The global Weight Loss Services Market was appreciated at US$ 11.1 billion during 2017 and is expected to touch US$ 21.1 billion by 2025. It is expected to witness a CAGR of 8.4% during the period of forecast.
This is attributed to an
extensive demand for weight loss services; thanks to increase in health
consciousness coupled with growth in per capita healthcare expenditure. It has
been reported that one of the prime concerns across the globe is “obesity”;
which is, in turn, cause of loads of health complications like cardiovascular
diseases (CVDs), cancers, and diabetes.
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Market Synopsis of Weight Loss Services Market:
Loads of fitness initiatives and
campaigns are being undertaken by key players with regards to raise awareness
about fitness and health. This factor is also expected to drive the weight loss
services market in the near future. North America is the torchbearer; more so
after introduction of “Treat and Reduce Obesity Act 2017” in the U.S. As such,
people are encouraged to adhere to apt diet plan along with resorting to
equipment for exercising.
Market Segmentation:
The global weight loss services
market is segmented based on equipment, service, payment, and geography. By
equipment, the market spans fitness equipment (strength training equipment,
cardiovascular equipment, infrared light therapy equipment, and others) and
surgical equipment (bariatric surgery equipment, non-invasive surgical
equipment).
By type of service, the weight
loss services industry comprises slimming centers, consulting, fitness centers,
surgery, and others. By type of payment, the same market constitutes private
insurance, government, and out of pocket. By geography, the market consists of
North America (Canada, U.S.), Europe (Germany, U.K., Italy, France, Greece,
Spain, and Denmark), Asia Pacific (India, China, and Japan), LATAM (Mexico,
Brazil, and Argentina), and MEA (Saudi Arabia, South Africa, and UAE).
Players:
The players contributing to the
weight loss services market include Nutrisystem, Inc.; WW International, Inc.;
Johnson Health tech; Apollo Endo surgery, Inc.; Diet Health, Inc.; Cynosure,
Inc.; Amer Sports; Herbal Life International, Inc.; and Kellogg Co. Organic
growth is being emphasized on. For instance – Nutrisystem, Inc.; in July 2018,
did introduce an entirely novel line of vitamin packs to South Beach Diet
programs. Prior to that, in Oct 2016, Atkins Nutritionals, in collaboration
with Chef’d, did launch low-carb meal to cate to health conscious customers.
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Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Weight Loss Services:
Market Variables, Trends & Scope
Chapter 4 Weight Loss Services:
Product Estimates & Trend Analysis
Chapter 5 Weight Loss Services:
Application Estimates & Trend Analysis
Chapter 6 Weight Loss Services:
End-use Estimates & Trend Analysis
Chapter 7 Weight Loss Services:
Industrial End-use Estimates & Trend Analysis
Chapter 8 Weight Loss Services:
Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Weight Loss Services:
Manufacturers Company Profiles
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