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Body Fat Reduction Procedures Market Size - By Procedure [Surgical (Liposuction, Abdominoplasty), Non-surgical (Laser, RF, Cryolipolysis)], Gender (Female, Male), Service Provider – Global Forecast (2024 – 2032)
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Body Fat Reduction Procedures Market
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Premium Report Details
Base Year: 2023
Companies covered: 11
Tables & Figures: 404
Countries covered: 33
Pages: 197
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Body Fat Reduction Procedures Market Size
Body Fat Reduction Procedures Market size was valued at around USD 10.2 billion in 2023 and is poised to register about 9.3% CAGR between 2024 and 2032. Body fat reduction 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.
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, physical inactivity in developed and developing nations is expected to increase number of obese people.
As per the World Health Organization (WHO), the worldwide incidence of obesity is alarming in 2022, affecting more than 1 billion individuals, comprising 650 million adults, 340 million adolescents, and 39 million children. This troubling statistic is witnessing an upward trend, and the WHO predicts that by 2025, approximately 167 million individuals, encompassing both adults and children, will face deteriorating health conditions associated with being overweight or obese.
Body Fat Reduction Procedures Market Trends
The market is undergoing a notable shift in consumer preferences toward non-invasive procedures. This shift is primarily propelled by the increasing demand for non-surgical techniques, perceived as less painful, promoting faster recovery, and associated with minimal risks and complications.
Body Fat Reduction Procedures Market Analysis
The market by procedure is categorized into surgical, and non-surgical. The non-surgical is further segmented into cryolipolysis, ultrasound, laser lipolysis, injectable lipolysis, RF lipolysis, and other non-surgical procedures. Moreover, the segment garnered USD 6.1 billion revenue in 2023.
Based on gender, the body fat reduction procedures market is segmented into female and male. The female segment accounted for over 90.4% market share in 2023.
The body fat reduction procedures market by service provider is categorized into plastic surgeons, dermatologists, medical spas and other service providers. The plastic surgeons segment accounted for around USD 4.3 billion revenue size in 2023.
North America body fat reduction procedures market accounted for USD 3.4 billion revenue in 2023.
Body Fat Reduction Procedures Market Share
The body fat reduction procedures industry is competitive in nature, with several large multinationals and small and mid-sized companies competing in the industry. The development and launch of novel advanced products based on different technologies is among a key market strategy. Some of the leading industry players including Amirlak Plastic Surgery, Apollo Cosmetic Clinics, JK Plastic Surgery Center, The Piazza Center for Plastic Surgery & Advanced Skin Care, among others have a notable presence in the market.
Body Fat Reduction Procedures Market Companies
Some of the eminent market participants operating in the body fat reduction procedures industry include:
Body Fat Reduction Procedures Industry News:
Body fat reduction procedures market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2018 to 2032 for the following segments:
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By Procedure
By Gender
By Service Provider
The above information is provided for the following regions and countries: