Weight management market is expected to grow during the forecast period owing to the rising global prevalence of obesity, rising awareness about fitness and increasing popularity pertaining to organic food. However, alternative prescription based medicines is expected to restrain growth of this market in coming six years.
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Weight management market comprise of fitness and surgical equipments, diet and services. In diet segment, weight loss food is expected to be largest revenue generator sub segment and beverages as most lucrative sub segment. Wearable fitness monitoring equipments are gaining popularity due to advantages associated to it such as user friendly and compact. Fitness centers and slimming centers are expected to have a lucrative growth in coming six years owing to increasing disposable income, change in lifestyle patterns and increasing inclination towards natural therapy. Liposuction is expected to be the fastest growing segment in the forecast period, due to its effectiveness. Globally, North America is expected to be most mature market due increased awareness levels pertaining to fitness amongst people, higher purchasing power and advanced healthcare infrastructure. Europe follows North America owing to presence of larger consumer base. The Asia Pacific region is expected to be the fastest growing region due to rapidly improving healthcare facilities and increasing disposable incomes in emerging economies of China and India.
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The major players of weight management market are Golds Gym International, Brunswick Corporation, Precor, Inc., Atkins Nutritionals, Inc., PepsiCo, Inc., ICON Health & Fitness, Time Fitness, Inc., Ethicon Endo-surgery, Inc., LifeCORE Fitness, Inc., NutriSystem, Inc., Equinox, Inc., Herbalife International, Inc., Cynosure, Inc, eDiets.com, and Allergan, Inc.
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