Outlook of the global non-invasive fat reduction devices market

Technavio’s market research analyst predicts the global non-invasive fat reduction devices market to grow at an impressive CAGR of around 27% during the forecast period. The increasing adoption of non-invasive cosmetic procedures is the primary growth driver for this market. Recently, it has been observed that many consumers prefer non-invasive procedures since it offers less side effects and complications when compared to traditional procedures. This paradigm shift in the consumers’ preference will aid in the growth of this market during the predicted period. Furthermore, with an increase in the number of professional cosmetic surgeons and beauty clinics across the globe, the market for non-invasive fat reduction devices will have a positive outlook during the next few years.

Geographical segmentation of the non-invasive fat reduction devices market

• Americas
• APAC
• EMEA

In this market analysis, Technavio’s market research analyst has estimated the Americas to be the largest market for non-invasive fat reduction devices procedures during the forecast period. This region currently dominates this market and is envisaged to grow at an impressive CAGR of around 26% during the forecast period. Factors such as the recent increase in the number of new product approvals by the FDA, increase in beauty consciousness, and the recent rise in disposable income will foster market growth in this region during the predicted period.

Competitive landscape and key vendors

The global non-invasive fat reduction devices market is highly competitive owing to the presence of many large vendors that account for a substantial market share. The vendors in this market are also establishing state-of-the-art research facilities to develop new products and are also expanding their operations through strategic collaborations as it will help them to bolster their hold over the market.

The leading vendors in the market are -

• Syneron Medical
• ZELTIQ Aesthetics
• Cynosure
• Solta Medical

Other prominent vendors in the market include BTL INDUSTRIES, Cocoon Medical, Chromogenex, Invasix Aesthetic Solutions, Thermi, and VENUS CONCEPT.

Key questions answered in this report

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global non-invasive fat reduction devices market?
• What are the key market trends impacting the growth of the non-invasive fat reduction devices market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the vendors in the global non-invasive fat reduction devices market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the non-invasive fat reduction devices market?

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