Body Fat Reduction Market size is expected to grow at a CAGR of 7.21% during the forecast period and the market size is expected to reach nearly US$ 15.27Bn. by 2029. The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.To know about the Research Methodology :- Request Free Sample Report
Body Fat Reduction Market Dynamics:
In the 21st century, obesity has become one of the major health issues, affecting both developed and developing nations. The prediction gives rough data about global obesity as 1.5 billion of the global population will be overweight or obese in the year 2030. Increases in living standards, with a more sedentary lifestyle and an excessive caloric intake, have caused an increase in obesity. There are 25 to 275 billion people around the globe who are suffering from chronic diseases arising due to excessive fatty acids. Fitness club trainers are mainly focusing on High-Intensity Interval Training (HIIT) and focus on the intense burst of exercise for fix period resulting in a significant reduction in the body fat of individuals. To observe more effects in less time, the health-conscious individuals increase the metabolism rate for 24 hours after exercise. The increasing prevalence of obesity due to busy life and sitting job roles are resulting in an increase in abdominal fat and 83% of the population suffering from the same. The global population must give preference to non-invasive procedures to avoid the side effects of fat reduction. Awareness among the people regarding fat reduction products gives more efficient results in fewer periods without any side effects. Herbalife Nutrition has routinely 8 million customers in the U.S only and 90 countries from the globe have identified as the company products are safe, reliable for human use, and have no hazardous effects on the body. Recently, a surge of novel technologies involving non-invasive, energy-based techniques has been introduced to the market, signalling a potential paradigm shift in fat reduction and body contouring practices.Body Fat Reduction Market Segment Analysis:
The report groups the Global Body Fat Reduction Market in different segments By Procedure, Application, and Region to forecast the revenues and analyze the market share of each segment over the forecast period. Based on Procedure, the Global Body Fat Reductions Market is bifurcated into surgical and non-surgical. The surgical segment is liposuction and abdominoplasty. The non-surgical segment is sub-segmented into cryolipolysis, ultrasound, and laser lipolysis. The cryolipolysis segment commanded the largest share of xx% in the global market. Cryolipolysis is a treatment approved by the Food and Drug Administration (FDA) to break the chain of unnecessary body fats hence their adoption is very high in the body spa and medical spa centers. Numerous clinical studies have been conducted in the United States on non-invasive surgical procedures in the last decade. Till now, more than 450,000 procedures performed thus far and are becoming one of the most popular alternatives to liposuction for spot reduction of adipose tissue. According to the American Society of Plastic Surgeons, there was a 7% increase in non-invasive fat reduction treatments between 2016 and 2017. Cryolipolysis is an outpatient treatment with little to no downtime and minimal discomfort. According to the American Society for Aesthetic Plastic Surgery 169,695 procedures were performed in 2016. The global cost of non-surgical fat reduction treatment in 2016 is US $ 1681billion. US FDA has approved several handheld devices for the purpose of body fat reduction. American Academy of Dermatology (AAD) has proved that cryolipolysis is the effective treatment for body fat reduction in less time than 3 -6 weeks. Medical spa segment commands a notable share of XX% in the global body fat reduction market. American Med Spa Association (AMSA) reported that over 4,200 med spas are open in the United States in 2017 and the number is still increasing in the forecast period. Over the past decade, the Medical Aesthetic Industry has shown tremendous growth. Americans spent $16.7 billion on cosmetic treatments such as laser hair removal, Botox, and skin tightening in 2022. According to the Spa Industry Association of Canada (SIAC), Canada is the home country for medical spa treatments and roughly has 3,000 spa facilities. An increase in the prevalence of individuals suffering from body fat saturation, obesity-related disorders preferred the medical treatment and spa procedures to trim the body shape. Development of medical spas on the developing underdeveloped and developed infrastructure commended the largest share of XX% in the global market.Regional Insights:
North America is expected to command the largest market share of xx% by 2029. There are numerous treatments are available in North America for the overweight or obsessed person. Understanding of risk and benefits of the many popular surgical and non-surgical techniques helps the healthcare community, cosmetologists, and dermatologists to save the lives of patients having cardiac disorders. The educated and employees are spending money on fitness by joining a fitness club, a protein-rich diet which results in more weight loss in less time. Development of various fat reduction therapies having a goal to reduce body weight and maintain low body weight for a longer time drive the global market in North America. Development of physical activity centers, behavior activity centers, and preference of people for physical exercise rather than other surgical procedures are helping to reduce the weight in less period. The objective of the report is to present a comprehensive analysis of the Global Body Fat Reduction Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Body Fat Reduction Market dynamics, structure by analyzing the market segments and projects the Global Body Fat Reduction Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Body Fat Reduction Market make the report investor’s guide.Body Fat Reduction Market: Inquire before buying
Body Fat Reduction Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 9.37 Bn. Forecast Period 2023 to 2029 CAGR: 7.21% Market Size in 2029: US $ 15.27Bn. Segments Covered: by Procedure Surgical Non-Surgical by Provider Clinics Hospitals Medical Spa Body Fat Reduction Market, by Region:
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest)Key Players are:
