Weight Management Market, By Weight Loss Products Type (Dietary Products, Drugs & Supplements, and Cosmetics), By Fitness Equipment Type (Cardio Training Equipment, Strength Training Equipment, Body Composition Analyzers, and Fitness Monitoring Equipment), By Surgical Services Type (Invasive Surgeries, And Non-Invasive Surgeries) - Growth, Future Prospects, And Competitive Analysis, 2016 - 2024

The report titled “Weight Management Market- Growth, Future Prospects, and Competitive Analysis, 2016 – 2024” offers strategic insights into the overall weight management market along with the market size and estimates for the duration 2014 to 2024. The said research study covers in-depth analysis of multiple market segments based on type of weight loss products, fitness equipment, surgical services and different geographies. Weight management market is a dynamic market; the companies are expected to keep in the mind that people nowadays are watching weight rather than dieting. Hence, the products should be positioned in the market as fitness contributors. The market potential is increasing with introduction of novel products, treatments and fitness equipments. According to the World Health Organization (WHO), there are more than 1.4 billion overweight and obese adults 20 years or older.  However, the most worrisome is the growing number of children who are considered overweight in the world. 

For the purpose of this study, the global weight management market on the basis of weight loss products is segmented into dietary products, drugs & supplements and cosmetics. The dietary products segment is further sub-segmented into low calorie carbonated drinks, green tea/herbal tea, natural mineral salt drinks, sugar-free confectioneries, low-calorie ice-cream, low-calorie ready meals, low-calories frozen & chilled ready meals, and meal replacement. Drugs & supplement segment is further sub-segmented into pharmaceuticals, nutraceuticals and herbal drugs. Cosmetics segment covers market of slimming creams and serums. Market size estimates and forecast for these segments for the period 20 14 to 2024 are provided in terms of USD Mn along with the respective compounded annual growth rates (CAGRs) for the period 2016 to 2024, considering 2015 as the base year.

On the basis of fitness equipment type global weight management market is segmented as cardio training equipment, strength training equipment, body composition analyzers, and fitness monitoring equipment. The cardio training equipment segment is further sub-segmented as treadmills, elliptical, rowing machines, stair steppers, and stationery cycles. Strength training equipment segment is sub-segmented as free weights, single stations, multistations, plate loaded, benches and racks, and accessories. Market size estimates and forecast for these segments for the period 2014 to 2024 are provided in terms of USD Mn along with the respective compounded annual growth rates (CAGRs) for the period 2016 to 2024, considering 2015 as the base year.

The surgical services market in global weight management market is segmented as invasive and non-invasive surgeries. The invasive surgery segment is further sub-segmented as bariatric surgery, and liposuction. Non-invasive surgery segment is sub-segmented as weight loss balloon system, fat freezing procedure, AspireAssist, Ultrasonic, and Accent XL therapy. Market size estimates and forecast for these segments for the period 2014 to 2024 are provided in terms of USD Mn along with the respective compounded annual growth rates (CAGRs) for the period 2016 to 2024, considering 2015 as the base year

The weight management market has been geographically categorized into major regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further split to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, Brazil, and GCC countries. Market size and forecast for these segments during 2014 to 2024 and their CAGRs for the period 2016 to 2024 are provided in this report.

The weight management market is observed as the most diversified and competitive market comprising large number of players providing fitness equipments, surgical services and weight loss products.  Key players in the weight loss management market, by products, include Atkins Nutritionals, Inc., Herbalife Ltd., NutriSystem, Inc., Kellogg Company, Abbott Nutrition, Mars, Inc. and Unilever. In weight loss equipments market Covidien plc, Olympus Corporation, Ethicon, Inc., and Apollo Endosurgery are some of the major players in the equipment market. The fitness equipment market comprises key players such as Brunswick Corporation, Technogym SpA, Amer Sports, Cybex International, and Johnson Health Technology, Ltd. The key players present in the services market include Weight Watchers International, Inc., VLCC Healthcare Ltd., Slimming World, 24 hours Fitness, Jenny Craig, Equinox, Inc., Duke Diet & Fitness Center,eDiets.com, The Gold’s Gym International, Fitness First Group, Town Sports International Holdings, Inc., and Life Time Fitness, Inc.

For the purpose of this study, the global weight management market is categorized into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America (LATAM)
  • Middle East and Africa (MEA)

Weight Management Market

In base year 2015, North America accounted for 45.4% and expected to retain its dominance throughout the forecast period. The key factors assisting the growth of North America market are rising obese population, high awareness generated in young and working population against weight loss or maintenance, and increasing number of gyms, home exercise equipments and exposure to motivating information on social network or mobile apps. According to Centers for Disease Control and Prevention (CDC), in the U.S. non-Hispanic blacks have the highest age-adjusted rates of obesity (48.1%) followed by Hispanics (42.5%), non-Hispanic whites (34.5%), and non-Hispanic Asians (11.7%). Obesity is higher among middle age adults age 40-59 years (40.2%) and older adults age 60 and over (37.0%) than among younger adults age 20–39 (32.3%). During the forecast period 2016 – 2024, Asia-Pacific was the fastest growing region due to factors such as, growing economy, rising standard of living coupled with high awareness associated with obesity, and changing lifestyle and food habits are boosting the rate of obesity in children and teenagers. In Asia-Pacific, weight management market is expected to face a few challenges such as stringent regulations, safety issues related with the products, higher unit price, and increasing competition with other health and wellness products especially alternative Chinese and Ayurvedic products.

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Published Date:  Dec 2016
Category:  Medical Devices
Report ID:   58297
Report Format:   PDF
Pages:   120
Rating:    4.1 (40)
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