The Latin America, Middle East and Africa Body Fat Reduction Market would witness market growth of 14.4% CAGR during the forecast period (2021-2027).
The rise in the elderly population and the launch of the latest devices that can perform complex body fat reduction are anticipated to boost the growth of the regional body fat reduction market during the forecast period. Additionally, factors like growing health consciousness among people and the growing expenditure of the consumer on maintaining their body appearance are acting as growth catalysts for the regional body fat reduction market.
Furthermore, the ever-growing occurrence of obesity in this region would support the regional market growth in the coming years. However, the high treatment costs of these body contouring procedures and a lack of awareness among people regarding these procedures would hinder the growth of the regional body contouring devices market. Also, the availability of various substitute methods to reduce fats would restrict the demand for body fat reduction procedures over the forecast period.
The surge in disposable income has motivated many consumers to spend on different luxurious activities and cosmetic products. In addition, people have started to give more time and energy to their looks and appearance. As a result, the demand for body contouring procedures including body fat reduction has increased drastically in the last couple of years. In addition, the demand for beauty and aesthetic products is also increasing globally. Additionally, with the higher living standard, people have also increased their spending on beauty & appearances which has directly motivated them to prefer body fat reduction techniques. Moreover, the penetration of high-end body enhancing procedures such as body contouring and body fat reduction has increased in developed as well as developing regions, which is likely to boost the growth & demand for body fat reduction procedures worldwide.
The Hospitals & Clinics market dominated the South Africa Body Fat Reduction Market by Service Provider 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $172.3 million by 2027. The Medical spas market is showcasing a CAGR of 15.9% during (2021 - 2027). Additionally, The Others market is expected to witness highest CAGR of 16.5% during (2021 - 2027).
Based on Service Provider, the market is segmented into Hospitals & Clinics, Medical spas and Others. Based on Gender, the market is segmented into Female and Male. Based on Procedure, the market is segmented into Surgical and Non-Surgical. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Body Fat Reduction Market is Predict to reach $17.9 Billion by 2027, at a CAGR of 11.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Allergan PLC (AbbVie), Bausch Health Companies, Inc., Cutera, Inc., Alma Lasers Ltd. (Sisram Medical Ltd.), Vlcc Health Care Limited, Apollo Hospitals Enterprise Limited, Candela Medical Corporation, Sciton, Inc., Lumenis Ltd. and Cynosure, LLC.
Scope of the Study
Market Segments Covered in the Report:
By Service Provider
- Hospitals & Clinics
- Medical spas
- Others
By Gender
By Procedure
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Allergan PLC (AbbVie)
- Bausch Health Companies, Inc.
- Cutera, Inc.
- Alma Lasers Ltd. (Sisram Medical Ltd.)
- Vlcc Health Care Limited
- Apollo Hospitals Enterprise Limited
- Candela Medical Corporation
- Sciton, Inc.
- Lumenis Ltd.
