Weight Loss Services Market Size, Share & Trends Analysis Report By Function (Fitness Equipment, Surgical Equipment, Services), By Payment (Out-of-pocket, Government, Private), By Region, And Segment Forecasts, 2024 - 2030
This report can be delivered to the clients within 2 Business Days
Weight Loss Services Market Growth & Trends
The global weight loss services market size is anticipated to reach USD 60.48 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 7.6% from 2024 to 2030. Rising cases of obesity and resultant health consciousness along with increased per capita healthcare expenditure are the key factors fueling the market growth. Obesity is among the major health concerns that lead to a number of associated diseases or complications, such as diabetes, Cardiovascular Diseases (CVDs), and cancers. For instance, as per WHO, in 2016, more than 1.9 billion adults were overweight, out of which around 650 million people were obese.
Such instances are expected to encourage people to maintain proper health to help lower the risk of such chronic health issues, thereby augmenting market growth. Key companies in the market are focusing on the development of new ways for weight loss, such as Zumba, sports-specific performance training, aquatic exercise classes, and weight loss supplements. For instance, in August 2018, Herbalife International launched Herbalife24 ACHIEVE protein bar, a convenient, energy-providing snack. This product launch may increase the company’s popularity among athletes worldwide. Hence, such initiatives are anticipated to drive the market.
Weight Loss Services Market Report Highlights
Weight Loss Services Market Growth & Trends
The global weight loss services market size is anticipated to reach USD 60.48 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 7.6% from 2024 to 2030. Rising cases of obesity and resultant health consciousness along with increased per capita healthcare expenditure are the key factors fueling the market growth. Obesity is among the major health concerns that lead to a number of associated diseases or complications, such as diabetes, Cardiovascular Diseases (CVDs), and cancers. For instance, as per WHO, in 2016, more than 1.9 billion adults were overweight, out of which around 650 million people were obese.
Such instances are expected to encourage people to maintain proper health to help lower the risk of such chronic health issues, thereby augmenting market growth. Key companies in the market are focusing on the development of new ways for weight loss, such as Zumba, sports-specific performance training, aquatic exercise classes, and weight loss supplements. For instance, in August 2018, Herbalife International launched Herbalife24 ACHIEVE protein bar, a convenient, energy-providing snack. This product launch may increase the company’s popularity among athletes worldwide. Hence, such initiatives are anticipated to drive the market.
Weight Loss Services Market Report Highlights
- The fitness equipment segment is expected to register a significant growth of 7.4% in the forecast period. Our fitness equipment portfolio comprises innovative products that cater to diverse customer needs.
- Out of pocket payment segment dominated the global weight loss services market with a revenue share of 85.7% in 2023. Out-of-pocket payments provide consumers with the freedom to choose weight loss services that cater to their specific needs, unencumbered by insurance restrictions.
- The government payment segment is expected to register the fastest CAGR of 8.1% in the forecast period. As governments and health organizations promote healthier lifestyles worldwide, we're seeing an increased demand for weight loss solutions.
- North America weight loss services market dominated the global weight loss services market with a revenue share of 35.0% in 2023. Changing consumer preferences, and technological advancement are the major factors driving the growth of the market in North America.
