Market Trends of India Medical Aesthetic Devices Industry
This section covers the major market trends shaping the India Medical Aesthetic Devices Market according to our research experts:
Body Contouring and Cellulite Reduction is Expected to Hold a Significant Share During the forecast period.
With the advent of minimally invasive procedures, body contouring and cellulite reduction devices also observed significant technological advancements in recent years. Body contouring is a series of treatments in which laser technology is used to increase collagen production and decrease the appearance of cellulite. It also reduces overall volume and tightens loose skin.
Recently in India, the demand for this procedure has increased with increasing obesity in the country. As per a February 2020 report by Shammi Luhar et al., published in PLoS One Journal, the prevalence of obesity has increased in recent years. It is also expected to increase in the future. As per the same report, the prevalence of obesity in urban areas has increased from 4.9% in 2010 to 9.1% in 2020 and is expected to rise to over 16% by 2040 in India. Body contouring procedures are done after major weight loss procedures or surgeries to tighten the skin. This factor is thus expected to help the market growth.
Furthermore, the rising adoption of body contouring devices by aesthetic clinics in India is further expected to drive the growth of this segment. For the first time in India, Corium Clinic by Dr. Asra Khumushi, a state-of-the-art Aesthetic Clinic in Nagpur, has introduced the "Evolve," a next-generation and only 3-dimensional Body Contouring gadget, in September 2021.
Therefore, owing to the above factors, the body contouring devices segment is expected to drive over the forecast period.
