Weight Loss Services Market – Global Industry Analysis and Forecast (2023-2029)

Weight Loss Services Market size is expected to reach US$ 30.67 Bn. by year 2029 at a CAGR of 9.10% during the forecast period.

Weight Loss Services Market Overview:

Overweight or obesity is the major rising concern worldwide. Weight-loss suppliers are any businesses that sell products or services that are specifically designed to help people lose weight. Companies sell a range of foods and drinks aimed at those looking to lose weight, in addition to conventional weight loss tips and therapy services. Weight Loss Services MarketTo know about the Research Methodology :- Request Free Sample Report

Weight Loss Services Market Dynamics:

The prevalence of the obese population is the major factor driving the growth of the global Weight Loss services market. According to the World Health Organization (WHO) estimates more than 1.4 billion adults 20 years or older are overweight and obese. Obesity leads to a number of complications such as diabetes, cardiovascular diseases and cancers. Growing per capita healthcare expenditure and health consciousness as a result of rising cases of obesity increases the demand for the weight loss services market. Along with this, various fitness campaigns and initiatives carried out by major market players and the government for raising awareness about health & fitness are expected to propel the market growth. For instance, in the U.S., Campaign to End Obesity has introduced the Treat and Reduce Obesity Act 2017 to encourage people to follow a proper diet plan and use various equipment for exercise. Major market players are focusing on the Development of technologically advanced products to promote weight loss services. However, a significant number of exaggerated and misleading statements deceive the general public about the efficacy of specific weight loss programmes. This factor may hamper the market growth. Various initiatives to introduce more innovative ways for weight loss, such as Zumba, sports-specific performance training, aquatic exercise classes, and the introduction of new weight loss supplements also contribute to the market growth. The report has profiled fifteen key players in the market from different regions. However, the report has considered all market leaders, followers and new entrants with investors while analyzing the market and estimation the size of the same. Increasing R&D activities in each region are different and focus is given on the regional impact on the cost, availability of advanced technology are analyzed and report has come up with recommendations for a future hot spot in APAC region.

Weight Loss Services Market Segment Analysis:

The Global Weight Loss Services Market is segmented on the basis of Service Type, Equipment Type and Payment Type. Based on Service Type, consulting services segment is expected to hold a dominant share during the forecast period. The segment growth is attributed owing to various initiatives undertaken by key players. Also, the cost-effectiveness of these services impacts positively on the market growth. Growing cases of obesity and increasing awareness about fitness result in increased demand for fitness centres. Based on Equipment Type, Fitness equipment is expected to be the fastest-growing market over the forecast period. People's growing understanding of health and fitness is having a positive effect on the industry. In addition, the segment is expected to be driven by the advancement of wearable technology and the integration of various smart devices into fitness equipment. The fitness equipment market is expected to grow even further. Over the forecast years, cardiovascular equipment is projected to rise at the fastest pace. This growth can be attributed to a number of factors, including ongoing initiatives by major corporations and the introduction of new technology into cardiovascular training equipment, especially in commercial clubs, health clubs, and gyms.

Weight Loss Services Market Regional Insights:

North America is expected to account for the largest market share over the forecast years. The region is expected to witness lucrative growth owing to increasing cases of obesity and diabetes in the region. Growing awareness regarding following a healthy lifestyle and the presence of key companies are expected to drive the regional market in the next few years. The U.S. held the largest share on account of the presence of leading firms, such as Atkins Nutritionals, and Herbalife, and the rising prevalence of obesity and diabetes. The report also helps in understanding the Global Weight Loss Services Market dynamics, structure by analyzing the market segments and project the Global Weight Loss Services Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Weight Loss Services Market make the report investor’s guide.

Weight Loss Services Market Scope: Inquire before buying

Global Weight Loss Services Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 16.67 Bn.
Forecast Period 2023 to 2029 CAGR: 9.10% Market Size in 2029: US $ 30.67 Bn.
Segments Covered: by Services Type Fitness Clubs Slimming Centers Consulting Services Surgery
by Equipment Type  Fitness Equipment Cardiovascular Equipment Strength Training Equipment Infrared Light Therapy Equipment Others Surgical Equipment Bariatric Surgery Equipment Non-invasive Surgical Equipment
by Payment Type Government Private Insurance Out of Pocket

Weight Loss Services Market, by Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)

