If you are a candidate the size of the areola can be surgically reduced. If you are a better candidate for a breast lift, the areola is reduced as part of the surgery. You can also consider adding implants if you want more volume or upper pole fulness. See a board certified plastic surgeon...
In order to accomplish the lifted look that you demonstrate in the photo with your hand you will need a lifting procedure. There is too much ptosis (sagging) to get a good result from an areola reduction alone. One option to consider is a lift with an autoaugmentation. This procedure uses...
Any time there is surgery on the breasts there is a chance that sensitivity can be impacted. The risk is low for an areola reduction. A breast augmentation can also impact sensation. I encourage you to discuss the risks and benefits of these procedures with your surgeon so you can make an...