Coolsculpting and Zeltiq Market REPORT OVERVIEW
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The global coolsculpting and zeltiq market size is expected to be USD 631.3 million in 2021 and market is projected to touch USD 5802.96 million by 2031, exhibiting a CAGR of 24.2% during the forecast period.
A complex connective tissue with distinct roles in metabolic and endocrine function, adipose tissue, sometimes referred to as body fat, is present in all living things. Body fat reduction is a term used in medicine, health, and physical fitness to describe a decrease in total body mass brought on by the loss of fluid, body fat adipose tissue, or lean mass, including bone mineral deposits, muscle, tendon, and other connective tissue. In cosmetic surgery, techniques for removing body fat, either medically or non-surgically, are frequently employed to reduce excess adipose tissue or fat from the body.
Coolsculpting zeltiq is the process of reducing or eliminating excess, unwanted body fat. Excess body fat eventually contributes to weight gain and obesity, which in turn result in a number of conditions include heart issues, high blood pressure, cholesterol, an increased risk of stroke, and diabetes. Both surgical and non-surgical methods can be used to reduce body fat. Abdominoplasty (tummy tuck), laser lipolysis, cryolipolysis, liposuction, ultrasound, red light therapy, and injectable therapies are just a few of the options on the market.
COVID-19 Impact: Closure of Parks and Fitness Centers to Boost the Market Post Pandemic.
The COVID-19 pandemic caused a decrease in coolsculpting and zeltiq procedures worldwide, but at the same time, the closure of parks, fitness centers, educational facilities, and the adoption of a work from home (WFH) culture caused an increase in weight gain problems and obesity cases, which is expected to drive market growth over the course of the forecast period.
LATEST TRENDS
"Technological Developments to Push the Coolsculpting and Zeltiq Market"
The popularity of procedures to lose weight or alter the body after childbirth is rising. Young people and women are becoming more conscious of their physical appearance and fitness levels in order to achieve body slimming. Therefore, it is projected that throughout the forecast period, these factors would considerably fuel the expansion of the coolsculpting and zeltiq market.
Due to its emphasis on minimum blood loss, shorter patient stays, safety, and convenience of use, minimally invasive therapy approaches for body fat removal are becoming more and more popular. Because they are more affordable, less intrusive, and uncomfortable, and have a lower risk of consequences, coolsculpting and zeltiq are predicted to dominate the market.
In addition, technological developments for treating body fat reduction procedures, such as different surgical; liposuction, abdominoplasty, non-surgical; cryolipolysis, ultrasound, laser lipolysis, and other treatments, are on the rise. This is due to the rise in demand for excess coolsculpting and zeltiq, enhancement of aesthetics, and various body shape contouring procedures due to self-consciousness among people, especially females, which fuels the market growth.
Coolsculpting and Zeltiq Market Segmentation
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- By Type Analysis
By type, market is segmented into abdomen, upper arm, back fat, bra fat, banana roll, submental area and thighs. The abdomen segment will dominate the market in the coming years.
- By End User Analysis
Based on end user, the market is classified into women and men. The women segment will lead the global share through 2031.
DRIVING FACTORS
"Growing Public Health Concern Towards Obesity to Drive the Market"
It is anticipated that an increase in the incidence of obesity would increase demand for operations to reduce body fat. In both industrialized and emerging nations, obesity is a growing public health concern that is mostly caused by the population's unhealthy, stressful lifestyle. People are searching for ways to decrease extra body fat as a result. The root cause of a number of serious ailments is being overweight. In addition to dietary, physical activity, and exercise preferences, obesity is brought on by a confluence of genetic, physiological, and environmental factors.
Growing concern about obesity among adults and children, an increase in cases of obesity brought on by poor eating habits, lifestyle changes, lack of exercise, and adoption of a sedentary lifestyle, as well as favorable government policies and programs for obesity that are encouraging the adoption of coolsculpting and zeltiq procedures, are predicted to propel the growth of the body fat reduction market.
"Need For Attractive Appearance Among Women and Men to Propel the Market"
One of the key reasons driving the market's expansion is the increased emphasis on aesthetics among men and women in particular for beautification and attractiveness enhancement. The market is growing as a result of an increase in cosmetic procedures for coolsculpting and zeltiq brought on by the need for attractive, artistic appearances in developed and emerging nations. Cosmetic surgery, commonly referred to as aesthetic plastic surgery, aims to enhance the appearance of the face and body. The market's expansion is also aided by the rising demand for surgical and non-surgical body contouring or body shaping procedures and coolsculpting and zeltiq procedures.
RESTRAINING FACTORS
"High Costs for the Procedures to Hamper the Market Demand"
The high cost of these treatments and a few post-treatment problems are anticipated to limit market expansion.
Coolsculpting and Zeltiq Market REGIONAL INSIGHTS
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"Highest Global Coolsculpting and Zeltiq Market Share to be Held by North America"
In 2020, North America held the largest proportion of the worldwide coolsculpting and zeltiq industry, and this dominance is predicted to continue over the next five years. The growth in the incidence of obesity cases, the presence of important actors, the rising cost of healthcare, technological improvements, and the expansion of government activities in the area are all cited as causes. But due to a rise in the region's population generally, a rise in the number of facilities that offer body fat reduction treatments, and greater investments in the healthcare industry, Asia-Pacific is expected to see significant growth.
KEY INDUSTRY PLAYERS
"Key Players Focus on Partnerships to Gain a Competitive Advantage "
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead in the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolio.
List of Market Players Profiled
- Merrion Clinic (Ireland)
- Rachel's Beauty World (U.K.)
- Evolutions Clinic (Australia)
- VIVO Clinic (U.K.)
- ZAP THE FAT (Australia)
- Caci Clinics Limited (U.K.)
- La Belle Forme group (U.K.)
- Sky Salon (U.S.)
- Prescription Skin Care (New Zealand)
- Cosmetic Skin Clinic (U.K.)
- Dr Rita Rakus Clinic (U.K.)
- Dermaspa (U.K.)
- Bodify (U.S.)
- Airlee (U.S.)
REPORT COVERAGE
The market research study examines the worldwide market in detail, focusing on important elements such as leading players, product/services or type, and leading end-use applications. Aside from that, the research analyses major advancements and provides insights into lighting market trends. In addition to the causes indicated above, the paper includes a number of other factors that have contributed to recent growth.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 631.3 Million in 2021 |
Market Size Value By |
US$ 5802.96 Million by 2031 |
Growth Rate |
CAGR of 24.2% from 2021 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Segments Covered |
Type Analysis and End Users Analysis |
Regional Scope |
Global |
Frequently Asked Questions
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What value is the coolsculpting and zeltiq market expected to touch by 2031?
Over the research period, the coolsculpting and zeltiq market will be reaching USD 5802.96 million in 2031.
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What CAGR is the coolsculpting and zeltiq market expected to exhibit by 2031?
The coolsculpting and zeltiq market is expected to exhibit a CAGR of 24.2% by 2031.
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Which are the driving factors of the coolsculpting and zeltiq market?
Growing need for attractive appearance and growing concerns about health and obesity are some of the diving factors of the coolsculpting and zeltiq market.
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Which are the top companies operating in the coolsculpting and zeltiq market?
Dermaspa, Bodify, Airlee and Sky Salon are some of the top companies operating the coolsculpting and zeltiq market.