Press release
Body Fat Reduction Market Analysis 2024 -2033: Forecasted Market Size, Top Segments, And Largest Region | AbbVie Inc., Apollo Hospitals Enterprise Limited, Cutera Inc., Cynosure LLC, Vlcc Health Care Limited
Body Fat Reduction Market Characteristics
The Business Research Company offers in-depth market insights through Body Fat Reduction Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The body fat reduction market size has grown strongly in recent years. It will grow from $11.84 billion in 2023 to $12.96 billion in 2024 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed to rise in concerns about obesity, expansion of the fitness and wellness industry, growth of the medical tourism industry, rise in healthcare spending.
The body fat reduction market size is expected to see strong growth in the next few years. It will grow to $18.87 billion in 2028 at a compound annual growth rate (CAGR) of 9.8%. The growth in the forecast period can be attributed to rising disposable income, changing cultural norms and beauty standards, increasing adoption of minimally invasive and non-surgical procedures, rising healthcare infrastructure. Major trends in the forecast period include targeted fat reduction, ai and personalization, combination therapies, sustainable and eco-friendly practices, strategic partnerships.
Get Free Sample Of This Report-
https://www.thebusinessresearchcompany.com/sample.aspx?id=5661&type=smp
Market Segmentation:
The body fat reduction procedure can be carried out through procedures such as surgical, liposuction, abdominoplasty, non-surgical, cryolipolysis, and ultrasound. Surgery involves abrading, cutting, suturing, and physically changing body tissues and organs in medical spas, hospitals, and clinics.
Major Driver - Obesity Epidemic Fuels Demand For Body Fat Reduction Solutions Insights Into Market Growth
A significant rise in obesity rates and obese population is driving demand for body fat reduction techniques. Obesity is a significant public health crisis and so, obese patients are preferring solutions to reduce excess body fat. According to WHO, global obesity has tripled since 1975. In the USA, for instance, 16 states have obesity rates of 35% or higher as of 2021. Therefore, increasing obese population is driving the growth of the body fat reduction market.
Competitive Landscape:
Major companies operating in the body fat reduction market include AbbVie Inc., Apollo Hospitals Enterprise Limited, Cutera Inc., Cynosure LLC, Vlcc Health Care Limited, Solta Medical International Inc., Lumenis Ltd., Sciton Inc., Sisram Medical Ltd., Elite Body Sculpture, Fosun Pharmaceuticals Co. Ltd., VIDA Wellness and Beauty, JK Plastic Surgery Center, Candela Medical Corporation, Erchonia Corporation, InMode Ltd., Ideal Image, Sono Bello, SculpSure, Body Contour Centers, LaserAway, LipoLaser of West Chester Inc., Advanced Body Sculpting of New England, Zerona, UltraShape, Amirlak Plastic Surgery
Get Access To The Full Market Report -
https://www.thebusinessresearchcompany.com/report/body-fat-reduction-global-market-report
Top Trend - Technological Advancements Revolutionizing The Body Fat Reduction Market A Focus On Coolsculpting Elite And Beyond
Technological developments are a key trend gaining popularity in the body fat reduction market. These technological advances include new and improved body fat reduction methods. For instance, in January 2021, Allergan plc, an Ireland-based pharmaceutical company, launched CoolSculpting Elite, its next-generation fat-reduction technology, which includes applicators that are meant to match the body's natural contours. CoolSculpting Elite uses tried-and-true CoolSculpting technology to identify, freeze, and remove treated fat cells.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Body Fat Reduction Market Characteristics
3. Body Fat Reduction Market Trends And Strategies
4. Body Fat Reduction Market - Macro Economic Scenario
5. Body Fat Reduction Market Size And Growth
…..
27. Body Fat Reduction Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2165
The Business Research Company offers in-depth market insights through Body Fat Reduction Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The body fat reduction market size has grown strongly in recent years. It will grow from $11.84 billion in 2023 to $12.96 billion in 2024 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed to rise in concerns about obesity, expansion of the fitness and wellness industry, growth of the medical tourism industry, rise in healthcare spending.
The body fat reduction market size is expected to see strong growth in the next few years. It will grow to $18.87 billion in 2028 at a compound annual growth rate (CAGR) of 9.8%. The growth in the forecast period can be attributed to rising disposable income, changing cultural norms and beauty standards, increasing adoption of minimally invasive and non-surgical procedures, rising healthcare infrastructure. Major trends in the forecast period include targeted fat reduction, ai and personalization, combination therapies, sustainable and eco-friendly practices, strategic partnerships.
Get Free Sample Of This Report-
https://www.thebusinessresearchcompany.com/sample.aspx?id=5661&type=smp
Market Segmentation:
The body fat reduction procedure can be carried out through procedures such as surgical, liposuction, abdominoplasty, non-surgical, cryolipolysis, and ultrasound. Surgery involves abrading, cutting, suturing, and physically changing body tissues and organs in medical spas, hospitals, and clinics.
Major Driver - Obesity Epidemic Fuels Demand For Body Fat Reduction Solutions Insights Into Market Growth
A significant rise in obesity rates and obese population is driving demand for body fat reduction techniques. Obesity is a significant public health crisis and so, obese patients are preferring solutions to reduce excess body fat. According to WHO, global obesity has tripled since 1975. In the USA, for instance, 16 states have obesity rates of 35% or higher as of 2021. Therefore, increasing obese population is driving the growth of the body fat reduction market.
Competitive Landscape:
Major companies operating in the body fat reduction market include AbbVie Inc., Apollo Hospitals Enterprise Limited, Cutera Inc., Cynosure LLC, Vlcc Health Care Limited, Solta Medical International Inc., Lumenis Ltd., Sciton Inc., Sisram Medical Ltd., Elite Body Sculpture, Fosun Pharmaceuticals Co. Ltd., VIDA Wellness and Beauty, JK Plastic Surgery Center, Candela Medical Corporation, Erchonia Corporation, InMode Ltd., Ideal Image, Sono Bello, SculpSure, Body Contour Centers, LaserAway, LipoLaser of West Chester Inc., Advanced Body Sculpting of New England, Zerona, UltraShape, Amirlak Plastic Surgery
Get Access To The Full Market Report -
https://www.thebusinessresearchcompany.com/report/body-fat-reduction-global-market-report
Top Trend - Technological Advancements Revolutionizing The Body Fat Reduction Market A Focus On Coolsculpting Elite And Beyond
Technological developments are a key trend gaining popularity in the body fat reduction market. These technological advances include new and improved body fat reduction methods. For instance, in January 2021, Allergan plc, an Ireland-based pharmaceutical company, launched CoolSculpting Elite, its next-generation fat-reduction technology, which includes applicators that are meant to match the body's natural contours. CoolSculpting Elite uses tried-and-true CoolSculpting technology to identify, freeze, and remove treated fat cells.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Body Fat Reduction Market Characteristics
3. Body Fat Reduction Market Trends And Strategies
4. Body Fat Reduction Market - Macro Economic Scenario
5. Body Fat Reduction Market Size And Growth
…..
27. Body Fat Reduction Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
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