Australia Liposuction Surgery Devices Market Size & Outlook
Australia liposuction surgery devices market, 2018-2030 (US$M)
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Australia liposuction surgery devices market highlights
- The Australia liposuction surgery devices market generated a revenue of USD 71.1 million in 2023 and is expected to reach USD 175.7 million by 2030.
- The Australia market is expected to grow at a CAGR of 13.8% from 2024 to 2030.
- In terms of segment, laser-assisted liposuction (lal) was the largest revenue generating technology in 2023.
- Jplasma is the most lucrative technology segment registering the fastest growth during the forecast period.
Liposuction surgery devices market data book summary
| Market revenue in 2023 | USD 71.1 million |
| Market revenue in 2030 | USD 175.7 million |
| Growth rate | 13.8% (CAGR from 2023 to 2030) |
| Largest segment | Laser-assisted liposuction (lal) |
| Fastest growing segment | Jplasma |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tumescent liposuction, Ultrasound-assisted liposuction (UAL), Laser-assisted liposuction (LAL), Power-assisted liposuction (PAL), BodyJet or Water Assisted Liposuction (WAL), Jplasma |
| Key market players worldwide | Alma Lasers Ltd, InMode Ltd, Apyx Medical Corp, Cynosure, Bausch Health Companies Inc, Genesis Biosystems, MicroAire |
Other key industry trends
- In terms of revenue, Australia accounted for 1.2% of the global liposuction surgery devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, South Korea liposuction surgery devices market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 370.9 million by 2030.
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Liposuction Surgery Devices Market Scope
Liposuction Surgery Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia liposuction surgery devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to liposuction surgery devices market will help companies and investors design strategic landscapes.
Laser-assisted liposuction (lal) was the largest segment with a revenue share of 22.36% in 2023. Horizon Databook has segmented the Australia liposuction surgery devices market based on tumescent liposuction, ultrasound-assisted liposuction (ual), laser-assisted liposuction (lal), power-assisted liposuction (pal), bodyjet or water assisted liposuction (wal), jplasma covering the revenue growth of each sub-segment from 2018 to 2030.
There has also been significant rise in disposable income in Australia. Key drivers boosting market growth include increase in obese population, high disposable income & awareness about self-care, and rise in adoption of esthetic procedures.
CoCo Ruby, a plastic surgery facility in Sydney, Australia, stated that the pandemic has led to unexpected cosmetic surgery boom in the country, with reported increase of 40% in the number of enquiries for surgical esthetic treatment According to Take a Tumble, Australians spend around USD 1 billion on cosmetic procedures every year.
These factors are expected to fuel market growth. Moreover, Australia is known for adopting new technologies at a faster rate than most other countries and is likely to accept innovative fat reduction treatments at a quicker pace, which is expected to boost the market in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia liposuction surgery devices market , including forecasts for subscribers. This country databook contains high-level insights into Australia liposuction surgery devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia liposuction surgery devices market size, by technology, 2018-2030 (US$M)
Australia Liposuction Surgery Devices Market Outlook Share, 2023 & 2030 (US$M)
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