Weight Management Market Size, Share, And Growth Report 2032

Weight Management Market: Size

The global Weight Management Market size was worth around USD 157.18 billion in 2023 and is predicted to grow to around USD 364.60 billion by 2032 with a compound annual growth rate (CAGR) of roughly 9.8% between 2024 and 2032.

The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD billion). The report covers a forecast and an analysis of the Weight Management Market on a global and regional level.

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Weight Management Market: Overview

Weight management is the method of accepting extended changes in the lifestyle for maintaining a healthy body mass based on the age, gender, and height of an individual. With obesity as well as overweight rising enormously among the global population, the need for weight management activities is likely to increase over the forthcoming years. According to NCBI, in 2016, nearly 1.9 billion from among the adult populace was found to be overweight with nearly 650 million from this overweight population to be obese. Furthermore, NIH researchers also observed that this overweight adult population is prone to type 2 diabetes, heart ailments, obstructive sleep apnea, fatty liver disorder, and musculoskeletal ailment along with many kinds of cancer. This also results in reduction in life quality along with raising the need for proficient weight management activities.  

Weight Management Market: Growth Factors

The swift evolution of electronic health systems as well as mobile health systems is likely to aid the growth of weight management industry over the forecasting timeframe. Apart from this, digitization of healthcare services has promptly addressed the need of lifestyle modification for resolving the obesity issues of the people and this will create bulge the market size. In addition to this, growing integration of smart technology, AI, IoT, and Big Data and healthcare activities will further amplify the expansion of the weight management industry over the forecast timespan. Growing cases of obesity resulting in high blood pressure, heart failures, and orthopedic disorders will proliferate the market proceeds over the assessment period.

Moreover, the Centers for Disease Control (CDC) has reported that about 29.1 million adult populace in the U.S. are affected due to type 2 diabetes mellitus. From among this, 8.1 million of the U.S. adult population goes undiagnosed. Apparently, it has been observed that rise in the proportion of obesity has resulted in occurrence of type 2 diabetes mellitus with two-third of the U.S. adult population found to be obese and hence prone to the type 2 diabetes mellitus ailment. In addition to this, diabetes prevention program tests conducted by CDC in the U.S. found a substantial loss in weight among the obese adult population after the latter went through lifestyle intervention, thereby averting the risk of getting type 2 diabetes mellitus. All such moves are anticipated to chart a profitable growth map for the weight management industry over the forthcoming years. Furthermore, commercial weight reducing programs in the U.S. as well as other nations will make notable contributions towards the market proceeds in the years ahead. Additionally, need for reducing type 2 diabetes mellitus management costs will assist in lucrative surge of the business over the forecasting timeline.

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Weight Management Market: Segmentation

The global weight management market is segmented on the basis of the diet, equipment, and service.

Based on a diet, the market is segmented into meals, beverages, and supplements. The meals segment is expected to register the highest growth rate over the forecast time period, due to the high adoption of low-calorie food and raising awareness about lifestyle-related diseases.

By equipment, the market includes fitness equipment and surgical equipment. The surgical equipment is bifurcated into minimally invasive/bariatric equipment and non-invasive surgical equipment. The fitness equipment segment is further classified into cardiovascular training equipment, strength training equipment, and others.

By service, the market is segmented into slimming centers, fitness centers, consultation services, and online weight loss services. Slimming centers are estimated to show the highest CAGR in the global weight management market.

Weight Management Market: Report Scope

Weight Management Market: Regional Analysis

The expansion of the market in North America over assessment timeframe is owing to rise in the obsese population in the countries like the U.S. In addition to this, growing awareness among the people to stay fit and healthy will culminate in more demand for weight management activities. Apparently, change in the lifestyles has translated in inflation in the rate of obese population across the countries like Canada and the U.S. This, in turn, has paved a way for the demand in the weight management programs to control overweight, thereby driving the regional market trends.

By region, North America is anticipated to remain the leading region over the forecast period as well. In 2016, the prevalence of obesity in the U.S. was 39.8% and affected about 93.3 million of the adult population. Moreover, obesity-related disorders, such as heart diseases, diabetes, stroke, etc., also increased in the region. Europe was the second largest market in 2023 followed by the Asia Pacific. The Asia Pacific weight management market is anticipated to grow significantly through the forecast time period, owing to changing lifestyles, increased governmental support, rising obesity prevalence, and unmet medical needs of the regional population.

Weight Management Market: Competitive Players

Key players leveraging the business growth include:

• Diets.com
• Ethicon Endo-Surgery Inc.
• Herbalife International Inc.
• Ethicon US LLC
• NutriSystem Inc.
• Weight Watchers International Inc.
• Brunswick Corporation
• Gold's Gym.

The Global Weight Management Market is segmented as follows:

Global Weight Management Market: Diet Analysis

• Meals
• Beverages
• Supplements

Global Weight Management Market: Equipment Analysis

• Fitness Equipment
  • Cardiovascular Training Equipment
  • Strength Training Equipment
  • Others
• Surgical Equipment
  • Minimally Invasive/Bariatric Equipment
  • Non-Invasive Surgical Equipment

Global Weight Management Market: Service Analysis

• Fitness Centers
• Slimming Centers
• Consultation Services
• Online Weight Loss Services

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa