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2021
Body Fat Reduction Market

Body Fat Reduction Market by Procedure Type (Surgical and Non-Surgical), Gender (Male and Female), and End User (Hospitals & Clinics, Medical Spas, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

A10916
Pages: 234
Oct 2021 | 388 Views
   
Author(s) : Sushant Terdale , Onkar Sumant
Tables: 122
Charts: 39
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Body Fat Reduction Market Statistics - 2030

Body fat reduction market was valued at $7,587.77 million in 2020, and is projected to reach $13,910.63 million by 2030, registering a CAGR of 7.5% from 2021 to 2030. Adipose tissue, often known as body fat, is a complex connective tissue with specific roles in metabolic and endocrine function. In medicine, health, or physical fitness, body fat reduction refers to a decrease in total body mass caused by loss of fluid, body fat adipose tissue, or lean mass, particularly bone mineral deposits, muscle, tendon, and other connective tissue. Body fat removal methods are frequently used in cosmetic surgery to remove excess adipose tissue or fats from the body, either surgically or non-surgically.

Removal or elimination of extra, undesirable body fat is referred to as body fat reduction. Excess body fat eventually leads to weight growth and obesity, which, in turn, causes variety of illnesses such as heart problems, high blood pressure, cholesterol, increased susceptibility to stroke, and diabetes. Body fat reduction can be done through a surgical or non-surgical procedure. Various treatments such as abdominoplasty (tummy tuck), laser lipolysis, cryolipolysis, liposuction, ultrasound, red light therapy, and injectable treatment are available in the market. However high cost of these procedures and certain post treatment complications are expected to restrain the market growth

Body-Fat-Reduction-Market-2021-2030

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Increase in prevalence of obesity is expected to foster demand for body fat reduction procedures. Obesity is a rising public health problem in developed as well as developing countries, majorly owing to unhealthy stressful lifestyle among the population. Therefore, individuals are looking for solutions to reduce excess body fat. 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, physical activity, and exercise preferences. Although exercise and a healthy diet are the greatest alternatives, they are ineffective when it comes to eliminating stubborn fat that has accumulated in various regions of the body. People attain their aim of reducing body fat through both surgical and non-surgical approaches. Thus, rise in cases of obesity due to poor eating habits, lifestyle changes, lack of exercise, adoption of sedentary lifestyle, growing concern among adults as well as children due to obesity, 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.

Rise in focus on aesthetics for beautification in males and specifically females for improving appearances is one of the major factors that drives the market growth. Increase in cosmetic surgeries for body fat reduction, owing to demand for pleasant, artful appearances in developed and developing countries propel growth of the market. Aesthetic plastic surgery (also known as cosmetic surgery) is the practice of improving the look of face and body. In addition, rise in demand of body sculpting or body contouring surgical and non-surgical treatments further propel the market growth. 

Moreover, procedures to reduce weight or reshape the body post-pregnancy is gaining momentum. Increase in awareness among youth and women about their body shape and fitness to attain body slimming is on a rise. Thus, these factors are anticipated to drive the growth of the body fat reduction market significantly in the forecast period.

Adoption of minimally invasive treatment procedures for body fat reduction is on the rise, owing to its emphasis on lesser blood loss, reduced patient admission, safety and ease of usage. Minimally invasive procedures are expected to drive the market, owing to higher affordability, less invasiveness, and less discomfort as well as minimum chance of complications. 

In addition, technological advancements for treatment of body fat reduction procedures such as various surgical; liposuction, abdominoplasty, non-surgical; cryolipolysis, ultrasound, laser lipolysis, and other treatments are on the rise, owing to rise in demand for excess body fat reduction, enhancement of aesthetics, and various body shape contouring procedures due to self-consciousness among individuals, especially females, which propels the market growth.

However, the COVID-19 pandemic led to decrease in body fat reduction procedures globally, but at the same time closure of parks, fitness centers, educational institutions, and inculcation of work from home (WFH) culture led to increase in weight gain issues and obesity cases, which is anticipated to boost the market growth during the forecast period.

Furthermore, presence of sophisticated infrastructure in hospitals, coupled with high demand for surgical procedures, combined with increase in disposable income and increase in the glamour sector provide a boost to the market growth. Thus, technological advancements with innovative painless systems and aforementioned factors are anticipated to significantly drive the body fat reduction market growth.

In addition, opportunities in untapped, emerging markets with high potential, owing to improved healthcare infrastructure, increase in unmet healthcare needs, and rise in prevalence of obesity in populations propel the market growth. Availability of various facilities providing such procedures is an emerging opportunity for key players to invest in the body fat reduction market, which further accelerates expansion of the market.

