MRO Magazine

Technavio Announces Top Five Vendors in the Global Liposuction Market Until 2020


May 5, 2016
By Business Wire News

LONDON

Technavio has announced the top five leading vendors for the global liposuction marketin their latest research report. This report also lists 17 other prominent vendors who are expected to contribute to this market’s growth over the forecast period.

To identify the top vendors, Technavio’s market research analysts have considered the top contributors to the overall revenue of this market. To calculate the market size, we use the revenue generated from the sale of cardiovascular training equipment. The market size was calculated on the basis of the techniques involved in liposuction procedures such as laser assisted, radio frequency assisted, ultrasound, and others.

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“Over the past decades, there has been a significant change in the number of individuals opting for various types of cosmetic surgery. In 2014, 1,372,901 liposuction procedures were conducted globally, constituting 14.8% of the total surgical procedures in the cosmetic surgery market. The increase in the number of people seeking liposuction treatment will fuel the market during the forecast period. Brazil, Mexico, Colombia, Germany, South Korea, France, Japan, India, China, Iran, and the US are the major markets for liposuction procedures. Among these countries, the US has shown significant growth during 1997-2014,” said Abhay Sinha, one of Technavio’s lead analysts for health and wellness research.

“Energy-based techniques provide quality results as the majority of them are non-invasive, thereby reducing the chances of side effects. They have also increased patient satisfaction by significantly reducing pain, swelling, and bruising; reducing the time of the procedure; and ultimately providing the desired shape to the body of patients, thereby increasing the popularity of liposuction,” added Abhay.

Top five leading vendors in the global liposuction market:

Cynosure

Cynosure was founded in 1991 and is headquartered in Westford, Massachusetts, US. They develop, manufacture, and market a wide range of aesthetic treatment systems for plastic surgeons, dermatologists, and other medical practitioners.

Cynosure established its presence in the global liposuction market through its key products that focus on reducing fat through laser lipolysis. Its solutions include non-invasive and minimally invasive procedures. The company mainly uses diode lasers and NdYAG lasers for a temporary reduction in the appearance of cellulite.

Erchonia

Erchonia was founded in 1996 and is headquartered in McKinney, Texas, US. The company engages in the R&D and manufacture of medical laser and cosmetic laser products. The company offers products such as PL 5000 and PL 30003LT, base station, EML, custom design, Zerona medical lasers, medical percussors, floor and flex stands, and adjustors, which are handheld mechanical adjustment devices. In addition, the company provides liposuction laser equipment, enhanced breast augmentation lasers, and a wide range of medicines for neck and shoulder pain. Its lasers are used to reduce body fat, eliminate pain, accelerate healing, and treat acne.

Genesis Biosystems

Genesis Biosystems was founded in 2001 and is headquartered in Lewisville, Texas, US. It is a manufacturer of aesthetic and biomedical products. The company specializes in skin rejuvenation systems, like the DermaFrac system, which features micro-channeling, infusion of topical serums, microdermabrasion, and LED light therapy.

Genesis Biosystems established its presence in the global liposuction market through a wide range of aesthetic equipment. The LipiVage fat transfer system is the company’s key product line. It specializes in fat harvesting, which gently separates and concentrates fat cells within a sterile device.

Valeant Pharmaceuticals

Valeant Pharmaceuticals was founded in 1960 and is headquartered in Laval, Quebec, Canada. The company develops, manufactures, and distributes a wide range of branded, generic pharmaceutical, OTC products, and medical devices. It specializes in dermatology, eye health, consumer health, and neurology areas.

The company’s CeraVe is an OTC range of products with essential ceramides and other skin-nourishing and skin moisturizing ingredients. The company also offers a wide range of medical device systems for liposuction applications. The company also specializes in researching lipolysis and new technologies for skin rejuvenation and tissue regeneration.

Alma Lasers

The company designs, develops, manufactures, and markets a wide range of laser, light-based, radio frequency, and ultrasound solutions for the aesthetic and surgical markets. The company provides multi-technology systems and has revolutionized existing treatment methods, serving the needs of both patients and practitioners across the world. The company sells its products to core customers such as dermatologists and plastic surgeons and to non-core customers through aesthetic treatments.

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About Technavio

Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

If you are interested in more information, please contact our media team at media@technavio.com.

Technavio Research
Jesse Maida
Media & Marketing Executive
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