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Body Fat Reduction Procedures Market Size

Report ID: GMI7947
Published Date: Jan 2024
Report Format: PDF

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Body Fat Reduction Procedures Market Size

Body Fat Reduction Procedures Market size was valued at around USD 10.2 billion in 2023 and is poised to register about 9.3% CAGR between 2024 and 2032. Body fat reduction refers to decrease in unwanted excessive body mass owing to loss of body fat adipose tissue, tendons, loss of body fluid, muscle, and other connective tissues.

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Growing prevalence rate of obesity across the globe will accelerate the demand for body fat reduction procedures. High adoption of sedentary lifestyle such as high intake of junk food, alcohol consumption, physical inactivity in developed and developing nations is expected to increase number of obese people.

As per the World Health Organization (WHO), the worldwide incidence of obesity is alarming in 2022, affecting more than 1 billion individuals, comprising 650 million adults, 340 million adolescents, and 39 million children. This troubling statistic is witnessing an upward trend, and the WHO predicts that by 2025, approximately 167 million individuals, encompassing both adults and children, will face deteriorating health conditions associated with being overweight or obese.

Body Fat Reduction Procedures Market Report Attributes
Report Attribute	Details
Base Year:	2023
Body Fat Reduction Procedures Market Size in 2023:	USD 10.2 Billion
Forecast Period:	2024 to 2032
Forecast Period 2024 to 2032 CAGR:	9.3%
2032 Value Projection:	USD 21.9 Billion
Historical Data for:	2018 to 2023
No. of Pages:	197
Tables, Charts & Figures:	404
Segments covered:	Procedure, Gender, Service Provider, and Region
Growth Drivers:	Increasing prevalence of obesity globally Rising customer preference for non-invasive procedures Growing focus on aesthetics in North America and Latin America Technological advancements and new product development for fat reduction Increasing number of facilities offering body contouring services
Pitfalls & Challenges:	Risk of postoperative complications High cost of surgical procedures

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Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Body fat reduction procedures industry size reached USD 10.2 billion in 2023 and is set to be worth more than USD 21.9 billion by 2032 driven by the growing prevalence rate of obesity across the globe.

Non-surgical market garnered USD 6.1 billion in revenue in 2023 and is estimated to record substantial growth by the end of 2032 attributed to the rising need to offer effective results without surgical incisions and reducing associated risks and downtime.

North America body fat reduction procedures industry size was worth USD 3.4 billion in 2023 and is projected to exhibit robust growth through 2032 owing to the growing awareness regarding aesthetic treatments and high disposable income in the region.

Some of the major body fat reduction procedure companies are Elite Body Sculpture, Amirlak Plastic Surgery, Apollo Cosmetic Clinics, JK Plastic Surgery Center, The Piazza Center for Plastic Surgery & Advanced Skin Care, The Plastic Surgery Clinic, Transform Cosmetic Surgery, The University of Texas Southwestern Medical Center, VIDA Wellness & Beauty, VLCC Wellness, and Waldman Schantz Plastic Surgery Center.