Body Fat Reduction Market Size & Share, by Procedure (Surgical, Non-surgical); Gender; Service Provider - Global Supply & Demand Analysis, Growth Forecasts, Statistical Report 2025-2037

  • Report ID: 6739
  • Published Date: Nov 26, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2025-2037

Body Fat Reduction Market size was USD 11.7 billion in 2024 and is estimated to reach USD 39.7 billion by the end of 2037, expanding at a CAGR of 9.9% during the forecast period, i.e., 2025-2037. In 2025, the industry size of body fat reduction is estimated at USD 12.8 billion.

Obesity has emerged as a serious healthcare issue and a potential cause of multiple diseases and disorders. For instance, according to the World Health Organization (WHO) report, in 2022, around 2.5 billion adults were overweight and 890.0 million out of these were living with obesity-related ailments. The study also estimates that improper diet and inadequate physical activities are set to double the prevalence rate in the coming years. Thus, a rise in obesity rates will boost the sales of body fat reduction technologies in the coming years.

Considering this a serious health challenge, many medical research organizations and companies are investing in R&D activities for accreted government approvals and introducing safe solutions to reduce body fat. For instance, in May 2023, Apyx Medical Corporation received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for Medical’s Renuvion. This new APR Handpiece is estimated to be effective for the coagulation of soft tissues following liposuction. Furthermore, in July 2024, scientists from the University of California San Fransisco (UCSF) revealed that altering a protein in white fat cells can lead to the development of a new class of weight loss drugs.

Leading companies are employing various strategies including new product launches and acquisitions to maximize their revenue shares. For instance, in October 2024, AbbVie Inc. revealed its financial results for the third quarter ended September FY 24. The global net revenue reached USD 14.46 billion with an increase of 3.8% and 4.9%, on reported bases and operational basis, respectively. Whereas, the worldwide net revenue of the aesthetics portfolio is valued at USD 1.23 billion with a 1.8% rise on an operational basis. These statistics highlight that the company is earning positive shares from its aesthetic portfolio, contributing to the overall body fat reduction market growth.


Body Fat Reduction Market Overview
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Body Fat Reduction Sector: Growth Drivers and Challenges

Growth Drivers

  • Rise in aesthetic surgeries: The rising approach of individuals to look good, leading to the increasing adoption of fat reduction treatments is generating lucrative opportunities for body fat reduction market players. For instance, in September 2023, the International Society of Aesthetic Plastic Surgery (ISAPS) revealed the results of its global survey on Aesthetic/Cosmetic Procedures. According to the study, a significant rise of 41.3% was observed in aesthetic surgeries in the past 4 years. Over 14.9 million surgical and 18.8 million non-surgical operations were done worldwide.

    Furthermore, the survey also revealed that in 2022 and 2021, over 2.3 million liposuction surgeries were performed, globally. The U.S. (22.0%) and Brazil (8.9%) account for the dominant global share. These statistics underscore that the rising adoption of aesthetic surgeries is set to fuel the sales of body fat reduction devices.
  • Technological advancements: Continuous innovations in fat reduction technologies such as laser, cryolipolysis, and ultrasound to make surgeries more safe, effective, and less painful are augmenting the market growth. These treatments are more refined and precise, and their increasing awareness worldwide is driving the attention of patients seeking plastic surgeries, contributing to the high sales of body fat reduction solutions.

    Artificial intelligence (AI) customization, 3D mapping, and smart device integration are some of the latest trends anticipated to uplift the revenue shares of the industry giants. For instance, Ulvera AI is an Israel-based start-up, with innovative non-invasive body contouring technologies. The company offers ultrasound-guided personalized AI-based fat reduction skin tightening, and muscle stimulation treatments that enable quick and effective results. Thus, the emergence of start-ups with advanced technologies is highlighting the presence of opportunistic market space.

Challenges

  • High treatment costs: Body fat reduction surgeries such as liposuctions or non-invasive procedures such as CoolSculpting and laser are often expensive. The high upfront costs make these advanced treatments inaccessible to patients with low incomes, hampering the body fat reduction market growth to some extent. Most cosmetic surgeries are not covered by insurance, which also deters many potential patients from opting for them, particularly in regions with low disposable incomes.
  • Side effects: Adverse effects associated with surgical and non-invasive treatments such as uneven fat removal, infections, loosening of skin, or post-treatment complications discourage individuals from opting for these treatments. Many fat reduction surgeries offer short-term results and if proper care is not taken, the chance of doubling the fat cells is high. Such ill effects associated with these treatments can hinder the sales of body fat reduction technologies to some extent.

Body Fat Reduction Market: Key Insights

Base Year

2024

Forecast Year

2025-2037

CAGR

9.9%

Base Year Market Size (2024)

USD 11.7 billion

Forecast Year Market Size (2037)

USD 39.7 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Body Fat Reduction Segmentation

Procedure (Surgical, Non-surgical)

Surgical segment is set to account for more than 86.1% body fat reduction market share by the end of 2037. Surgical techniques such as liposuction and abdominoplasty are more evolved compared to their non-invasive counterparts. The high success rates and cost-effectiveness in comparison to non-invasive surgeries are contributing to the segmental growth. For instance, according to the International Society of Aesthetic Plastic Surgery (ISAPS) study, liposuction is the most prevalent surgical procedure and accounts for a rise of 21.1% in 2023.

Considering this aspect, many body fat reduction technology manufacturers and research centers are concentrating on the development of innovative liposuction devices and techniques. For instance, in September 2024, Phoenix Liposuction Center revealed that Aqualipo procedure is an innovative body contouring technique that uses smartlipo and laser technologies in water-guided liposuction to remove fat effectively and gently. This advanced surgical procedure offers faster recovery time and less pain. Thus, continuous advancements in surgical procedures are foreseen to boost the overall body fat reduction market growth.

