Global Slimming Devices Market, By Product (Electric Pulse Type, Vibration Type, Pneumatic Extrusion, Others), Technology (Cryolipolysis, Low Level Laser Therapy, Focused Ultrasound, Radiofrequency), Portability (Standalone, Portability), Body Area (Abdominal, Hip, Thighs, Others), End User (Gyms and Fitness Centers, Wellness Centers, Home, Others), Distribution Channel (Direct Tenders, Over the Counter, Retail), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Slimming Devices Market
The slimming devices market is expected to witness market growth at a rate of 6.06% in the forecast period of 2021 to 2028 and is expected to reach USD 4,225.24 million by 2028. Data Bridge Market Research report on slimming devices market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the obese population globally is escalating the growth of slimming devices market.
Slimming devices refer to the devices which assist in removing the undesirable fat stored in the human body while not affecting the other tissues of body. These devices ensure to help in weight loss and fat reduction without any exercise regime as they burn and dissolve fat. They are also beneficial in skin tightening and enhancement of the skin elasticity which leads to skin toning.
The rise in the number of obesity cases among population across the globe acts as one of the major factors driving the growth of slimming devices market. The increase in prevalence of chronic diseases such as hypertension, diabetes and orthopedic diseases caused by obesity and an unhealthy & sedentary lifestyle of people accelerate the slimming devices market growth. The rise in the health consciousness among people and digitalization ensuring easier access to information about the repercussions of being overweight further influences the slimming devices market. Additionally, growth in awareness regarding aesthetic appearance, change in lifestyle, growing desire to improve one’s appearance and growth of online retail sector positively affect the slimming devices market. Furthermore, technological advancements and product innovations extend profitable opportunities to the slimming devices market players in the forecast period of 2021 to 2028.
On the other hand, the rise in concerns regarding the side effects with the use of these devices is expected to obstruct the slimming devices market growth. The consumer preference towards healthy lifestyle through diet and regular exercise is projected to challenge the slimming devices market in the forecast period of 2021-2028.
This slimming devices market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on slimming devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Slimming Devices Market Scope and Market Size
The slimming devices market is segmented on the basis of product, technology, portability, body area, end user and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product, the slimming devices market is segmented into electric pulse type, vibration type, pneumatic extrusion and others.
- On the basis of technology, the slimming devices market is segmented into cryolipolysis, low level laser therapy, focused ultrasound and radiofrequency.
- On the basis of portability, the slimming devices market is segmented into standalone and portability.
- On the basis of body area, the slimming devices market is segmented into abdominal, hip, thighs and others.
- On the basis of end user, the slimming devices market is segmented into gyms and fitness centers, wellness centers, home and others.
- On the basis of distribution channel, the slimming devices market is segmented into direct tenders, over the counter and retail.
Global Slimming Devices Market Country Level Analysis
The slimming devices market is analyzed and market size insights and trends are provided by country, product, technology, portability, body area, end user and distribution channel as referenced above.
The countries covered in the global slimming devices market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the slimming devices market because of the rise in population of overweight and obese population, rising health concerns among people, rise in incidence of hypertension and diabetes and availability of better slimming and shaping products. Asia-Pacific is estimated to witness the fastest growth in the forecast period of 2021-2028 due to the rising awareness of available alternatives for weight loss and management, rise in modernization, increase in disposable income and aspiration of the younger generation to stay fit in the region.
The country section of the slimming devices market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The slimming devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for slimming devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the slimming devices market. The data is available for historic period 2010-2019.
Competitive Landscape and Slimming Devices Market Share Analysis
The slimming devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to slimming devices market.
The major players covered in the slimming devices market report are BTL, Sakhi Beauty Concepts, Infocom Network Limited, Johari Digital Healthcare LTD, S.K. Enterprises, Beauty & Health Care Corporation, Radium Beauty & Hairdressing Equipment Manufacturer Co.,Ltd., Slim Up, jontegroup, Foxnovo Innovations Limited, Health Technology among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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