- Cynosure, LLC
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Body Fat Reduction Market, by Service Provider
1.4.2 LAMEA Body Fat Reduction Market, by Gender
1.4.3 LAMEA Body Fat Reduction Market, by Procedure
1.4.4 LAMEA Body Fat Reduction Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. LAMEA Body Fat Reduction Market by Service Provider
3.1 LAMEA Hospitals & Clinics Market by Country
3.2 LAMEA Medical spas Market by Country
3.3 LAMEA Others Market by Country
Chapter 4. LAMEA Body Fat Reduction Market by Gender
4.1 LAMEA Female Body Fat Reduction Market by Country
4.2 LAMEA Male Body Fat Reduction Market by Country
Chapter 5. LAMEA Body Fat Reduction Market by Procedure
5.1 LAMEA Surgical Market by Country
5.2 LAMEA Non-Surgical Market by Country
Chapter 6. LAMEA Body Fat Reduction Market by Country
6.1 Brazil Body Fat Reduction Market
6.1.1 Brazil Body Fat Reduction Market by Service Provider
6.1.2 Brazil Body Fat Reduction Market by Gender
6.1.3 Brazil Body Fat Reduction Market by Procedure
6.2 Argentina Body Fat Reduction Market
6.2.1 Argentina Body Fat Reduction Market by Service Provider
6.2.2 Argentina Body Fat Reduction Market by Gender
6.2.3 Argentina Body Fat Reduction Market by Procedure
6.3 UAE Body Fat Reduction Market
6.3.1 UAE Body Fat Reduction Market by Service Provider
6.3.2 UAE Body Fat Reduction Market by Gender
6.3.3 UAE Body Fat Reduction Market by Procedure
6.4 Saudi Arabia Body Fat Reduction Market
6.4.1 Saudi Arabia Body Fat Reduction Market by Service Provider
6.4.2 Saudi Arabia Body Fat Reduction Market by Gender
6.4.3 Saudi Arabia Body Fat Reduction Market by Procedure
6.5 South Africa Body Fat Reduction Market
6.5.1 South Africa Body Fat Reduction Market by Service Provider
6.5.2 South Africa Body Fat Reduction Market by Gender
6.5.3 South Africa Body Fat Reduction Market by Procedure
6.6 Nigeria Body Fat Reduction Market
6.6.1 Nigeria Body Fat Reduction Market by Service Provider
6.6.2 Nigeria Body Fat Reduction Market by Gender
6.6.3 Nigeria Body Fat Reduction Market by Procedure
6.7 Rest of LAMEA Body Fat Reduction Market
6.7.1 Rest of LAMEA Body Fat Reduction Market by Service Provider
6.7.2 Rest of LAMEA Body Fat Reduction Market by Gender
6.7.3 Rest of LAMEA Body Fat Reduction Market by Procedure
Chapter 7. Company Profiles
7.1 Allergan PLC (AbbVie)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Acquisitions and Mergers:
7.1.5.2 Product Launches and Product Expansions:
7.1.5.3 Approvals and Trials:
7.2 Bausch Health Companies, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.3 Cutera, Inc.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Product Launches and Product Expansions:
7.3.5.2 Geographical Expansions:
7.3.5.3 Approvals and Trials:
7.4 Alma Lasers Ltd. (Sisram Medical Ltd.)
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Product Launches and Product Expansions:
7.5 Vlcc Health Care Limited
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.6 Apollo Hospitals Enterprise Limited
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental Analysis
7.7 Candela Medical Corporation
7.7.1 Company Overview
7.8 Sciton, Inc.
7.8.1 Company Overview
7.8.2 Recent strategies and developments:
7.8.2.1 Product Launches and Product Expansions:
7.9 Lumenis Ltd.
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Geographical Expansions:
7.10. Cynosure, LLC
7.10.1 Company Overview
7.10.2 Recent strategies and developments:
7.10.2.1 Product Launches and Product Expansions:
7.10.2.2 Geographical Expansions:
