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Body Fat Reduction Market Size By Procedure (Surgical {Liposuction, Abdominoplasty}, Non-surgical {Cryolipolysis, Ultrasound, Laser Lipolysis}), By Gender (Female, Male), By Service Provider (Hospitals, Clinics, Medical Spas), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Covid-19 Impact Analysis, Competitive Market Share & Forecast, 2022 – 2028

  • Report ID: GMI3141
  • Published Date: Mar 2022
  • Report Format: PDF

Industry Overview

Body Fat Reduction Market size exceeded USD 9 billion in 2021 and is expected to register over 9.9% CAGR between 2022 and 2028. Growing prevalence rate of obesity across the globe will accelerate the demand for body fat reduction procedures. High adoption of sedentary lifestyle such as high intake of junk food, alcohol consumption, and physical inactivity in developed and developing nations is expected to increase the number of obese people, thereby enhancing overall market growth.
 

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For instance, according to the Centers for Disease Control and Prevention, the prevalence rate of obesity in the U.S. was 42.4% during 2017 – 2018. Further, rising number of obesity patient cases mainly in urban areas coupled with growing awareness regarding aesthetic surgeries for body fat reduction are expected to fortify overall industry outlook. Thus, with growing focus on body fat reduction procedures within adult population to obtain desired body shape and remove excess weight, the market will foresee lucrative growth opportunities over the projected period.
 

The COVID-19 pandemic has negatively impacted on body fat reduction market demand owing to postponed aesthetic surgeries in 2020. Imposition of preventive lockdown in several economies, movement restrictions, strict regulations, and guidelines to access clinical facilities has hindered overall market demand. Moreover, sudden fall in patient demand for aesthetic procedures due to high concern about COVID- 19 virus and safety has limited volume of body fat reduction procedures during the initial stages of pandemic. However, in 2021, the market has seen recovery in the number of aesthetic procedures and has indicated the positive market growth in the years ahead.
 

Body fat is also called as adipose tissue. Adipose tissue is complex connective tissue that performs significant role in endocrine and metabolic functions. Body fat reduction is a term refers to decrease in unwanted excessive body mass owing to loss of body fat adipose tissue, tendons, loss of body fluid, muscle, and other connective tissues. Body fat reduction methods are widely used in aesthetic surgery to eliminate excess fats from the body. There are several treatments used in body fat reduction such as liposuction, abdominoplasty (tummy tuck), Cryolipolysis, ultrasound, laser lipolysis, advanced injectables and several others.
 

Introduction of several advanced light therapy devices for non-invasive body fat reduction will boost market growth potential

Continuous technological advancements in equipment and several surgical and non-surgical boy fat reduction procedures will strengthen the industry landscape. Moreover, strong presence of numerous established and local market players that are continuously developing innovative devices with novel approaches such as radiofrequency laser lipolysis, light therapy, and others. Several companies have introduced numerous non-invasive red light therapy devices for body fat reduction in the market such as Nushape Lipo Wrap by Nushell, EMS LED Light fat burning belt, 635/850nm Red Light Therapy Arm Belt by ZorMu, Joovv Solo 3.0 Full Body Panel. Increasing adoption of such devices is likely to drive the market size.
 

Furthermore, non-invasive, and minimally invasive devices provide long-term fat cell destruction and faster outcomes in shorter time period. The aforementioned factors will increase the demand for body fat reduction market over the anticipated timeframe.
 

Surge in number of abdominoplasty procedures will spur the segmental revenue size

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Based on procedure, body fat reduction market is classified into surgical and non-surgical. Surgical procedures segment is further subdivided into liposuction and abdominoplasty. Abdominoplasty segment was accounted for more than 40% market share in 2021. Abdominoplasty is also known as tummy tuck that is used to eliminate undesired body fat form abdomen. Such procedures are widely adopted among female population especially after post pregnancy to decrease loose fat that they are unable to reduce through non-surgical procedures effectively. Additionally, high usage of tummy tuck procedures in numerous countries to achieve weight loss will impel the overall market outlook.
 

