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The Weight Loss Services Market To Get Going With Healthcare Mobile Apps

08-29-2022 09:07 AM CET | Health & Medicine

Press release from: Persistence Market Research

The Weight Loss Services Market To Get Going With Healthcare

Being overweight and obese refers to excess body fat and is associated with weight-to-height gain. Obesity is a medical term used when excess fat accumulates in the body. It can have numerous adverse health effects, which increase the likelihood of disease and ultimately shorten an individual's life expectancy.

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A weight loss provider includes any company that offers a product or service that specifically targets a weight loss solution. The company offers traditional weight loss advice and counseling services, as well as a variety of food and beverages for people wanting to lose weight.

The focus of consumers is to move away from calorie counting and towards a sustainable and healthy lifestyle. Doctors and health insurance providers aren't shy about pitching weight loss with preventive health care. As a niche weight loss business, medical weight loss initiatives have paid off and will continue to do so.

The increasing rate of obesity and chronic disease is creating a need for weight loss programs and obesity management. Growing health problems, high disposable incomes and technological advancements are driving the growth of this market. The availability of cheap substitutes and expensive customization is limiting the growth of this market.

The rising rate of obesity in children provides significant growth opportunities for players in the weight loss and services market. Other prominent market drivers include weight gain for consumers and increased disposable income for people in developing countries.

However, a number of long and erroneous claims mislead the general public about the effectiveness of certain services. These unfounded loss claims and misleading warranties restrain the market growth of the global weight loss services market.

Weight Loss Services Market: Segmentation
By service type
• fitness club
• slimming center
• Nutrition and Psychological Counseling Services
• Etc

By region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East and Africa

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According to the World Health Organization (WHO) estimates, more than 1.4 billion adults over the age of 20 are overweight and obese. Obesity not only leads to loss of self-confidence for obese people, but it is also a big health problem.

Being overweight puts you at risk for a number of diseases, including cardiovascular (CVD), type 2 diabetes, stroke and possibly cancer. Obesity and weight gain have become one of the top concerns in developed countries, including the United States, as young people increasingly adopt sedentary lifestyles.

Geographically, North America and Europe were the largest play areas for players in this market. In the United States, the market for weight loss services is booming with coverage of obesity screening and counseling under the Obama Care Act.

According to the Health & Social Care Information Center, obesity levels in the UK increased dramatically between 1993 and 2011. Obesity and overweight populations continue to rise even in OECD countries.

The OECD's 'Economics of Obesity and Prevention: Fit or Fat' report presents the scale of the obesity epidemic and recommends that countries create policies to prevent the consequences of obesity on national health and economy. Therefore, the weight loss services market is expected to grow continuously in the short term.

However, as the economy of the Asia-Pacific region is growing at a rapid pace, more and more people are becoming obese due to the lifestyle changes of people in the region. This provides lucrative opportunities for market players in untapped regional markets.

The major market players in the weight loss services market are Northcastle Partners, NutriSystem, Inc., Weight Watchers International, Inc., Jenny Craig, Inc., Medifast, Inc., BistroMD, Inc. and Rosemary Conley Diet & Fitness Clubs. .

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This market is highly competitive in developed countries where several multinational and local players exist simultaneously. NutriSystem, Inc. is one of the leading providers of meal replacements and weight loss supplements.

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