Weight Loss Services Market Key Players

1. Northcastle Partners 2. Nutri System, Inc. 3. Weight Watchers International, Inc. 4. Jenny Craig, Inc. 5. Medifast, Inc. 6. BistroMD, Inc. 7. Rosemary Conley Diet & Fitness Clubs 8. Hebalife International Inc. 9. Brunswick Corporation 10.Ethicon Endo-surgery Inc. 11.Medtronic Inc. 12.Kellogg Company 13.Apollo Endosurgery Inc. 14.Cyber International Inc. 15.Johnson & Johnson Frequently Asked Questions: 1. Which region has the largest share in Global Weight Loss Services Market? Ans: North America region held the highest share in 2022. 2. What is the growth rate of Global Weight Loss Services Market? Ans: The Global Market is expected to grow at a CAGR of 9.10% during forecast period 2023-2029. 3. What is scope of the Global market report? Ans: Global Market report helps with the PESTE L, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global market? Ans: The important key players in the Global Market are – Northcastle Partners, NutriSystem, Inc., Weight Watchers International, Inc., Jenny Craig, Inc., Medifast, Inc., BistroMD, Inc., Rosemary Conley Diet & Fitness Clubs, Hebalife International Inc., Brunswick Corporation, Ethicon Endo-surgery Inc., Medtronic Inc., Kellogg Company, Apollo Endosurgery Inc., Cyber International Inc., and Johnson & Johnson 5. What is the study period of this market? Ans: The Global Market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Weight Loss Services Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Weight Loss Services Market 3.4. Geographical Snapshot of the Weight Loss Services Market, By Manufacturer share 4. Global Weight Loss Services Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Weight Loss Services Market 5. Supply Side and Demand Side Indicators 6. Global Weight Loss Services Market Analysis and Forecast, 2022-2029 6.1. Global Weight Loss Services Market Size & Y-o-Y Growth Analysis. 7. Global Weight Loss Services Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Services Type, 2022-2029 7.1.1. Fitness Clubs 7.1.2. Slimming Centers 7.1.3. Consulting Services 7.1.4. Surgery 7.2. Market Size (Value) Estimates & Forecast By Equipment Type, 2022-2029 7.2.1. Fitness Equipment 7.2.1.1. Cardiovascular Equipment 7.2.1.2. Strength Training Equipment 7.2.1.3. Infrared Light Therapy Equipment 7.2.1.4. Others 7.2.2. Surgical Equipment 7.2.2.1. Bariatric Surgery Equipment 7.2.2.2. Non-invasive Surgical Equipment 7.3. Market Size (Value) Estimates & Forecast By Payment Type, 2022-2029 7.3.1. Government 7.3.2. Private Insurance 7.3.3. Out of Pocket 8. Global Weight Loss Services Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Weight Loss Services Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Services Type, 2022-2029 9.1.1. Fitness Clubs 9.1.2. Slimming Centers 9.1.3. Consulting Services 9.1.4. Surgery 9.2. Market Size (Value) Estimates & Forecast By Equipment Type, 2022-2029 9.2.1. Fitness Equipment 9.2.1.1. Cardiovascular Equipment 9.2.1.2. Strength Training Equipment 9.2.1.3. Infrared Light Therapy Equipment 9.2.1.4. Others 9.2.2. Surgical Equipment 9.2.2.1. Bariatric Surgery Equipment 9.2.2.2. Non-invasive Surgical Equipment 9.3. Market Size (Value) Estimates & Forecast By Payment Type, 2022-2029 9.3.1. Government 9.3.2. Private Insurance 9.3.3. Out of Pocket 10. North America Weight Loss Services Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Weight Loss Services Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Services Type, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Equipment Type, 2022-2029 11.3. Market Size (Value) Estimates & Forecast By Payment Type, 2022-2029 12. Canada Weight Loss Services Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Services Type, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Equipment Type, 2022-2029 12.3. Market Size (Value) Estimates & Forecast By Payment Type, 2022-2029 13. Mexico Weight Loss Services Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Services Type, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Equipment Type, 2022-2029 13.3. Market Size (Value) Estimates & Forecast By Payment Type, 2022-2029 14. Europe Weight Loss Services Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Services Type, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Equipment Type, 2022-2029 14.3. Market Size (Value) Estimates & Forecast By Payment Type, 2022-2029 15. Europe Weight Loss Services Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Weight Loss Services Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Services Type, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Equipment Type, 2022-2029 16.3. Market Size (Value) Estimates & Forecast By Payment Type, 2022-2029 17. France Weight Loss Services Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Services Type, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Equipment Type, 2022-2029 17.3. Market Size (Value) Estimates & Forecast By Payment Type, 2022-2029 18. Germany Weight Loss Services Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Services Type, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Equipment Type, 2022-2029 18.3. Market Size (Value) Estimates & Forecast By Payment Type, 2022-2029 19. Italy Weight Loss Services Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Services Type, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Equipment Type, 2022-2029 19.3. Market Size (Value) Estimates & Forecast By Payment Type, 2022-2029 20. Spain Weight Loss Services Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Services Type, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Equipment Type, 2022-2029 20.3. Market Size (Value) Estimates & Forecast By Payment Type, 2022-2029 21. Sweden Weight Loss Services Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Services Type, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Equipment Type, 2022-2029 21.3. Market Size (Value) Estimates & Forecast By Payment Type, 2022-2029 22. CIS Countries Weight Loss