Market research reports, consulting: Global Market Insights Inc.

Home > Healthcare > Medical Devices > Therapeutic Devices > body fat reduction market

Body Fat Reduction Devices Market Trends

Report ID: GMI3141 Published Date: September 2023Report Format: PDF
Download Free Sample
Summary
Table of Content

Body Fat Reduction Devices Market Trends 

The market is experiencing several notable trends that are shaping its expansion and development. Factors such as continuous technological advancements in surgical and non-surgical devices, rising emphasis on physical appearance, and a surging demand for body fat reduction procedures, among other factors.

  • As per the World Health Organization (WHO), the worldwide incidence of obesity is alarming in 2022, affecting more than one billion individuals, comprising 650 million adults, 340 million adolescents, and 39 million children. This troubling statistic is witnessing an upward trend, and the WHO predicts that by 2025, approximately 167 million individuals, encompassing both adults and children, will face deteriorating health conditions associated with being overweight or obese.
  • Furthermore, the escalating preference for non-invasive procedures has also stimulated increased focus on research and development, aiming to create innovative technologies that provide less risky solutions.
Author: Mariam Faizullabhoy , Gauri Wani
Frequently Asked Question(FAQ) :

Who are the key players involved in the body fat reduction devices industry?+

Allergan Plc, Syneron Medical Ltd., Alma Lasers, Sientra, Inc., Apyx Medical Corporation., Sciton, Inc., Asclepion Laser Technologies GmbH, Lumenis, Bausch Health Companies Inc., Fotona, BTL Industries, EndyMed Medical Ltd., Cutera, Inc. and Cynosure.

How big is body fat reduction devices market?+

Global market for body fat reduction devices was valued at around USD 4.2 billion in 2023 and is estimated to reach over USD 8.7 billion by 2032, owing to the increasing prevalence of obesity and the ongoing advancements in the body fat reduction devices.

What is the size of North America body fat reduction devices industry?+

North America body fat reduction devices market accounted for USD 1.4 billion in 2023 and will continue to grow over 2024 to 2032, attributed to the increasing emphasis on health and wellness.

Why is the demand of medical spas for body fat reduction growing?+

The medical spas segment accounted for around USD 634.8 million revenue size in 2023, driven by a holistic approach to body fat reduction, providing a range of non-invasive and minimally invasive procedures.

Body Fat Reduction Devices Market Scope

Related Reports

Buy Now

Buy Now

Premium Report Details

Download Free Sample