TABLE 1 LAMEA Body Fat Reduction Market, 2017 - 2020, USD Million
TABLE 2 LAMEA Body Fat Reduction Market, 2021 - 2027, USD Million
TABLE 3 LAMEA Body Fat Reduction Market by Service Provider, 2017 - 2020, USD Million
TABLE 4 LAMEA Body Fat Reduction Market by Service Provider, 2021 - 2027, USD Million
TABLE 5 LAMEA Hospitals & Clinics Market by Country, 2017 - 2020, USD Million
TABLE 6 LAMEA Hospitals & Clinics Market by Country, 2021 - 2027, USD Million
TABLE 7 LAMEA Medical spas Market by Country, 2017 - 2020, USD Million
TABLE 8 LAMEA Medical spas Market by Country, 2021 - 2027, USD Million
TABLE 9 LAMEA Others Market by Country, 2017 - 2020, USD Million
TABLE 10 LAMEA Others Market by Country, 2021 - 2027, USD Million
TABLE 11 LAMEA Body Fat Reduction Market by Gender, 2017 - 2020, USD Million
TABLE 12 LAMEA Body Fat Reduction Market by Gender, 2021 - 2027, USD Million
TABLE 13 LAMEA Female Body Fat Reduction Market by Country, 2017 - 2020, USD Million
TABLE 14 LAMEA Female Body Fat Reduction Market by Country, 2021 - 2027, USD Million
TABLE 15 LAMEA Male Body Fat Reduction Market by Country, 2017 - 2020, USD Million
TABLE 16 LAMEA Male Body Fat Reduction Market by Country, 2021 - 2027, USD Million
TABLE 17 LAMEA Body Fat Reduction Market by Procedure, 2017 - 2020, USD Million
TABLE 18 LAMEA Body Fat Reduction Market by Procedure, 2021 - 2027, USD Million
TABLE 19 LAMEA Surgical Market by Country, 2017 - 2020, USD Million
TABLE 20 LAMEA Surgical Market by Country, 2021 - 2027, USD Million
TABLE 21 LAMEA Non-Surgical Market by Country, 2017 - 2020, USD Million
TABLE 22 LAMEA Non-Surgical Market by Country, 2021 - 2027, USD Million
TABLE 23 LAMEA Body Fat Reduction Market by Country, 2017 - 2020, USD Million
TABLE 24 LAMEA Body Fat Reduction Market by Country, 2021 - 2027, USD Million
TABLE 25 Brazil Body Fat Reduction Market, 2017 - 2020, USD Million
TABLE 26 Brazil Body Fat Reduction Market, 2021 - 2027, USD Million
TABLE 27 Brazil Body Fat Reduction Market by Service Provider, 2017 - 2020, USD Million
TABLE 28 Brazil Body Fat Reduction Market by Service Provider, 2021 - 2027, USD Million
TABLE 29 Brazil Body Fat Reduction Market by Gender, 2017 - 2020, USD Million
TABLE 30 Brazil Body Fat Reduction Market by Gender, 2021 - 2027, USD Million
TABLE 31 Brazil Body Fat Reduction Market by Procedure, 2017 - 2020, USD Million
TABLE 32 Brazil Body Fat Reduction Market by Procedure, 2021 - 2027, USD Million
TABLE 33 Argentina Body Fat Reduction Market, 2017 - 2020, USD Million
TABLE 34 Argentina Body Fat Reduction Market, 2021 - 2027, USD Million
TABLE 35 Argentina Body Fat Reduction Market by Service Provider, 2017 - 2020, USD Million
TABLE 36 Argentina Body Fat Reduction Market by Service Provider, 2021 - 2027, USD Million
TABLE 37 Argentina Body Fat Reduction Market by Gender, 2017 - 2020, USD Million
TABLE 38 Argentina Body Fat Reduction Market by Gender, 2021 - 2027, USD Million
TABLE 39 Argentina Body Fat Reduction Market by Procedure, 2017 - 2020, USD Million
TABLE 40 Argentina Body Fat Reduction Market by Procedure, 2021 - 2027, USD Million
TABLE 41 UAE Body Fat Reduction Market, 2017 - 2020, USD Million
TABLE 42 UAE Body Fat Reduction Market, 2021 - 2027, USD Million
TABLE 43 UAE Body Fat Reduction Market by Service Provider, 2017 - 2020, USD Million
TABLE 44 UAE Body Fat Reduction Market by Service Provider, 2021 - 2027, USD Million
TABLE 45 UAE Body Fat Reduction Market by Gender, 2017 - 2020, USD Million
TABLE 46 UAE Body Fat Reduction Market by Gender, 2021 - 2027, USD Million
