Market Size of Non-Invasive Fat Reduction Industry
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 |
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 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 | ||||||||
| ||||||||
| ||||||||
| ||||||||
| ||||||||
|
Non-Invasive Fat Reduction Market Size Summary
The non-invasive fat reduction market is poised for significant growth, driven by increasing adoption of aesthetic procedures and a rising prevalence of obesity. The market experienced a temporary setback due to the COVID-19 pandemic, which halted non-elective procedures and disrupted supply chains. However, the easing of restrictions has led to a resurgence in demand for non-invasive fat reduction treatments. These procedures, which include high-focus ultrasound, endermology, mesotherapy, and laser treatments, are gaining popularity as effective solutions for reducing resistant fat and body fat percentage. The growing awareness of health risks associated with obesity is further propelling market expansion, as these treatments offer minimally invasive alternatives to traditional weight loss methods.
Innovations in technology and product offerings are also contributing to the market's growth. Key players are launching advanced devices, such as INDIBA's ReBorn and Allergan Aesthetics' CoolSculpting Elite, which enhance the efficacy and safety of fat reduction procedures. The North American market, in particular, is witnessing robust growth due to the high prevalence of obesity and the increasing acceptance of minimally invasive procedures. The competitive landscape is characterized by the presence of several global and regional players, with ongoing partnerships and technological advancements driving market dynamics. Despite challenges such as high treatment costs and potential side effects, the market is expected to continue its upward trajectory, supported by the growing demand for non-invasive fat reduction solutions.
Non-Invasive Fat Reduction Market Size - Table of Contents
-
1. MARKET DYNAMICS
-
1.1 Market Overview
-
1.2 Market Drivers
-
1.2.1 Increasing Prevalence of Obesity
-
1.2.2 Rising Demand for Minimally Invasive Procedures
-
-
1.3 Market Restraints
-
1.3.1 High Treatment Costs
-
-
1.4 Porter's Five Forces Analysis
-
1.4.1 Threat of New Entrants
-
1.4.2 Bargaining Power of Buyers/Consumers
-
1.4.3 Bargaining Power of Suppliers
-
1.4.4 Threat of Substitute Products
-
1.4.5 Intensity of Competitive Rivalry
-
-
-
2. MARKET SEGMENTATION (Market Size by Value - USD million)
-
2.1 By Technology
-
2.1.1 Ultrasound
-
2.1.2 Cryolipolysis
-
2.1.3 Low-level Lasers
-
2.1.4 Other Technologies
-
-
2.2 By End User
-
2.2.1 Hospitals
-
2.2.2 Dermatology Clinics and Cosmetic Centers
-
2.2.3 Other End Users
-
-
2.3 By Geography
-
2.3.1 North America
-
2.3.1.1 United States
-
2.3.1.2 Canada
-
2.3.1.3 Mexico
-
-
2.3.2 Europe
-
2.3.2.1 Germany
-
2.3.2.2 United Kingdom
-
2.3.2.3 France
-
2.3.2.4 Italy
-
2.3.2.5 Spain
-
2.3.2.6 Rest of Europe
-
-
2.3.3 Asia-Pacific
-
2.3.3.1 China
-
2.3.3.2 Japan
-
2.3.3.3 India
-
2.3.3.4 Australia
-
2.3.3.5 South Korea
-
2.3.3.6 Rest of Asia-Pacific
-
-
2.3.4 Middle East and Africa
-
2.3.4.1 GCC
-
2.3.4.2 South Africa
-
2.3.4.3 Rest of Middle East and Africa
-
-
2.3.5 South America
-
2.3.5.1 Brazil
-
2.3.5.2 Argentina
-
2.3.5.3 Rest of South America
-
-
-
Non-Invasive Fat Reduction Market Size 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.