The body fat reduction market is expected to expand its roots at a steady CAGR of 9.6% during the forecast period. The market is likely to hold a revenue of US$ 10.65 billion in 2023 while it is anticipated to cross a value of US$ 25.6 billion by 2033.
The research report on the body fat reduction market states that the changing lifestyle and eating practices have made people obese and fat. This leads them to suffer from chronic diseases like diabetes, uneven blood pressure, and life-threatening disease. Procedures to lose weight or alter the body after pregnancy are becoming more popular. There is a growing awareness among youth and women about their body shape and fitness to achieve body slimming. Furthermore, the rising social media fitness trends along with the transformation trends are shaping the market growth. The approval of the diabetes drug liraglutide as a weight loss and body fat reduction pill has transformed the market landscape. The non-invasive surgeries are the future of fat removal treatment that is expected to be executed through robotic technology.
Body fat reduction market analysis explains that rising obesity and idle lifestyle have led people to numerous chronic diseases. Thus, people are getting aware about invasive and non-invasive fat reduction surgeries are fuelling the demand for body fat reduction therapies. Alongside this, Obesity rates and the obese population are on the rise, creating demand for body fat reduction procedures. Obesity is a major public health issue, and obese patients are looking for advanced methods to lose excess body fat. The private healthcare sector is also providing surgical and non-surgical services for body fat reduction.
| Attributes | Details |
|---|---|
| Body Fat Reduction Market CAGR (2023 to 2033) | 9.6% |
| Body Fat Reduction Market Size (2023) | US$ 10.65 billion |
| Body Fat Reduction Market Size (2033) | US$ 25.6 billion |
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Short-term Growth (2023 to 2026): Many of the population has turned obese with a lazy lifestyle and high-carbs and fat intake. People eating high calories of junk food outside their homes are also increasing. Thus, the demand for body fat-cutting tools is flourishing the demand for body fat reduction methods. With these wide ranges of applications, the market is expected to hold US$ 10.65 billion in 2023 while it is likely to reach US$ 14.02 billion by 2026.
Mid-term Growth (2026 to 2029): The addition of technology in healthcare systems along with the beautification processes getting are famous. Cell therapy along with minimally invasive surgeries is gaining traction in the market. This takes a market value from US$ 14.02 billion in 2026 to a value of US$ 18.46 billion in 2029.
Long-term Growth (2029 to 2033): The integration of artificial intelligence, machine learning, and robotics for invasive surgeries is propelling the market. Furthermore, the integrated diet system and “Do’s and Don’ts” are explained through the different procedures. The focus on processed foods is also garnering market growth during this long-term growth period. Thus, the market is anticipated to thrive at a slightly lower CAGR of 9.6% between 2023 and 2033.
The advent of weight loss injections such as stomach and peptide injections is a new thing in the market. The race to get the right amount of BMI is also a flourishing factor in the market. These fat-dissolving injections simply apply specific solutions to eliminate small and stubborn pockets of fat. Furthermore, the application of cool sculpting on arms, chin, legs, love handles/flanks, back, and knee can eliminate the fat from these parts of the body. As a result, the demand for body fat reduction has decreased in recent years. However, the temporary closure of fitness centers and the continuation of the work-from-home (WFH) culture have increased weight gain difficulties, which is expected to drive the body fat reduction market share over the projection period.
The growing geriatric population that sits for more than 8 hours a day while working on the screen with no exercise gains fat easily. Thus, people refer to different methods to reduce weight that includes new minimally invasive surgeries that cut fat with minimum side effects and muscle damage.
Principal Consultant
Some of the major restraints for the body fat reduction market are campaigns like body positivity and fat-positivity programs. For example, the high cost associated with surgeries and non-surgical methods is flourishing the demand for body fat reduction.
| Region/Countries | Revenue Share % (2022) |
|---|---|
| United States | 25.7% |
| Germany | 8.9% |
| Japan | 4.6% |
| North America | 38% |
| Europe | 28% |
Higher Demand for Minimally Invasive Surgeries along with the Restoration of Healthcare Digital Systems is Flourishing the Regional Growth
The United States body fat reduction market leads in terms of market share in the North American region. The region is expected to hold a market share of 25.7% in 2023. The North American market held a share of 38% in 2022 due to the increased number of obese people, social media trends, and the availability of an enhanced surgical framework. Furthermore, the surge in the number of people with obesity and cosmetic difficulties has created a large client base for various healthcare specialists. The rising per capita income of citizens is also letting them try different cosmetic and aesthetic surgeries.
Higher Population, Affordable Healthcare Services, and Rising Obesity amongst People are flourishing Growth in the Chinese Market
The Chinese Body Fat Reduction market thrives at a CAGR of 8.9% between 2023 and 2033. The growth is attributed to the higher population and urbanization. Urbanization is pushing people adopt to remote work modules, decreasing their activities. Thus, the fat percentage is increasing among the Chinese population. Furthermore, the high-end and affordable surgeries under the Chinese government are flourishing the demand for body fat reduction surgeries.
