Submental Fat Treatment Market
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Submental fat treatment market size was valued at around USD 4 billion in 2023 and is estimated to grow at 11.7% CAGR from 2024 to 2032. Submental fat treatment also known as submental fat reduction or double chin treatment, refers to procedures aimed at reducing excess fat beneath the chin area.
This area known as the submental region, can accumulate fat due to factors such as genetics, aging, or weight gain, resulting in the appearance of a double chin. Submental fat treatment typically involves non-invasive or minimally invasive techniques designed to target and eliminate fat cells in this area, leading to a more contoured and defined jawline.
The increasing prevalence of obesity as a substantial impetus for market growth. For instance, in 2022, the World Health Organization (WHO) reported that 2.5 billion adults aged 18 and above were classified as overweight, globally. Among this population, 890 million individuals were identified as living with obesity. Thus, this underscores the pressing need for effective interventions and solutions to address the global obesity. Furthermore, increasing awareness about dermatological procedures, rising demand for aesthetic procedures, advancements in technology are the promoting factors fostering the growth of the market.
Report Attribute | Details |
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Base Year: | 2023 |
Submental Fat Treatment Market Size in 2023: | USD 4 Billion |
Forecast Period: | 2024 – 2032 |
Forecast Period 2023 - 2032 CAGR: | 11.7 |
2023 Value Projection: | USD 10.5 Billion |
Historical Data for: | 2021 – 2023 |
No of Pages: | 110 |
Tables, Charts & Figures: | 220 |
Segments Covered: | Treatment Type, Product, End-use, and Region |
Growth Drivers: |
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Pitfalls Challenges: |
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Technological advancements in submental fat treatment have led to the development of innovative cosmetic implants, offering patients an additional option for enhancing facial contours and addressing stubborn fat beneath the chin. These advancements have significantly expanded the range of available treatments, improving safety, efficacy, and overall patient satisfaction.
Based on treatment type, the market is divided into surgical treatments, minimally invasive treatments , and non-invasive treatments. The non-invasive treatments segment of the market is forecasted to reach USD 4.1 billion by 2032, showcasing robust growth propelled by several key factors.
Based on product, the submental fat treatment market is bifurcated surgical rejuvenation, targeted liposuction, laser ablation, and other products. The laser ablation segment accounted for USD 1 billion in 2023.
Based on end-use, the submental fat treatment market is bifurcated into hospitals, dermatology clinics, medical spa, and other end-users. The hospitals segment accounted for USD 402.7 million in 2023.
The submental fat treatment market in U.S. accounted for a significant revenue of USD 798.6 million in 2023, and this trajectory is set to continue upwards.
The market in Germany is expected to experience significant and promising growth from 2024 to 2032.
Japan submental fat treatment market is anticipated to witness lucrative growth between 2024 – 2032.
The submental fat treatment market in Saudi Arabia is expected to experience significant and promising growth from 2024 to 2032.
The submental fat treatment industry is competitive in nature, with several large multinationals and small and mid-sized companies competing in the industry. Overall, competition in the market is driven by factors such as product efficacy, safety profile, patient preference for non-invasive options, pricing, and marketing strategies. As demand for cosmetic procedures continues to rise, particularly with an increasing focus on facial aesthetics, companies are continually innovating to capture market share and meet the evolving needs of consumers.
Some of the eminent market participants operating in the submental fat treatment industry include:
Market, By Treatment Type
Market, By Product
Market, By End-use
The above information is provided for the following regions and countries:
Apax Partners, Hahn & Company, Huadong Medicine Co., Ltd., Merz Pharma, Sciton, Inc., SharpLight Technologies Inc., Sisram Medical Ltd, TRIA BEAUTY, Venus Concept Inc., and Vitruvian Partners LLP, are some of the major submental fat treatment companies worldwide.
The U.S. submental fat treatment industry reached USD 798.6 million in 2023 and is expected to register a commendable CAGR from 2024-2032 due to the presence of state-of-the-art equipment, laser devices, ultrasound technology, and other advanced technologies in the region.
Submental fat treatment industry from the non-invasive treatments segment reached USD 4.1 billion in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to providing little to no downtime, allowing patients to resume their daily activities immediately after treatment.
Submental fat treatment market size was USD 4 billion in 2023 and is expected to register 11.7% CAGR from 2024-2032 owing to the increasing prevalence of obesity, increasing awareness about dermatological procedures, and rising demand for aesthetic procedures worldwide.