The non-surgical fat reduction market is expected to be worth US$ 1.3 billion by the end of 2022, and to grow at a CAGR of 13.6% to be worth US$ 4.5 billion by 2032. According to a recent study by Future Market Insights, cryolipolysis will lead the global market with a market share of approximately 33.3% in 2021.
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With the advancement of technology, non-invasive or non-surgical fat removal procedures have grown in popularity. These non-surgical procedures provide significant benefits in terms of efficiency, quick results, and convenience when administered with proper medication, care, and guidance. These factors, along with shorter procedure times and fewer complications, are propelling the global non-surgical fat reduction market forward. However, the higher costs associated with this technique, combined with hidden procedural costs, pose a challenge to the global market’s growth.
With the advancement of technology, non-invasive or non-surgical fat removal procedures have grown in popularity. These non-surgical procedures provide significant benefits in terms of efficiency, quick results, and convenience when administered with proper medication, care, and guidance. These factors, along with shorter procedure times and fewer complications, are propelling the global non-surgical fat reduction market forward. However, the higher costs associated with this technique, combined with hidden procedural costs, pose a challenge to the global market’s growth.
3 Key Projections on Global Non-Surgical Fat Reduction Market
By Product type, the laser based devices segment is expected to be the largest segment in terms of value and market share. Moreover, this segment is projected to grow at the highest pace to register a CAGR of 5.6% throughout the period of assessment
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By End user type, the beauty clinics segment is expected to show high demand for non-surgical fat reduction treatments. This segment is expected to comparatively grow at a high rate during the 2017-2022 period. The dermatology clinics segment shows a high adoption of non-surgical fat reduction procedures. This segment is likely to dominate the global market in the years to come
By Region, North America is expected to be highly attractive for the growth of the global non-surgical fat reduction market. This region is highly lucrative for the market growth owing to high technology advancements, high disposable income of people and increasing number of key players dealing with non-surgical fat reduction devices in this region
Competitive Scenario in the Global Non-Surgical Fat Reduction Market
The non-surgical fat reduction market research study includes a detailed profiling of key players operating in this market. Company overview, key financials, SWOT analysis and developments and key innovations of the tier players is studied during the course of the research and depicted in this study. Tier players like Cutera Inc., Lutronic Corporation, Syneron Medical Ltd., Cynosure, Inc., Fotona d.d., Solta Medical Inc., Venus Concept Canada Corp., Lynton Lasers Ltd., Alma Lasers, Ltd., EL.En. S.p.A., and Sciton, Inc., are profiled in this research.
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