Industry Outlook

Cellulite reduction devices market accounted for a market value of US$ 422.1 Mn in 2020 and projected to grow at a CAGR of 7.1% during the forecast period from 2021 to 2029. According to the American Society of Plastic Surgeons (ASPS), around 2/3rd of the total cosmetic procedures carried out in the U.S every year are now minimally invasive. Hence, in cellulite treatment minimally invasive devices have maintained their dominance since a decade. In addition to that, Rowe Plastic Surgery suggested that from 2019 to 2020 nonsurgical fat reduction procedures recorded a significant increase of 25%. This depicts that demand for cellulite reduction devices expected to increase throughout the forecast period from 2021 to 2029. According to several market experts, patients opting for cellulite reduction treatment are selecting variety of non-invasive technologies such as ultrasound, infrared light, radio frequency, and vacuum massage.

"Non-invasive cellulite reduction devices expected to dominate the market by the end of forecast period due to application specific advantages and prolonged effect"

In 2020, minimally invasive cellulite reduction devices are dominating the market due to key market drivers such as being the most preferred & practiced devices, the market penetration high compared to non-invasive cellulite reduction devices, and laser & microneedling devices give prolonged effect compared to topical cosmetic products. During the forecast period from 2021 to 2029, non-invasive cellulite reduction devices expected to take lead in the market due to increasing demand for non-invasive cellulite reduction therapies, modern technologies providing long-term effect, and physicians preferring non-invasive devices to reduce post-operative side effects. According to the American Society of Plastic Surgeons (ASPS), in 2020 15.7 million non-invasive cosmetics procedures were performed. In the same year, cellulite treatments observed a rise of 19% compared to year 2019. Thus, by the end of forecast period non-invasive cellulite reduction devices expected to overpass the minimally invasive devices due to incessant research in the field of non-invasive devices, and their efficiency related to less post-procedure complications & long-term effect.

"Growing trend of online sales expected to show its potential and significant impact on cellulite reduction devices"

Increasing penetration of internet has boosted the online sales channel globally ast a significant rate, the customers are able to get reviews, price discounts, and doorstep delivery of the products. Thus, cellulite reduction devices market is also experiencing same effect due to ample benefits possessed by online channel leading to ease in territorial expansion. During the forecast period, online sales channel expected to grow considerably and assist the cellulite reduction devices market. In developing countries from Asia Pacific such as India & China rapid urbanization and evolving lifestyles have encouraged consumers to purchase cosmetic devices to save consultation & procedure charges of professionals. According to Invesp, in 2021 global online retail sales reached 8.8% from 7.4% in 2019. In terms of major countries, total online retail sales increased in 2021 compared to 2019 in major countries was U.K (15.6%), China (13.8%), Norway (11.5%), Finland (10.8%), and South Korea (10.5%).

"Rising online retail market and high awareness related to body contouring procedure in Asia Pacific made it the most attractive region in cellulite reduction devices market"

Asia Pacific is the fastest growing cellulite reduction devices market due to attractive e-Commerce markets such as China, India, South Korea, Japan, Singapore, Indonesia, & Malaysia. The major factors that made Asia Pacific most attractive market for e-Commerce are rapid economic growth, supportive government policies, increasing social acceptance and awareness related to e-Commerce. The key factors responsible for growth of online sales channel due to key trends such as increasing penetration of mobiles & internet, efficient & secured transactions, doorstep delivery & wide range of purchase options.

This report further includes qualitative information such as key market trends, market drivers, opportunities, and restraints, to achieve accurate understanding of global cellulite reduction devices market. In addition to that, the key players present in the market investigated based on major attributes such as product portfolio, business strength, and key market strategies. The report also provides attractive investment proposition based on the extensive geographical research carried out based on PESTEL analysis. Key players profiled in the report include Syneron Candela, LPG, Beijing KES Biology, Zimmer Aesthetics, Cynosure, Solta Medical, and Venus Concept among others.

Historical & Forecast Period

This study report represents analysis of each segment from 2023 to 2033 considering 2024 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2025 to 2033.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Cellulite Reduction Devices market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Cellulite Reduction Devices market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Cellulite Reduction Devices market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2033.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Cellulite Reduction Devices market?
• Which is the largest regional market for Cellulite Reduction Devices market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Cellulite Reduction Devices market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Cellulite Reduction Devices market worldwide?