Market Overview –
The size of the global body fat reduction market exceeded USD 9 billion in 2021, and between 2022 and 2028, it is anticipated to grow by more than 9.9% CAGR. The global prevalence of obesity is increasing, which will lead to an increase in demand for body fat reduction methods. In both developed and developing countries, a high adoption of sedentary lifestyles, including a high intake of junk food, alcohol consumption, and physical inactivity, is anticipated to increase the number of fat people and boost total market growth.
For instance, the Centers for Disease Control and Prevention report that for the years 2017–2018, the prevalence rate of obesity in the United States was 42.4%. Additionally, an increase in the number of obesity patient cases, particularly in urban areas, along with expanding public awareness of cosmetic procedures for body fat reduction are anticipated to improve the outlook for the sector as a whole. Therefore, the market would anticipate profitable growth prospects during the projected period because to the increased attention on body fat reduction treatments among the adult population to achieve desired body shapes and remove excess weight.
Body fat reduction methods including liposuction, abdominoplasty, cryolipolysis, and ultrasound can be done surgically or non-surgically. Medical spas, hospitals, and clinics furnish the body tissues and organs used in surgery by abrading, cutting, suturing, and physically altering them.
Market Dynamics –
The main driving forces anticipated to propel the target market’s revenue growth during the forecast years are rising incidences of obesity, rising customer demand for less invasive surgical procedures, and rising occurrences. Other factors that are anticipated to contribute to the target market’s revenue growth include the prevalence of chronic diseases and disorders, an ageing population, higher health care costs, the adoption of fat reduction procedures to reshape bodies after pregnancies, an increase in the incidence of lifestyle diseases, and favourable government policies that are encouraging the adoption of body fat reductions.
Other aspects that are anticipated to contribute to the target market’s growth include the development of new fat-reduction products, the expansion of facilities that provide body contouring treatments, and technological improvements. The high cost of surgery and some of the difficulties that might arise from it, however, are some of the main factors anticipated to significantly slow the growth of the target market.
COVID-19 Impact –
Due to postponed aesthetic operations in 2020, the COVID-19 epidemic has had a negative influence on the demand for body fat reduction products. Overall market demand has been hampered by the implementation of preventative lockdown in some economies, movement limitations, stringent rules, and guidelines for accessing clinical services. Additionally, the amount of body fat reduction surgeries during the early stages of the pandemic was constrained by a significant decline in patient desire for aesthetic procedures due to heightened concerns about the COVID-19 virus and safety. But in 2021, the market saw a rise in the number of aesthetic treatments, which pointed to a promising future for the industry.
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Another name for body fat is adipose tissue. Adipose tissue is a sophisticated form of connective tissue with important roles in the endocrine and metabolic systems. Body fat reduction is a word used to describe a decrease in unwelcome excess body weight brought on by the loss of adipose tissue, tendons, body fluid, muscle, and other connective tissues. Techniques for reducing body fat are frequently employed in cosmetic surgery to get rid of extra fat on the body. Body fat reduction can be achieved by a variety of procedures, including liposuction, abdominoplasty (tummy tuck), cryolipolysis, ultrasound, laser lipolysis, advanced injectables, and more.
Research Methodology –
The market research thoroughly examines all the prior reports and develops projections based on them. The papers listed under this category make an effort to offer you a sense of the most popular consumer products on the market using extensive market knowledge, data, and research.
In addition to product trends and analyses, our industry research papers give you a comprehensive perspective on economic scenarios and forecasts. Additionally provided are company profiles, market share and growth figures, sales information and forecasts, and industry summaries.
Competitive Landscape –
With a focus on the global market, the study report for the global body fat reduction market offers useful information. The leading companies in the body fat reduction industry are Apollo Hospitals, Elite Body Sculpture, The Plastic Surgery Clinics, VLCC Wellness, and Beauty Center.
The section on the competitive landscape also includes a global analysis of the main development strategies, market positions, and market shares of the aforementioned competitors.
Continuous equipment technical breakthroughs as well as a range of surgical and non-surgical fat loss methods will enhance the industrial landscape.
Body Fat Reduction key players –
Apollo Cosmetics Clinics
Amirlak Plastic Surgery
The Piazza Center for Plastic Surgery and Skincare
VIDA Wellness and Beauty
JK Plastic Surgery Center
By Type –
By Applications –
Hospitals & Clinics
By Regions –
Middle East & Africa