Non-Invasive Fat Reduction Market Size
| Study Period | 2021 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 10.50 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Non-Invasive Fat Reduction Market Analysis
The non-invasive fat reduction market is expected to register a CAGR of 10.5% over the forecast period.
The COVID-19 outbreak negatively impacted the non-invasive fat reduction market due to a halt in nonelective procedures during the pandemic. The market's growth was also impacted due to the disruption in the supply chain during lockdowns and a delay in the delivery of essential products required for the development of non-invasive fat reduction technology. However, after the easing of lockdown restrictions, there has been a surge of patients adopting aesthetic procedures. For instance, according to the International Society of Plastic Surgery (ISAPS) 2021 report, the number of non-surgical fat reduction procedures conducted globally was 560,464 in 2020, indicating a 21.1% increase compared to the previous year. Though the market was severely impacted during the initial phases of the pandemic, it started to recover after the easing of government regulations, growing at a normal pace.
The increasing adoption of non-invasive fat reduction procedures, growing prevalence of obesity, rising demand for minimally invasive procedures, and growing awareness of health risks are the major factors driving the market's growth. The increasing prevalence of obesity is one of the major factors propelling market growth. For instance, according to the World Obesity Federation 2022, about 1 billion people globally, including 1 in 5 women and 1 in 7 men, will be living with obesity by 2030. This figure indicates that there is a high burden of obesity in the world, which is likely to augment the growth of the market over the forecast period. The combination of non-invasive fat reduction treatment using high-focus ultrasound (HIFU), endermology, mesotherapy, and laser reduces resistant fat that does not respond to current treatment modalities of diet, exercise, and pharmacotherapy, as well as reduces body fat percentage. Thus, non-invasive fat reduction procedures are considered one of the effective treatments for obesity. Therefore, increasing cases of obesity are anticipated to boost the market over the forecast period.
The increasing number of initiatives from key market players for the launch of innovative cool sculpting devices may also propel the market over the forecast period. For instance, in January 2022, INDIBA launched ReBorn, a new and revolutionary fat loss device in the Spanish market. With its unique power LED technology, ReBorn can target fat cells while leaving surrounding tissue unaffected. It destroys adipocytes while leaving the skin unharmed. It also uses a proprietary cooling system to make treatments for patients much safer and more comfortable. In January 2021, Allergan Aesthetics, an AbbVie company, launched CoolSculpting Elite, a fat reduction system with applicators designed to complement the body's natural curves. CoolSculpting Elite is an FDA-approved device to treat visible fat bulges in different areas of the body. Hence, innovative product launches are expected to bolster the market's growth, along with the rising adoption of new devices in performing aesthetic procedures.
However, high treatment costs and side effects of laser are likely to hinder the market's growth over the forecast period.
Non-Invasive Fat Reduction Market Trends
This section covers the major market trends shaping the Non Invasive Fat Reduction Market according to our research experts:
Ultrasound Fat Removal Technology Segment is Expected to Witness Significant Growth During the Forecast Period
Ultrasound fat removal or ultrasonic liposuction is a type of fat loss procedure that liquefies fat cells before their removal. It is done by combining an ultrasound with ultrasonic waves to target fat cells. Ultrasound-assisted liposuction is considered to be more precise and much safer as it preserves surrounding nerves.
The significance of ultrasound technology in non-invasive fat reduction is expected to boost the segment's growth over the forecast period. For instance, according to a study published in PLOS One in April 2021, aerobic exercise in combination with focused ultrasound cavitation is more effective in redcuing abdominal and intrahepatic fat, making it a superior option. Therefore, the importance of ultrasound technology in fat reduction to treat diseases such as non-alcoholic fatty liver disease is expected to drive the segment's growth.
Increasing adoption of minimally invasive procedures is one of the major factors that may propel the segment's growth over the forecast period. Key market players are launching a number of ultrasound fat removal devices, thus driving the segment's growth. For instance, in April 2021, Alma launched Alma PrimeX for non-invasive fat removal procedures. PrimeX is Alma's proprietary combination of ultrasound and radiofrequency technology selectively affecting adipose tissue and reducing fat thickness.
North America is Expected to Hold a Significant Share in the Market During the Forecast Period
The North American market is growing due to factors such as the rising cases of obesity and the increasing adoption of minimally invasive procedures. For instance, according to the American Society of Plastic Surgeons (ASPS) 2022 report, non-invasive fat reduction surgery stood third among the top 5 minimally invasive surgeries in the United States during 2021-2022. In addition, according to the Aesthetic Plastic Surgery National Databank Statistics 2021, 22,513 non-invasive fat reduction surgeries were performed in the United States. Therefore, such a huge demand for non-invasive fat reduction surgeries in the United States is expected to bolster the market during the forecast period.
According to the World Obesity Federation report published in March 2022, the estimated prevalence of obesity in the United States is likely to be 47% by 2030, with 64 million women and 61 million men in the United States likely to be obese by 2030. Thus, the huge prevalence of obesity in the country is one of the key contributors to the market's growth.
Key product launches, high concentration of market players or manufacturers, and acquisitions and partnerships among major players in the United States are some of the factors driving the growth of the non-invasive fat reduction market in the country. For instance, in September 2022, MedSpa Partners expanded to a third US state by partnering with Bodify. Bodify is solely focused on non-invasive body contouring and is known worldwide as a center of excellence for body contouring with CoolSculpting procedures. Such company developments are anticipated to drive the growth of the market in the United States and North America.
