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Body Fat Reduction Market Size is Expected to Reach Value $15.33 Billion by 2030 | CAGR: 7.8% by Polaris Market Research

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The worldwide body fat reduction market size is anticipated to achieve USD 15.33 billion by 2030 in keeping with a recent study by Polaris Market Research.

The foremost propelling aspects are that the growing obese population pool will positively influence the market growth. The rise in consumption of high-carbohydrate foods coupled with a sedentary lifestyle is expanding obesity cases across the globe. Thus, the give attention to body contouring treatment can also be rising with increasing disease pervasiveness. As well as, with aging, the skin is more liable to sagging and aging effects. This can widen the acceptance of such procedures amongst elderly populations in developed countries, influencing the demand worldwide.

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Based on gender, the feminine segment is dominating the worldwide body fat reduction industry with the most important revenue shares. That is as a result of the demand for such techniques amongst married Asian women being comparatively higher than men and increasing robustly. Further, obesity is more common in females than males, showing higher penetration of the product within the concerned population. Minimally invasive procedures coupled with the large interest of world and native industry players to diminish the invasiveness of such procedures, akin to Cryolipolysis, ultrasound, and radiofrequency laser lipolysis, is prone to drive the demand.

As an illustration, Cutera, Inc. has received approval from the Canadian health authority for its truSculptiD system, a non-invasive fat reduction product. Moreover, non-surgical devices also support long-term fat cell destruction coupled with quick outcomes in a shorter duration. Subsequently, the growing technological developments by key players to enhance aesthetic appeal amongst people will spur market growth.

Market participants akin to VLCC Wellness, Apollo Hospitals, Cutera Inc., Bausch Health Corporations Inc. (Solta Medical International Inc.), Elsevier Inc., AbbVie Inc., Cynosure, LLC, Elite Body Sculpture, Lumenis, Ltd., Sciton, Inc., Sisram Medical Ltd (Alma Lasers Ltd.), and Candela Medical are a number of the key players operating in the worldwide market.

These corporations are stimulating their service portfolio and accompanying healthcare settings to strengthen their customer base. As an illustration, In October 2020, Elite Body Sculpture’s Progressive Method, AirSculpt(R), used precision technology to remove unwanted fat using non-invasive technology and reduce procedure downtime for higher patient engagement.

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Polaris Market Research has segmented the body fat reduction market report on the idea of procedure, gender, end-use, and region:

Body Fat Reduction, Procedure Outlook (Revenue – USD Billion, 2018 – 2030)

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

Body Fat Reduction, Gender Outlook (Revenue – USD Billion, 2018 – 2030)

Body Fat Reduction, End-Use Outlook (Revenue – USD Billion, 2018 – 2030)

  • Hospitals & Clinics
  • Medical Spas
  • Others

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