Lipoma wand for lipoma treatment or lipoma removalThere is a new lipoma treatment for lipoma removal or fatty tumor shrinking. The medical community doesn’t always know a patients lipoma cause but the lipoma removal cost ( fatty tumor removal ) is upwards around $5000. The company says the lipoma wand helps reduce the appearance of a lipoma but my arm lipoma is much smaller now. A friend told me it worked on their forehead lipoma also.