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Global Liposuction Market Expected to Grow At a CAGR of 8.45% during 2016-2020

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Liposuction is a popular cosmetic surgical procedure among men and women looking to address fat deposits that do not go away despite diet and exercise. In NYC liposuction facilities, expert surgeons use advanced techniques help to practically remove unwanted fat from almost all areas such as the abdomen, thighs, buttocks, hips, arms, and neck.

According to a recent research report from Technavios, the global liposuction market is expected to grow at a CAGR of 8.45% during the period 2016-2020. The size of the market was assessed based on the techniques used for liposuction procedures globally. The key points noted by the report are as follows:

  • The rising cases of obesity were rated as the main factor fuelling the demand for liposuction.
  • The side effects of liposuction are considered the main challenge facing the market.
  • Rising medical tourism initiatives are driving the growth of liposuction procedures worldwide
  • The key vendors in the market are Cynosure, Erchonia, Genesis Biosystems, Valeant Pharmaceuticals and Alma Lasers.

Invasive lipo techniques involve the use of a small, hollow tube or cannula to extract the fat, while non-invasive devices are applied to the skin over the treatment areas. Minimally-invasive techniques utilize various forms of energy such as laser, radiofrequency and ultrasound energy to liquefy the fat for easy removal.

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