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Weight Loss and Weight Management Market by Equipment, Surgical Equipment ), Diet And Weight Loss Services - Global Forecast to 2022

Weight Loss and Weight Management Market: Global Forecast until 2022

  • October 2017
  • 189 pages
  • ID: 5166301
In this report:
According to the Canadian Diabetes Association, in 2016, the prevalence rate of diabetes in Canada was ##.##% (##.## million); this figure is expected to increase to ##.##% (##.## million) by 2026.
The fitness centers segment is expected to command the largest share of ~##.##% of the weight loss and weight management market, while, the online weight loss programs segment is expected to register the highest CAGR of ##.##% from 2017 to 2022.

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"Global weight loss and weight management market forecasted to grow at a CAGR (Compound annual growth rate) of 6.90 percent"

The weight loss and weight management market is forecasted to reach ~$245.5B by 2022 from ~$175.9B in 2017, at a compound annual growth rate (CAGR) of 6.90 percent. The growing prevalence of lifestyle diseases, rising number of bariatric surgeries, increasing obesity, and the launch of new and advanced products are driving the increase of this market. On the other hand, industry growth may be hindered due to the high cost of low-calorie diets and deceptive marketing practices.

"Fitness equipment to lead the industry during the estimate period"

By equipment, the weight loss and weight management market is split into fitness equipment and surgical equipment. The fitness equipment segment is forecasted to hold the biggest market share in 2017 and estimated to register the highest CAGR (Compound annual growth rate) during the outlook period. Increasing accessibility to gyms and continuous technological development in equipment are the top factors driving the increase of this segment.

"Beverages segment to hold the largest market share in 2017"

Established on diet, the weight loss and weight management market is divided into meals, beverages, and supplements. The beverages segment is forecasted to dominate this industry, due to the increase of the obese population and growing awareness about nutrition and healthy lifestyles.

"Online weight programs segment to witness high rise during the estimate period"

Established on service, the weight loss and weight management market is broken down into fitness centers, slimming centers, consulting services, and online weight loss programs. The online fitness centers segment is intended to account for the most important share due to rising awareness about health and fitness among the population, which has resulted in a significant growth in the number of health clubs and gyms across the world. The online weight programs segment is expected to register the more significant increase during the outlook period, due to the popularity of online programs offered through Internet subscriptions.

"Asia to witness high rise during the estimate period"

In 2017, North America (NA) is forecasted to account for the biggest share of the market succeeded by EU. Nevertheless, Asia continent is projected to register the highest compound annual growth rate (CAGR) during the outlook period. The important increase in this industry segment is assigned to the growing incidence of obesity and diabetes, sedentary lifestyles, increasing disposable income, and rising awareness about nutrition and healthy lifestyles.

The primary interviews conducted for this business report can be categorized as follows:

• By Company category: Tier 1 - 30.0 percent; Tier 2 - 42.0 percent; Tier 3 - 28%.

• By Description: C-suite - 25.0 percent; D-level - 45.0 percent; Others - 30%.

• By Area: North America continent - 48.0 percent; Europe (EU) - 29.0 percent; Asia area - 19.0 percent; RoW - 4%.

Segment Research

The industry report offers an overview of the weight loss and weight management market. It aims at evaluating the market value and upcoming growth potential of this market across distinct segments including diet, equipment, service, and area. Moreover, the study also comprises a detailed competitive analysis of the top players in the sector together with their company descriptions, recent evolutions, and key industries strategies.

Main highlights

The analysis will facilitate industry top players/new sector entrants in this sector by providing them with the closest approximations of revenues for the global weight loss and weight management market and its sub-segments. This industry report will facilitate partners to comprehend the competitive landscape better and acquire business insights to position their businesses and help firms make suitable go-to-market approaches. The market research also benefits partners comprehend the pulse of the sector and offer them with info concerning main market drivers and alternatives.

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