Body Fat Reduction Procedures Market Analysis
The market by procedure is categorized into surgical, and non-surgical. The non-surgical is further segmented into cryolipolysis, ultrasound, laser lipolysis, injectable lipolysis, RF lipolysis, and other non-surgical procedures. Moreover, the segment garnered USD 6.1 billion revenue in 2023.
- This gains is attributed to the minimally invasive nature of non-surgical procedures, offering effective results without surgical incisions, and reducing associated risks and downtime. The appeal further lies in shorter recovery times, catering to individuals with busy lifestyles.
- Advances in technology have enhanced the safety and precision of non-surgical methods, contributing to increased confidence and adoption. Moreover, growing awareness, cost-effectiveness, and the ability to customize and combine procedures have collectively fueled the demand for non-surgical options, making them a preferred choice for a diverse consumer base seeking efficient and convenient solutions for body fat reduction.
Based on gender, the body fat reduction procedures market is segmented into female and male. The female segment accounted for over 90.4% market share in 2023.
- Increasing demand for various body fat reduction procedures among women will fuel the overall industry progression potential. Moreover, growing awareness about aesthetic procedures and high emphasis towards cosmetic surgeries in female population.
- For instance, according to the International Society of Aesthetic Plastic Surgery, in 2022, over 1,180,000 abdominoplasty procedures were performed on women across the globe. Higher obesity burden among female population as compared to male population is expected to witness lucrative expansion opportunities in the female segment.
The body fat reduction procedures market by service provider is categorized into plastic surgeons, dermatologists, medical spas and other service providers. The plastic surgeons segment accounted for around USD 4.3 billion revenue size in 2023.
- Underscoring the critical role and specialized expertise of plastic surgeons in meeting the rising demand for body contouring procedures. Renowned for their comprehensive training in cosmetic and reconstructive surgery, plastic surgeons offer a wide array of surgical and non-surgical interventions, catering to diverse patient needs.
- Patients place a high level of trust in plastic surgeons due to their specialized skills and experience, fostering a positive patient experience crucial in elective procedures.
- The segment's progression is also fueled by the positive reputation of plastic surgeons, leading to word-of-mouth referrals, and their active engagement in educational initiatives that contribute to increased awareness and demand for body fat reduction services.
North America body fat reduction procedures market accounted for USD 3.4 billion revenue in 2023.
- Increasing awareness regarding aesthetic treatments and high disposable income in the region will further propel the body fat reduction market volume in upcoming years. Furthermore, owing to strong presence of advanced sophisticated cosmetic facilities and several industry players in the region.
- Also, increased availability of plastic surgeons in the region is expected to contribute to overall industry growth. Furthermore, owing to strong presence of advanced sophisticated cosmetic facilities and several industry players in the region.