Surge In Aging Population Drives Growth In The Weight Loss Services Market Driving Market Acceleration in the Weight Loss Services Industry, 2025

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How Large Will the Weight Loss Services Market Size By 2025?
The market size for weight loss services has seen significant growth in the past few years. The projected growth will see an increase from $16.81 billion in 2024 to $18.11 billion in 2025, indicating a compound annual growth rate (CAGR) of 7.7%. The factors contributing to this increase during the historical period include the shifting societal views on body image, the launch of commercial weight loss programs, expansion of the fitness and wellness industry, as well as evolving trends in lifestyle and dieting.

How Big Is the Weight Loss Services Market Size Expected to Grow by 2029?
The market for weight loss services is anticipated to experience significant expansion in the upcoming years, with projections estimating its value at $26.72 billion in 2029, showing a compound annual growth rate (CAGR) of 10.2%. This predicted growth within the forecast period can be linked to the increased use of telehealth and remote services, advancements in wearable health technology, a heightened focus on mental health and behavioral well-being, the broadening of wellness and prevention programs, and a shift in attention towards preventive health solutions. Notable trends expected within the forecast period encompass the development of corporate wellness programs, a focus on sustainable and lasting results, the employment of behavioral change techniques, and scientific breakthroughs in nutrition and exercise physiology.

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Which Key Market Drivers Powering Weight Loss Services Market Expansion and Growth?
The weight loss services market's progression is anticipated to be propelled by the increasing elderly population. This escalation in the elderly population is attributed to modifications in the age demography of the population. Weight loss services assist older individuals, who are often overweight or obese due to age-related physical changes, such as a gradual increase in fat mass and a decrease in lean mass and bone density. For example, the United Nations Department of Economic and Social Affairs reported that by 2030, as predicted by the World Health Organization (A Switzerland-based Intergovernmental organization) in October 2022, one in every six people worldwide would be at least 60 years old. During this period, those aged 60 and above in the global population are expected to increase from 1 billion in 2020 to 1.4 billion. Additionally, by 2050, the worldwide population of those aged 60 and above is predicted to double, hitting 2.1 billion. This increase in the elderly population is subsequently steering the advancement of the weight loss services market.

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Which Fast-Growing Trends Are Poised to Disrupt the Weight Loss Services Market?
The weight loss services market is witnessing a significant trend of embracing technological advancements. Key players in the weight loss products and services sector are leveraging cutting-edge technology to maintain their market standing. For example, in September 2024, fitness equipment companies NordicTrack and ProForm, both based in the US, introduced a series of intelligent fitness devices featuring an interactive AI coach and an updated operating system. iFIT's most recent offering includes a diverse array of new fitness devices, such as treadmills, bikes, ellipticals, and a rower - marking the company's most extensive product launch. The product range begins with the X24 Incline Treadmill priced at $3,999 and extends to the ProForm Carbon Pro 2000 Treadmill priced at $1,499. All these products boast enhanced screens, quicker processors, and are equipped with the new iFIT software. This software includes an updated operating system and features an AI Coach - currently under testing - intended to provide users a customized and engaging fitness experience while promoting healthy habits and ensuring accountability.

What Are the Emerging Segments in the Weight Loss Services Market?
The weight loss servicesmarket covered in this report is segmented -

1) By Service: Slimming Centers, Fitness centers, Consulting services, Weight loss programs
2) By Equipment: Fitness Equipment, Surgical equipment
3) By Diet: Meal, Beverages
4) By Medications: Drugs, Supplements

Subsegments:
1) By Slimming Centers: Weight Management Clinics, Medical Weight Loss Centers
2) By Fitness Centers: Gyms And Health Clubs, Personal Training Services, Group Fitness Classes
3) By Consulting Services: Nutrition Counseling, Lifestyle Coaching, Online Consultation Services
4) By Weight Loss Programs: Structured Meal Plans, Online Weight Loss Programs, Behavioral Therapy Programs

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Who Are the Global Leaders in the Weight Loss Services Market?
Major companies operating in the weight loss services market are Herbalife Nutrition Ltd., NutriSystem Inc., Atkins Nutritionals Inc., Gold's Gym International Inc., Jenny Craig Inc., WW International Inc., Apollo Endosurgery Inc., Ingredion Incorporated, Noom Inc., MyFitnessPal, Medifast Inc., Slimming World, 24 Hour Fitness, Beachbody LLC, Orangetheory Fitness, Retrofit Inc., The Camp Transformation Center, Life Time Fitness, Profile by Sanford, Metabolic Research Center, Dr. G's Weight Loss & Wellness, The Biggest Loser Resort

Which are the Top Profitable Regional Markets for the Weight Loss Services Industry?
North America was the largest region in the weight loss services market in 2024. The regions covered in the weight loss services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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