Press release
Latest Updates and Trends in Body Fat Reduction Market
According to the report published by Allied Market Research, the global body fat reduction market generated $7.58 billion in 2020, and is expected to reach $13.91 billion by 2030, witnessing a CAGR of 7.5% from 2021 to 2030. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.• CAGR: 7.5%
• Current Market Size: USD 7.58 Billion
• Forecast Growing Region: APAC
• Largest Market: North America
• Projection Time: 2021- 2030
• Base Year: 2021
Surge in prevalence of obesity, focus on aesthetics and cosmetic surgeries, technological advancements, and increase in adoption of minimally invasive procedures drive the global body fat reduction market. However, high cost of procedures coupled with post treatment complications hinders the market growth. On the other hand, new developments and a rise in the number of facilities offering fat reduction services are expected to create opportunities in the next few years.
𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐑𝐞𝐩𝐨𝐫𝐭- https://www.alliedmarketresearch.com/request-sample/11281
The report offers detailed segmentation of the global body fat reduction market based on procedure type, gender, end-user, and region.
Based on procedure type, the surgical segment accounted for the largest share in 2020, contributing to more than 90% of the total share, and is estimated to maintain its lead position throughout the forecast period. However, the non-surgical segment is expected to register the fastest CAGR of 10.2% from 2021 to 2030.
Based on end-user, the hospitals and clinics segment contributed to the highest share in 2020, holding more than half of the total share of the global body fat reduction market, and is expected to continue its leadership status during the forecast period. However, the medical spas segment is projected to witness the highest CAGR of 8.6% from 2021 to 2030.
𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐈𝐧𝐪𝐮𝐢𝐫𝐲- https://www.alliedmarketresearch.com/purchase-enquiry/11281
Based on region, North America accounted for the highest share in 2020, contributing to nearly one-third of the total share, and is estimated to continue its dominant share by 2030. However, Asia-Pacific is expected to portray the largest CAGR of 8.5% during the forecast period.
𝐊𝐞𝐲 𝐅𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐎𝐟 𝐓𝐡𝐞 𝐒𝐭𝐮𝐝𝐲
By procedure type, the surgical segment was the highest contributor to the market in 2020.
On the basis of gender, the female segment dominated the market in 2020
Depending on end user, the hospitals and clinics exhibited the highest growth in 2020, and is expected to continue this trend during the forecast period.
Region wise, North America garnered the largest revenue share in 2020, whereas Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period.
𝐊𝐞𝐲 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐅𝐨𝐫 𝐒𝐭𝐚𝐤𝐞𝐡𝐨𝐥𝐝𝐞𝐫𝐬/𝐢𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬
The study provides an in-depth analysis of the body fat reduction market, and the current trends and future estimations to elucidate the imminent investment pockets.
It presents a quantitative analysis of the market from 2021 to 2030 to enable stakeholders to capitalize on the prevailing market opportunities.
Extensive analysis of the market based on procedures and services assists to understand the trends in the industry.
Key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
𝐊𝐧𝐨𝐰 𝐌𝐨𝐫𝐞- https://www.alliedmarketresearch.com/body-fat-reduction-market-A10916
𝐎𝐭𝐡𝐞𝐫 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 -
𝐆𝐞𝐧𝐞𝐭𝐢𝐜 𝐓𝐞𝐬𝐭𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 https://www.alliedmarketresearch.com/genetic-testing-market
𝐏𝐧𝐞𝐮𝐦𝐨𝐧𝐢𝐚 𝐓𝐡𝐞𝐫𝐚𝐩𝐞𝐮𝐭𝐢𝐜𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 https://www.alliedmarketresearch.com/pneumonia-therapeutics-market-A11230
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Alied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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