals, Ambulatory Centers, Cosmetic Surgical Centers)
The hospitals segment is attributed to garner the highest liposuction surgery devices market share by 2037. The growth of the segment can be attributed to surge in the number of hospitals present across the world who are offering different types of surgeries, including liposuction surgeries, and therefore the need for these surgical devices. As per the statistics by the Organization for Economic Co-operation and Development (OECD), the number of hospitals in the United States rose from 5,564 in 2015 to 6,090 in 2019. Also, the trust factor associated with hospitals and rising awareness about benefits that can be availed in the hospitals are estimated to fuel the growth of the segment.
Our in-depth analysis of the global market includes the following segments:
By Product |
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By Technology |
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By End-Users |
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Asia Pacific Market Forecast
The Asia Pacific liposuction surgery devices market is projected to hold largest revenue share by the end of 2037. The primary factor for the market growth is rising beauty standards among the population, expansion of beauty industry and growth in aesthetic procedure industry in the region. As per a report published by the National Library of Medicine, it is stated that the aesthetic procedure industry is projected to grow with a notable CAGR of 6% between 2019 - 2027. Further, the high disposable income has propelled the population to spend more on beauty procedures, boosting market expansion in the region.
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Author Credits: Radhika Pawar
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