1.Apollo Hospitals 2.Elite Body Sculpture 3.The Plastic Surgery Clinics 4.VLCC Wellness & Beauty Center 5.Finish Line 6.Nature’s Sunshine 7.Schiff Nutrition International 8.Nutraceutical International 9.Nutrisystem 10.Herbalife 11.Vivus 12.Life Time Fitness 13.Lululemon athletica 14.Medifast Frequently Asked Questions: 1. Which region has the largest share in Global Body Fat Reduction Market? Ans: North America region holds the highest share in 2022. 2. What is the growth rate of Global Body Fat Reduction Market? Ans: The Global Body Fat Reduction Market is growing at a CAGR of 2.9% during forecasting period 2023-2029. 3. What is scope of the Global Body Fat Reduction market report? Ans: Global Body Fat Reduction Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Body Fat Reduction market? Ans: The important key players in the Global Body Fat Reduction Market are – Apollo Hospitals, Elite Body Sculpture, The Plastic Surgery Clinics, VLCC Wellness & Beauty Center, Finish Line, Nature’s Sunshine, Schiff Nutrition International, Nutraceutical International, Nutrisystem, Herbalife, Vivus, Life Time Fitness, Lululemon athletica, and Medifast 5. What is the study period of this market? Ans: The Global Body Fat Reduction Market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Body Fat Reductions Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Body Fat Reduction Market 3.4. Geographical Snapshot of the Body Fat Reduction Market, By Manufacturer share 4. Global Body Fat Reductions Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Body Fat Reductions Market 5. Supply Side and Demand Side Indicators 6. Global Body Fat Reductions Market Analysis and Forecast, 2022-2029 6.1. Global Body Fat Reductions Market Size & Y-o-Y Growth Analysis. 7. Global Body Fat Reductions Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Procedure, 2022-2029 7.1.1. Surgical 7.1.2. Non-Surgical 7.2. Market Size (Value) Estimates & Forecast By Service Provider, 2022-2029 7.2.1. Clinics 7.2.2. Hospitals 7.2.3. Medical Spa 8. Global Body Fat Reductions Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Body Fat Reduction Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Procedure, 2022-2029 9.1.1. Surgical 9.1.2. Non-Surgical 9.2. Market Size (Value) Estimates & Forecast By Service Provider, 2022-2029 9.2.1. Clinics 9.2.2. Hospitals 9.2.3. Medical Spa 10. North America Body Fat Reduction Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Body Fat Reduction Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Procedure, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Service Provider, 2022-2029 12. Canada Body Fat Reduction Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Procedure, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Service Provider, 2022-2029 13. Mexico Body Fat Reduction Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Procedure, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Service Provider, 2022-2029 14. Europe Body Fat Reduction Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Procedure, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Service Provider, 2022-2029 15. Europe Body Fat Reduction Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Body Fat Reduction Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Procedure, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Service Provider, 2022-2029 17. France Body Fat Reduction Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Procedure, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Service Provider, 2022-2029 18. Germany Body Fat Reduction Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Procedure, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Service Provider, 2022-2029 19. Italy Body Fat Reduction Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Procedure, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Service Provider, 2022-2029 20. Spain Body Fat Reduction Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Procedure, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Service Provider, 2022-2029 21. Sweden Body Fat Reduction Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Procedure, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Service Provider, 2022-2029 22. CIS Countries Body Fat Reduction Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Procedure, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Service Provider, 2022-2029 23. Rest of Europe Body Fat Reduction Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Procedure, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Service Provider, 2022-2029 24. Asia Pacific Body Fat Reduction Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Procedure, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Service Provider, 2022-2029 25. Asia Pacific Body Fat Reduction Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Body Fat Reduction Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Procedure, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Service Provider, 2022-2029 27. India Body Fat Reduction Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Procedure, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Service Provider, 2022-2029 28. Japan Body Fat Reduction Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Procedure, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Service Provider, 2022-2029 29. South Korea Body Fat Reduction Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Procedure, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Service Provider, 2022-2029 30. Australia Body Fat Reduction Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Procedure, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Service Provider, 2022-2029 31. ASEAN Body Fat Reduction Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Procedure, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Service Provider, 2022-2029 32. Rest of Asia Pacific Body Fat Reduction Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Procedure, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Service Provider, 2022-2029 33. Middle East Africa Body Fat Reduction Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Procedure, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Service Provider, 2022-2029 34. Middle East Africa Body Fat Reduction Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Body Fat Reduction Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Procedure, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Service Provider, 2022-2029 36. GCC Countries Body Fat Reduction Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Procedure, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Service Provider, 2022-2029 37. Egypt Body Fat Reduction Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Procedure, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Service Provider, 2022-2029 38. Nigeria Body Fat Reduction Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Procedure, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Service Provider, 2022-2029 39. Rest of ME&A Body Fat Reduction Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Procedure, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Service Provider, 2022-2029 40. South America Body Fat Reduction Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Procedure, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Service Provider, 2022-2029 41. South America Body Fat Reduction Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Body Fat Reduction Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Procedure, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Service Provider, 2022-2029 43. Argentina Body Fat Reduction Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Procedure, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Service Provider, 2022-2029 44. Rest of South America Body Fat Reduction Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Procedure, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Service Provider, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Body Fat Reductions Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Apollo Hospitals 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Elite Body Sculpture 45.3.3. The Plastic Surgery Clinics 45.3.4. VLCC Wellness & Beauty Center 45.3.5. Finish Line 45.3.6. Nature’s Sunshine 45.3.7. Schiff Nutrition International 45.3.8. Nutraceutical International 45.3.9. Nutrisystem 45.3.10. Herbalife 45.3.11. Vivus 45.3.12. Life Time Fitness 45.3.13. Lululemon athletica 46. Primary Key Insights