This report provides exclusive insights into the COVID-19 impact on the Non-invasive Fat Reduction Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Non-invasive Fat Reduction Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Non-invasive Fat Reduction Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by Infinium Global Research on non-invasive fat reduction market provides in-depth analysis of segments and sub-segments in global as well as regional non-invasive fat reduction market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional non-invasive fat reduction market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global non-invasive fat reduction market. According to the report, the global non-invasive fat reduction market is projected to grow at a CAGR of 16% over the forecast period of 2018-2024.
Non-Invasive fat reduction is also known as non-surgical fat reduction. The non-invasive fat reduction is a medical process or treatment used for reducing surplus fat from the body area without performing any surgery. The main aim of this process is to reduce the fat with proper diet and regular exercises. Furthermore, there is a number of devices accessible for non-invasive body-contouring systems. Non-invasive fat reduction uses a variety of technologies such as radio frequency, vacuum massage, ultrasound, injectable medication, infrared light and so on. The purpose of this new technology is to remove the stubborn abdominal fat without undergoing any surgery and these methods have been developed and are gaining popularity throughout the world. A person struggling with fat pockets around his abdomen or willing to have a huge weight loss, or wishes to achieve a slim appearance can choose non-invasive fat reduction technologies.
Factors such as the growing occurrence of diseases connected with obesity such as diabetes, the upsurge in the consumption of calorie-laden fast foods & beverages and increasingly sedentary lifestyle of individuals are driving the growth of the non-invasive fat reduction market. Additionally, growing demand for slim body appearance, the upsurge in health expenditure, and consciousness of health risk owing to obesity are also some responsible factors boosting the growth of this market. However, non-invasive fat reduction devices are expensive, which in turn, may hamper the growth of the market. In terms of geographies, North America has dominated the market growth followed by Europe and the Asia-Pacific. In North America region factors such as high spending capacity of individuals on the health care sector, and the development of new products by well-established and upcoming manufacturers are driving the growth of non-invasive fat reduction market in North America region. Further, factor such as increased frequency of obesity among individuals in the Asia-Pacific region is boosting the demand for this market in the Asia-Pacific region.
The report on global non-invasive fat reduction market covers segments such as technology and end users. On the basis of technology, the global non-invasive fat reduction market is categorized into ultrasound, cryolipolysis, and low level lasers. On the basis of end users, the global non-invasive fat reduction market is categorized into cosmetic centers, hospitals and dermatology clinics.
The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-Pacific region offers substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience growth at a CAGR of x.x% over the period of 2018-2024.
The report provides profiles of the companies in the global non-invasive fat reduction market such as BTL, Cutera, Inc., ZELTIQ Aesthetics, Inc., Solta Medical, Inc., Venus Concept, Alma Lasers (Fosun Pharmaceutical Co., Ltd.), Cynosure, Inc., Syneron Medical Ltd., and Lumenis Ltd.
The report provides deep insights on demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global non-invasive fat reduction market. Moreover, IGR-Growth Matrix analysis given in the report brings insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of non-invasive fat reduction market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the non-invasive fat reduction market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings insight into the market share of the leading players. This report will help manufacturers, suppliers, and distributors of the non-invasive fat reduction market to understand the present and future trends in this market and formulate their strategies accordingly.