Body Fat Reduction Market Segmentation Analysis

The body fat reduction market is segmented on the basis of procedure type, gender, end user, and region. On the basis of procedure type, the market is categorized into surgical and non-surgical. The surgical segment is further categorized into liposuction and abdominoplasty. Moreover, the non-surgical segment is subdivided into cryolipolysis, ultrasound, and others. On the basis of gender, the market is segregated into male and female. By end user, it is fragmented into hospitals & clinics, medical spas, and others.

Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and rest of Europe), Asia-Pacific (Japan, China, India, Australia, South Korea and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and rest of LAMEA).

Segment review

Depending on procedure type, the surgical segment dominated the market in 2020, and is expected to continue this trend during the forecast period, owing to increase in demand for weight loss & obesity treatments and rise in aesthetic enhancement procedures.

Body Fat Reduction Market
By Procedure Type

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Surgical segment holds a dominant position in 2020 and would continue to maintain the lead over the forecast period.

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On the basis of gender, the female segment led the market in 2020, and is expected to retain its dominance during the forecast period, owing to its popularity due to self-consciousness for pleasant and artful appearances.

By end user, the hospitals and clinics segment exhibited highest growth in 2020, and is expected to continue this trend during the forecast period.

Body Fat Reduction Market
By Gender

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Females segment is projected as one of the most lucrative segment.

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North America accounted for a majority of the global body fat reduction market share in 2020, and is anticipated to remain dominant during the forecast period. This is attributed to rise in prevalence of obesity cases, presence of key players, increase in healthcare expenditure, advancements in technology, and rise in government initiatives in the region. However, Asia-Pacific is anticipated to witness notable growth, owing to increase in overall population, surge in facilities offering body fat reduction services and increased investments in the healthcare sector in the region.

Key players operating in the global body fat reduction market are AbbVie Inc. (Allergan Inc.), Apollo Hospitals Enterprise Limited (Apollo Cosmetic Clinics), Bausch Health Companies Inc. (Solta Medical International Inc.), Candela Medical, Cutera Inc., Cynosure, Llc., Lumenis, Ltd., Sciton, Inc., Sisram Medical Ltd (Alma Lasers Ltd.), and VLCC Health Care Ltd.

Body Fat Reduction Market
By Region

2030
North America 
Europe
Asia-pacific
Lamea

Asia-Pacific is expected to experience growth at the highest rate, registering a CAGR of 8.5 % during the forecast period.

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Key Benefits For Stakeholders/investors

  • The study provides an in-depth analysis of the body fat reduction market, and the current trends and future estimations to elucidate the imminent investment pockets.
  • It presents a quantitative analysis of the market from 2021 to 2030 to enable stakeholders to capitalize on the prevailing market opportunities.
  • Extensive analysis of the market based on procedures and services assists to understand the trends in the industry.
  • Key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.

Key Market Segments

By Procedure

  • Surgical
  • Liposuction 
  • Abdominoplasty 
  • Non-Surgical
  • Cryolipolysis
  • Ultrasound
  • Others

By Gender

  • Male
  • Female

By End User

  • Hospitals & Clinics
  • Medical spas
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • South Africa
    • Saudi Arabia
    • Rest of LAMEA

Key Market Players 

  • AbbVie Inc. (Allergan Inc.)
  • Apollo Hospitals Enterprise Limited (Apollo Cosmetic Clinics)
  • Bausch Health Companies Inc. (Solta Medical International Inc.)
  • Candela Medical
  • Cutera Inc.
  • Cynosure, Llc.
  • Lumenis, Ltd.
  • Sciton, Inc.
  • Sisram Medical Ltd (Alma Lasers Ltd.)
  • VLCC Health Care Ltd.
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments

1.3.1.List of key players profiled in the report

1.4.Research methodology

1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO perspective

CHAPTER 3:MARKET LANDSCAPE

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top investment pockets
3.2.2.Top winning strategies

3.3.Porter’s five force analysis
3.4.Top player positioning, 2020
3.5.Market dynamics

3.5.1.Drivers

3.5.1.1.Increasing prevalence of obesity
3.5.1.2.Growing focus on aesthetics and cosmetic surgeries
3.5.1.3.Technological advancements and rise in adoption of minimally invasive procedures

3.5.2.Restraint

3.5.2.1.High cost of procedures coupled with post treatment complications

3.5.3.Opportunity

3.5.3.1.New developments and increasing number of facilities offering fat reduction services

3.5.4.Impact analysis

3.6.COVID-19 impact analysis on the body fat reduction market

CHAPTER 4:BODY FAT REDUCTION MARKET, BY PROCEDURE

4.1.Overview

4.1.1.Market size and forecast

4.2.Surgical

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country
4.2.4.Market size and forecast, by type

4.2.4.1.Liposuction

4.2.4.1.1.Market size and forecast

4.2.4.2.Abdominoplasty

4.2.4.2.1.Market size and forecast

4.3.Non-Surgical

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country
4.3.4.Market size and forecast, by type