Rising Social Media Trends, Increasing Awareness, and Higher Availability of Different Fat Reduction Procedures are fuelling the Regional Growth
The United Kingdom market thrives at a CAGR of 6.5% during the forecast period. The growth is attributed to cosmetic operations having seen a significant increase as the importance of looks has grown. Furthermore, the region's expansion is being aided by an increase in cosmetic surgeons across the region.
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| Category | By Procedure Type |
|---|---|
| Leading Segment | Surgical Procedures |
| Market Share (2023) | 85.70% |
| Category | By End User |
|---|---|
| Leading Segment | Hospitals |
| Market Share (2023) | 32% |
Based on component type, the substation automation system leads as it held a major market share of 85.70% in 2022. The growth of this segment is due to an increase in the need for weight reduction and overweight therapies, as well as a surge in aesthetic improvement procedures. Surgical procedures with lower side effects are considered fast and effective.
Based on the end user, the hospital segment leads as it held a market share of 32% in 2022. The growth of this segment has flourished through higher consumption, rising footfall, and extended aesthetic departments of these hospitals.
The key players in the market adopt different technologies like artificial intelligence, robotics, and machine learning. The IoT deployment is also likely to transform the market. The extended research and development facilities to overcome the aesthetic challenges are also one strategy the vendors adopt for better services.
How can Body Fat Reduction Vendors Providers Scale their Businesses in the Market?
Market players in the market are working on three major strategies.
Market Developments
The body fat reduction market held a value of US$ 9.89 billion in 2022.
The market holds a value of US$ 10.65 billion in 2023.
The market is anticipated to hold a share of US$ 25.6 billion by 2033.
The body fat reduction market is expected to have a CAGR of 9.6% by 2033.
Based on procedure type, the surgical procedure leads in the body fat reduction market as it held a market share of 85.70% in 2023.
The hospital held a leading market share of 32% in the body fat reduction market in 2022.
The market in 2023 is valued at US$ 10.65 billion.
The hospital segment leads the market with a market share of 32% in 2022.
The market is estimated to register a 9.6% CAGR through 2033.
The market is likely to reach US$ 25.6 billion by 2033.
North America’s market held a share of 38% in 2022.
1. Executive Summary | Body Fat Reduction Market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Investment Feasibility Matrix
3.5. PESTLE and Porter’s Analysis
3.6. Regulatory Landscape
3.6.1. By Key Regions
3.6.2. By Key Countries
3.7. Regional Parent Market Outlook
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Procedure
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) Analysis By Procedure, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Procedure, 2023 to 2033
5.3.1. Surgical
5.3.1.1. Liposuction
5.3.1.2. Abdominoplasty
5.3.2. Non-surgical
5.3.2.1. Cryolipolysis
5.3.2.2. Ultrasound
5.3.2.3. Laser Lipolysis
5.3.2.4. Others
5.4. Y-o-Y Growth Trend Analysis By Procedure, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Procedure, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Gender
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) Analysis By Gender, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Gender, 2023 to 2033
6.3.1. Female
6.3.2. Male
6.4. Y-o-Y Growth Trend Analysis By Gender, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Gender, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Service Provider
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) Analysis By Service Provider, 2018 to 2022
7.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Service Provider, 2023 to 2033
7.3.1. Hospitals
7.3.2. Clinics
7.3.3. Medical Spas
7.4. Y-o-Y Growth Trend Analysis By Service Provider, 2018 to 2022
7.5. Absolute $ Opportunity Analysis By Service Provider, 2023 to 2033
8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
8.1. Introduction
