Research and Markets: North American Markets for Body Contouring Devices 2009-2013

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/ac2188/north_american_mar) has announced the addition of the "North American Markets for Body Contouring Devices 2009-2013" report to their offering.

“North American Markets for Body Contouring Devices 2009-2013”

Through 2013, the North American market for body contouring devices will be driven by a high level of aesthetic consciousness in the region. The rising number of overweight individuals, particularly in the US, will also create a large pool of patients who are ideal candidates for various body contouring procedures. As a result of patient demand for such procedures, physicians will continue to adopt body contouring devices. Both new and existing competitors are releasing technological innovations, such as dual-wavelength laser-assisted liposuction (LAL) devices that produce enhanced procedural outcomes, which will also boost body contouring device uptake.

The global economic recession will, however, restrict market growth to some extent. Given the elective nature of most body contouring procedures, many patients will postpone or forego procedures due to reduced disposable incomes. Because of this, many physicians are earning less revenue, making it difficult for them to purchase new capital equipment. The financial downturn led to a decline in sales from 2008 to 2009; however, the market will begin to rebound upon economic recovery, which Millennium Research Group assumes will occur in early 2010.

Questions answered in this report:

Cynosure launched its new SmartLipo MPX in the second quarter of 2008 in the US and Canada, making it the first dual-wavelength LAL device to be available in the market. How did the launch of the SmartLipo MPX affect market growth for LAL devices in the US? How did this launch impact the Canadian market? What are physicians' opinions on dual-wavelength LAL devices?
Besides the launch of Cynosure's SmartLipo MPX in the LAL market in the US, a large number of other competitors will have entered this space with new product launches by the end of 2009. These include CoolTouch's CoolLipo, Elem Medical's SmoothLipo, Palomar Medical Technologies' SlimLipo, Sciton's ProLipo PLUS, and Syneron's LipoLite. How will the addition of six new devices in the LAL space affect the growth of the US LAL device market through 2013? How will market average selling prices (ASPs) change as a result of intensifying competition?
The rising number of overweight individuals in North America will continue to expand the large pool of patients who are ideal candidates for various body contouring procedures. How much of an impact will this have on the different types of body contouring procedures? Which of the procedures will grow the fastest (skin tightening, cellulite reduction, fat reduction, or gastric banding) in the US and Canada?
In 2008, UltraShape's Contour 1 was the only transdermal ultrasound device available in Canada through its distributor Clarion Medical. In June 2009, Medicis' LipoSonix received Health Canada approval. How will the entrance of another transdermal ultrasound device in Canada impact the growth of other fat reduction device sales in the country? How will ASPs for the fat reduction device market as a whole change going forward? When are transdermal ultrasound devices expected to enter the US market?

Scope:

Regions covered: US and Canada

Segmentation: Our analysis uses the following segmentation of the market:

Cellulite reduction devices:

Class I
Class II

Skin tightening devices:

Handpieces
Disposable tips
Single-application devices

Fat reduction devices:

Fat reduction capital equipment (LAL, power-assisted liposuction, ultrasound-assisted liposuction, transdermal ultrasound, and noninvasive laser, light, and energy fat reduction devices)
Traditional capital equipment (aspirators, infiltrators, and cannulae)
Consumable equipment (procedure fees, canister liners, aspiration tubing, and infiltration tubing)

Gastric bands:

Market forecast features: Based on primary research with industry professionals and end users, we use our proprietary forecasting model to provide an in-depth examination of current and future trends in procedure volumes, unit sales, ASPs, and market values over a 7-year period (20072013).

Competitive analysis: We provide a detailed analysis of the competitive landscape in the market, as well as market shares and qualitative discussions of the leading competitors in the overall North American body contouring device market, as well as by country and for each device segment.

Companies Mentioned: