Non-invasive Fat Reduction - Global Market Outlook (2019 -2027)
According to Stratistics MRC, the Global Non-Invasive Fat Reduction Market is accounted for $933.41 million in 2019 and is expected to reach $3,556.41 million by 2027 growing at a CAGR of 18.2% during the forecast period. While factors like increasing demand for minimally invasive procedures and the rising prevalence of obesity are the major factors propelling market growth. However, the potential risk of side effects on the skin in contact with laser is hampering the market growth.
Non-invasive fat reduction is well-known as non-surgical fat reduction. Non-invasive fat reduction is a medical method for dropping fats from body areas such as abdomen love handles etc. This procedure destroys fat cells by increasing the temperature of body fat. Non-invasive reduction options use a multiplicity of modalities, infrared light, including ultrasound, radiofrequency, vacuum massage, etc.
Based on the end user, the hospital segment is estimated to have a lucrative growth due to the hospital settings are well equipped with high-end technology, fat reduction devices, professional practitioners, and essential infrastructure to carry out such procedures, furthermore, there is a sense of trust and reliability when the treatment is conducted in a hospital.
By geography, North America is likely to have a huge demand during the forecast period due to the increasing obese population, increasing R&D in the region, highest per capita disposable income, increasing adoption of new technology, and constant awareness campaigns. An increasing need for perfect appearance and confidence through physical characteristics in the major fields of work is driving the market for non-invasive fat reduction in the region.
Some of the key players profiled in the Non-Invasive Fat Reduction Market include BTL Industries, Cutera Inc., Cynosure LLC, Fosun Pharmaceuticals Co. Ltd, Lynton Lasers Ltd, Syneron Candela, Venus concept, Zeltiq Aesthetics, Hologic Inc, Candela Corporation, Lumenis Ltd, and Solta Medical, Inc.
• Low Level Lasers
End Users Covered:
• Dermatology Clinics
• Cosmetic Centers
• Multispecialty Clinics
• Stand Alone Practices
• Aesthetic Clinics
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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