CHAPTER 1. METHODOLOGY AND SCOPE
1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
1.3.1. Information Procurement
1.3.2. Information or Data Analysis
1.3.3. Market Formulation & Data Visualization
1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
CHAPTER 3. WEIGHT LOSS SERVICES MARKET VARIABLES, TRENDS, & SCOPE
3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Million)
3.3. Market Dynamics
3.3.1. Market Drivers Analysis
3.3.2. Market Restraints Analysis
3.4. Weight Loss Services Market Analysis Tools
3.4.1. Porter’s Analysis
3.4.1.1. Bargaining power of the suppliers
3.4.1.2. Bargaining power of the buyers
3.4.1.3. Threats of substitution
3.4.1.4. Threats from new entrants
3.4.1.5. Competitive rivalry
3.4.2. PESTEL Analysis
3.4.2.1. Political landscape
3.4.2.2. Economic and Social landscape
3.4.2.3. Technological landscape
3.4.2.4. Environmental landscape
3.4.2.5. Legal landscape
CHAPTER 4. WEIGHT LOSS SERVICES MARKET: FUNCTION ESTIMATES & TREND ANALYSIS
4.1. Segment Dashboard
4.2. Weight Loss Services Market: Function Movement Analysis, 2023 & 2030 (USD Million)
4.3. Fitness Equipment
4.3.1. Fitness Equipment Market Revenue Estimates And Forecasts, 2018 - 2030 (USD Million)
4.3.2. Cardiovascular Training Equipment
4.3.2.1. Cardiovascular Training Equipment Market Revenue Estimates And Forecasts, 2018 - 2030 (USD Million)
4.3.3. Strength Training Equipment
4.3.3.1. Strength Training Equipment Market Revenue Estimates And Forecasts, 2018 - 2030 (USD Million)
4.3.4. Others
4.3.4.1. Others Market Revenue Estimates And Forecasts, 2018 - 2030 (USD Million)
4.4. Surgical Equipment
4.4.1. Surgical Equipment Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.4.2. Minimally Invasive Surgical Equipment