4.3.4.1.Cryolipolysis

4.3.4.1.1.Market size and forecast

4.3.4.2.Ultrasound

4.3.4.2.1.Market size and forecast

4.3.4.3.Others

4.3.4.3.1.Market size and forecast

CHAPTER 5:BODY FAT REDUCTION MARKET, BY GENDER

5.1.Overview

5.1.1.Market size and forecast

5.2.Male

5.2.1.Market size and forecast, by region
5.2.2.Market analysis, by country

5.3.Female

5.3.1.Market size and forecast, by region
5.3.2.Market analysis, by country

CHAPTER 6:BODY FAT REDUCTION MARKET, BY END USER

6.1.Overview

6.1.1.Market size and forecast

6.2.Hospitals & clinics

6.2.1.Market size and forecast, by region
6.2.2.Market analysis, by country

6.3.Medical spas

6.3.1.Market size and forecast, by region
6.3.2.Market analysis, by country

6.4.Others

6.4.1.Market size and forecast, by region
6.4.2.Market analysis, by country

CHAPTER 7:BODY FAT REDUCTION MARKET, BY REGION

7.1.Overview

7.1.1.Market size and forecast

7.2.North America

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.North America Body fat reduction market, by Procedure
7.2.3.North America Body fat reduction market, by Gender
7.2.4.North America Body fat reduction market, by End User
7.2.5.Market size and forecast, by country

7.2.5.1.U.S.

7.2.5.1.1.U.S. Body fat reduction market, by Procedure
7.2.5.1.2.U.S. Body fat reduction market, by Gender
7.2.5.1.3.U.S. Body fat reduction market, by End User

7.2.5.2.Canada

7.2.5.2.1.Canada Body fat reduction market, by Procedure
7.2.5.2.2.Canada Body fat reduction market, by Gender
7.2.5.2.3.Canada Body fat reduction market, by End User

7.2.5.3.Mexico

7.2.5.3.1.Mexico Body fat reduction market, by Procedure
7.2.5.3.2.Mexico Body fat reduction market, by Gender
7.2.5.3.3.Mexico Body fat reduction market, by End User

7.3.Europe

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Europe Body fat reduction market, by procedure
7.3.3.Europe Body fat reduction market, by gender
7.3.4.Europe Body fat reduction market, by end user
7.3.5.Market size and forecast, by country

7.3.5.1.Germany

7.3.5.1.1.Germany Body fat reduction market, by Procedure
7.3.5.1.2.Germany Body fat reduction market, by Gender
7.3.5.1.3.Germany Body fat reduction market, by End User

7.3.5.2.France

7.3.5.2.1.France Body fat reduction market, by Procedure
7.3.5.2.2.France Body fat reduction market, by Gender
7.3.5.2.3.France Body fat reduction market, by End User

7.3.5.3.UK

7.3.5.3.1.UK Body fat reduction market, by Procedure
7.3.5.3.2.UK Body fat reduction market, by Gender
7.3.5.3.3.UK Body fat reduction market, by End User

7.3.5.4.Italy

7.3.5.4.1.Italy Body fat reduction market, by procedure
7.3.5.4.2.Italy Body fat reduction market, by Gender
7.3.5.4.3.Italy Body fat reduction market, by end user

7.3.5.5.Spain

7.3.5.5.1.Spain Body fat reduction market, by Procedure
7.3.5.5.2.Spain Body fat reduction market, by Gender
7.3.5.5.3.Spain Body fat reduction market, by end user

7.3.5.6.Rest of Europe

7.3.5.6.1.Rest of Europe Body fat reduction market, by Procedure
7.3.5.6.2.Rest of Europe Body fat reduction market, by Gender
7.3.5.6.3.Rest of Europe Body fat reduction market, by End User

7.4.Asia-Pacific

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Asia-Pacific Body fat reduction market, by procedure
7.4.3.Asia-Pacific Body fat reduction market, by gender
7.4.4.Asia-Pacific Body fat reduction market, by End User
7.4.5.Market size and forecast, by country

7.4.5.1.Japan

7.4.5.1.1.Japan Body fat reduction market, by Procedure
7.4.5.1.2.Japan Body fat reduction market, by Gender
7.4.5.1.3.Japan Body fat reduction market, by end user

7.4.5.2.China

7.4.5.2.1.China Body fat reduction market, by Procedure
7.4.5.2.2.China Body fat reduction market, by Gender
7.4.5.2.3.China Body fat reduction market, by end user

7.4.5.3.Australia

7.4.5.3.1.Australia Body fat reduction market, by procedure
7.4.5.3.2.Australia Body fat reduction market, by Gender
7.4.5.3.3.Australia Body fat reduction market, by End User

7.4.5.4.India

7.4.5.4.1.India Body fat reduction market, by Procedure
7.4.5.4.2.India Body fat reduction market, by Gender
7.4.5.4.3.India Body fat reduction market, by end user

