The global cellulite treatment market size is anticipated to reach USD 2,806.60 million by 2026 registering a CAGR of 11.0%, according to a new report by Grand View Research, Inc. This can be attributed to improved efficacy and safety of these techniques and increasing cases of obesity due to sedentary lifestyle and improper diet. In addition, supportive government initiatives are expected to fuel the market growth. For instance, the U.S. Food and Drug Administration (FDA) cleared Cellfina, minimally invasive cellulite treatment, in 2016. Furthermore, new product developments by the major market participants are anticipated to boost the market growth.
With Covid-19 infections rising globally, the apprehension regarding a shortage of essential life-saving devices and other essential medical supplies in order to prevent the spread of this pandemic and provide optimum care to the infected also widens. In addition, till a pharmacological treatment is developed, ventilators act as a vital treatment preference for the COVID-19 patients, who may require critical care. Moreover, there is an urgent need for a rapid acceleration in the manufacturing process for a wide range of test-kits (antibody tests, self-administered, and others). The report will account for Covid19 as a key market contributor.
For instance, Endo International Plc is anticipated to launch its cellulite treatment by the end of 2020 while Soliton, Inc. has initiated clinical trials for its non-invasive treatment for cellulites. The global cellulite treatments market is anticipated to witness many merger & acquisitions and sategic collaborations during the forecast period due to emphasis on market consolidation by established companies to limit competitive rivarly. For instance, according to Investor’s Business Daily, Inc. article, Allergan is estimated to seek collaboration with Endo International for international marketing of the Endo’s cellulite treatment. This collaboration is anticipated to compliment the body conturing and aesthetic portfolio of Allergan.
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Cellulite Treatments Market Report Highlights
Non-invasive procedures accounted for the largest market share in 2018 due to popularity and easy availability of these procedures
Soft cellulite segment is anticipated to witness a lucrative CAGR over forecast period. High prevalence of this cellulite type along with easy removal process is anticipated to fuel the segmetn growth
Clinics and beauty centers segment led the global market share in 2018 and is estimated to expand further at the fastet CAGR over the forecast period
North America was the dominant regional market in 2018 due to the presence of advanced medical infrastructure, skilled personnel, and comparatively higher expenditure on cosmetics and aesthetic procedures in the region
Key companies in the global cellulite treatments market are Cymedics; Nubway; Syneron Medical, Inc.; Zimmer Aesthetics; and Tanceuticals, LLC.
According to the data published by WHO, in 2016 more than 340 million children and adolescents were either overweight or obese and nearly 650 million adults were obese. Furthermore, cellulite also affects an individual’s psychological, behavioral, and psychiatric characteristics, thereby, anticipated to increase market growth.
For instance, according to the study published by Surgical and Cosmetic Dermatology, regarding the psychology of patients with cellulite, nearly 50% of the study population reported dissatisfaction regarding their appearance while nearly 78% reported the need to seek treatment. The introduction of novel products in the market is also anticipated to fuel the demand.
For instance, in 2016, Merz Pharma introduced Cellfina, a cellulite appearance enhancing treatment that lasts for at least 3 years. Such novel treatments are projected to drive the market. Furthermore, social media promotions and ads regarding such treatments have influenced a larger customer base, thereby augmenting the market growth.
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Grand View Research has segmented the global cellulite treatments market on the basis of procedure, cellulite type, end use:
Cellulite Treatment Procedure Outlook (Revenue, USD Million, 2015 - 2026)
Cellulite Treatment Cellulite Type Outlook (Revenue, USD Million, 2015 - 2026)
Cellulite Treatment End Use Outlook (Revenue, USD Million, 2015 - 2026)
Clinics & Beauty Centers
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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