(PRWEB) March 09, 2015
The global weight loss and weight management market is expected to reach $ 206.4 billion by 2019 from $ 148.1 billion in 2014 growing at a CAGR of 6.9% from 2014 to 2019.
The weight loss and weight management market is segmented on the basis of service, equipment and diet
On the basis of regions the weight loss and weight management market is segmented into North America, Europe, Asia and Rest of the World (RoW). North America accounted for the largest share of this market owing to the rising obese population, rise in childhood obesity rates, strong government support and funding, lifestyle changes, increase in membership for health clubs and technological advancements in these regions.
The weight loss management market is divided into surgical equipment and fitness equipment. The fitness equipment segment is expected to grow at the highest CAGR during forecast period.
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On the basis of diet the market is segmented into meals, beverages and supplements.
Ethicon, Inc. (U.S.), Covidien plc (U.S.), Apollo Endosurgery (U.S.) and Olympus Corporation (Japan) are some of the prominent players in the equipment market, while Brunswick Corporation (U.S.), Amer Sports (Finland), Johnson Health Technology, Ltd. (Taiwan), Cybex International (U.S.) and Technogym SpA (Italy) are the leading players in the fitness equipment segment.
The prominent players in the services market are Weight Watchers International, Inc. (U.S.), Jenny Craig (U.S.), eDiets.com (U.S.), VLCC Healthcare Ltd. (India), Slimming World (U.K.), The Gold’s Gym International (U.S.), Duke Diet & Fitness Center (U.S.), 24 hours Fitness (U.S.), Equinox, Inc. (U.S.), Life Time Fitness, Inc. (U.S.), Fitness First Group (U.S.) and Town Sports International Holdings, Inc. (U.S.).
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