7.4.5.5.South Korea

7.4.5.5.1.South Korea Body fat reduction market, by procedure
7.4.5.5.2.South Korea Body fat reduction market, by gender
7.4.5.5.3.South Korea Body fat reduction market, by End User

7.4.5.6.Rest of Asia-Pacific

7.4.5.6.1.Rest of Asia-Pacific Body fat reduction market, by Procedure
7.4.5.6.2.Rest of Asia-Pacific Body fat reduction market, by Gender
7.4.5.6.3.Rest of Asia-Pacific Body fat reduction market, by End User

7.5.LAMEA

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.LAMEA Body fat reduction market, by procedure
7.5.3.LAMEA Body fat reduction market, by gender
7.5.4.LAMEA Body fat reduction market, by end user
7.5.5.Market size and forecast, by country

7.5.5.1.Brazil

7.5.5.1.1.Brazil Body fat reduction market, by Procedure
7.5.5.1.2.Brazil Body fat reduction market, by gender
7.5.5.1.3.Brazil Body fat reduction market, by end user

7.5.5.2.Saudi Arabia

7.5.5.2.1.Saudi Arabia Body fat reduction market, by procedure
7.5.5.2.2.Saudi Arabia Body fat reduction market, by Gender
7.5.5.2.3.Saudi Arabia Body fat reduction market, by End User

7.5.5.3.South Africa

7.5.5.3.1.South Africa Body fat reduction market, by Procedure
7.5.5.3.2.South Africa Body fat reduction market, by Gender
7.5.5.3.3.South Africa Body fat reduction market, by End User

7.5.5.4.Rest of LAMEA

7.5.5.4.1.Rest of LAMEA Body fat reduction market, by Procedure
7.5.5.4.2.Rest of LAMEA Body fat reduction market, by Gender
7.5.5.4.3.Rest of LAMEA Body fat reduction market, by End User

CHAPTER 8:COMPANY PROFILES

8.1.ABBVIE INC. (ALLERGAN INC.)

8.1.1.Company overview
8.1.2.Company snapshot
8.1.3.Operating business segments
8.1.4.Product portfolio
8.1.5.Business performance
8.1.6.Key strategic moves and developments

8.2.APOLLO HOSPITALS ENTERPRISE LIMITED (APOLLO COSMETIC CLINICS)

8.2.1.Company overview
8.2.2.Company snapshot
8.2.3.Operating business segments
8.2.4.Product portfolio
8.2.5.Business performance

8.3.BAUSCH HEALTH COMPANIES INC. (SOLTA MEDICAL INTERNATIONAL INC.)

8.3.1.Company overview
8.3.2.Company snapshot
8.3.3.Operating business segments
8.3.4.Product portfolio
8.3.5.Business performance

8.4.CANDELA MEDICAL

8.4.1.Company overview
8.4.2.Company snapshot
8.4.3.Operating business segments
8.4.4.Product portfolio

8.5.CUTERA INC.

8.5.1.Company overview
8.5.2.Company snapshot
8.5.3.Operating business segments
8.5.4.Product portfolio
8.5.5.Business performance
8.5.6.Key strategic moves and developments

8.6.CYNOSURE, LLC.

8.6.1.Company overview
8.6.2.Company snapshot
8.6.3.Operating business segments
8.6.4.Product portfolio
8.6.5.Key strategic moves and developments

8.7.LUMENIS LTD.

8.7.1.Company overview
8.7.2.Company snapshot
8.7.3.Operating business segments
8.7.4.Product portfolio
8.7.5.Key strategic moves and developments

8.8.SCITON, INC.

8.8.1.Company overview
8.8.2.Company snapshot
8.8.3.Operating business segments
8.8.4.Product portfolio
8.8.5.Key strategic moves and developments

8.9.SISRAM MEDICAL LTD (ALMA LASERS LTD.)

8.9.1.Company overview
8.9.2.Company snapshot
8.9.3.Operating business segments
8.9.4.Product portfolio
8.9.5.Business performance

8.9.6.Key strategic moves and developments

8.10.VLCC HEALTH CARE LTD.

8.10.1.Company overview
8.10.2.Company snapshot
8.10.3.Operating business segments
8.10.4.Product portfolio
8.10.5.Business performance

