Cryolipolysis Under Technology Segment to Bolster Noninvasive Fat Reduction Market Size During 2023–2031
According to our latest study on "Noninvasive Fat Reduction Market Forecast to 2030 – Global Analysis – Technology and End User," the market is expected to reach US$ 6.1 billion by 2031 from US$ 1.8 billion in 2023. The market is estimated to record a CAGR of 16.5% during 2023–2031. The market report emphasizes the key factors driving the market and showcases the developments of prominent players. The growing adoption of noninvasive fat reduction procedures is a crucial factor propelling the noninvasive fat reduction market growth. However, complications associated with noninvasive fat reduction procedures impede the market growth.
Regional Overview.
Based on geography, the noninvasive fat reduction market is primarily segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. The market in Asia Pacific held the highest CAGR in 2023. China dominates the market in Asia Pacific due to plastic surgery becoming a hugely profitable business in China. Additionally, China holds the top three positions for aesthetic procedures (both surgical and nonsurgical); the presence of a high volume of aesthetic practitioners favors the noninvasive fat reduction market growth in China. The people in China have a positive attitude toward nonsurgical aesthetic procedures due to low risk, quick recovery time, and low post-operative patient impacts. Further, aesthetic cosmetic procedures have gained immense popularity among younger individuals in China. For example, most people in the country focus on improving their facial features, owing to which blepharoplasty and double eyelid surgery are in high demand. People in this country are seeking facial reshaping, which is, in turn, resulting in high demand for fat grafting or bone contouring procedures. Several nonsurgical alternatives are available in China, particularly for women who seek fat removal apart from readily available implant procedures (surgical). These nonsurgical alternatives are trending in China’s aesthetic industry, especially for body contouring (i.e., postpartum slimming and leg slimming). Therefore, the positive acceptance of nonsurgical options drives the noninvasive fat reduction market in China.
Noninvasive Fat Reduction Market
Noninvasive Fat Reduction Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Technology (Cryolipolysis, Laser Lipolysis, Ultrasound, and Others), End User (Hospitals, Dermatology Clinics & Cosmetic Clinics, and Others), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America)
Noninvasive Fat Reduction Market Size and Growth by 2031
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Growing Adoption of Noninvasive Fat Reduction Procedures
According to the American Board of Cosmetic Surgery report, noninvasive fat reduction procedures are usually conducted within 90 minutes, and results can be expected within 2–3 months. These procedures require less post-operative recovery time and do not cause scarring. Further, the mild redness at treatment sites subsides within a few hours or some days.
Parameters | Cryolipolysis | Laser Lipolysis | Ultrasound |
Duration of Treatment | 35–60 min | 25 min | NA (Low or No Downtime Required) |
Treatment Results | 1–3 Months | ~6–12 Weeks | 6–12 Weeks |
Source: THE AMERICAN BOARD OF COSMETIC SURGERY
The average cost of nonsurgical fat reduction is US$ 1,226, as per the statistics published in the American Society of Plastic Surgeons report. The average cost refers only to the consultation fees of the physician and does not include other noninvasive fat reduction procedure-related expenses. Other noninvasive fat reduction procedure expenses include procedure cost, time and effort of the treatment, and clinics/hospital geographic locations.
Fig: Comparison Table of Surgical and Nonsurgical Fat Reduction Cost
Surgical fat reduction (Only Physician Consultation Fees) US$ | Nonsurgical fat reduction (Only Physician Consultation Fees) US$ |
4,449 | 1,226 |
Source: American Society of Plastic Surgeons
Therefore, the above table indicates that the surgical fat reduction option is more expensive than nonsurgical fat reduction.
Furthermore, patients undergoing noninvasive fat reduction procedures can benefit more in terms of treatment time as compared with the surgical option.
Market Opportunity
Product Approvals and Innovations to Accelerate Market Growth in Coming Years
The table below highlights the noninvasive fat reduction-centric products launched by companies operating in the market.
Date | Company Name | Product Name | Product Description |
Jan-21 | AbbVie, Inc. | CoolSculpting Elite | CoolSculpting Elite is a clinically proven technology to target, freeze, and eliminate treated fat cells. The product is FDA-cleared to treat visible fat bulges in nine areas of the body, including the thigh, abdomen, and flank, as well as bra fat, back fat, underneath the buttocks, upper arm, and the submental and submandibular areas. |
Apr-22 | VLCC | VLCC Lipo-1060 | VLCC Lipo-1060 treatment uses the latest laser appliances of specific wavelengths that enable noninvasive body contouring and slimming without pain and ensure that only fat cells are eliminated with skin protection. The technology used in the treatment has been clinically proven to consistently reduce the fat contour in the abdomen and other areas of the body, with an excellent safety profile in all skin types. |
Mar-23 | truBody Brand | truBody | truBody Brand is an award-winning treatment pair intended for a customized, convenient, and complete approach to fat reduction and muscle toning with only a 15-minute treatment duration. The truSculpt (formerly truSculpt iD) for fat reduction is a fast and effective combination approach, allowing practitioners and patients to provide optimal results for reducing fat and toning muscle. |
Additionally, Medicis’s Liposonix is a new treatment technique that uses a high-intensity focused ultrasound device to eliminate fat beneath the skin. The company reportedly received FDA approval for noninvasive waist circumference reduction. Medicis's noninvasive fat reduction treatment is available in Canada, Japan, and Europe. Such innovative product approvals and launches are expected to enhance the market growth of noninvasive fat reduction during the forecast period.
Noninvasive Fat Reduction Market, by Technology:
Based on technology, the noninvasive fat reduction market analysis is carried out by considering the following subsegments: cryolipolysis, laser lipolysis, ultrasound, and others. The cryolipolysis subsegment held the largest noninvasive fat reduction market share in 2023 and is anticipated to register the highest CAGR of 17.8% during the forecast period.
Noninvasive Fat Reduction Market, by End User:
By end user, the noninvasive fat reduction market is segmented into hospitals, dermatology clinics & cosmetic clinics, and others. The dermatology clinics & cosmetic clinics segment held the largest noninvasive fat reduction market share in 2023. It is anticipated to register the highest CAGR of 17.1% during the forecast period.
Industry Developments and Future Opportunities:
In August 2020, Lumenis announced the launch of a new product, "NuEra Tight," with Focal RF technology; this platform is a breakthrough in personalized noninvasive RF body treatments that meet patients’ unique needs. NuEra Tight with FocalRF technology is developed to provide tailored body treatments that meet patient's distinctive needs, providing practitioners the advanced tools for aesthetic patients with clinical indications on specific body areas.
Noninvasive Fat Reduction Market, by Geography:
The geographic scope of the noninvasive fat reduction market report encompasses North America (the US, Canada, and Mexico), Europe (Spain, the UK, Germany, France, Italy, and the Rest of Europe), Asia Pacific (South Korea, China, India, Japan, Australia, and the Rest of Asia Pacific), the Middle East & Africa (South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and the Rest of South & Central America). Developments and launch of new drugs by several market players, along with approvals by regulatory authorities, help in the market expansion.
Apart from factors driving the market, the noninvasive fat reduction market report emphasizes prominent players' developments. Cynosure LLC, Alma Lasers Ltd, Cutera Inc, Fotona, Sciton, Inc., Lynton Lasers Ltd, Solta Medical, Lumenis, Venus Concept Inc, and Candela Corporation are among the prominent players operating in the market.
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