Transparency Market Research

Global Weight Loss Services Market: Rising Awareness Among People Regarding Health and Fitness to Drive Growth, Says TMR

Weight Loss Services Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2023


Albany, NY -- (SBWIRE) -- 01/09/2017 -- A new report by Transparency Market Research (TMR) states that the global market for weight loss services is poised to gain impetus in the near future. The rising awareness among people regarding their health and well-being is likely to boost the demand for weight loss services across the world in the years to come.

The report, titled "Weight Loss Services Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016–2023," presents a comprehensive assessment of this market on basis of driving factors, limitations, key trends, opportunities, challenges, and growth prospects. The past and present performance of this market have also been evaluated to determine its future status in this study.

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Researchers have analyzed the worldwide market for weight loss services on the basis the service and the geographical presence of this market. Based on the service, the market has been classified into weight management programs, weight loss food and diet chains, health clubs, and several other weight loss approaches, such as bariatric surgery and liposuction. The food and diet chain segment has been leading to the overall market and is projected to remain dominant over the forecast period, states the research report.

On the basis of geography, the report segments the global market for weight loss services into Europe, North America, Asia Pacific, and the Rest of the World. North America and Europe have acquired the leading positions in this market, owing to the presence of a large pool of patients suffering from obesity. Over the forthcoming years, these regional markets are projected to retain their prominence.

North America, specifically, is likely to rise exceptionally due to the provision of coverage for counseling and screening for obesity under the U.S. Affordable Care Act (ObamaCare). Europe, on the other hand, is expected to witness steady growth in the coming years on account of the rising prevalence of obesity among people, notes the research study.

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Asia Pacific, however, is projected to offer the most lucrative prospects for growth on account of untapped opportunities and unmet medical needs of people residing in developing economies in this region, states the market report.

The research study also offers a competitive analysis of the global market for weight loss services by examining the profiles of the key market players, such as Northcastle Partners, Weight Watchers International Inc., NutriSystem Inc., Jenny Craig Inc., BistroMD Inc., Medifast Inc., and Rosemary Conley Diet & Fitness Clubs, and determines the current market hierarchy.

The main objective of this study is to provide a clear picture of the global weight loss services market to participants in order to assist them in business development.