Global Non-Invasive Fat Reduction Market Opportunities and Forecast 2023-2030

Non-Invasive Fat Reduction Market Overview

Non-invasive fat reduction is a non-surgical fat reduction aesthetic procedure. This procedure is done to decrease or eliminate the stubborn fat pockets in specific areas of the body by using methods like cryolipolysis, radiofrequency, and laser lipolysis.

The global Non-Invasive Fat Reduction market is mainly driven by the increasing obesity and health hazards posed by them. Physical inactivity, tedious and long working hours, and behavioral risk factors like alcohol consumption, smoking, and stress are increasing the risk of an unhealthy lifestyle which has, in turn, led to conditions like diabetes and obesity. This fact increases the high demand for Non-Invasive Fat Reduction procedures. It ultimately propels the growth of the Non-Invasive Fat Reduction market. According to World Health Organization, most of the world's population live in countries where overweight and obesity kill more people than underweight. 39 million children under the age of 5 were overweight or obese in 2020.

Moreover, people increasingly going for fat reduction and body contouring both through non-invasive and surgical procedures. Hence, increasing demand for better products that are easier to use and make faster results has encouraged the manufacturers to focus on research and development of innovative products. This crucial fact further boosts the growth of the Non-Invasive Fat Reduction Market.

Covid-19 Impact on Non-Invasive Fat Reduction Market:

In addition, the current Non-Invasive Fat Reduction Market study offers a detailed analysis of the current COVID-19 pandemic impact on the market growth and its influence on the future growth of the Non-Invasive Fat Reduction Market. The recently published report demonstrates the elevation in the demand for the healthcare sector. The healthcare manufacturers have experienced long term as well as short term effect which includes supply shortages, panic buying, and stocking, regulation changes as short-term whereas approval delays and possible trend variations in consumption could be perceived as long-term impacts of COVID-19 on the health and pharmaceutical market.

The increasing need for a cure has pushed vaccine research and manufacturers to the limit. In addition to this, panic conditions have already spurred the demand for many healthcare products and services which are discussed in detail in this report. Moreover, the impact of COVID-19 on overall market revenue for the base year 2020 and its projection up to 2027 is provided in detail in this report.

Non-Invasive Fat Reduction Market Segment Overview

Based on technology, the Cryolipolysis segment has the maximum share of the market. This can be mainly attributed to the widespread uptake of this procedure by doctors, aesthetic surgeons, dermatologists, patients, etc. In addition to this, the Cryolipolysis devices are mostly preferred by them over other devices owing to their exhaustive usage pattern. Moreover, these non-invasive fat reduction energy-based devices often use a combination of energy types to provide the most effective therapy.

According to end-user, the Hospitals segment holds the maximum share in the market. This is because they provide easy access to competent physicians who are adept at conducting a wide array of medical aesthetic fat reduction treatments.

Non-Invasive Fat Reduction Market, By Technology

·       Cryolipolysis
·       Ultrasound
·       Low Level Lasers
·       Others

Non-Invasive Fat Reduction Market, By End-user

·       Hospitals
·       Stand Alone Practices
·       Multispecialty Clinics
·       Others

Non-Invasive Fat Reduction Market Regional Overview

In terms of region, North America dominates the global non-invasive fat reduction market. This is because of the unveiling of new products, presence of well-established and upcoming manufacturers in this region. In addition, the high spending capacity of people is also boosting the growth of the market in the region.  Moreover, Europe is the second-largest region for the non-invasive fat reduction market. Likewise, Asia Pacific is expected to be the most attractive market during the forecast period.  This is due to the increasing disposable incomes and better availability of aesthetic procedures in this region.

Non-Invasive Fat Reduction Market, By Geography

·       North America (US & Canada)
·       Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
·       Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
·       LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)

Non-Invasive Fat Reduction Market, Key Players

·       Fosun Pharmaceutical Co., Ltd.
·       Cutera, Inc.
·       Cynosure, Inc.
·       ZELTIQ Aesthetics, Inc.
·       Syneron Medical Ltd
·       BTL Industries
·       Lynton Lasers Ltd
·       Venus concept