Body Fat Reduction Devices Market Size - By Type [Surgical (Liposuction, Abdominoplasty), Non-surgical (Ultrasound, Injectable, Laser, RF, Cryolipolysis)], Gender (Female, Male), End-use – Global Forecast (2024 - 2032)

Body Fat Reduction Devices Market Size - By Type [Surgical (Liposuction, Abdominoplasty), Non-surgical (Ultrasound, Injectable, Laser, RF, Cryolipolysis)], Gender (Female, Male), End-use – Global Forecast (2024 - 2032)

Body Fat Reduction Devices Market Size

Body Fat Reduction Devices Market size was valued at around USD 4.2 billion in 2023 and is estimated to grow at 8.8% CAGR from 2024 to 2032. A body fat reduction device refers to a technological apparatus or equipment designed to reduce excess body fat, typically through non-invasive or minimally invasive methods.

This robust industry expansion can be attributed to various factors, including ongoing advancements in body fat reduction devices, an increase in the prevalence of obesity, a rising demand for minimally invasive procedures, the continual gains of healthcare expenditure, and an escalating inclination towards body fat measurement, which accounted for USD 860 million in 2022.
 

Furthermore, increasing prevalence of obesity globally has increased significantly across the male and female population base. This demographic shift plays a crucial role in driving the demand for body fat reduction devices. For example, as per the National Family Health Survey (NFHS-5) in India, nearly 23% of men and 24% of women exhibit a body mass index (BMI) of 25 or more, indicating overweight conditions. Additionally, a comprehensive study involving 698,286 participants, representative of the nation, revealed that over half of India's adult population grapples with some form of obesity.
 

Body Fat Reduction Devices Market Trends 

The market is experiencing several notable trends that are shaping its expansion and development. Factors such as continuous technological advancements in surgical and non-surgical devices, rising emphasis on physical appearance, and a surging demand for body fat reduction procedures, among other factors.
 

• As per the World Health Organization (WHO), the worldwide incidence of obesity is alarming in 2022, affecting more than one billion individuals, comprising 650 million adults, 340 million adolescents, and 39 million children. This troubling statistic is witnessing an upward trend, and the WHO predicts that by 2025, approximately 167 million individuals, encompassing both adults and children, will face deteriorating health conditions associated with being overweight or obese.
   
• Furthermore, the escalating preference for non-invasive procedures has also stimulated increased focus on research and development, aiming to create innovative technologies that provide less risky solutions.
   

Body Fat Reduction Devices Market Analysis

Based on type, the body fat reduction devices market is segmented into surgical and non-surgical. The surgical segment is poised for significant gains at a CAGR of 8.6% by 2032.
 

• This progression is fuelled by the immediate and visible results offered by the devices used in surgical procedures such as liposuction and body contouring surgeries, catering to individuals seeking rapid transformations.

• Moreover, the global rise in liposuction procedures, propelled by evolving beauty standards and improved techniques. For instance, in 2022, ISAPS reported that over 2.3 million liposuction procedures were conducted, signifying a significant 21.1% increase compared to 2021 when it ranked as the most popular cosmetic procedure.
   

Based on gender, the body fat reduction devices market is segmented into male and female. The female segment accounted for a revenue share of 90.8% in 2023.
 

• Societal norms and cultural expectations often place a higher emphasis on female physical appearance, stimulating a greater demand for body fat reduction interventions among women. Additionally, the beauty and fashion industries actively target female consumers, fostering a culture where maintaining a certain body shape is emphasized.
   
• Moreover, advancements in technology have led to the development of targeted and non-invasive fat reduction devices that appeal to the female demographic.
   

The body fat reduction devices market by end-use is categorized into plastic surgeons, dermatologists, medical spas, and other end-users. The medical spas segment accounted for around USD 634.8 million revenue size in 2023.
 

• Medical spas offer a holistic approach to body fat reduction, providing a range of non-invasive and minimally invasive procedures in a relaxing and rejuvenating environment.
   
• Additionally, the increasing trend of incorporating advanced technologies, such as laser therapy devices and radiofrequency treatments, into spa services has enhanced the efficacy and attractiveness of these devices. The accessibility and comfort associated with medical spas make them appealing to a broader demographic.
   

North America body fat reduction devices market accounted for USD 1.4 billion revenue in 2023.
 

• North America has taken a leading role in the market due to a confluence of cultural, technological, and health-related factors. The region's increasing emphasis on health and wellness, stimulated by concerns about obesity and related health issues, has fueled a demand for effective body fat reduction devices.  
   
• For instance, in 2022, the U.S. earned the distinction of being recognized as the global hub for cosmetic surgery by the International Society of Aesthetic Plastic Surgery (ISAPS), surgeons conducted 7.4 million procedures, constituting 22% of the total global cosmetic surgeries performed.
   
• Thus, the development of the fitness and beauty industry, combined with cultural norms emphasizing aesthetics, has contributed to the popularity of cosmetic surgeries such as body fat reduction methods.
   

Body Fat Reduction Devices Market Share 

The body fat reduction devices industry is competitive in nature, with several large multinationals and small and mid-sized companies competing in the industry. The development and launch of novel advanced products based on different technologies is among a key market strategy. Some of the leading industry players including Allergan Plc, Cynosure, Lumenis, Syneron Medical Ltd., among others have a notable presence in the market.
 

Body Fat Reduction Devices Market Companies 

Some of the eminent market participants operating in the body fat reduction devices industry include

• Allergan Plc
• Alma Lasers
• Apyx Medical Corporation
• Asclepion Laser Technologies GmbH
• Bausch Health Companies Inc.
• BTL Industries
• Cutera, Inc.
• Cynosure
• EndyMed Medical Ltd
• Fotona
• InMode Ltd.
• Lumenis
• Sciton, Inc.
• Sientra, Inc.
• Syneron Medical Ltd.
   

Body Fat Reduction Devices Industry News

• In May 2021, Allergan Aesthetics entered into a definitive agreement to acquire Soliton for its rapid acoustic pulse device used in non-invasive treatment of the short-term improvement in the appearance of cellulite. The acquisition expanded Allergan Aesthetics' body contouring treatment portfolio.
   
• In July 2019, Cynosure announced the launch of TempSure and SculpSure for aesthetic treatment procedures. The addition of new products enhanced the expansion potential of the company.
   

Body fat reduction devices market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2018 to 2032 for the following segments

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By Type

• Surgical
• Liposuction
  • Suction-assisted liposuction
  • RF-assisted liposuction
  • Power-assisted liposuction
  • Ultrasound-assisted liposuction
  • Other liposuction devices
• Abdominoplasty 
• Non-surgical
• Cryolipolysis
• Ultrasound
• Laser lipolysis
• Injectable lipolysis
• RF lipolysis
• Other non-surgical devices

By Gender

• Female
• Male

By End-use

• Plastic surgeons 
• Dermatologists
• Medical spas
• Other end-users

The above information is provided for the following regions and countries

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Switzerland
  • Netherlands
  • Denmark
  • Poland
  • Sweden
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • New Zealand
  • Vietnam
  • Indonesia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Colombia
  • Chile
  • Rest of Latin America
• Middle East & Africa
  • Saudi Arabia
  • South Africa
  • UAE
  • Turkey
  • Rest of Middle East & Africa