LIST OF TABLES

TABLE 01.BODY FAT REDUCTION MARKET, PROCEDURE, 2020-2030 ($MILLION)
TABLE 02.SURGICAL BODY FAT REDUCTION MARKET, BY REGION, 2020-2030 ($MILLION)
TABLE 03.BODY FAT REDUCTION SURGICAL MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 04.BODY FAT REDUCTION NON-SURGICAL MARKET, BY REGION, 2020-2030 ($MILLION)
TABLE 05.BODY FAT REDUCTION NON-SURGICAL MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 06.BODY FAT REDUCTION MARKET, BY GENDER, 2020-2030 ($MILLION)
TABLE 07.MALE BODY FAT REDUCTION MARKET, BY REGION, 2020-2030 ($MILLION)
TABLE 08.FEMALE BODY FAT REDUCTION MARKET, BY REGION, 2020-2030 ($MILLION)
TABLE 09.BODY FAT REDUCTION MARKET, BY END USER, 2020-2030 ($MILLION)
TABLE 10.BODY FAT REDUCTION MARKET FOR HOSPITALS & CLINICS, BY REGION, 2020-2030 ($MILLION)
TABLE 11.BODY FAT REDUCTION MARKET FOR MEDICAL SPAS, BY REGION, 2020-2030 ($MILLION)
TABLE 12.BODY FAT REDUCTION MARKET FOR OTHERS, BY REGION, 2020-2030 ($MILLION)
TABLE 13.BODY FAT REDUCTION MARKET, BY REGION, 2020-2030 ($MILLION)
TABLE 14.NORTH AMERICA BODY FAT REDUCTION MARKET, BY PROCEDURE, 2020-2030 ($MILLION)
TABLE 15.NORTH AMERICA BODY FAT REDUCTION MARKET, BY GENDER, 2020-2030 ($MILLION)
TABLE 16.NORTH AMERICA BODY FAT REDUCTION MARKET, BY END USER, 2020-2030 ($MILLION)
TABLE 17.NORTH AMERICA BODY FAT REDUCTION MARKET, BY COUNTRY, 2020-2030 ($MILLION)
TABLE 18.U.S. BODY FAT REDUCTION MARKET, BY PROCEDURE, 2020-2030 ($MILLION)
TABLE 19.U.S. BODY FAT REDUCTION MARKET, BY GENDER, 2020-2030 ($MILLION)
TABLE 20.U.S. BODY FAT REDUCTION MARKET, BY END USER, 2020-2030 ($MILLION)
TABLE 21.CANADA BODY FAT REDUCTION MARKET, BY PROCEDURE, 2020-2030 ($MILLION)
TABLE 22.CANADA BODY FAT REDUCTION MARKET, BY GENDER, 2020-2030 ($MILLION)
TABLE 23.CANADA BODY FAT REDUCTION MARKET, BY END USER, 2020-2030 ($MILLION)
TABLE 24.MEXICO BODY FAT REDUCTION MARKET, BY PROCEDURE, 2020-2030 ($MILLION)
TABLE 25.MEXICO BODY FAT REDUCTION MARKET, BY GENDER, 2020-2030 ($MILLION)
TABLE 26.MEXICO BODY FAT REDUCTION MARKET, BY END USER, 2020-2030 ($MILLION)
TABLE 27.EUROPE BODY FAT REDUCTION MARKET, BY PROCEDURE, 2020-2030 ($MILLION)
TABLE 28.EUROPE BODY FAT REDUCTION MARKET, BY GENDER, 2020-2030 ($MILLION)
TABLE 29.EUROPE BODY FAT REDUCTION MARKET, BY END USER, 2020-2030 ($MILLION)
TABLE 30.EUROPE BODY FAT REDUCTION MARKET, BY COUNTRY, 2020-2030 ($MILLION)
TABLE 31.GERMANY BODY FAT REDUCTION MARKET, BY PROCEDURE, 2020-2030 ($MILLION)
TABLE 32.GERMANY BODY FAT REDUCTION MARKET, BY GENDER, 2020-2030 ($MILLION)
TABLE 33.GERMANY BODY FAT REDUCTION MARKET, BY END USER, 2020-2030 ($MILLION)
TABLE 34.FRANCE BODY FAT REDUCTION MARKET, BY PROCEDURE, 2020-2030 ($MILLION)
TABLE 35.FRANCE BODY FAT REDUCTION MARKET, BY GENDER, 2020-2030 ($MILLION)
TABLE 36.FRANCE BODY FAT REDUCTION MARKET, BY END USER, 2020-2030 ($MILLION)
TABLE 37.UK BODY FAT REDUCTION MARKET, BY PROCEDURE, 2020-2030 ($MILLION)
TABLE 38.UK BODY FAT REDUCTION MARKET, BY GENDER, 2020-2030 ($MILLION)
TABLE 39.UK BODY FAT REDUCTION MARKET, BY END USER, 2020-2030 ($MILLION)
TABLE 40.ITALY BODY FAT REDUCTION MARKET, BY PROCEDURE, 2020-2030 ($MILLION)
TABLE 41.ITALY BODY FAT REDUCTION MARKET, BY GENDER, 2020-2030 ($MILLION)
TABLE 42.ITALY BODY FAT REDUCTION MARKET, BY END USER, 2020-2030 ($MILLION)
TABLE 43.SPAIN BODY FAT REDUCTION MARKET, BY PROCEDURE, 2020-2030 ($MILLION)
TABLE 44.SPAIN BODY FAT REDUCTION MARKET, BY GENDER, 2020-2030 ($MILLION)
TABLE 45.SPAIN BODY FAT REDUCTION MARKET, BY END USER, 2020-2030 ($MILLION)
TABLE 46.REST OF EUROPE BODY FAT REDUCTION MARKET, BY PROCEDURE, 2020-2030 ($MILLION)
