Body fat reduction market is anticipated to grow at a CAGR of 9.2% during the forecast period (2023-2030) owing to the rising obesity problem in developed as well as developing countries, majorly owing to unhealthy stressful lifestyle among the population. Thus, individuals aim to reducing body fat through both surgical and non-surgical approaches. Overweight is the main reason for the chain of other significant diseases. Obesity is caused by a combination of genetic, physiological, and environmental variables, as well as diet, and physical activity. Thus, rise in cases of obesity due to poor eating habits, lifestyle changes, adoption of sedentary lifestyle, lack of exercise, favorable government policies, and programs for obesity that are promoting the adoption of body fat reductions procedures are anticipated to drive growth of the body fat reduction market. Additionally, rise in focus on aesthetics for beautification in males and specifically females for improving appearances are one of the major factors that drives the market growth.
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The global body fat reduction market is segmented by the procedure, and service provider. Based on the procedure, the market is sub-segmented into surgical and non-surgical. Further, based on service provider, the market is sub-segmented into hospitals, clinics, plastic surgery centres and others. Among the service provider, the hospital sub-segment is anticipated to hold a considerable share of the market due to presence of sophisticated infrastructure in hospitals, coupled with high demand for surgical procedures.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Body Fat Reduction Market by Procedure
- Surgical
- Liposuction
- Abdominoplasty
- Non-surgical
- Cryolipolysis
- Ultrasound
- Laser lipolysis
- Others (Emsculpt Neo, Radiofrequency)
Global Body Fat Reduction Market by End-User
- Hospitals
- Clinics
- Plastic Surgery Centers
- Others (Medical spas, Cosmetic centers)
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Elite Body Sculpture
- Fosun Pharmaceuticals Co. Ltd
- Zeltiq Aesthetics
- Candela Corporation
- BTL Industries
- Venus Concept
- Lynton Lasers Ltd.
- AbbVie Inc.
- Hologic, Inc.
- Apollo Hospitals Group.
- Candela Medical
- Lumenis, Ltd.
- Sciton, Inc.
- Sisram Medical Ltd (Alma Lasers Ltd.)
- VLCC Health Care Ltd.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global body fat reduction market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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