08-Mar-2019 | Zion Market Research
Zion Market Research has published a new report titled “Weight Management Market by Diet (Meals, Beverages, and Supplements), by Equipment (Fitness and Surgical), and by Service (Fitness Centers, Slimming Centers, Consultation Services, and Online Weight Loss Services): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global weight management market was valued at approximately USD 212.1 billion in 2018 and is expected to generate around USD 348.1 billion by 2025, at a CAGR of around 7.3% between 2019 and 2025.
Over the last two decades, the prevalence of obesity among adolescents and children has risen significantly. It is projected that around 16% of adults and children are overweight, which signifies that the rate has doubled among the children and tripled among adolescents. The rising prevalence of obesity and overweight is a serious concern for the public healthcare system as excess body fat results in a greater risk for Type 2 diabetes, hypertension, premature death, respiratory dysfunction, osteoarthritis, dyslipidemia, stroke, gall bladder diseases, cardiovascular diseases, gout, cancer, etc. Cardiovascular disease is a prominent cause of death in Western countries. Living a torpid lifestyle, unhealthy eating habits, stress, lack of sleep, etc. are considered as the major driver of cardiovascular disorders globally, which, in turn, is fuelling the global weight management market.
Browse the full “Weight Management Market by Diet (Meals, Beverages, and Supplements), by Equipment (Fitness and Surgical), and by Service (Fitness Centers, Slimming Centers, Consultation Services, and Online Weight Loss Services): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at https://www.zionmarketresearch.com/report/weight-management-market
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 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 beverages segment is estimated to hold a major share of the global weight management market in the future, owing to the increasing diabetic patient pool globally.
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. The fitness equipment segment is anticipated to register the highest CAGR in global weight management market, owing to the increasing accessibility to gyms and continuous advancements in fitness equipment.
By service, the market is segmented into slimming centers, fitness centers, consultation services, and online weight loss services. Fitness centers are estimated to dominate the global weight management market over the forecast time period, owing to a large number of services provided by fitness centers along with high success. Online weight loss services are anticipated to grow significantly 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.
This report segments the global weight management market into:
Global Weight Management Market: Diet Analysis
Global Weight Management Market: Equipment Analysis
Global Weight Management Market: Service Analysis
Global Weight Management Market: Regional Analysis
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