TABLE 47.REST OF EUROPE BODY FAT REDUCTION MARKET, BY GENDER, 2020-2030 ($MILLION)
TABLE 48.REST OF EUROPE BODY FAT REDUCTION MARKET, BY END USER, 2020-2030 ($MILLION)
TABLE 49.ASIA-PACIFIC BODY FAT REDUCTION MARKET, BY PROCEDURE, 2020-2030 ($MILLION)
TABLE 50.ASIA-PACIFIC BODY FAT REDUCTION MARKET, BY GENDER, 2020-2030 ($MILLION)
TABLE 51.ASIA-PACIFIC BODY FAT REDUCTION MARKET, BY END USER, 2020-2030 ($MILLION)
TABLE 52.ASIA-PACIFIC BODY FAT REDUCTION MARKET, BY COUNTRY, 2020-2030 ($MILLION)
TABLE 53.JAPAN BODY FAT REDUCTION MARKET, BY PROCEDURE, 2020-2030 ($MILLION)
TABLE 54.JAPAN BODY FAT REDUCTION MARKET, BY GENDER, 2020-2030 ($MILLION)
TABLE 55.JAPAN BODY FAT REDUCTION MARKET, BY END USER, 2020-2030 ($MILLION)
TABLE 56.CHINA BODY FAT REDUCTION MARKET, BY PROCEDURE, 2020-2030 ($MILLION)
TABLE 57.CHINA BODY FAT REDUCTION MARKET, BY GENDER, 2020-2030 ($MILLION)
TABLE 58.CHINA BODY FAT REDUCTION MARKET, BY END USER, 2020-2030 ($MILLION)
TABLE 59.AUSTRALIA BODY FAT REDUCTION MARKET, BY PROCEDURE, 2020-2030 ($MILLION)
TABLE 60.AUSTRALIA BODY FAT REDUCTION MARKET, BY GENDER, 2020-2030 ($MILLION)
TABLE 61.AUSTRALIA BODY FAT REDUCTION MARKET, BY END USER, 2020-2030 ($MILLION)
TABLE 62.INDIA BODY FAT REDUCTION MARKET, BY PROCEDURE, 2020-2030 ($MILLION)
TABLE 63.INDIA BODY FAT REDUCTION MARKET, BY GENDER, 2020-2030 ($MILLION)
TABLE 64.INDIA BODY FAT REDUCTION MARKET, BY END USER, 2020-2030 ($MILLION)
TABLE 65.SOUTH KOREA BODY FAT REDUCTION MARKET, BY PROCEDURE, 2020-2030 ($MILLION)
TABLE 66.SOUTH KOREA BODY FAT REDUCTION MARKET, BY GENDER, 2020-2030 ($MILLION)
TABLE 67.SOUTH KOREA BODY FAT REDUCTION MARKET, BY END USER, 2020-2030 ($MILLION)
TABLE 68.REST OF ASIA-PACIFIC BODY FAT REDUCTION MARKET, BY PROCEDURE, 2020-2030 ($MILLION)
TABLE 69.REST OF ASIA-PACIFIC BODY FAT REDUCTION MARKET, BY GENDER, 2020-2030 ($MILLION)
TABLE 70.REST OF ASIA-PACIFIC BODY FAT REDUCTION MARKET, BY END USER, 2020-2030 ($MILLION)
TABLE 71.LAMEA BODY FAT REDUCTION MARKET, BY PROCEDURE, 2020-2030 ($MILLION)
TABLE 72.LAMEA BODY FAT REDUCTION MARKET, BY GENDER, 2020-2030 ($MILLION)
TABLE 73.LAMEA BODY FAT REDUCTION MARKET, BY END USER, 2020-2030 ($MILLION)
TABLE 74.LAMEA BODY FAT REDUCTION MARKET, BY COUNTRY, 2020-2030 ($MILLION)
TABLE 75.BRAZIL BODY FAT REDUCTION MARKET, BY PROCEDURE, 2020-2030 ($MILLION)
TABLE 76.BRAZIL BODY FAT REDUCTION MARKET, BY GENDER, 2020-2030 ($MILLION)
TABLE 77.BRAZIL BODY FAT REDUCTION MARKET, BY END USER, 2020-2030 ($MILLION)
TABLE 78.SAUDI ARABIA BODY FAT REDUCTION MARKET, BY PROCEDURE, 2020-2030 ($MILLION)
TABLE 79.SAUDI ARABIA BODY FAT REDUCTION MARKET, BY GENDER, 2020-2030 ($MILLION)
TABLE 80.SAUDI ARABIA BODY FAT REDUCTION MARKET, BY END USER, 2020-2030 ($MILLION)
TABLE 81.SOUTH AFRICA BODY FAT REDUCTION MARKET, BY PROCEDURE, 2020-2030 ($MILLION)
TABLE 82.SOUTH AFRICA BODY FAT REDUCTION MARKET, BY GENDER, 2020-2030 ($MILLION)
TABLE 83.SOUTH AFRICA BODY FAT REDUCTION MARKET, BY END USER, 2020-2030 ($MILLION)
TABLE 84.REST OF LAMEA BODY FAT REDUCTION MARKET, BY PROCEDURE, 2020-2030 ($MILLION)
TABLE 85.REST OF LAMEA BODY FAT REDUCTION MARKET, BY GENDER, 2020-2030 ($MILLION)
TABLE 86.REST OF LAMEA BODY FAT REDUCTION MARKET, BY END USER, 2020-2030 ($MILLION)
TABLE 87.ABBVIE: COMPANY SNAPSHOT
TABLE 88.ABBVIE: PRODUCT SEGMENTS
TABLE 89.ABBVIE: PRODUCT PORTFOLIO
TABLE 90.ABBVIE: KEY DEVELOPMENTS
TABLE 91.APOLLO: COMPANY SNAPSHOT
TABLE 92.APOLLO: PRODUCT SEGMENTS
TABLE 93.APOLLO: PRODUCT PORTFOLIO
TABLE 94.BAUSCH: COMPANY SNAPSHOT
TABLE 95.BAUSCH: OPERATING SEGMENTS
TABLE 96.BAUSCH: PRODUCT PORTFOLIO
