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Submental Fat Treatment Market Share

Report ID: GMI9381
Published Date: May 2024
Report Format: PDF

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Submental Fat Treatment Market Share

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.

Submental Fat Treatment Market Companies

Some of the eminent market participants operating in the submental fat treatment industry include:

Apax Partners
ALASTIN Skincare, Inc.
Boston Scientific Corporation
Bausch Health Companies Inc.
Cutera, Inc.
El.En. S.p.A.
Hahn & Company
Huadong Medicine Co., Ltd.
Merz Pharma
Sciton, Inc.
SharpLight Technologies Inc.
Sisram Medical Ltd
TRIA BEAUTY
Venus Concept Inc.
Vitruvian Partners LLP

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

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.

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.

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.

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.