Body Fat Reduction Market Growth Drivers, Regional Trends, And Competitive Landscape Forecast To 2026

Latest trends in the body fat reduction market are driven by the increasing number of research initiatives by various regulatory as well as industry organizations. A similar study conducted by researchers at Harvard University deployed the CRISPR gene-editing technology for the conversion of white fat cells into energy-burning brown fat.

The U.S. body fat reduction market accounted for an appreciable share of over 80 per cent in the North America market in 2019. The presence of manufacturers of advanced devices and several cosmetic facilities for the reduction of the body fat percentage is expected to positively influence industry outlook over the estimated span.

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Meanwhile, the surgical body fat reduction segment registered over 85% share in terms of revenue in 2019. As per a American Society for Aesthetic Plastic Surgery (ASPS) report, in 2017, more than 250,000 liposuction procedures were performed in the U.S. Also, considerable demand for tummy tuckers surgeries was noticed over the same year.

The demand for such procedures is extensively high among female population. In 2019, the body fat reduction market specific to female patients was accounted for over USD 8 billion in revenue. Increasing emphasis on looking better and avoiding health problems associated with being overweight and obese will accelerate the adoption of such procedures by women. According to the World Health Organization, in 2016, about 40% female adults were overweight, with approximately 15% obese females. Higher awareness rate among women and the preference for fat reduction will help the market register considerable momentum until 2026.

An increase in the number of cosmetic clinics equipped with a variety of body fat reduction machines is likely to augment cosmetic clinics segment share over the ensuing years. The cosmetic clinics segment held a remarkable revenue of about 25 per cent in 2019 and is estimated to witness substantial growth through 2026.

This growth is chiefly attributed to the escalating focus of the young adult population on fitness and body appearance. Looking at these trends, industry players are growing their presence using several strategies like collaborations and expanding of their service portfolio. Key players in the global body fat reduction market comprise VLCC Clinic, University of Texas Southwestern Medical Centre, Apollo Cosmetic Clinics, Transform Hospital Group, and others.

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Partial Chapter of the Table of Content

Chapter 5   Body Fat Reduction Market, By Gender

5.1    Key segment trends

5.2    Female

5.2.1    Market size, by region, 2015 – 2026 (USD Million)

5.3    Male

5.3.1    Market size, by region, 2015 – 2026 (USD Million)

Chapter 6   Body Fat Reduction Market, By Service Provider

6.1    Key segment trends

6.2    Hospitals

6.2.1    Market size, by region, 2015 – 2026 (USD Million)

6.3    Clinics

6.3.1    Market size, by region, 2015 – 2026 (USD Million)

6.4    Medical Spas

6.4.1    Market size, by region, 2015 – 2026 (USD Million)

6.5    Others

6.5.1    Market size, by region, 2015 – 2026 (USD Million)

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