Service Providers (Hospitals, Clinics, Medical Spas, Others)

By 2037, hospital segment is anticipated to hold more than 32.5% body fat reduction market share. Hospitals are the most advanced healthcare facilities with the presence of skilled experts and next-gen technologies. The hospitals are often at the forefront of clinical trials and medical research related to fat reduction and aesthetic surgeries. This enables them to offer advanced procedures and participation in innovation, which appeals to patients seeking the latest and most reliable treatment from these advanced healthcare facilities.

Furthermore, many hospitals have integrated departments of plastic and reconstructive surgeries that specialize in body contouring, offering comprehensive care to patients seeking fat reduction and body reshaping. For instance, as per the analysis by the American Society of Plastic Surgeons, around 4,243,737 cosmetic and 578,599 reconstructive procedures were performed in hospitals, in 2022, respectively.

Our in-depth analysis of the body fat reduction market includes the following segments

 

Procedure

  • Surgical
  • Liposuction
  • Abdominoplasty
  • Non-surgical
  • Cryolipolysis
  • Ultrasound
  • Laser Lipolysis
  • Others

Gender

  • Female
  • Male

Service Providers

  • Hospitals
  • Clinics
  • Medical Spas
  • Others

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Body Fat Reduction Industry - Regional Scope

North America Market Forecast

North America body fat reduction market is estimated to hold revenue share of over 38.5% by the end of 2037. The strong presence of research centers, top medical universities, and advanced healthcare facilities is promoting the overall market growth. Body fat reduction surgeries are widely performed in the region due to factors such as the high trend to appear aesthetically good and the easy availability of next-gen technologies.

In the U.S., the aesthetic surgery rate is highly driven by all demographic groups. For instance, the American Society of Plastic Surgeons study revealed that in 2022, liposuction and tummy tuck surgeries were increased by 25% to 50%, respectively among GenX patients. Furthermore, baby boomers held around 31% of the less invasive treatment procedures, in 2022. Thus, the U.S. is one of the lucrative for body fat reduction market technology providers.

The increasing prevalence of obesity among both men and women is positively influencing body fat reduction market growth in Canada. For instance, as per the report by Statistique Canada, in 2022, the prevalence rate of obesity among men and women each accounted for 30%.  The strong presence of research centers, skilled surgeons, and advanced technologies is further supporting the overall market growth. 

Asia Pacific Market Statistics

The Asia Pacific body fat reduction market is projected to increase at the fastest pace during the forecast period. The increasing cases of obesity, growing awareness of plastic surgeries, and rising healthcare expenditures are augmenting the sales of advanced body fat reduction technologies in the region. Furthermore, social media influencers majorly contribute to the increasing cosmetic procedures.

In China, the advancements in cosmetic surgical technologies and rising plastic surgery rates are boosting the body fat reduction market growth. As per the Research Nester analysis, in 2023, around 70% of non-surgical medical aesthetic treatments were performed in China. The increasing consumer awareness and ability to spend on medical aesthetics are also fueling the sales of body fat reduction technologies.

India is emerging as a hub for medical tourism and the presence of advanced technologies, skilled experts, and cost-effectiveness are prime contributors to this. The increasing investments in healthcare infrastructure developments are set to positively influence the body fat reduction market growth in the coming years. For instance, the India Brand Equity Foundation revealed that the government is focusing on introducing a credit incentive program worth USD 6.8 billion to enhance the healthcare infrastructure. Such investments increase the adoption rates of advanced medical technologies including body fat reduction solutions.

Research Nester
Body Fat Reduction Market Share
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Companies Dominating the Body Fat Reduction Landscape

    Key players in the body fat reduction market are employing various strategies such as new product launches, strategic collaborations & partnerships, mergers & acquisitions, and regional expansions to maximize their revenue shares. They are forming strategic collaborations with research centers and universities to develop innovative body fat reduction technologies. Regional expansion strategies are aiding in tapping into high-potential marketplaces to cater to a wider consumer base.

    Several start-ups are also entering the body fat reduction market considering the aesthetic wellness trends. The new companies are investing heavily in research and development activities to develop innovative technologies. This strategy is set to aid them in earning high profits and standing out of the crowd.

    Some of the key players include:

    • Allergan Plc (AbbVie)
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Ulvera AI
    • Alma Lasers
    • Apyx Medical Corporation
    • Sientra, Inc.
    • Syneron Medical Ltd.
    • Asclepion Laser Technologies GmbH
    • Bausch Health Companies Inc.
    • InMode Ltd.
    • Lumenis
    • Sciton, Inc.
    • BTL Industries
    • Cutera, Inc.
    • Cynosure
    • EndyMed Medical Ltd
    • Fotona

In the News

  • In November 2024, Allergen now part of AbbVie announced November 20 as the 6th annual Botox Cosmetic Day. This announcement was made following its recent advancement in aesthetic technology Botox Cosmetic in adults.
  • In May 2024, Cartessa Aesthetics revealed the launch of PHYSIQ 360 the latest and most advanced PHYSIQ body device. This award-winning device selectively targets fat and stimulates muscles for even fat reduction.

Author Credits:  Radhika Pawar


  • Report ID: 6739
  • Published Date: Nov 26, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The global body fat reduction market will be valued at USD 12.8 billion in 2025.

Expanding at a CAGR of 9.9%, the global market is expected to increase from USD 11.7 billion in 2024 to USD 39.7 billion by 2037.

Some leading companies are Allergan Plc (AbbVie), Ulvera AI, Alma Lasers, Apyx Medical Corporation, and Sientra, Inc.

The surgical segment is estimated to capture a high 86.1% of the market share through 2037.

North America is expected to hold 38.5% of the global market share through 2037.
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