Services Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Services Type, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Equipment Type, 2022-2029 22.3. Market Size (Value) Estimates & Forecast By Payment Type, 2022-2029 23. Rest of Europe Weight Loss Services Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Services Type, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Equipment Type, 2022-2029 23.3. Market Size (Value) Estimates & Forecast By Payment Type, 2022-2029 24. Asia Pacific Weight Loss Services Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Services Type, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Equipment Type, 2022-2029 24.3. Market Size (Value) Estimates & Forecast By Payment Type, 2022-2029 25. Asia Pacific Weight Loss Services Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Weight Loss Services Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Services Type, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Equipment Type, 2022-2029 26.3. Market Size (Value) Estimates & Forecast By Payment Type, 2022-2029 27. India Weight Loss Services Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Services Type, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Equipment Type, 2022-2029 27.3. Market Size (Value) Estimates & Forecast By Payment Type, 2022-2029 28. Japan Weight Loss Services Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Services Type, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Equipment Type, 2022-2029 28.3. Market Size (Value) Estimates & Forecast By Payment Type, 2022-2029 29. South Korea Weight Loss Services Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Services Type, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Equipment Type, 2022-2029 29.3. Market Size (Value) Estimates & Forecast By Payment Type, 2022-2029 30. Australia Weight Loss Services Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Services Type, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Equipment Type, 2022-2029 30.3. Market Size (Value) Estimates & Forecast By Payment Type, 2022-2029 31. ASEAN Weight Loss Services Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Services Type, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Equipment Type, 2022-2029 31.3. Market Size (Value) Estimates & Forecast By Payment Type, 2022-2029 32. Rest of Asia Pacific Weight Loss Services Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Services Type, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Equipment Type, 2022-2029 32.3. Market Size (Value) Estimates & Forecast By Payment Type, 2022-2029 33. Middle East Africa Weight Loss Services Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Services Type, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Equipment Type, 2022-2029 33.3. Market Size (Value) Estimates & Forecast By Payment Type, 2022-2029 34. Middle East Africa Weight Loss Services Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Weight Loss Services Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Services Type, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Equipment Type, 2022-2029 35.3. Market Size (Value) Estimates & Forecast By Payment Type, 2022-2029 36. GCC Countries Weight Loss Services Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Services Type, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Equipment Type, 2022-2029 36.3. Market Size (Value) Estimates & Forecast By Payment Type, 2022-2029 37. Egypt Weight Loss Services Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Services Type, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Equipment Type, 2022-2029 37.3. Market Size (Value) Estimates & Forecast By Payment Type, 2022-2029 38. Nigeria Weight Loss Services Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Services Type, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Equipment Type, 2022-2029 38.3. Market Size (Value) Estimates & Forecast By Payment Type, 2022-2029 39. Rest of ME&A Weight Loss Services Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Services Type, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Equipment Type, 2022-2029 39.3. Market Size (Value) Estimates & Forecast By Payment Type, 2022-2029 40. South America Weight Loss Services Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Services Type, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Equipment Type, 2022-2029 40.3. Market Size (Value) Estimates & Forecast By Payment Type, 2022-2029 41. South America Weight Loss Services Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Weight Loss Services Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Services Type, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Equipment Type, 2022-2029 42.3. Market Size (Value) Estimates & Forecast By Payment Type, 2022-2029 43. Argentina Weight Loss Services Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Services Type, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Equipment Type, 2022-2029 43.3. Market Size (Value) Estimates & Forecast By Payment Type, 2022-2029 44. Rest of South America Weight Loss Services Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Services Type, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Equipment Type, 2022-2029 44.3. Market Size (Value) Estimates & Forecast By Payment Type, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Weight Loss Services Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Northcastle Partners 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. NutriSystem, Inc. 45.3.3. Weight Watchers International, Inc. 45.3.4. Jenny Craig, Inc. 45.3.5. Medifast, Inc. 45.3.6. BistroMD, Inc. 45.3.7. Rosemary Conley Diet & Fitness Clubs 45.3.8. Hebalife International Inc. 45.3.9. Brunswick Corporation 45.3.10. Ethicon Endo-surgery Inc. 45.3.11. Medtronic Inc. 45.3.12. Kellogg Company 45.3.13. Apollo Endosurgery Inc. 45.3.14. Cyber International Inc. 45.3.15. Johnson & Johnson 46. Primary Key Insights
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