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Global Weight Management Market – Industry Trends and Forecast to 2024
Press release from: Data Bridge Market Research
PR Agency: Data Bridge Market Research
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.
Also Global Weight Management Market By Diet (Meals, Beverages, Supplements), By Equipment (Fitness Equipment, Surgical Equipment), By Services (Fitness Centers, Consultation Services, Sliming Centers, Online Weight Loss Programs) By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024.
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Global Weight Management Market Definition:
Weight management is the long term way to deal with the sound way of life. Weight management means maintaining a balance between the healthy eating and physical exercise. Fitness equipments like cardiovascular training equipment helps to maintain the weight at a healthy level.
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
Global Weight Management Market Segmentation :
• By Diet the Global Weight Management Market 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.
Global Weight Management 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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Global Weight Management Market Major Market Competitors :
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.
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