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Body Fat Reduction Market Analysis, Trends, Production, Revenue, Growth And Forecast To 2033
Body Fat Reduction Market Analysis
As per the report, 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 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%.
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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.
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 body fat reduction market covered in this report is segmented -
1) By Procedure: Surgical, Liposuction, Abdominoplasty, Non-Surgical, Cryolipolysis, Ultrasound
2) By Gender: Male, Female
3) By Service Provider: Medical Spas, Hospitals, Clinics
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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
Contents of the report:
1. Executive Summary
2. Body Fat Reduction Market Report Structure
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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