TABLE 97.CANDELA: COMPANY SNAPSHOT
TABLE 98.CANDELA: OPERATING SEGMENTS
TABLE 99.CANDELA: PRODUCT PORTFOLIO
TABLE 100.CUTERA: COMPANY SNAPSHOT
TABLE 101.CUTERA: OPERATING SEGMENTS
TABLE 102.CUTERA: PRODUCT PORTFOLIO
TABLE 103.CUTERA: KEY DEVELOPMENTS
TABLE 104.CYNOSURE: COMPANY SNAPSHOT
TABLE 105.CYNOSURE: PRODUCT SEGMENTS
TABLE 106.CYNOSURE: PRODUCT PORTFOLIO
TABLE 107.CYNOSURE: KEY DEVELOPMENTS
TABLE 108.LUMENIS: COMPANY SNAPSHOT
TABLE 109.LUMENIS: PRODUCT SEGMENTS
TABLE 110.LUMENIS: PRODUCT PORTFOLIO
TABLE 111.LUMENIS: KEY DEVELOPMENTS
TABLE 112.SCITON: COMPANY SNAPSHOT
TABLE 113.SCITON: OPERATING BUSINESS SEGMENTS
TABLE 114.SCITON: PRODUCT PORTFOLIO
TABLE 115.SCITON: KEY DEVELOPMENTS
TABLE 116.SISRAM: COMPANY SNAPSHOT
TABLE 117.SISRAM: OPERATING SEGMENTS
TABLE 118.SISRAM: PRODUCT PORTFOLIO
TABLE 119.SISRAM: KEY DEVELOPMENTS
TABLE 120.VLCC: COMPANY SNAPSHOT
TABLE 121.VLCC: OPERATING BUSINESS SEGMENTS
TABLE 122.VLCC: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.BODY FAT REDUCTION MARKET SEGMENTATION
FIGURE 02.TOP INVESTMENT POCKETS
FIGURE 03.TOP WINNING STRATEGIES, BY YEAR, 2018–2021
FIGURE 04.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2018–2021 (%)
FIGURE 05.TOP WINNING STRATEGIES, BY COMPANY, 2018–2021
FIGURE 06.HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 07.MODERATE BARGAINING POWER OF BUYERS
FIGURE 08.MODERATE THREAT OF SUBSTITUTES
FIGURE 09.HIGH THREAT OF NEW ENTRANTS
FIGURE 10.HIGH COMPETITIVE RIVALRY
FIGURE 11.TOP PLAYER POSITIONING, 2020
FIGURE 12.IMPACT ANALYSIS
FIGURE 13.COMPARATIVE SHARE ANALYSIS OF BODY FAT REDUCTION SURGICAL MARKET, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 14.BODY FAT REDUCTION LIPOSUCTION MARKET, 2020–2030 ($MILLION)
FIGURE 15.BODY FAT REDUCTION ABDOMINOPLASTY MARKET, 2020–2030 ($MILLION)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF BODY FAT REDUCTION NON-SURGICAL MARKET, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 17.BODY FAT REDUCTION CRYOLIPOLYSIS MARKET, 2020–2030 ($MILLION)
FIGURE 18.BODY FAT REDUCTION ULTRASOUND MARKET, 2020–2030 ($MILLION)
FIGURE 19.BODY FAT REDUCTION OTHERS MARKET, 2020–2030 ($MILLION)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF MALE BODY FAT REDUCTION MARKET, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF FEMALE BODY FAT REDUCTION MARKET, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 22.COMPARATIVE ANALYSIS OF BODY FAT REDUCTION MARKET FOR HOSPITALS & CLINICS, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 23.COMPARATIVE ANALYSIS OF BODY FAT REDUCTION MARKET FOR MEDICAL SPAS, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 24.COMPARATIVE ANALYSIS OF BODY FAT REDUCTION MARKET FOR OTHERS, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 25.ABBVIE: NET SALES, 2018–2020 ($MILLION)
FIGURE 26.ABBVIE: REVENUE SHARE BY REGION, 2020(%)
FIGURE 27.APOLLO: NET SALES, 2018–2020 ($MILLION)
FIGURE 28.APOLLO: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 29.BAUSCH: NET SALES, 2018–2020 ($MILLION)
FIGURE 30.BAUSCH: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 31.BAUSCH: REVENUE SHARE BY REGION, 2020(%)
FIGURE 32.CUTERA: NET SALES, 2018–2020 ($MILLION)
FIGURE 33.CUTERA: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 34.CUTERA: REVENUE SHARE BY REGION, 2020(%)
FIGURE 35.SISRAM: NET SALES, 2018–2020 ($MILLION)
FIGURE 36.SISRAM: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 37.SISRAM: REVENUE SHARE BY REGION, 2020(%)
FIGURE 38.VLCC: NET SALES, 2019–2021 ($MILLION)
FIGURE 39.VLCC: REVENUE SHARE BY REGION, 2021 (%)

