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The report describes and analyzes the global non-invasive fat reduction industry covering market revenue, price, growth rate and forecast to 2028. As Obesity Rates Rise in the United States , new non-invasive fat reduction technologies have emerged. . This report reveals data on these technologies, including types of procedures, market sectors, and global market share.
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Noninvasive Fat Reduction Market Key Background Information
The non-invasive fat reduction market is expected to reach $3.92 billion by 2028, helping to reduce obesity and other related complications. Rising obesity rates across the world is one of the key factors that has led to an increase in demand for non-invasive fat reduction technologies. With this, the global non-invasive fat reduction market is expected to grow by USD 4 billion in 2018, according to TMR.
Global non-invasive fat reduction market revenue
The non-invasive fat reduction market is expected to reach a global value of US$22 billion by 2028. The market is comprised of two products: ultrasound and radio frequency (RF). Ultrasonic technology consists of an external device that emits high frequency sound waves and deactivates fat cells by rupturing their membrane. RF technology uses low-energy radio waves that are transmitted through the skin, which increases blood pressure, which in turn decreases fat production.
Global Non-Invasive Fat Reduction Market Forecast
The invasive fat reduction market is estimated to account for 24% of the total non-invasive market in 2028. The non-invasive fat reduction market is expected to grow at a CAGR of 10.8% during the forecast period.
Competitive landscape analysis
The global non-invasive fat reduction market is expected to grow at a CAGR of approximately 8.6% during the forecast period. Overall, the market has witnessed significant growth and is attributed to changing lifestyles, increased awareness about the benefits of weight management, and growing demand for weight loss products.
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The global market for Non-invasive Fat Reduction market is expected to reach USD 2,061.4 billion by 2028, from USD 704 billion in 2018 at a CAGR of 5%. Non-invasive fat reduction market analysis and forecast to 2028 has been conducted by Market Research Future (MRFR). This market will reach USD 34,322.2 million by 2028 from USD 12,678.5 million in 2018 with a compound annual growth rate (CAGR) of 14.09%.