4.4.2.1. Minimally Invasive Surgical Equipment Market Revenue Estimates And Forecasts, 2018 - 2030 (USD Million)
4.4.3. Noninvasive Surgical Equipment
4.4.3.1. Noninvasive Surgical Equipment Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.5. Services
4.5.1. Services Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.5.2. Fitness Centers
4.5.2.1. Fitness Centers Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.5.3. Slimming Centers
4.5.3.1. Slimming Centers Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.5.4. Consultation Services
4.5.4.1. Consultation Services Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.5.5. Online-weight Loss Services
4.5.5.1. Online-weight Loss Services Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
CHAPTER 5. WEIGHT LOSS SERVICES MARKET: PAYMENT ESTIMATES & TREND ANALYSIS
5.1. Segment Dashboard
5.2. Weight Loss Services Market: Payment Movement Analysis, 2023 & 2030 (USD Million)
5.3. Out-of-pocket
5.3.1. Out-of-pocket Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.4. Government
5.4.1. Government Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.5. Private Insurance
5.5.1. Private Insurance Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
CHAPTER 6. WEIGHT LOSS SERVICES MARKET: REGIONAL ESTIMATES & TREND ANALYSIS
6.1. Weight Loss Services Market Share, By Region, 2023 & 2030 (USD Million)
6.2. North America
6.2.1. North America Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.2.2. U.S.
6.2.2.1. U.S. Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.2.3. Canada
6.2.3.1. Canada Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.2.4. Mexico
6.2.4.1. Mexico Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.3. Europe
6.3.1. Europe Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.3.2. UK
6.3.2.1. UK Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.3.3. Germany
6.3.3.1. Germany Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.3.4. France
6.3.4.1. France Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.3.5. Italy
6.3.5.1. Italy Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.3.6. Spain
6.3.6.1. Spain Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.3.7. Denmark
6.3.7.1. Denmark Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.3.8. Sweden
6.3.8.1. Sweden Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.3.9. Norway
6.3.9.1. Norway Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4. Asia Pacific
6.4.1. Asia Pacific Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4.2. Japan
6.4.2.1. Japan Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4.3. China
6.4.3.1. China Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4.4. India
6.4.4.1. India Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4.5. Australia
6.4.5.1. Australia Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4.6. South Korea
6.4.6.1. South Korea Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4.7. Thailand
6.4.7.1. Thailand Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.5. Latin America
6.5.1. Latin America Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.5.2. Brazil
6.5.2.1. Brazil Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.5.3. Argentina
6.5.3.1. Argentina Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.6. Middle East and Africa
6.6.1. Middle East and Africa Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.6.2. South Africa
6.6.2.1. South Africa Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.6.3. Saudi Arabia
6.6.3.1. Saudi Arabia Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.6.4. UAE
6.6.4.1. UAE Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.6.5. Kuwait
6.6.5.1. Kuwait Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
CHAPTER 7. COMPETITIVE LANDSCAPE
7.1. Recent Developments & Impact Analysis by Key Market Participants
7.2. Company Categorization
7.3. Company Heat Map Analysis
7.4. Company Profiles
7.4.1. Atkins Nutritionals, Inc.
7.4.1.1. Participant’s Overview
7.4.1.2. Financial Performance
7.4.1.3. Product Benchmarking
7.4.1.4. Recent Developments/Strategic Initiatives
7.4.2. Precor Incorporated
7.4.2.1. Participant’s Overview
7.4.2.2. Financial Performance
7.4.2.3. Product Benchmarking
7.4.2.4. Recent Developments/Strategic Initiatives
7.4.3. Apollo Endosurgery, Inc.
7.4.3.1. Participant’s Overview
7.4.3.2. Financial Performance
7.4.3.3. Product Benchmarking
7.4.3.4. Recent Developments/Strategic Initiatives
7.4.4. Johnson Health Tech, Inc.
7.4.4.1. Participant’s Overview
7.4.4.2. Financial Performance
7.4.4.3. Product Benchmarking
7.4.4.4. Recent Developments/Strategic Initiatives
7.4.5. WW International, Inc.
7.4.5.1. Participant’s Overview
7.4.5.2. Financial Performance
7.4.5.3. Product Benchmarking
7.4.5.4. Recent Developments/Strategic Initiatives
7.4.6. Life Fitness, Inc.
7.4.6.1. Participant’s Overview
7.4.6.2. Financial Performance
7.4.6.3. Product Benchmarking
7.4.6.4. Recent Developments/Strategic Initiatives
7.4.7. iFIT, Inc.
7.4.7.1. Participant’s Overview
7.4.7.2. Financial Performance
7.4.7.3. Product Benchmarking
7.4.7.4. Recent Developments/Strategic Initiatives
7.4.8. Torque Fitness, LLC
7.4.8.1. Participant’s Overview
7.4.8.2. Financial Performance
7.4.8.3. Product Benchmarking
7.4.8.4. Recent Developments/Strategic Initiatives
7.4.9. Core Health & Fitness, LLC
7.4.9.1. Participant’s Overview
7.4.9.2. Financial Performance
7.4.9.3. Product Benchmarking
7.4.9.4. Recent Developments/Strategic Initiatives
1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
1.3.1. Information Procurement
1.3.2. Information or Data Analysis
1.3.3. Market Formulation & Data Visualization
1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
CHAPTER 3. WEIGHT LOSS SERVICES MARKET VARIABLES, TRENDS, & SCOPE
3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Million)
3.3. Market Dynamics
3.3.1. Market Drivers Analysis
3.3.2. Market Restraints Analysis
3.4. Weight Loss Services Market Analysis Tools
3.4.1. Porter’s Analysis
3.4.1.1. Bargaining power of the suppliers
3.4.1.2. Bargaining power of the buyers
3.4.1.3. Threats of substitution
3.4.1.4. Threats from new entrants
3.4.1.5. Competitive rivalry
3.4.2. PESTEL Analysis
3.4.2.1. Political landscape
3.4.2.2. Economic and Social landscape
3.4.2.3. Technological landscape
3.4.2.4. Environmental landscape
3.4.2.5. Legal landscape
CHAPTER 4. WEIGHT LOSS SERVICES MARKET: FUNCTION ESTIMATES & TREND ANALYSIS
4.1. Segment Dashboard
4.2. Weight Loss Services Market: Function Movement Analysis, 2023 & 2030 (USD Million)
4.3. Fitness Equipment
4.3.1. Fitness Equipment Market Revenue Estimates And Forecasts, 2018 - 2030 (USD Million)
4.3.2. Cardiovascular Training Equipment
4.3.2.1. Cardiovascular Training Equipment Market Revenue Estimates And Forecasts, 2018 - 2030 (USD Million)
4.3.3. Strength Training Equipment
4.3.3.1. Strength Training Equipment Market Revenue Estimates And Forecasts, 2018 - 2030 (USD Million)
4.3.4. Others
4.3.4.1. Others Market Revenue Estimates And Forecasts, 2018 - 2030 (USD Million)
4.4. Surgical Equipment
4.4.1. Surgical Equipment Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.4.2. Minimally Invasive Surgical Equipment