 
 

Excessive consumption of fat-based foods, rise in unhealthy lifestyle among younger generation, adoption of sedentary lifestyle, and less physical activity leads to excess amount of fats in the body causing weight gain and further leading to obesity. Obesity is a growing public health issue in both developed and developing countries, as a result, people are seeking for ways to lose extra body fat. Obesity is caused by a mix of genetic, physiological, and environmental factors as well as lifestyle choices. Therefore, it is anticipated to drive the body fat reduction market significantly.

One of the key factors driving the market expansion is rise in emphasis on aesthetics for beautification among consumers, particularly females, in enhancing appearances. The desire for pleasing artistic looks has resulted in increase in cosmetic procedures for body fat reduction. Furthermore, owing to self-consciousness, there is a surge in demand for body shaping or body contouring surgical and non-surgical procedures.

Technological advancements for various minimally invasive procedures that are less painful, reduce blood loss, are less time consuming, and more effective are on the rise. Launch of various innovative techniques for body contouring such as latest cool sculpting further propels growth of the market. Furthermore, the COVID-19 pandemic led to decrease in body fat reduction procedures globally, but at the same time closure of parks, fitness centers, educational institutions, and inculcation of work from home (WFH) culture led to increase in weight gain issues and obesity cases, which is anticipated to boost the market growth in the forecast period.

North America is expected to witness highest growth, in terms of revenue, owing to rise in prevalence of minimally invasive surgeries, presence of key players, and advancements in healthcare investments due to increased disposable income. Asia-Pacific was the second largest contributor to the market in 2020, and is expected to register the fastest CAGR during the forecast period, owing to increase in customer population for services, to trend with the western culture, and rise in facilities that provide such services. However, high cost of procedures and certain complications associated with it restrain the market growth during the forecast period.

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FREQUENTLY ASKED QUESTIONS?
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A. The total market value of body fat reduction market is $7,587.77 million in 2020.

A. The forcast period for body fat reduction market is 2021 to 2030

A. The market value of body fat reduction market in 2021 is $7,265.29 million.

A. The base year is 2020 in body fat reduction market

A. Top companies such as AbbVie Inc. (Allergan Inc.), Apollo Hospitals Enterprise Limited (Apollo Cosmetic Clinics), Bausch Health Companies Inc. (Solta Medical International Inc.), Candela Medical, Cutera Inc., Cynosure, Llc., Lumenis, Ltd., Sciton, Inc., Sisram Medical Ltd (Alma Lasers Ltd.) and VLCC Health Care Ltd held a high market position in 2020.

A. Surgical segment dominated the global market in 2020, and expected to continue this trend throughout the forecast period. The rise in facilities providing services like liposuction and abdominoplasty is expected to drive the segment

A. Rise in prevalence of population with weight gain issues, rise in obesity, surge in demand for body contouring, slimming, fitness, for aesthetic enhacement is anticipated to drive the market in the forecast period.

A. North America is projected to account for a major share of the global body fat reduction market during the forecast period. U.S. dominated the North America body fat reduction market owing to rise in disposable income, increased demand for surgical and non-surgical procedures for aesthetic enhancement across the country.

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