Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 11.59 Billion | USD 26.88 Billion | 8.78% | 2024 |
The Global Body Fat Reduction Market Size was worth around USD 11.59 Billion in 2024 and is predicted to grow to around USD 26.88 Billion by 2034 with a compound annual growth rate (CAGR) of roughly 8.78% between 2025 and 2034. The report analyzes the global body fat reduction market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the body fat reduction industry.
Adipose tissue, also known as body fat, is a complex connective tissue with specific functions in endocrine and metabolic function. In health, medicine or physical fitness, body fat reduction refers to a reduction in total body mass caused by loss of fluid, removal of body fat adipose tissue, or lean mass, particularly muscle, bone mineral deposits, tendon, and other connective tissue. Body fat removal methods are largely used in cosmetic surgery to remove excess fats or fatty tissue from the body, surgically or non-surgically.
Request Free SampleDifferent treatments such as cryolipolysis, red light therapy, liposuction, abdominoplasty (tummy tuck), laser lipolysis, ultrasound, and injectable treatment are available on the market. The rise in the prevalence of obesity is expected to drive demand for body fat reduction procedures. Obesity is rising as a public health problem in developed and developing countries, mostly because of stressful and unhealthy lifestyles among the population. Therefore, people are looking for solutions to reduce excess body fat, as being overweight is the main reason for the chain of other significant diseases. Increasing focus on outer appearance and aesthetics is also promoting the growth of the body fat reduction market
The COVID-19 pandemic has impacted the body fat reduction industry to a great extent owing to the lack of preference for unnecessary and non-emergent surgical procedures among the population. Different regulatory bodies worldwide have also suggested that surgeons avoid all kinds of non-emergent surgical procedures due to the high risk of infection. Hence, the market was negatively impacted due to the Covid-19 pandemic but is expected to grow post-2021.
The rise in the number of people suffering from obesity to drive market growth
Obesity is rising as a public health problem in developed and developing countries, mostly because of stressful and unhealthy lifestyles among the population. The rise in cases of obesity is also seen due to lifestyle changes, poor eating habits, adoption of a sedentary lifestyle, and lack of exercise. Therefore, people are looking for solutions to reduce excess body fat, as being overweight is the main reason for the chain of other significant diseases. All of these factors are projected to spur the global body fat reduction market growth.
Adoption of the conventional method of reducing obesity hinders the market growth
Adopting natural methods to reduce weight, such as opting for healthy lifestyles, reducing calorie intake, increasing physical activities, and adopting a healthy diet might hamper the growth of the body fat reduction market.
Technological advancements bring up several growth opportunities
Technological advancements in the treatment of body fat reduction procedures such as surgical methods: abdominoplasty, cryolipolysis, & liposuction and non-surgical methods: ultrasound, lipolysis, laser, & other treatments are on the rise, owing to an increase in consumption for enhancement of aesthetics, excessive fat decrease, and various body shape contouring treatments due to self-consciousness among individuals. This will provide opportunities for key players in the global body fat reduction market growth.
The high cost of body fat reduction treatment hinders the market growth
The cost of body fat reduction treatment is high, and it is still difficult for many target customers to afford these services. Hence, the body fat reduction market is still stagnant in countries which are having lower disposable income and low purchasing power.
The global body fat reduction market is segregated based on procedure, gender, and service provider.
Based on procedure, the market is divided into surgical and non-surgical. The surgical segment dominates the market, accounting for a major share of global sales. As surgical methods give better results and are also time efficient, surgical methods are more preferred than non-surgical methods.
Based on gender, the market is classified into male and female. Over the forecast period, the female segment is expected to be the most lucrative segment. Females are more conscious about their appearance and opt for body fat reduction methods.
The market is classified into hospitals, clinics, medical spas, and others based on the service provider. The clinic's segment dominates the market, accounting for a major global revenue share. Clinics provide specific body fat reduction services to required individuals.
Report Attributes | Report Details |
---|---|
Report Name | Body Fat Reduction Market |
Market Size in 2024 | USD 11.59 Billion |
Market Forecast in 2034 | USD 26.88 Billion |
Growth Rate | CAGR of 8.78% |
Number of Pages | 204 |
Key Companies Covered | Allergan Plc, Alma Lasers, Apyx Medical Corporation, Asclepion Laser Technologies GmbH, Bausch Health Companies Inc., BTL Industries, Cutera Inc., Cynosure, EndyMed Medical Ltd, Fotona, InMode Ltd., Lumenis, Sciton Inc., Sientra Inc., Syneron Medical Ltd., and others. |
Segments Covered | By Procedure Type, By Service Provider, By Gender, By End User, By Target Body Area, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, The Middle East and Africa (MEA) |
Base Year | 2024 |
Historical Year | 2020 to 2024 |
Forecast Year | 2025 to 2034 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America dominated the body fat reduction market in 2024
North America accounted for a major share of the global body fat reduction market in 2024 and is expected to remain dominant during the forecast period. This is attributed to a rise in obesity cases, key players providing body fat reduction services, advancements in technology, an increase in healthcare expenditure, and a rise in government initiatives in the region.
However, Asia-Pacific is anticipated to witness notable growth due to the overall population increase, investments in the healthcare sector, and the rise in facilities offering body fat reduction services in the region.
The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the body fat reduction market on a global and regional basis.
The global body fat reduction market is dominated by players like:
The global body fat reduction market is segmented as follows;
By Procedure Type
By Service Provider
By Gender
By End User
By Target Body Area
By Region
FrequentlyAsked Questions
The global body fat reduction market is expected to grow due to growing obesity rates, aesthetic concerns, and advancements in non-invasive fat reduction technologies.
According to a study, the global body fat reduction market size was worth around USD 11.59 Billion in 2024 and is expected to reach USD 26.88 Billion by 2034.
The global body fat reduction market is expected to grow at a CAGR of 8.78% during the forecast period.
North America is expected to dominate the body fat reduction market over the forecast period.
Leading players in the global body fat reduction market include Allergan Plc, Alma Lasers, Apyx Medical Corporation, Asclepion Laser Technologies GmbH, Bausch Health Companies Inc., BTL Industries, Cutera Inc., Cynosure, EndyMed Medical Ltd, Fotona, InMode Ltd., Lumenis, Sciton Inc., Sientra Inc., Syneron Medical Ltd., among others.
The report explores crucial aspects of the body fat reduction market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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