As the name suggests, weight management is the use of techniques, equipment, changing eating patterns, and other methods to manage one’s weight according to one’s body structure, height, and desires. Weight management methods advocate weight management that is based on gender, age, and height. The growing number of obese and overweight people in the world is one of the main factors driving the market growth. This is due to the large consumption of unhealthy and junk food. The world's most obese countries are China, India, Germany, and the United States.
Global weight loss management market growth is expected to be 6.9%. The main factors driving the global weight loss and management market include an increasing obesity rate, increased number of bariatric surgery, growing use of online weight loss programs and weight management programs, sedentary lifestyle, as well as rising disposable income in emerging economies. There are also increasing government initiatives to raise awareness about obese people. This report aims to describe, forecast, and define the market for weight loss and weight management based on diet (foods, beverages, and supplements), equipment, (Fitness Equipment and Surgical Equipment), and service (Fitness centers and health clubs, slimming centers and commercial weight loss centers, consulting services, online weight loss programs, and other factors).
Market growth can be attributed mainly to rising bariatric surgery volumes, increased adoption of online weight loss and management programs, growing disposable income levels, government initiatives to create awareness about weight management, and increasing cases of obesity caused by sedentary lifestyles. The Institute of Health Metrics and Evaluation estimates that 30.0% of the global population is either overweight or obese. Obesity is a huge problem for both the rich and the poor. Market growth is also driven by the increasing importance placed on improving the quality of healthcare facilities and overall infrastructure. There are more lucrative market opportunities thanks to the increasing number of partnerships between private and public players involved in funding and applying new technology.
FutureWise Market Research has instantiated a report that provides an intricate analysis of Health and Weight Management Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.
According to the research study conducted by FutureWise research analysts, the Health and Weight Management Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.