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Submental Fat Treatment Market Size

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

Submental Fat Treatment Market Size

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.
 

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.

Submental Fat Treatment Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 220
  • Countries covered: 23
  • Pages: 110
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