The global weight loss and weight management market size is likely to project a CAGR of 6.1% during the forecast years 2021-2028. This is ascribed to an increasing obese population and an increase in the incidence of cardiovascular illnesses. Obesity is a long-term health issue that increasingly affects a wider range of people around the world. Experts from all across the world believe the rates have risen to the point that obesity has become an epidemic.

Maintaining healthy weight is essential for ensuring good health. The quantity and quality of foods consumed play an important role in losing or maintaining weight. For the past few years, low fat diet was considered as the optimum way of losing weight but recent evidence demonstrate that low fat diets are not useful. Such reporting have resulted in shift of consumers towards different alternatives.

The present and future weight loss and weight management market progress is summarized to conclude the attractiveness of the entire market. Factors such as increase in burden of obesity and related diseases, rising awareness, and increased demand for weight loss and weight management across demographics are key factors driving the market for weight loss and weight management.

Rapid adoption of western culture and dietary habits coupled with lack of physical activity has surged the number of people suffering from obesity. The high prevalence of obesity across the globe is creating increase burden on health systems. For instance, approximately 1/3rd of the world is obese or overweight, leading to growth of chronic diseases in emerging economies. The alarming increase in obesity and the health threats it poses has increased demand for weight loss and weight management equipment and services.

Adroit Market Research report on global weight loss and weight management market gives a holistic view of the market, which includes factors such as market drivers, restraints, opportunities and challenges. The market has been studied for the period 2019 to 2028, with the base year of estimation as 2020 and forecast from 2021 to 2028. The report covers the current status and future traits of the market at global as well as country level. In addition, the study also assesses the market based on Porter's five forces analysis and positions the key players based on their product portfolio, geographic footprint, strategic initiatives and overall revenue. Prominent players operating in the global weight loss and weight management market have been studied in detail.

Based on equipment, the global weight loss and weight management market is primarily segmented into surgical equipment and fitness equipment. Surgical equipment accounted for more than 90% of the global market in 2020 and is likely to continue to its dominance throughout the forecast period. The majority of surgeries are performed on severely obese patients who have failed to lose weight through diet. On the basis of diet, beverages segment led the weight loss and weight management market in 2020. The rising obese population, growing focus on fitness and diet along with increased spending are major factors driving the segment.

Asia Pacific is anticipated to grow at a rapid pace during the forecast period. Presence of large obese population, rising prevalence of type 2 diabetes in nations like China, India, and other emerging economies will represent prospective markets for weight loss and management services in the coming years. Rising demand within the region on account of increasing awareness and initiatives is expected to increase the penetration of weight loss and weight management in highly populous countries.

The major players of the global weight loss and weight management market are Covidien, Nutrisystem, Inc., Herbalife Nutrition Ltd., Apollo Endosurgery, Inc., Amer Sports, WW International, Inc., Technogym S.p.A, Johnson Health Tech. Co. Ltd., Ethicon, Inc., eDiets.Com Inc., Kellogg Co., Jenny Criag, Inc. and Gold's Gym among others. Due to the existence of a large number of companies on a regional basis, the global weight loss and weight management market is highly fragmented. In terms of surgical operations, a few hospitals specialise in bariatric surgery.

Key Segments of the Global Weight Loss and Weight Management Market

Equipment Overview, 2019-2028 (USD Billion)

• Surgical Equipment
  • Noninvasive Surgical Equipment
    • Endobarrier Devices
    • Stomaphyx
    • Intragastric Balloon Systems
    • Endosuturing Devices
    • Others (Fat Freezing, AspireAssist, Ultrasonic Weight Loss Treatment, and Accent XL Therapy)
  • Minimally-invasive Surgical Equipment
    • Laparoscopic Sleeve Gastrectomy Equipment
    • Biliopancreatic Diversion Surgery/Duodenal Switch Equipment
    • Gastric Bypass Surgery Equipment
    • Laparoscopic Adjustable Gastric Banding Systems
    • Revision Surgery Equipment
• Fitness Equipment
  • Strength Training Equipment
    • Plate-Loaded Equipment
    • Multistation Equipment
    • Single-Station Equipment
    • Accessories
    • Free Weights
    • Benches and Racks
  • Body Composition Analyzers
  • Fitness Monitoring Equipment
  • Cardiovascular Training Equipment
    • Elliptical Trainers
    • Rowing Machines
    • Treadmills
    • Stationary Cycles
    • Stair Steppers
    • Other Cardiovascular Training Equipment

Diet Overview, 2019-2028 (USD Billion)

• Beverages
  • Herbal Tea
  • Diet Soft Drinks
  • Slimming Water
  • Other Low-Calorie Beverages
• Meals
  • Low-Calorie Sweeteners
  • Organic Food
  • Meal Replacements
  • Low-Calorie Food
• Supplements
  • Fiber Supplements
  • Conjugated Linoleic Acid (CLA)
  • Protein Supplements
  • Green Tea Extract

Service Overview, 2019-2028 (USD Billion)

• Slimming Centers and Commercial Weight Loss Centers
• Online Weight Loss Programs
• Fitness Centers and Health Clubs
• Consulting Services

Regional Overview, 2019-2028 (USD Billion)

North America

• U.S.
• Canada

Europe

• UK
• Spain
• Germany
• Italy
• France
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• South Korea
• Australia & New Zealand
• Rest of Asia Pacific

South America

• Brazil
• Mexico
• Argentina
• Rest of South America

Middle East and Africa

• GCC
• South Africa
• Rest of Middle East and Africa