The Non-Invasive Fat Reduction Market Size was valued at USD 1.39 billion in 2023 and is expected to reach USD 4.67 billion by 2031, and grow at a CAGR of 16.3% over the forecast period 2024-2031.
Non-invasive fat reduction is a noninvasive therapy that breaks down fat cells selectively in specific regions to reduce the size of fat tissue stores. Overweight is on the rise worldwide, particularly in North America. Being overweight is on the rise, and those who are affected are becoming increasingly concerned about their health. As a result, public awareness of the negative consequences of obesity is growing. As a result of these growing concerns, the demand for minimally invasive and non-invasive fat removal methods is expanding. These elements have added to the market's general development.
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Besides, non-invasive fat reduction gadget is costly, hence the technique's expense ascends also. Moreover, while these lasers are protected to utilize, they might leave careful markings on the skin after a medical procedure. Subsequently, these variables are blocking market extension.
DRIVERS
More demand for body shaping devices.
Demand for body contouring
Non-surgical fat reduction procedures adoption
RESTRAINTS
High Cost
Supply chain activities have been restricted
Lack of skill and technical knowledge.
OPPORTUNITIES
Focus on launching new product with advance technologies
Expanding Regional presence
CHALLENGES
Government police
environmental worries are rising
The COVID-19 epidemic has had a significant impact on the whole market. However, many aesthetic specialists believe that the pandemic will certainly accelerate the aesthetic business as a whole. The number of future appointments and consultations for various skin treatments has increased at many dermatological clinics, which is projected to support market growth. These treatments should be performed by qualified experts who are actually capable.
By Technologies: Cryolipolysis is a non-invasive procedure that uses freezing temperatures to freeze and destroy fat in the targeted location, which is then drained out of the body by metabolic processes over the course of two to six months.
Consumers are likely for a low-risk procedure that provides immediate and long-term results. Demand for cryo lipolysis is predicted to increase because it is more economical, has relatively common problems such as transient soreness, has no downtime, and a number of campaigns have been undertaken by various major parties to raise knowledge about the device's safety and advantages.
By End Use: Hospital facilities are well equipped with high-tech, fat reduction devices, skilled practitioners, and the required infrastructure to carry out such procedures; also, when the treatment is conducted in a hospital, there is a sense of confidence and reliability. The accreditation of a hospital is an important feature that has a beneficial impact on a patient's decision to undergo cosmetic operations. The multispecialty clinic category is expected to increase significantly throughout the projection period, as it meets all of the patients' demands in one convenient place, with procedural flexibility and the availability of qualified practitioners. In the future years, the market as a whole is expected to have extremely high demand and strong growth potential, resulting in total market expansion and greater revenue.
By Technology Type
Low-Level Lasers
Ultrasound
Cry lipolysis
Others
By End-Use Type
Hospitals
Multispecialty Clinics
Stand Alone Practices
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The Non-Invasive Fat Reduction market was split evenly between North America, Europe, and Asia Pacific. Among the few factors expected to contribute to the market's growth are an increase in the number of well-established Non-Invasive Fat Reduction companies and research institutes in the United States and Canada, a large number of ongoing research studies, and the overall growth of the healthcare sector on a global scale. The increased elderly population, increasing surgical procedures, and the availability of established healthcare infrastructure all contribute to regional market growth. One of the key reasons for the increased demand for Non-Invasive Fat Reduction techniques and technologies among academic and research institutions is the fact that they are less invasive.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
South Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The Major key market players are as follows - Fosun Pharmaceuticals Co. Ltd, Zeltiq Aesthetics, BTL Industries, Lynton Lasers Ltd., Cutera Inc, Venus Concept, Cynosure, Candela Corporation, and Other Players.
Report Attributes | Details |
---|---|
Market Size in 2023 | US$ 1.39 Billion |
Market Size by 2031 | US$ 4.67 Billion |
CAGR | CAGR of 16.3% From 2024 to 2031 |
Base Year | 2023 |
Forecast Period | 2024-2031 |
Historical Data | 2020-2022 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Technology Type (Low-Level Lasers, Ultrasound, Cry lipolysis, Others) • By End-Use Type (Hospitals, Multispecialty Clinics, Stand Alone Practices) |
Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
Company Profiles | Fosun Pharmaceuticals Co. Ltd, Zeltiq Aesthetics, BTL Industries, Lynton Lasers Ltd., Cutera Inc, Venus Concept, Cynosure, Candela Corporation |
DRIVERS | • More demand for body shaping devices. • Demand for body contouring • Non-surgical fat reduction procedures adoption |
Restraints | • High Cost • Supply chain activities have been restricted • Lack of skill and technical knowledge. |
Ans: The Non-Invasive Fat Reduction Market Size was valued at USD 1.39 billion in 2023.
Ans: The USD 4.67 billion is the expected market size in 2031.
Ans: Major players in the market are Fosun Pharmaceuticals Co. Ltd, Zeltiq Aesthetics, BTL Industries, Lynton Lasers Ltd., Cutera Inc, Venus Concept, Cynosure, Candela Corporation, and others in final report.
Supply chain activities have been restricted
Lack of skill and technical knowledge.
Ans: The forecast period of Non-Invasive Fat Reduction Market is 2024-2031.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Non-invasive fat reduction market Segmentation, by Technology Type
8.1 Low-Level Lasers
8.2 Ultrasound
8.3 Cry lipolysis
8.4 Others
9. Non-invasive fat reduction market Segmentation, by End-Use Type
9.1 Hospitals
9.2 Multispecialty Clinics
9.3 Stand Alone Practices
10. Regional Analysis
10.1 Introduction
10.2 North America
10.2.1 USA
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6 The Netherlands
10.3.7 Rest of Europe
10.4 Asia-Pacific
10.4.1 Japan
10.4.2 South Korea
10.4.3 China
10.4.4 India
10.4.5 Australia
10.4.6 Rest of Asia-Pacific
10.5 The Middle East & Africa
10.5.1 Israel
10.5.2 UAE
10.5.3 South Africa
10.5.4 Rest
10.6 Latin America
10.6.1 Brazil
10.6.2 Argentina
10.6.3 Rest of Latin America
11. Company Profiles
11.1 Fosun Pharmaceuticals Co. Ltd
11.1.1 Financial
11.1.2 Products/ Services Offered
11.1.3 SWOT Analysis
11.1.4 The SNS view
11.2 Zeltiq Aesthetics
11.3 BTL Industries
11.4 Lynton Lasers Ltd.
11.5Cutera Inc
11.6 Venus Concept
11.7 Cynosure
11.8 Candela Corporation.
12. Competitive Landscape
12.1 Competitive Benchmark
12.2 Market Share Analysis
12.3 Recent Developments
13. Conclusion
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