Weight Loss Procedures Industry Data Book - Liposuction Surgery, Bariatric Surgery, Non-invasive Fat Reduction Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030

Database Overview

Grand View Research’s weight loss procedures industry data book is a collection of market sizing information & forecasts, regulatory data, reimbursement structure, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.

The following data points will be included in the final product offering in 3 reports and one sector report overview:

Weight Loss Procedures Industry Data Book Scope

Weight Loss Procedures Industry Data Book Coverage Snapshot

Weight Loss Procedures Sector Outlook

The Weight Loss Procedures industry data book is a combination of market data from three reports namely, liposuction surgery market, bariatric surgery market, and non-invasive fat reduction market. Liposuction surgery market was valued at USD 5.4 billion in 2022 and is growing at a CAGR of 12.6% during 2023-2030. Bariatric surgery market was valued at USD 5.2 billion in 2022 and is expanding at a CAGR of 7.4% during 2023-2030. Non-invasive fat reduction market was valued at USD 1.5 billion in 2022 and is growing at a CAGR of 14.6% during 2023-2030.

The increase in incidence of obesity across all age groups worldwide is one of the major factors that can be attributed to the market growth over the forecast period. Obesity or overweight are major health concerns that lead to a number of associated diseases or complications such as diabetes, cardiovascular diseases, and cancers.

Liposuction Surgery Market Analysis And Forecast

The global liposuction surgery market size was estimated at USD 5.4 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 12.6% from 2023 to 2030. The rising frequency of men and women who want to be in proper shape and reduce & remove excess fat from their bodies has led to high demand for liposuction surgeries thus driving the Liposuction surgery market. The liposuction procedure is gaining popularity due to the positive influence garnered by it on social media and the scope of better outcomes while reducing costs & minimizing health risks. The growing trend of noninvasive cosmetic procedures and liposuction is expected to witness significant demand. The field of liposuction has observed many new developments based upon advancements in technology, such as ultrasonic-assisted liposuction, Vaser, Smart Lipo laser-assisted liposuction, Slim Lipo, and PAL power-assisted liposuction.  

Liposuction Surgery Market - Key Product Type Segment

Bariatric Surgery Market Analysis And Forecast

The global bariatric surgery market size was valued at USD 5.2 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 7.4% from 2023 to 2030. Factors such as the high obesity rate, the presence of global players, and approvals by the government for non-invasive surgeries are expected to propel the market growth. Obesity is caused due to unhealthy eating habits and physical inactivity. Obesity is increasing not only in the adult population but also in people under 18 years of age. This is owing to physical inactivity, sitting for hours in front of the TV, playing video games, and no outdoor games. In the case of eating habits, people have more inclination towards fast food rather than healthy food. The high prices of bariatric surgeries in the U.S. have increased medical tourism outside the U.S. and in developing countries such as Mexico and India.

Non-surgical Fat Reduction Market Analysis And Forecast

The global non-invasive fat reduction market size was valued at USD 1.5 billion in 2022 and is expected to expand at a CAGR of 14.6% from 2023 to 2030. The rising involvement of market players in developing and introducing innovative technologies is driving the non-invasive fat reduction market. Other factors like increasing awareness, surging obese population, rise in disposable income, change in lifestyle due to globalization, and increasing demand for fat reduction treatment are expected to boost the market growth. According to the statistics of The Aesthetic Society, non-surgical procedures increased by 44% in 2021. Non-invasive treatments are rapidly replacing invasive surgeries. People are opting more for aesthetic procedures such as skin rejuvenation, fat reduction, and body contouring as the risk associated with these treatments are minor and are gaining a lot of spotlight through various digital platforms.

Non-surgical Fat Reduction Market Key Players

Competitive Insights

The industry growth is directly associated with the shift in technology, demand for noninvasive procedures, and the extensive adoption of advanced healthcare technology for improved healthcare services. Moreover, the competition among major market players will turn intense in the upcoming years as they are focusing more on strategic collaborations, geographical expansion, and partnerships through mergers and acquisitions. For instance, in November 2018, Fosun Pharmaceuticals Co. Ltd announced the launch of their hybrid body & face contouring platform called RESHAPE for skin tightening, fat reduction, and facial anti-aging treatments, at the Cosmoprof Asia tradeshow in Hong Kong.

This section in the final deliverables also highlights various initiatives taken by the key companies in the recent past that strongly impacts this market space. The below figure represents the various strategic developments initiated by these market participants:

Key Drivers

• The increasing awareness about the various weight loss procedures among people is expected to drive market growth.

• The increasing obese population is expected to propel growth.

• Rising disposable income.

• Rising demand for cosmetic surgeries.

• The increasing beauty and aesthetic consciousness among a wider demographic.

• The development of innovative weight loss technologies by the market players.