According to the current analysis of Reports and Data, the global Non-Invasive Fat Reduction Market valued at USD 870.4 million in 2018 and is expected to reach USD 2.83 billion by the year 2026, at a CAGR of 15.8%. Non-invasive fat removal is a non-surgical procedure to remove fats from different parts of the body. Rise in the sedentary lifestyle, and the incidences of obesity, are the factors responsible for market growth. Additionally, the rise in the disposable income among the consumers and the demand for non-invasive treatment are further boosting the market growth. The increased awareness among the individuals to remaining healthy and fit is the primary factor fueling the growth of the market. However, the high expenditure cost of treatment is the primary factor restraining market growth. WHO in the year 2016 has reported that more than 1.9 billion adults, i.e., above the age of 18, were overweight out of this 650 million adults were obese. In 2016, 39% of adults over 18 years were overweight, and 13% were obese.
North America is expected to dominate the market in the forecast period, due to an increase in the incidences of obesity rise in the research and developed in the region, regulatory approval for various technologies, and growing preference for minimally invasive procedures.
In-depth Study of the Competitive Landscape:
The global Non-Invasive Fat Reduction market consists of various market players, which make this business sphere highly competitive. In this section of the report, the authors have provided authentic information on product portfolios, new product innovations, technological capabilities, and product pricing strategies of each of these players. Moreover, it discusses the key strategies implemented by these players, such as mergers acquisitions, joint ventures, collaborations, partnerships and agreements, to build on their market presence.
Top companies profiled in the report include:
BTL (U.K), Cutera Inc.(U.S.), ZELTIQ Aesthetics, Inc.(U.S.), Solta Medical, Inc (U.S.), Venus Concept (Canada), Alma Lasers (Fosun Pharmaceutical Co, Ltd.) (China), Cynosure, Inc (U.S.), Syneron Medical Ltd. (U.S.), Lumenis Ltd. (Israel), Hologic, Inc. (U.S.), Allergan (U.S.), Erchonia (U.S.)
Technologies Outlook (Revenue in Million USD; 2017–2024)
- Ultrasound
- Cryolipolysis
- Radiofrequency
- Low-Level Lasers
End use Outlook (Revenue in Million USD; 2017–2024)
- Cosmetic Centers
- Hospitals
- Dermatology Clinics
Key Market Regions Covered in the Report:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- The Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Frequently asked questions addressed in the report:
- What is the revenue growth rate of the global Non-Invasive Fat Reduction market over the forecast period?
- What are the major factors driving the growth of the Global Non-Invasive Fat Reduction Market?
- What are the key challenges impacting the global Non-Invasive Fat Reduction market growth?
- What are the outcomes of the SWOT Analysis and Porter’s Five Forces Analysis conducted in the report?
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