BODY FAT REDUCTION MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Global body fat reduction market growth is driven by increasing prevalence of obesity across both developed and developing countries. Body mass index (BMI) and excess abdominal fat are strongly correlated with various health risks such as cardiovascular diseases, diabetes, cancers and others. As consumers become more aware about maintaining a healthy lifestyle and body weight, there will be huge demand for various body fat reduction treatments and procedures. Furthermore, rising geriatric population worldwide who are more prone to weight gain, if physical activity is not maintained, can also drive the market growth. However, factors such as high cost of treatments and risks/complications associated with certain body fat reduction techniques can hamper the market growth.

Market Dynamics:

Global body fat reduction market growth is driven by factors like rising obese and overweight population worldwide, increasing consumer awareness about health risks of excessive body weight, growing geriatric population prone to weight gain, rising adoption of sedentary lifestyle in urban areas, and increasing marketing & promotional activities by key players. However, high cost of invasive procedures and non-invasive devices, risks/complications associated with certain body fat reduction techniques, lack of reimbursement for aesthetic procedures in many countries, and preference for alternate treatment options can hamper the market growth. The market players have significant opportunities in the emerging economies owing to their large untapped population. Ongoing R&D for development of new products with improved safety profile and minimal side effects can offer opportunities for the market players.

Key features of the study:

- This report provides in-depth analysis of the global body fat reduction market, and provides market size (USD Billion) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year

- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

- It profiles key players in the global body fat reduction market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies

- Key companies covered as a part of this study include Cynosure, Syneron Medical, Lumenis, Alma Lasers, Sciton Inc, Cutera Inc., Valeant Pharmaceutical International, Allergan, Syneron Medical, and Zeltiq Aesthetics.

- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

- Global body fat reduction market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global body fat reduction market

Detailed Segmentation-

• By Treatment Modality
• • Non-Invasive Treatments
  • Cryolipolysis
  • Radiofrequency
  • Laser-Assisted Lipolysis
  • Ultrasound
  • Other Non-Invasive Treatments
  • Minimally Invasive Treatments
  • Injection Lipolysis
  • Radiofrequency-Assisted Liposuction
  • Surgical Treatments
  • Traditional Liposuction
  • Abdominoplasty
• By Target Body Area
• • Abdomen
  • Thighs
  • Hips and Buttocks
  • Arms
  • Multiple Body Areas
• By End User
• • Dermatology Clinics
  • Plastic Surgery Clinics
  • Hospitals and Ambulatory Surgical Centers
  • Medical Spas and Beauty Clinics
• Region
• • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Key Players Insights
• • Allergan Plc
  • Alma Lasers
  • Apyx Medical Corporation
  • Asclepion Laser Technologies GmbH
  • Bausch Health Companies Inc.
  • BTL Industries
  • Cutera, Inc.
  • Cynosure
  • EndyMed Medical Ltd
  • Fotona
  • InMode Ltd.
  • Lumenis
  • Sciton, Inc.
  • Sientra, Inc.
  • Syneron Medical Ltd.