The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s body fat reduction market report forecasts the body fat reduction market size to grow to $16.47 Billion by 2027, with a CAGR (compound annual growth rate) of more than 9%.

Learn More On The Body Fat Reduction Market Report 2023 – https://www.thebusinessresearchcompany.com/report/body-fat-reduction-global-market-report

Body Fat Reduction Market Size Forecast
The global body fat reduction market is expected to grow from $10.58 billion in 2022 to $11.58 billion in 2023 at a compound annual growth rate (CAGR) of 9.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The body fat reduction market size is expected to grow to $16.47 billion in 2027 at a CAGR of 9.2%.

North America held the largest body fat reduction market share, and Asia-Pacific was the fastest-growing region in 2022.

Key Body Fat Reduction Market Driver ­– Rise In Obesity Rates And Obese Population
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 body fat reduction market.

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Key Body Fat Reduction Market Trend – Technological Advancement
These technological advances include new and improved body fat reduction methods. In January 2020, the Massachusetts General Hospital (MGH) laboratory developed a new form of technology that can selectively reduce fat using a safe, injectable ice solution or slurry. In 2020, Dominion Aesthetic Technologies launched EON, an innovative body contouring device.

Body Fat Reduction Market Segment
1) By Procedure: Surgical, Liposuction, Abdominoplasty, Non-Surgical, Cryolipolysis, Ultrasound
2) By Gender: Male, Female
3) By Service Provider: Medical Spas, Hospitals, Clinics

Body Fat Reduction Market Major Players and Strategies
Major players in the body fat reduction market are AbbVie Inc. (Allergan Inc.), Apollo Hospitals Enterprise Limited, Cutera, Inc., Cynosure, LLC., Vlcc Health Care Limited, The Plastic Surgery Clinic, Bausch Health Companies Inc., Lumenis, Ltd., Sciton, Inc., Sisram Medical Ltd., Elite Body Sculpture, Fosun Pharmaceuticals Co. Ltd., VIDA Wellness and Beauty, and JK Plastic Surgery Center.

In October 2021, Xponential Fitness, a US-based fitness company, acquired Body Fit Training (BFT), an Australian fitness franchise. This acquisition helps Xponential Fitness to add a functional training and strength-based brand to its portfolio. BFT offers training methods for reducing fat and creating lean muscle through a variety of coaching sessions.

The Body Fat Reduction Global Market Report 2023 covers regional data on body fat reduction market size, body fat reduction market trends and drivers, opportunities, strategies, and body fat reduction market competitor analysis. The countries covered in the body fat reduction market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Body fat reduction is the process of reducing excess body fat with several objectives, such as improving body aesthetics and shape, with the assistance of surgeries and operations. In addition to exercises and a healthy diet, surgical and non-surgical methods are also effective ways to get rid of excess fat. Body fat reduction offers solutions to reduce excess body fat.

View More Reports Related To The Body Fat Reduction Market –
Fatty Amines Global Market Report 2023
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