The global submental fat treatment market accounted for USD 0.443 billion in 2023 and is expected to reach USD 1.76 billion by 2034 with a CAGR of 13.34% during the forecast period 2024-2034. The market will grow due to the growing demand for aesthetic procedures, technological advancements, expanding access to healthcare services, strategic marketing and distribution, and an emphasis on personalization and customization.
Novel approaches to treating submental fat reduction have been developed due to technological advancements in medicine. These include non-invasive methods like laser therapy, cryolipolysis (like CoolMini), and injectables (like Kybella). As more people choose these treatments, technological improvements that enhance treatment efficacy, safety, and patient experience will propel market expansion. For instance, AirSculpt Technologies Inc. introduced AirSculpt Smooth, a minimally invasive cellulite removal method, with FDA approval in 2022. It provides a one-time fix when combined with their regular AirSculpt therapy. Through the use of cutting-edge technology to address aesthetic concerns, this innovation improves their services and may increase their market reach.
By type, the non-invasive technologies segment accounted for the highest revenue-grossing segment in the global submental fat treatment market in 2023 owing to the growing preference for minimally invasive procedures, advancements in technology, and shorter recovery times, driving increased adoption among patients seeking effective and convenient solutions for submental fat reduction. For instance, CUTERA INC. and Synchrony formed an exclusive cooperation in 2022 to expand patient financing choices for American dermatological practices. Additionally, the minimally invasive methods segment is predicted to grow at the fastest CAGR during the forecast period owing to the rising demand for safer and less invasive treatment options, technological innovations driving enhanced efficacy and patient comfort, and increasing awareness and acceptance of minimally invasive procedures among both patients and healthcare providers.
By product, the surgical rejuvenation segment accounted for the highest revenue-grossing segment in the global submental fat treatment market in 2023 owing to the preference for surgical interventions among certain patient demographics seeking more permanent and dramatic results, along with the established efficacy of surgical rejuvenation techniques such as liposuction and neck lift surgery for submental fat reduction. For instance, Hahn & company completed the acquisition of Cynosure in April 2024 and is getting ready to integrate Cynosure and Lutronic, combining two well-known suppliers of energy-based medical aesthetic treatment systems under the Cynosure Lutronic, Inc. parent companies. Additionally, the other segment is predicted to grow at the fastest CAGR during the forecast period owing to the emergence of novel treatment modalities, expanding market opportunities beyond traditional categories, and increasing focus on combination therapies and adjunctive treatments for comprehensive submental fat management.
By end-user, the dermatology clinics segment accounted for the highest revenue-grossing segment in the global submental fat treatment market in 2023 owing to the increased patient trust in dermatologists' expertise, specialized equipment, and facilities for aesthetic procedures, as well as the rising popularity of dermatology clinics as preferred destinations for comprehensive skincare solutions, including submental fat treatment. For instance, CUTERA, INC. announced in September 2023 the release of Secret DUO, a cutting-edge platform for skin regeneration and resurfacing with twin non-ablative fractional technologies. Additionally, the medical spas segment is predicted to grow at the fastest CAGR during the forecast period owing to the growing consumer demand for holistic wellness and aesthetic services, the increasing popularity of medical spas as lifestyle destinations offering a range of non-invasive cosmetic treatments, and the rise in disposable income driving expenditure on aesthetic procedures.
North American region is anticipated to have the highest revenue share during the forecast period owing to the high healthcare expenditure, advanced healthcare infrastructure, widespread adoption of aesthetic procedures, and increasing focus on appearance enhancement, driving robust demand for submental fat treatments in the North American region. Additionally, the Asia Pacific region is predicted to grow at the fastest CAGR during the forecast period owing to the increasing disposable income, expanding medical tourism industry, rising awareness about aesthetic procedures, and growing acceptance of cosmetic treatments, fostering rapid growth of the submental fat treatment market in the Asia Pacific region. For instance, AbbVie announced in March 2023 that it had acquired a biopharmaceutical business that demonstrated promise in the development of sophisticated fat-targeting medicines. This purchase will enhance Allergan's offerings in the submental fat treatment arena.
This extensive research report concentrates on the size and projections of the global and regional markets from 2023 to 2034.
Novel approaches to treating submental fat reduction have been developed due to technological advancements in medicine. These include non-invasive methods like laser therapy, cryolipolysis (like CoolMini), and injectables (like Kybella). As more people choose these treatments, technological improvements that enhance treatment efficacy, safety, and patient experience will propel market expansion. For instance, AirSculpt Technologies Inc. introduced AirSculpt Smooth, a minimally invasive cellulite removal method, with FDA approval in 2022. It provides a one-time fix when combined with their regular AirSculpt therapy. Through the use of cutting-edge technology to address aesthetic concerns, this innovation improves their services and may increase their market reach.
By type, the non-invasive technologies segment accounted for the highest revenue-grossing segment in the global submental fat treatment market in 2023 owing to the growing preference for minimally invasive procedures, advancements in technology, and shorter recovery times, driving increased adoption among patients seeking effective and convenient solutions for submental fat reduction. For instance, CUTERA INC. and Synchrony formed an exclusive cooperation in 2022 to expand patient financing choices for American dermatological practices. Additionally, the minimally invasive methods segment is predicted to grow at the fastest CAGR during the forecast period owing to the rising demand for safer and less invasive treatment options, technological innovations driving enhanced efficacy and patient comfort, and increasing awareness and acceptance of minimally invasive procedures among both patients and healthcare providers.