Inclination towards body shaping procedures coupled with higher obesity burden among women will fortify demand for body fat reduction market

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Based on gender, body fat reduction market is divided into female and male. Female segment was valued at over USD 8.5 billion in 2021. Increasing demand for various body fat reduction procedures among women will fuel the overall industry expansion. Moreover, growing awareness about aesthetic procedures and high emphasis towards cosmetic surgeries in female population will stimulate overall market demand. for instance, according to the International Society of Aesthetic Plastic Surgery, in 2020, over 1,300,020 liposuction procedures were performed on women across the globe. Higher obesity burden among female population as compared to male population is expected to witness lucrative growth opportunities in the female segment.
 

High adoption of cosmetic surgical procedures coupled with sophisticated infrastructure will fuel the hospital segment demand

Based on service provider, body fat reduction market is classified into clinics, hospitals, medical spas, and others. The hospitals segment held around 54% market share in 2021 and is predicted to grow substantially over the forecast timeline. The substantial growth is primarily attributable to increasing of patient admissions in the settings for cosmetic procedures. Growing demand for several surgical procedures such as abdominoplasty and liposuction for body fat reduction will fuel the segmental growth. Sophisticated infrastructure and integration of technologically advanced equipment with availability of procedural expertise as well as availability of wide range of procedures will boost the adoption rate thereby, accelerating the patient volume in the upcoming years.
 

Growing adoption of non-invasive body fat reduction procedures will proliferate North America market share

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North America body fat reduction market held more than 28% share in 2021 and is anticipated to witness 10.2% CAGR during the projected timeline. Increasing awareness regarding aesthetic treatments and high disposable income in the region will further propel the regional market volume in upcoming years. Also, increased availability of plastic surgeons in the region is expected to contribute to overall market growth. Furthermore, owing to strong presence of advanced sophisticated cosmetic facilities and several industry players in the region, the market will foresee unprecedented growth in near future.
 

Several service providers are broadening service portfolio to gain customer base

The global body fat reduction industry consists of several local and regional players including Amirlak Plastic Surgery, JK plastic surgery center, Apollo cosmetic clinics, Elite Body Sculpture, The Plastic Surgery Clinics, Transform Cosmetic Surgery, VIDA Wellness & Beauty, Elite Body Sculpture, Waldman Schantz Plastic Surgery Centerm, and VLCC Wellness & Beauty Center among others. These market players are implementing several growth strategies such as partnerships and collaborations to broaden service offerings and strengthen their customer base.
 

Some of the recent industry developments:

  • In October 2019, Lindora acquired Erchonia’s Zerona Z6 body contouring machines that provide full-body fat loss treatment. This has broadened the company’s body fat reduction service portfolio in the west coast.
     
  • In October 2019, VLCC Wellness announced partnership with Minor Hotels to expand its therapeutic wellness & beauty centres. This strategy has expanded the company’s business potential.
     

The body fat reduction market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2017 to 2028 for the following segments:

By Procedure

  • Surgical
    • Liposuction
    • Abdominoplasty
  • Non-surgical
    • Cryolipolysis
    • Ultrasound
    • Laser Lipolysis
    • Others

By Gender

  • Female
  • Male

By Service Provider

  • Hospitals
  • Clinics
  • Medical Spas
  • Others

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa
    • South Africa
    • Saudi Arabia

 

Authors: Sumant Ugalmugle, Rupali Swain

Frequently Asked Questions (FAQ) :

Global market for body fat reduction surpassed USD 9 billion in 2021 and is anticipated to grow at a CAGR of 9.9% from 2022 to 2028 owing to the higher adoption of sedentary lifestyle and increasing prevalence of obesity.
Hospitals accounted for around 54% of the total industry share in 2021 and is estimated to expand at a substantial rate through 2028 driven by the escalating demand for various surgical procedures including liposuction and abdominoplasty.
North America market for body fat reduction is expected to exhibit a CAGR of 10.2% between 2022 and 2028 considering the rising disposable income and increasing awareness regarding aesthetic treatments.
Key players across the global body fat reduction industry comprise Elite Body Sculpture, Amirlak Plastic Surgery, Waldman Schantz Plastic Surgery Centerm, VIDA Wellness & Beauty, VLCC Wellness & Beauty Center, The Plastic Surgery Clinics, and others.

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Premium Report Details

  • Base Year: 2021
  • Companies covered: 10
  • Tables & Figures: 272
  • Countries covered: 16
  • Pages: 150
  • Upcoming Report: Details can be customized to meet your information and data needs. Feel free to share your detailed research requirements via this form.

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