Weight Management Market - Global Industry Analysis

Weight Management Market

Weight Management Market Size, Share, Growth and Forecasts

Category: Pharmaceutical Report Format : PDF Pages: 110 Report Code: ZMR-3900 Published Date: Mar-2019 Status : Published

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The rapidly rising inclination toward junk food, less preference for physical activities, and the growing fast food industry are resulting in a sedentary and unhealthy lifestyle, which leads to weight gain. The increasing incidences of different types of lifestyle-related disorders worldwide and raising awareness regarding healthy lifestyle and government initiatives will significantly boost the weight management market over the forecast time period.

The growing number of overweight population is majorly stimulating the weight management market globally. The world’s obese population has nearly tripled today in comparison to 1975. In 2016, 41 million children under the age of 5 were overweight and over 1.9 billion adults (the population 18 years and above) were obese. Among which, over 650 million were obese and on an average around 13% of the world’s total population is obese. Moreover, changing lifestyle patterns, rising preference for minimally invasive procedures, and favorable government initiatives are likely to significantly boost the weight management market over the forecast period.

Global Weight Management Market

The global weight management market is segmented on the basis of the diet, equipment, and service. Based on a diet, the market is segmented into meals, beverages, and supplements. The meals segment is expected to register the highest growth rate over the forecast time period, due to the high adoption of low-calorie food and raising awareness about lifestyle-related diseases. By equipment, the market includes fitness equipment and surgical equipment. The surgical equipment market is bifurcated into minimally invasive/bariatric equipment and non-invasive surgical equipment. The fitness equipment segment is further classified into cardiovascular training equipment, strength training equipment, and others. By service, the market is segmented into slimming centers, fitness centers, consultation services, and online weight loss services. Slimming centers are estimated to show the highest CAGR in the global weight management market.

By region, North America is anticipated to remain the leading region over the forecast period as well. In 2016, the prevalence of obesity in the U.S. was 39.8% and affected about 93.3 million of the adult population. Moreover, obesity-related disorders, such as heart diseases, diabetes, stroke, etc., also increased in the region. Europe was the second largest market in 2018 followed by the Asia Pacific. The Asia Pacific weight management market is anticipated to grow significantly through the forecast time period, owing to changing lifestyles, increased governmental support, rising obesity prevalence, and unmet medical needs of the regional population.

Some key players of the global weight management market are Herbalife International, Inc., NutriSystem, Inc., Weight Watchers International, Inc., eDiets.com, Brunswick Corporation, Ethicon US, LLC, Ethicon Endo-Surgery, Inc., and Gold's Gym.

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