Cellulite Treatment Market to Witness Notable Growth by 2027 Covid-19 Analysis
Cellulite Treatment Market Research Report: Information by Treatment Procedure (Non-Invasive, Minimally-Invasive, Topical Treatment), Cellulite Type (Hard Cellulite, Soft Cellulite, Edematous Cellulite), End Use (Hospitals, Ambulatory Surgical Centres, Specialized Dermatology Clinics), and Region (North America, Europe, Asia-Pacific, Rest of the World)—Forecast to 2027
According to MRFR analysis, the global cellulite treatment market is expected to register a CAGR of11.2% from 2020 to 2027and hold a value of USD 3,162.1 million by2027.
The global cellulite treatment market is driven by several factors, such asintake of an unhealthy diet, long working hours in a similar posture, minimum physical exercise,genetics, and an increasing geriatric population.Moreover, the market players are developing products to restructure epidermal tissueto augmentthe market demand. For instance, MCCM Limited offers MCCM DNA for cellulite treatment. It is a biologically active ingredient that promotes the re-organization of epidermal tissues owing to its high regeneration properties. The application of MMCM ADNA increases skin elasticity offering the firmer appearance of the skin. The emergence of such products drives the market demand, fueling industry growth across the globe.
The industry players focus on expanding their distribution network and supply chain to dominate the global cellulite treatment market. The key players focus on new product launches, strategic agreements, and joint ventures to augment their market positions. For instance, in October 2019, Merz announced the launch of Cellfina, a cellulite treatment approved by the FDA. The cellulite treatment in the buttocks and thighs of adult females is highly effective and lasts for five years. The launch of such treatment procedures will increase customer satisfaction and provide a wide variety of options for cellulite treatment.
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North America is expected to dominate the cellulite treatment market, owing to the growing genetic diseases, adoption of the latest technologies for cellulite treatment, and expansion of operation facilities of the industry players across the region. In addition, increasing investments in the development of advanced devices to minimize cellulite formation have surged the level of competition amongst the market players. Moreover, the competitors are launching devices integrated with advanced technologies such as infrared light, radiofrequency and ultrasound, etc. Furthermore, the prominent players are involved in collaborations, partnerships, and R&D are a few of the factors driving the market growth.
Europe holds the second-largest position in the cellulite treatment market due to the growing demand for cosmetic treatment across the region. In addition, countries such as Germany, Sweden, UK, France, and Switzerland have a large number of patients that undergo cosmetic treatment to get a sculpted body.
Asia-Pacific is anticipated to be the fastest-growing region over the forecast period due to increasing investment in healthcare infrastructure, rising number of feminine population, and growing physical fitness awareness among the working population. In addition, the availability of qualified dermatologists for consultation and treatment is creating opportunities for industry players.
Furthermore, the growth of the market in the rest of the world is attributed to the technological advancements in cellulite treatment and the expansion of distribution channels throughout the region. For instance, Lumenis Ltd. announced the NuEra Tight with FocalRF technology available in Europe and the Middle East for skin tightening, fat reduction, cellulite, and wrinkle reduction. Such initiatives are driving the market growth of cellulite treatment in the MEA region.
The global cellulite treatment market has been segmented into treatment procedure, cellulite type, and end use. By treatment procedure, the market has been segregated into non-invasive, minimally-invasive, and topical treatment. The non-invasive segment is expected to hold a considerable share of the market in 2020. Increasing use of radiofrequency, infrared, and ultrasound technology for cellulite reduction will augment the market growth in the assessed time period.
Based on cellulite type, the global cellulite treatment market has been classified as hard cellulite, soft cellulite, and edematous cellulite. Soft cellulite held the largest segment share in 2020, owing to the increasing number of overweight and obese people across the globe.
Based on end use,the cellulite treatment market is classified into hospitals, specialized dermatology clinics, and ambulatory surgical centers. Specialized dermatology clinics held the largest market share in 2020 due to theavailability of skilled doctors, high efficacy rate, and better treatment infrastructure.
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Some of the key players in the global cellulite treatment marketareNubway (China), Merz Pharma GmbH & Co. KGaA (Germany), Beijing Sincoheren S & T Development Co., Ltd, (China), Cymedics (Germany), Cynosure, Inc. (U.S), IncelerMedikal Co. Ltd. (Turkey), Tanceuticals, LLC. (U.S), Zimmer Aesthetics (Germany), Syneron Medical Inc (U.S), Candela Medical (U.S), Hologic Inc. (U.S), Cutera (U.S), Skinrex Co., Ltd. (South Korea).
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