Press release
Weight Management Market 2018 Top 10 Companies are Weight Watchers, Jenny Craig, VLCC Healthcare Ltd., Slimming World, Golds Gym International, DUKE DIET AND FITNESS CENTER, 24 Hour Fitness, Equinox, LIFETIME FITNESS
Global Weight Management Market
The Weight Management market accounted to USD 152.6 billion in 2016 growing at a CAGR of 6.7% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Some of the major players operating in weight management market are:-
Weight Watchers International, Inc.,
Jenny Craig,
VLCC Healthcare Ltd.,
Slimming World,
The Gold’s Gym International,
Duke Diet & Fitness Center,
24 hours Fitness,
Equinox, Inc,
Life Time Fitness Inc,
Fitness First Group,
Town Sports International Holdings, Inc,
Herbalife International, Inc.,
NutriSystem, Inc.,
Brunswick corporation,
Ethicon US, LLC,
among others
Major Market Drivers and Restraints:
Growing prevalence of obese population
Rising awareness regarding health and fitness
Government initiatives for promoting good health
Technological advancements
Increase in the number of chronic diseases
High disposable income
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Market Segmentation:
By Diet the market for weight management is segmented into meals, beverages and supplements. Meals are further segmented into meal replacements, low calorie diet and low calorie sweeteners. Beverages are segmented into low calorie beverages/ diet soft drinks, herbal tea/ green tea, slimming water and other low calorie beverages. Supplements are segmented into fiber, protein, green tea extract and conjugate linoleic acid.
By Equipment the market for weight management is segmented into fitness equipment and surgical equipment Fitness equipment is segmented into cardiovascular training equipment and strength training equipment. Cardiovascular training equipment is further sub-segmented into treadmills, elliptical trainers, stationery cycles, rowing machines, stair steppers and others. Strength training equipment is further segmented into single stations, plate loaded, free weights, benches & racks, multistation and accessories. Surgical equipment is segmented into minimally invasive and non invasive surgical equipment. Minimally invasive equipment is further sub segmented into gastric bypass, laparoscopic gastric banding systems, laparoscopic sleeve gastrectomy, biliopancreatic diversion surgeries and revision surgeries. Non-invasive surgical equipment is further sub segmented into intragastric balloon system, endobarrier, endoscopic suturing and stomaphy X.
By Service the weight management market is segmented into fitness centers, slimming centers, consulting services and online weight loss programs.
On the basis of geography, weight management market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, andBrazil among others. In 2017, North America is expected to dominate the market.
Competitive Analysis:
The Weight Management market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of weight management market for global, Europe, North America, Asia Pacific and South America.
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