Press release
Obesity Epidemic Fuels Demand For Body Fat Reduction Solutions Insights Into Market Growth: A Significant Driver Propelling The Body Fat Reduction Market In 2025
Body Fat Reduction
What Is the Body Fat Reduction Market Size and Projected Growth Rate?
Significant growth has been witnessed in the body fat reduction market size over the past few years. The sector, which will be worth $13.04 billion in 2024, is set to increase to $14.22 billion in 2025, marking a compound annual growth rate (CAGR) of 9.1%. The historic period's growth can be traced back to factors such as increasing worries about obesity, the expansion of the fitness and wellness sphere, the burgeoning medical tourism industry, and a surge in health care expenditures.
The market for body fat reduction is set for swift expansion in the impending years. It is anticipated to reach $21.16 billion by 2029, with a compound annual growth rate (CAGR) of 10.4%. Factors contributing to this growth during the predicted period include an increase in disposable income, evolving cultural norms and aesthetic values, a rise in the adoption of minimally invasive and non-invasive surgical procedures, and improved healthcare infrastructure. The forecast period will also see significant trends such as specific fat reduction techniques, AI integration, personalized treatments, amalgamated therapy methods, environmentally-conscious practices, and strategic alliances.
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What Are the Major Segments in the Body Fat Reduction Market?
The body fat reduction market covered in this report is segmented -
1) By Procedure: Surgical, Liposuction, Abdominoplasty, Non-Surgical, Cryolipolysis, Ultrasound
2) By Gender: Male, Female
3) By Service Provider: Medical Spas, Hospitals, Clinics
Subsegments:
1) By Surgical: Liposuction, Abdominoplasty (Tummy Tuck), Body Lift Surgery
2) By Non-Surgical: Cryolipolysis (CoolSculpting), Ultrasound-Assisted Lipolysis, Radiofrequency Lipolysis, Laser Lipolysis
3) By Other Procedures: Injection Lipolysis (Kybella), Endoscopic Weight Loss Surgery, Gastric Balloon Insertion
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What Are The Driving Body Fat Reduction Market Evolution?
Projected increases in obesity are anticipated to drive the expansion of the body fat reduction market in the future. Obesity, a chronic health issue typified by excessive body fat accumulation, can detrimentally affect health. The accessibility of foods high in sugar, fat, and calories, coupled with sedentary lives and reduced physical exertion, can lead to increased obesity. Body fat reduction can benefit individuals suffering from obesity; it can mitigate disease risks, promote mobility, elevate mental health, augment energy, and boost metabolism. As an illustration, the World Heart Foundation, a global non-government cardiovascular community based in Switzerland, reported in March 2023 that approximately 2.3 billion adults and kids worldwide are overweight or obese. Given the current trend in obesity, it is projected that by 2025 the global obesity count will touch 2.7 billion. Consequently, rising alarm over obesity is fueling growth in the body fat reduction market.
Which Firms Dominate The Body Fat Reduction Market Segments?
Major companies operating in the body fat reduction market include AbbVie Inc., Apollo Hospitals Enterprise Limited, Cutera Inc., Cynosure LLC, Vlcc Health Care Limited, Solta Medical International Inc., Lumenis Ltd., Sciton Inc., Sisram Medical Ltd., Elite Body Sculpture, Fosun Pharmaceuticals Co. Ltd., VIDA Wellness and Beauty, JK Plastic Surgery Center, Candela Medical Corporation, Erchonia Corporation, InMode Ltd., Ideal Image, Sono Bello, SculpSure, Body Contour Centers, LaserAway, LipoLaser of West Chester Inc., Advanced Body Sculpting of New England, Zerona, UltraShape
What Trends Are Expected to Dominate the Body Fat Reduction Market in the Next 5 Years?
Significant players in the global body fat reduction market are prioritizing tech advancements like AI pulse control technology to boost the accuracy of treatments, better the customer experience, and refine fat reduction results via personalized and adaptive treatment plans. AI pulse control technology involves using artificial intelligence to finely adjust and enhance therapeutic pulses delivery in body fat reduction procedures, heightening effectiveness and comfort for patients. For example, BTL Aesthetics, a US company that manufactures aesthetic equipment, introduced EXION in January 2024. This tool merges radiofrequency and targeted ultrasound to increase hyaluronic acid manufacturing in the skin, enhancing hydration and elasticity without resorting to needles. EXION has been tailored for facial areas such as the lips, the area around the eyes, forehead, and neck.
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Which Is The Largest Region In The Body Fat Reduction Market?
North America was the largest region in the body fat reduction market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the body fat reduction market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Body Fat Reduction Market?
2. What is the CAGR expected in the Body Fat Reduction Market?
3. What Are the Key Innovations Transforming the Body Fat Reduction Industry?
4. Which Region Is Leading the Body Fat Reduction Market?
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