The global non-invasive fat reduction market size was valued at USD 1.18 billion in 2021. It is projected to reach USD 4.90 billion by 2030, growing at a CAGR of 7.13% during the forecast period (2022–2030).
Non-invasive fat reduction is a medical procedure used to reduce body fat in places like the abdomen, love handles, and other problem areas. The non-invasive fat reduction procedure increases body fat's temperature, killing fat cells. Numerous modalities, such as ultrasound, radio frequency, infrared light, vacuum massage, injectable drugs, etc., are used in non-invasive reduction options. Methods for non-invasive fat reduction have been created and are becoming increasingly prevalent worldwide. Non-invasive procedures are becoming increasingly popular, and each technique has unique advantages and disadvantages. Numerous non-invasive techniques have been created due to the dangers, high costs, and extended downtime associated with surgical procedures for fat reduction.
The main factors contributing to the rising rates of obesity in both adults and children are inactive lifestyles, such as sitting for long periods, and unhealthy eating habits, such as overeating. As a result, the rising concern that young people are becoming overweight will increase the demand for body fat-reduction procedures, driving the market for non-invasive fat reduction. The WHO estimates that 13% of adults over 18 are obese, and 39% are overweight. According to the Global Aesthetic Survey, the United States of America was the country that had the most cosmetic procedures performed, followed by Brazil.
The Food and Drug Administration has approved several devices that employ these treatment methods in the United States. Non-invasive body contouring is currently the fastest-growing field of aesthetic medicine. Each technique varies in terms of its advantages and the severity of its disadvantages. Nevertheless, numerous non-invasive devices are both practical and safe.
In addition, the increase in healthcare expenditures and investments in the healthcare sector are anticipated to accelerate the growth of the global non-invasive fat reduction market. In the coming years, the increased emphasis on body aesthetics in developed nations will positively impact the growth of body fat reduction activities. The key growth factors of body fat reduction procedures in these nations are:
The above factors will significantly impact the market share of non-invasive fat reduction.
The high-fat reduction drug research and development cost and the lack of financial support pose a significant barrier to the market's growth. Additionally, more prolonged research and development efforts and clinical trials to evaluate pharmaceuticals increase overall costs. The risks and constraints posed by the high development costs of obesity medications could impede global market expansion. Non-invasive fat reduction technologies are gaining popularity due to the high cost of surgical procedures such as gastric bypass, adjustable gastric banding, gastric sleeve surgery, and intragastric balloon treatment.
Study Period | 2018-2030 | CAGR | 7.13% |
Historical Period | 2018-2020 | Forecast Period | 2022-2030 |
Base Year | 2021 | Base Year Market Size | USD 1.18 Billion |
Forecast Year | 2030 | Forecast Year Market Size | USD 4.90 Billion |
Largest Market | North America | Fastest Growing Market | Asia-Pacific |
The global non-invasive fat reduction market is segmented into four regions, namely North America, Europe, Asia-Pacific, and LAMEA.
North America led the non-invasive fat reduction market with the largest market share, which is anticipated to continue during the forecast period. The rising prevalence of obesity, the expansion of research and development in the area, the highest per capita disposable income, the rising uptake of new technology, and ongoing awareness campaigns contribute to the market growth. The demand for flawless appearance and self-assurance through physical characteristics in the critical occupation fields fuels the regional market's expansion. In the United States, the non-invasive fat reduction market is fueled by the development of convenient procedures and easy access to healthcare. The Asia-Pacific market is anticipated to experience the highest CAGR during the forecast period. This is due to the low cost of treatment, rising patient awareness, availability and benefits of body contouring treatments, rising demand for aesthetics, cultural adoption from western economies, and marketing strategies employed by the market's leading players.
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The global non-invasive fat reduction market is segmented into technology and end-users.
Based on technology, the market is divided into cryolipolysis, ultrasound, low-level lasers, and others.
The cryolipolysis segment is dominating the global non-invasive fat reduction market. It is anticipated to increase because it is more cost-effective, has widespread side effects, requires no downtime, and numerous campaigns have been launched to raise awareness about the benefits and safety of these devices. Low-level lasers are the other rapidly expanding technological segment, wherein lower laser light of 635–680 nm wavelengths is used to liquefy and permanently eliminate targeted fat cells.
Based on end-user, the market is categorized into hospitals, stand-alone practices, multispecialty clinics, and others.
The hospital sector holds the largest market share. This is primarily due to the fact that hospitals are well-equipped with the newest technology, fat-reduction tools, qualified practitioners, and the infrastructure needed to carry out such procedures. Furthermore, there is a sense of trust and reliability when the treatment is administered in a hospital setting. A hospital's accreditation is a crucial factor that positively influences patient preference for aesthetic procedures.
The segment of multispecialty clinics is also expected to experience significant growth over the forecast period, as these clinics meet all of the patient's needs in one convenient location, with various available procedures and skilled practitioners. The market is anticipated to have a very high demand in the coming years and to exhibit a high growth rate, resulting in increased market size and revenue.
COVID-19 has positive and negative market consequences, as carbon emissions have decreased globally due to the lockout. COVID-19's reduction in emissions is a short-term benefit. Still, when industries and enterprises attempt to recoup some of their financial losses in the first quarter of the year, carbon emissions will rise dramatically. COVID-19 had a negative impact on global recycling efforts. Countries, notably the United States, have halted or decreased recycling programs to focus on collecting additional domestic waste or because services have been disrupted by the virus.
Also, with industries slowly returning to normalcy following the COVID-19 outbreak, this shift in workplace health and safety is expected to increase due to mandatory social distancing and continuous personal care through sanitization to eliminate even the tiniest possibility of COVID-19 spread. COVID-19 has impacted various companies' revenues, and if the lockdown is lifted, companies will turn their attention to operations to make up for their losses.