(MoneyNewsWire.Net, February 13, 2018 ) The Latin America Non-Invasive Fat Reduction Market is worth USD xx million in 2017 and estimated to grow at a CAGR of xx.xx%, to reach USD xx million by 2022. The Latin America Non-Invasive Fat Reduction market is developing at an exceptionally quick pace.
Non-invasive fat reduction techniques use laser energy, radiofrequency, ultrasound or cold (cryolipolysis) to reduce fat. These devices are applied directly to the skin of the treatment area and do not include the use of injections or incision. Although fat loss is more subtle with non-invasive fat reduction techniques compared to surgical liposuction, non-invasive fat reduction techniques have several advantages like reduced risk, reduced cost, and reduced healing time.
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Increase in obesity and health hazards associated with it has resulted in people increasingly going for fat reduction and body contouring both through non-invasive and surgical procedures which is the major driving factor. Also growing demand for better products which are easier to use has led to increased research and development of innovative products which is influencing the market in a positive way.
The Latin America Non-Invasive Fat Reduction market is segmented on the basis of Technology, End User and region. Based on Technology the market is segmented into Cryolipolysis, Low Level Lasers and Ultrasound. Cryolipolysis dominates market with maximum share in owing to widespread use by doctors, aesthetic surgeons, dermatologists, patients, etc. They are also used for skin and hair treatments such as removal of pigmented lesions, tattoo removal and skin rejuvenation. Based on Distribution Channel the market is segmented into Cosmetic Centers, Dermatology Clinics, and Hospitals. Hospitals have the largest share in the market since owing to easy access to physicians who conduct a wide range of medical aesthetic fat reduction treatments.
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On the basis of geography, the Latin America Non-invasive Fat reduction industry can be segmented into Brazil,Mexico,Chile, Argentina and others. The rising focus of key players on enhancing their market presence across the globe is estimated to encourage the growth of the market in the Latin America regions.
Fosun Pharmaceutical Co., Ltd., Cutera, Inc., BTL Industries, Invasix Aesthetic Solutions, Cynosure, Inc., ZELTIQ Aesthetics, Inc., Solta Medical, Syneron Medical Ltd. and Venus Concept are the key players in the Latin America Non-Invasive Fat Reduction market.
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