8.2. Historical Market Size Value (US$ Million) Analysis By Region, 2018 to 2022
8.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2023 to 2033
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. South Asia
8.3.5. East Asia
8.3.6. Oceania
8.3.7. MEA
8.4. Market Attractiveness Analysis By Region
9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
9.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
9.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
9.2.1. By Country
9.2.1.1. USA
9.2.1.2. Canada
9.2.2. By Procedure
9.2.3. By Gender
9.2.4. By Service Provider
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Procedure
9.3.3. By Gender
9.3.4. By Service Provider
9.4. Key Takeaways
10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.1.1. Brazil
10.2.1.2. Mexico
10.2.1.3. Rest of Latin America
10.2.2. By Procedure
10.2.3. By Gender
10.2.4. By Service Provider
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Procedure
10.3.3. By Gender
10.3.4. By Service Provider
10.4. Key Takeaways
11. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. United Kingdom
11.2.1.3. France
11.2.1.4. Spain
11.2.1.5. Italy
11.2.1.6. Rest of Europe
11.2.2. By Procedure
11.2.3. By Gender
11.2.4. By Service Provider
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Procedure
11.3.3. By Gender
11.3.4. By Service Provider
11.4. Key Takeaways
12. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. India
12.2.1.2. Malaysia
12.2.1.3. Singapore
12.2.1.4. Thailand
12.2.1.5. Rest of South Asia
12.2.2. By Procedure
12.2.3. By Gender
12.2.4. By Service Provider
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Procedure
12.3.3. By Gender
12.3.4. By Service Provider
12.4. Key Takeaways
13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Country
13.2.1.1. China
13.2.1.2. Japan
13.2.1.3. South Korea
13.2.2. By Procedure
13.2.3. By Gender
13.2.4. By Service Provider
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Procedure
13.3.3. By Gender
13.3.4. By Service Provider
13.4. Key Takeaways
14. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
14.2.1. By Country
14.2.1.1. Australia
14.2.1.2. New Zealand
14.2.2. By Procedure
14.2.3. By Gender
14.2.4. By Service Provider
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Procedure
14.3.3. By Gender
14.3.4. By Service Provider
14.4. Key Takeaways
15. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
15.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
15.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
15.2.1. By Country
15.2.1.1. GCC Countries
15.2.1.2. South Africa
15.2.1.3. Israel
15.2.1.4. Rest of MEA
15.2.2. By Procedure
15.2.3. By Gender
15.2.4. By Service Provider
15.3. Market Attractiveness Analysis
15.3.1. By Country
15.3.2. By Procedure
15.3.3. By Gender
15.3.4. By Service Provider
15.4. Key Takeaways
16. Key Countries Market Analysis
16.1. USA
16.1.1. Pricing Analysis
16.1.2. Market Share Analysis, 2022
16.1.2.1. By Procedure
16.1.2.2. By Gender
16.1.2.3. By Service Provider
16.2. Canada
16.2.1. Pricing Analysis
16.2.2. Market Share Analysis, 2022
16.2.2.1. By Procedure
16.2.2.2. By Gender
16.2.2.3. By Service Provider
16.3. Brazil
16.3.1. Pricing Analysis
16.3.2. Market Share Analysis, 2022
16.3.2.1. By Procedure
16.3.2.2. By Gender
16.3.2.3. By Service Provider
16.4. Mexico
16.4.1. Pricing Analysis
16.4.2. Market Share Analysis, 2022
16.4.2.1. By Procedure
16.4.2.2. By Gender
16.4.2.3. By Service Provider
16.5. Germany
16.5.1. Pricing Analysis
16.5.2. Market Share Analysis, 2022
16.5.2.1. By Procedure
16.5.2.2. By Gender
16.5.2.3. By Service Provider
16.6. United Kingdom
16.6.1. Pricing Analysis
16.6.2. Market Share Analysis, 2022
16.6.2.1. By Procedure
16.6.2.2. By Gender
16.6.2.3. By Service Provider
16.7. France
16.7.1. Pricing Analysis
16.7.2. Market Share Analysis, 2022
16.7.2.1. By Procedure
16.7.2.2. By Gender
16.7.2.3. By Service Provider
16.8. Spain
16.8.1. Pricing Analysis
16.8.2. Market Share Analysis, 2022
16.8.2.1. By Procedure
16.8.2.2. By Gender
16.8.2.3. By Service Provider
16.9. Italy
16.9.1. Pricing Analysis
16.9.2. Market Share Analysis, 2022
16.9.2.1. By Procedure
16.9.2.2. By Gender
16.9.2.3. By Service Provider
16.10. India
16.10.1. Pricing Analysis
16.10.2. Market Share Analysis, 2022
16.10.2.1. By Procedure