Non-Invasive Fat Reduction Industry Overview
The non-invasive fat reduction market is moderately competitive in nature, with several companies operating globally and regionally. The competition in the market is due to the rising initiatives from key market players, the increasing adoption of technologically advanced products, and growing partnerships among market players. Some of the players operating in the market include Cutera Inc., Zeltiq Aesthetics Inc., Bausch Health Companies, Venus Concept, Alma Lasers, and Candela Corporation.
Non-Invasive Fat Reduction Market Leaders
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Cutera Inc
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Bausch Health Companies
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Candela Corporation
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Alma Lasers
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Cynosure Inc.
*Disclaimer: Major Players sorted in no particular order
Non-Invasive Fat Reduction Market News
- In August 2022, AirSculpt Technologies Inc. launched cellulite removal with AirSculpt Smooth, a single, FDA-cleared, minimally invasive, one-time procedure, performed in conjunction with a standard AirSculpt procedure.
- In April 2022, CUTERA INC. and Synchrony, a consumer payment and financing solutions provider, exclusive partnered to expand patient financing options to dermatology practices across the United States.
Non-Invasive Fat Reduction Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
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4.2 Market Drivers
- 4.2.1 Increasing Prevalence of Obesity
- 4.2.2 Rising Demand for Minimally Invasive Procedures
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4.3 Market Restraints
- 4.3.1 High Treatment Costs
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4.4 Porter's Five Forces Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Buyers/Consumers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION (Market Size by Value - USD million)
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5.1 By Technology
- 5.1.1 Ultrasound
- 5.1.2 Cryolipolysis
- 5.1.3 Low-level Lasers
- 5.1.4 Other Technologies
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5.2 By End User
- 5.2.1 Hospitals
- 5.2.2 Dermatology Clinics and Cosmetic Centers
- 5.2.3 Other End Users
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5.3 By Geography
- 5.3.1 North America
- 5.3.1.1 United States
- 5.3.1.2 Canada
- 5.3.1.3 Mexico
- 5.3.2 Europe
- 5.3.2.1 Germany
- 5.3.2.2 United Kingdom
- 5.3.2.3 France
- 5.3.2.4 Italy
- 5.3.2.5 Spain
- 5.3.2.6 Rest of Europe
- 5.3.3 Asia-Pacific
- 5.3.3.1 China
- 5.3.3.2 Japan
- 5.3.3.3 India
- 5.3.3.4 Australia
- 5.3.3.5 South Korea
- 5.3.3.6 Rest of Asia-Pacific
- 5.3.4 Middle East and Africa
- 5.3.4.1 GCC
- 5.3.4.2 South Africa
- 5.3.4.3 Rest of Middle East and Africa
- 5.3.5 South America
- 5.3.5.1 Brazil
- 5.3.5.2 Argentina
- 5.3.5.3 Rest of South America
6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
- 6.1.1 Cutera Inc.
- 6.1.2 AbbVie Inc. (Allergan Aesthetics)
- 6.1.3 Bausch Health Companies
- 6.1.4 Venus Concept
- 6.1.5 Alma Lasers
- 6.1.6 Cynosure Inc.
- 6.1.7 Candela Corporation
- 6.1.8 Lumenis Ltd
- 6.1.9 Fotona
- 6.1.10 Sciton Inc.
- 6.1.11 Solta Medical
- 6.1.12 Lynton Lasers Ltd
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityNon-Invasive Fat Reduction Industry Segmentation
As per the scope of this report, non-invasive fat reduction includes minimally invasive treatments that selectively break down fat cells in specific areas to reduce the size of subcutaneous fat pockets. It includes laser therapy, ultrasound, or cold (cryoablation) to reduce fat, sometimes in combination with injections.
The non-invasive fat reduction market is segmented by technology (ultrasound, cryolipolysis, low-level lasers, and other technologies), end user (hospitals, dermatology clinics, cosmetic centers, and other end users), and geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 countries across major regions, globally. The report offers the value (in USD million) for the above segments.
| By Technology | Ultrasound | |
| Cryolipolysis | ||
| Low-level Lasers | ||
| Other Technologies | ||
| By End User | Hospitals | |
| Dermatology Clinics and Cosmetic Centers | ||
| Other End Users | ||
| By Geography | North America | United States |
| Canada | ||
| Mexico | ||
| By Geography | Europe | Germany |
| United Kingdom | ||
| France | ||
| Italy | ||
| Spain | ||
| Rest of Europe | ||
| By Geography | Asia-Pacific | China |
| Japan | ||
| India | ||
| Australia | ||
| South Korea | ||
| Rest of Asia-Pacific | ||
| By Geography | Middle East and Africa | GCC |
| South Africa | ||
| Rest of Middle East and Africa | ||
| By Geography | South America | Brazil |
| Argentina | ||
| Rest of South America |
Non-Invasive Fat Reduction Market Research FAQs
What is the current Non-Invasive Fat Reduction Market size?
The Non-Invasive Fat Reduction Market is projected to register a CAGR of 10.5% during the forecast period (2024-2029)
Who are the key players in Non-Invasive Fat Reduction Market?
Cutera Inc, Bausch Health Companies, Candela Corporation, Alma Lasers and Cynosure Inc. are the major companies operating in the Non-Invasive Fat Reduction Market.
Which is the fastest growing region in Non-Invasive Fat Reduction Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Non-Invasive Fat Reduction Market?
In 2024, the North America accounts for the largest market share in Non-Invasive Fat Reduction Market.
What years does this Non-Invasive Fat Reduction Market cover?
The report covers the Non-Invasive Fat Reduction Market historical market size for years: 2021, 2022 and 2023. The report also forecasts the Non-Invasive Fat Reduction Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Non Invasive Fat Removal Industry Report
Statistics for the 2024 Non Invasive Fat Removal market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Non Invasive Fat Removal analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
