South Africa Non Invasive Fat Reduction Market Size & Outlook
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South Africa non invasive fat reduction market highlights
- The South Africa non invasive fat reduction market generated a revenue of USD 41.5 million in 2023 and is expected to reach USD 99.2 million by 2030.
- The South Africa market is expected to grow at a CAGR of 13.2% from 2024 to 2030.
- In terms of segment, cryolipolysis was the largest revenue generating procedures type in 2023.
- Cryolipolysis is the most lucrative procedures type segment registering the fastest growth during the forecast period.
Non invasive fat reduction market data book summary
| Market revenue in 2023 | USD 41.5 million |
| Market revenue in 2030 | USD 99.2 million |
| Growth rate | 13.2% (CAGR from 2023 to 2030) |
| Largest segment | Cryolipolysis |
| Fastest growing segment | Cryolipolysis |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cryolipolysis, Ultrasound, Low Level Lasers |
Other key industry trends
- In terms of revenue, South Africa accounted for 2.4% of the global non invasive fat reduction market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa non invasive fat reduction market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 99.2 million by 2030.
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Non Invasive Fat Reduction Market Scope
Non Invasive Fat Reduction Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Venus Concept Inc | View profile | 304 | 235 Yorkland Boulevard, Suite 900, Toronto, ON, Canada, M2J 4Y8 | https://www.venusconcept.com |
| Cynosure Inc | View profile | 101-250 | Lisle, Illinois, United States, North America | https://www.cynosureinc.com |
| Fosun International Ltd | View profile | 108000 | 3 Garden Road, Room 808, Industrial and Commercial Bank of China Building, Hong Kong, Hong Kong | https://www.fosun.com |
| Candela Corporation | View profile | 51-100 | Irvine, California, United States, North America | http://www.candelacorp.com/ |
| BTL Industries Ltd. | View profile | 501-1000 | Stevenage, Herefordshire, United Kingdom, Europe | https://www.btlnet.com/ |
| Zeltiq Aesthetics | View profile | 251-500 | Pleasanton, California, United States, North America | http://zeltiq.com |
| Lynton Lasers | View profile | 101-250 | Holmes Chapel, Cheshire, United Kingdom, Europe | https://lynton.co.uk/ |
| Cutera Inc | View profile | 430 | 3240 Bayshore Boulevard, Brisbane, CA, United States, 94005 | https://www.cutera.com |
| Hologic Inc | View profile | 6990 | 250 Campus Drive, Marlborough, MA, United States, 01752 | http://www.hologic.com |
| AbbVie Inc | View profile | 50000 | 1 North Waukegan Road, North Chicago, IL, United States, 60064-6400 | http://www.abbvieinvestor.com |
South Africa non invasive fat reduction market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to non invasive fat reduction market will help companies and investors design strategic landscapes.
Cryolipolysis was the largest segment with a revenue share of 37.59% in 2023. Horizon Databook has segmented the South Africa non invasive fat reduction market based on cryolipolysis, ultrasound, low level lasers covering the revenue growth of each sub-segment from 2018 to 2030.
South Africa was ranked as the unhealthiest country in the world. The obesity rates in South Africa are alarming as approximately 68% of adult women, 31 % of adult men and 13.3% of children under 5 years of age in South Africa are obese.
South Africa is one of the highest growing countries in terms of population, is considered a first-tier emerging market economy, and has become a potential investment destination for aesthetic and cosmetic multi-nationals.
Although, Africa accounts for only 3 % of the global cosmetic market, many companies are planning to penetrate the market and organizations like Aesthetic and Anti-Ageing Medicine Society of South Africa (AAMSSA) are at the forefront in promoting various aesthetic procedures.
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Target buyers of South Africa non invasive fat reduction market databook
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Our clientele includes a mix of non invasive fat reduction market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa non invasive fat reduction market , including forecasts for subscribers. This country databook contains high-level insights into South Africa non invasive fat reduction market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa non invasive fat reduction market size, by others, 2018-2030 (US$M)
South Africa Non Invasive Fat Reduction Market Outlook Share, 2023 & 2030 (US$M)
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