16.10.2.2. By Gender
16.10.2.3. By Service Provider
16.11. Malaysia
16.11.1. Pricing Analysis
16.11.2. Market Share Analysis, 2022
16.11.2.1. By Procedure
16.11.2.2. By Gender
16.11.2.3. By Service Provider
16.12. Singapore
16.12.1. Pricing Analysis
16.12.2. Market Share Analysis, 2022
16.12.2.1. By Procedure
16.12.2.2. By Gender
16.12.2.3. By Service Provider
16.13. Thailand
16.13.1. Pricing Analysis
16.13.2. Market Share Analysis, 2022
16.13.2.1. By Procedure
16.13.2.2. By Gender
16.13.2.3. By Service Provider
16.14. China
16.14.1. Pricing Analysis
16.14.2. Market Share Analysis, 2022
16.14.2.1. By Procedure
16.14.2.2. By Gender
16.14.2.3. By Service Provider
16.15. Japan
16.15.1. Pricing Analysis
16.15.2. Market Share Analysis, 2022
16.15.2.1. By Procedure
16.15.2.2. By Gender
16.15.2.3. By Service Provider
16.16. South Korea
16.16.1. Pricing Analysis
16.16.2. Market Share Analysis, 2022
16.16.2.1. By Procedure
16.16.2.2. By Gender
16.16.2.3. By Service Provider
16.17. Australia
16.17.1. Pricing Analysis
16.17.2. Market Share Analysis, 2022
16.17.2.1. By Procedure
16.17.2.2. By Gender
16.17.2.3. By Service Provider
16.18. New Zealand
16.18.1. Pricing Analysis
16.18.2. Market Share Analysis, 2022
16.18.2.1. By Procedure
16.18.2.2. By Gender
16.18.2.3. By Service Provider
16.19. GCC Countries
16.19.1. Pricing Analysis
16.19.2. Market Share Analysis, 2022
16.19.2.1. By Procedure
16.19.2.2. By Gender
16.19.2.3. By Service Provider
16.20. South Africa
16.20.1. Pricing Analysis
16.20.2. Market Share Analysis, 2022
16.20.2.1. By Procedure
16.20.2.2. By Gender
16.20.2.3. By Service Provider
16.21. Israel
16.21.1. Pricing Analysis
16.21.2. Market Share Analysis, 2022
16.21.2.1. By Procedure
16.21.2.2. By Gender
16.21.2.3. By Service Provider
17. Market Structure Analysis
17.1. Competition Dashboard
17.2. Competition Benchmarking
17.3. Market Share Analysis of Top Players
17.3.1. By Regional
17.3.2. By Procedure
17.3.3. By Gender
17.3.4. By Service Provider
18. Competition Analysis
18.1. Competition Deep Dive
18.1.1. Amirlak Plastic Surgery
18.1.1.1. Overview
18.1.1.2. Product Portfolio
18.1.1.3. Profitability by Market Segments
18.1.1.4. Sales Footprint
18.1.1.5. Strategy Overview
18.1.1.5.1. Marketing Strategy
18.1.2. JK Plastic Surgery Center
18.1.2.1. Overview
18.1.2.2. Product Portfolio
18.1.2.3. Profitability by Market Segments
18.1.2.4. Sales Footprint
18.1.2.5. Strategy Overview
18.1.2.5.1. Marketing Strategy
18.1.3. Apollo cosmetic clinics
18.1.3.1. Overview
18.1.3.2. Product Portfolio
18.1.3.3. Profitability by Market Segments
18.1.3.4. Sales Footprint
18.1.3.5. Strategy Overview
18.1.3.5.1. Marketing Strategy
18.1.4. Elite Body Sculpture
18.1.4.1. Overview
18.1.4.2. Product Portfolio
18.1.4.3. Profitability by Market Segments
18.1.4.4. Sales Footprint
18.1.4.5. Strategy Overview
18.1.4.5.1. Marketing Strategy
18.1.5. The Plastic Surgery Clinics
18.1.5.1. Overview
18.1.5.2. Product Portfolio
18.1.5.3. Profitability by Market Segments
18.1.5.4. Sales Footprint
18.1.5.5. Strategy Overview
18.1.5.5.1. Marketing Strategy
18.1.6. Transform Cosmetic Surgery
18.1.6.1. Overview
18.1.6.2. Product Portfolio
18.1.6.3. Profitability by Market Segments
18.1.6.4. Sales Footprint
18.1.6.5. Strategy Overview
18.1.6.5.1. Marketing Strategy
18.1.7. VIDA Wellness & Beauty
18.1.7.1. Overview
18.1.7.2. Product Portfolio
18.1.7.3. Profitability by Market Segments
18.1.7.4. Sales Footprint
18.1.7.5. Strategy Overview
18.1.7.5.1. Marketing Strategy
18.1.8. Waldman Schantz Plastic Surgery Center
18.1.8.1. Overview
18.1.8.2. Product Portfolio
18.1.8.3. Profitability by Market Segments
18.1.8.4. Sales Footprint
18.1.8.5. Strategy Overview
18.1.8.5.1. Marketing Strategy
18.1.9. VLCC Wellness & Beauty Center
18.1.9.1. Overview
18.1.9.2. Product Portfolio
18.1.9.3. Profitability by Market Segments
18.1.9.4. Sales Footprint
18.1.9.5. Strategy Overview
18.1.9.5.1. Marketing Strategy
18.1.10. AbbVie Inc.
18.1.10.1. Overview
18.1.10.2. Product Portfolio
18.1.10.3. Profitability by Market Segments
18.1.10.4. Sales Footprint
18.1.10.5. Strategy Overview
18.1.10.5.1. Marketing Strategy
19. Assumptions & Acronyms Used
20. Research Methodology
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Body Fat Reduction Market