TABLE 47 UAE Body Fat Reduction Market by Procedure, 2017 - 2020, USD Million
TABLE 48 UAE Body Fat Reduction Market by Procedure, 2021 - 2027, USD Million
TABLE 49 Saudi Arabia Body Fat Reduction Market, 2017 - 2020, USD Million
TABLE 50 Saudi Arabia Body Fat Reduction Market, 2021 - 2027, USD Million
TABLE 51 Saudi Arabia Body Fat Reduction Market by Service Provider, 2017 - 2020, USD Million
TABLE 52 Saudi Arabia Body Fat Reduction Market by Service Provider, 2021 - 2027, USD Million
TABLE 53 Saudi Arabia Body Fat Reduction Market by Gender, 2017 - 2020, USD Million
TABLE 54 Saudi Arabia Body Fat Reduction Market by Gender, 2021 - 2027, USD Million
TABLE 55 Saudi Arabia Body Fat Reduction Market by Procedure, 2017 - 2020, USD Million
TABLE 56 Saudi Arabia Body Fat Reduction Market by Procedure, 2021 - 2027, USD Million
TABLE 57 South Africa Body Fat Reduction Market, 2017 - 2020, USD Million
TABLE 58 South Africa Body Fat Reduction Market, 2021 - 2027, USD Million
TABLE 59 South Africa Body Fat Reduction Market by Service Provider, 2017 - 2020, USD Million
TABLE 60 South Africa Body Fat Reduction Market by Service Provider, 2021 - 2027, USD Million
TABLE 61 South Africa Body Fat Reduction Market by Gender, 2017 - 2020, USD Million
TABLE 62 South Africa Body Fat Reduction Market by Gender, 2021 - 2027, USD Million
TABLE 63 South Africa Body Fat Reduction Market by Procedure, 2017 - 2020, USD Million
TABLE 64 South Africa Body Fat Reduction Market by Procedure, 2021 - 2027, USD Million
TABLE 65 Nigeria Body Fat Reduction Market, 2017 - 2020, USD Million
TABLE 66 Nigeria Body Fat Reduction Market, 2021 - 2027, USD Million
TABLE 67 Nigeria Body Fat Reduction Market by Service Provider, 2017 - 2020, USD Million
TABLE 68 Nigeria Body Fat Reduction Market by Service Provider, 2021 - 2027, USD Million
TABLE 69 Nigeria Body Fat Reduction Market by Gender, 2017 - 2020, USD Million
TABLE 70 Nigeria Body Fat Reduction Market by Gender, 2021 - 2027, USD Million
TABLE 71 Nigeria Body Fat Reduction Market by Procedure, 2017 - 2020, USD Million
TABLE 72 Nigeria Body Fat Reduction Market by Procedure, 2021 - 2027, USD Million
TABLE 73 Rest of LAMEA Body Fat Reduction Market, 2017 - 2020, USD Million
TABLE 74 Rest of LAMEA Body Fat Reduction Market, 2021 - 2027, USD Million
TABLE 75 Rest of LAMEA Body Fat Reduction Market by Service Provider, 2017 - 2020, USD Million
TABLE 76 Rest of LAMEA Body Fat Reduction Market by Service Provider, 2021 - 2027, USD Million
TABLE 77 Rest of LAMEA Body Fat Reduction Market by Gender, 2017 - 2020, USD Million
TABLE 78 Rest of LAMEA Body Fat Reduction Market by Gender, 2021 - 2027, USD Million
TABLE 79 Rest of LAMEA Body Fat Reduction Market by Procedure, 2017 - 2020, USD Million
TABLE 80 Rest of LAMEA Body Fat Reduction Market by Procedure, 2021 - 2027, USD Million
TABLE 81 Key Information – Allergan PLC
TABLE 82 key information – Bausch Health Companies, Inc.
TABLE 83 Key Information – Cutera, Inc.
TABLE 84 Key Information – Alma Lasers Ltd.
TABLE 85 Key Information – Vlcc Health Care Limited
TABLE 86 Key Information – Apollo Hospitals Enterprise Limited
TABLE 87 Key Information – Candela Medical Corporation
TABLE 88 Key Information – Sciton, Inc.
TABLE 89 key Information – Lumenis Ltd.
TABLE 90 key information – Cynosure, LLC
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Allergan PLC (AbbVie)
FIG 3 Recent strategies and developments: Cutera, Inc.
FIG 4 Recent strategies and developments: Cynosure, LLC