4.4.2.1. Minimally Invasive Surgical Equipment Market Revenue Estimates And Forecasts, 2018 - 2030 (USD Million)
4.4.3. Noninvasive Surgical Equipment
4.4.3.1. Noninvasive Surgical Equipment Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.5. Services
4.5.1. Services Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.5.2. Fitness Centers
4.5.2.1. Fitness Centers Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.5.3. Slimming Centers
4.5.3.1. Slimming Centers Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.5.4. Consultation Services
4.5.4.1. Consultation Services Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.5.5. Online-weight Loss Services
4.5.5.1. Online-weight Loss Services Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
CHAPTER 5. WEIGHT LOSS SERVICES MARKET: PAYMENT ESTIMATES & TREND ANALYSIS
5.1. Segment Dashboard
5.2. Weight Loss Services Market: Payment Movement Analysis, 2023 & 2030 (USD Million)
5.3. Out-of-pocket
5.3.1. Out-of-pocket Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.4. Government
5.4.1. Government Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.5. Private Insurance
5.5.1. Private Insurance Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
CHAPTER 6. WEIGHT LOSS SERVICES MARKET: REGIONAL ESTIMATES & TREND ANALYSIS
6.1. Weight Loss Services Market Share, By Region, 2023 & 2030 (USD Million)
6.2. North America
6.2.1. North America Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.2.2. U.S.
6.2.2.1. U.S. Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.2.3. Canada
6.2.3.1. Canada Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.2.4. Mexico
6.2.4.1. Mexico Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.3. Europe
6.3.1. Europe Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.3.2. UK
6.3.2.1. UK Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.3.3. Germany
6.3.3.1. Germany Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.3.4. France
6.3.4.1. France Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.3.5. Italy
6.3.5.1. Italy Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.3.6. Spain
6.3.6.1. Spain Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.3.7. Denmark
6.3.7.1. Denmark Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.3.8. Sweden
6.3.8.1. Sweden Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.3.9. Norway
6.3.9.1. Norway Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4. Asia Pacific
6.4.1. Asia Pacific Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4.2. Japan
6.4.2.1. Japan Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4.3. China
6.4.3.1. China Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4.4. India
6.4.4.1. India Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4.5. Australia
6.4.5.1. Australia Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4.6. South Korea
6.4.6.1. South Korea Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4.7. Thailand
6.4.7.1. Thailand Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.5. Latin America
6.5.1. Latin America Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.5.2. Brazil
6.5.2.1. Brazil Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.5.3. Argentina
6.5.3.1. Argentina Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.6. Middle East and Africa
6.6.1. Middle East and Africa Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.6.2. South Africa
6.6.2.1. South Africa Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.6.3. Saudi Arabia
6.6.3.1. Saudi Arabia Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.6.4. UAE
6.6.4.1. UAE Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.6.5. Kuwait
6.6.5.1. Kuwait Weight Loss Services Market Estimates and Forecasts, 2018 - 2030 (USD Million)
CHAPTER 7. COMPETITIVE LANDSCAPE
7.1. Recent Developments & Impact Analysis by Key Market Participants
7.2. Company Categorization
7.3. Company Heat Map Analysis
7.4. Company Profiles
7.4.1. Atkins Nutritionals, Inc.
7.4.1.1. Participant’s Overview
7.4.1.2. Financial Performance
7.4.1.3. Product Benchmarking
7.4.1.4. Recent Developments/Strategic Initiatives
7.4.2. Precor Incorporated
7.4.2.1. Participant’s Overview
7.4.2.2. Financial Performance
7.4.2.3. Product Benchmarking
7.4.2.4. Recent Developments/Strategic Initiatives
7.4.3. Apollo Endosurgery, Inc.
7.4.3.1. Participant’s Overview
7.4.3.2. Financial Performance
7.4.3.3. Product Benchmarking
7.4.3.4. Recent Developments/Strategic Initiatives
7.4.4. Johnson Health Tech, Inc.
7.4.4.1. Participant’s Overview
7.4.4.2. Financial Performance
7.4.4.3. Product Benchmarking
7.4.4.4. Recent Developments/Strategic Initiatives
7.4.5. WW International, Inc.
7.4.5.1. Participant’s Overview
7.4.5.2. Financial Performance
7.4.5.3. Product Benchmarking
7.4.5.4. Recent Developments/Strategic Initiatives
7.4.6. Life Fitness, Inc.
7.4.6.1. Participant’s Overview
7.4.6.2. Financial Performance
7.4.6.3. Product Benchmarking
7.4.6.4. Recent Developments/Strategic Initiatives
7.4.7. iFIT, Inc.
7.4.7.1. Participant’s Overview
7.4.7.2. Financial Performance
7.4.7.3. Product Benchmarking
7.4.7.4. Recent Developments/Strategic Initiatives
7.4.8. Torque Fitness, LLC
7.4.8.1. Participant’s Overview
7.4.8.2. Financial Performance
7.4.8.3. Product Benchmarking
7.4.8.4. Recent Developments/Strategic Initiatives
7.4.9. Core Health & Fitness, LLC
7.4.9.1. Participant’s Overview
7.4.9.2. Financial Performance
7.4.9.3. Product Benchmarking
7.4.9.4. Recent Developments/Strategic Initiatives