By product, the surgical rejuvenation segment accounted for the highest revenue-grossing segment in the global submental fat treatment market in 2023 owing to the preference for surgical interventions among certain patient demographics seeking more permanent and dramatic results, along with the established efficacy of surgical rejuvenation techniques such as liposuction and neck lift surgery for submental fat reduction. For instance, Hahn & company completed the acquisition of Cynosure in April 2024 and is getting ready to integrate Cynosure and Lutronic, combining two well-known suppliers of energy-based medical aesthetic treatment systems under the Cynosure Lutronic, Inc. parent companies. Additionally, the other segment is predicted to grow at the fastest CAGR during the forecast period owing to the emergence of novel treatment modalities, expanding market opportunities beyond traditional categories, and increasing focus on combination therapies and adjunctive treatments for comprehensive submental fat management.
By end-user, the dermatology clinics segment accounted for the highest revenue-grossing segment in the global submental fat treatment market in 2023 owing to the increased patient trust in dermatologists' expertise, specialized equipment, and facilities for aesthetic procedures, as well as the rising popularity of dermatology clinics as preferred destinations for comprehensive skincare solutions, including submental fat treatment. For instance, CUTERA, INC. announced in September 2023 the release of Secret DUO, a cutting-edge platform for skin regeneration and resurfacing with twin non-ablative fractional technologies. Additionally, the medical spas segment is predicted to grow at the fastest CAGR during the forecast period owing to the growing consumer demand for holistic wellness and aesthetic services, the increasing popularity of medical spas as lifestyle destinations offering a range of non-invasive cosmetic treatments, and the rise in disposable income driving expenditure on aesthetic procedures.
North American region is anticipated to have the highest revenue share during the forecast period owing to the high healthcare expenditure, advanced healthcare infrastructure, widespread adoption of aesthetic procedures, and increasing focus on appearance enhancement, driving robust demand for submental fat treatments in the North American region. Additionally, the Asia Pacific region is predicted to grow at the fastest CAGR during the forecast period owing to the increasing disposable income, expanding medical tourism industry, rising awareness about aesthetic procedures, and growing acceptance of cosmetic treatments, fostering rapid growth of the submental fat treatment market in the Asia Pacific region. For instance, AbbVie announced in March 2023 that it had acquired a biopharmaceutical business that demonstrated promise in the development of sophisticated fat-targeting medicines. This purchase will enhance Allergan's offerings in the submental fat treatment arena.
This extensive research report concentrates on the size and projections of the global and regional markets from 2023 to 2034.
Report Scope:
- Base Year: 2023
- Forecast Period: 2024-2034
- Study Coverage
- Market Forecast by Type, Product, and End-User
- Market Forecast for 5 Regions and 17+ Countries
- North America (U.S. and Canada)
- Europe (Germany, France, UK, Spain, Italy, Russia, Rest of Europe)
- Asia Pacific (China, Japan, India, Australia, South Korea, Rest of APAC)
- Latin America (Brazil, Mexico, Argentina, Rest of LATAM)
- MEA (South Africa, GCC, Rest of MEA)
- Exhaustive Company Profiles of the Top 10+ Major Market Players
- 20% Free Customization Available to Meet Your Exact Requirement
Segmentation: Submental Fat Treatment Market Report 2023 - 2034
Submental Fat Treatment Market Analysis & Forecast by Type 2023 - 2034 (Revenue USD Bn)
- Invasive Method
- Minimally Invasive
- Non-Invasive Technology
Submental Fat Treatment Market Analysis & Forecast by Product 2023 - 2034 (Revenue USD Bn)
- Surgical Rejuvenation
- Targeted Liposuction
- Laser Ablation
- Others
Submental Fat Treatment Market Analysis & Forecast by End-User 2023 - 2034 (Revenue USD Bn)
- Cosmetic Centers
- Hospitals
- Dermatology Clinics
- Medical Spa
- Others
Submental Fat Treatment Market Analysis & Forecast by Region 2023 - 2034 (Revenue USD Bn)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East & Africa
- South Africa
- GCC
- Rest of MEA
Table of Contents
1. Research Methodology
2. Introduction
4. Market Environment Analysis
5. Market Dynamics
7. Submental Fat Treatment Market: Type Estimates & Trend Analysis
8. Submental Fat Treatment Market: Product Estimates & Trend Analysis
9. Submental Fat Treatment Market: End-User Estimates & Trend Analysis
10. Regional Market Analysis
11. North America Submental Fat Treatment Market
12. Europe Global Submental Fat Treatment Market
13. Asia Pacific Global Submental Fat Treatment Market
14. Latin America Global Submental Fat Treatment Market
15. MEA Global Submental Fat Treatment Market
16. Competitor Analysis
17. Company Profiles
Companies Mentioned
- Allergan
- Merz Pharma
- Hologic Inc.
- Cynosure Inc.
- Alma Lasers
- Solta Medical
- Cutera Inc.
- Lumenis
- Syneron Medical Ltd.
- Sientra Inc.
- Sciton Inc.
- Venus Concept
- EndyMed Ltd.
- InMode Ltd.
- BTL Industries.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | October 2024 |
| Forecast Period | 2023 - 2034 |
| Estimated Market Value ( USD | $ 0.44 Billion |
| Forecasted Market Value ( USD | $ 1.76 Billion |
| Compound Annual Growth Rate | 13.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
