Article -> Article Details
| Title | Obesity Management Market Estimated To Witness a Phenomenal Growth by 2025 |
|---|---|
| Category | Fitness Health --> Men's Health |
| Meta Keywords | Obesity Management Market |
| Owner | vinit |
| Description | |
| Obesity management is a set of programs designed to lose
weight without causing harm to an individual. Development of new approaches due
to sedentary lifestyles led by adults and negative effects of fads have brought
to the fore the need to reduce obesity. The global obesity management market
report compiled by Market Research Future (MRFR) contains insights, hurdles,
measures, and other dynamic factors for the period of 2019 to 2025 (forecast
period). The COVID-19 pandemic and its effect on the market has been noted. Market Scope The global obesity
management market is poised to inflate to a valuation of USD
9.34 billion by 2025. It can exhibit a CAGR of 8.4% over the forecast period. The lifestyle of convenience, consumption of snacks, large
number of obese individuals, and availability of obesity treatment methods are
major drivers of the market. According to a study in 2016, out of 2 billion
overweight individuals, close to 650 million were found to be obese. The risk
of being diagnosed with cardiovascular disease and diabetes due to obesity can
provide plenty of growth opportunities to the global obesity management market. Awareness of obesity management, presence of various healthy
diets, option of bariatric surgery, and prevalence of lifestyle diseases can
drive the market growth over the forecast period. Public health intervention
campaigns endorsed by governments are likely to facilitate in market growth.
Furthermore, the presence of nutrition experts and establishment of fitness
centers can boost the global obesity management market. The COVID-19 pandemic has created a massive opportunity for
the market owing to people adhering to sedentary lifestyle and ordering in
foods. Obesity management can reduce the susceptibility ratio of patients
attaining the virus and further the market growth. Segmentation The global market for obesity management, by type, is
divided into medication and surgery. Moreover, the medication segment is
further classified into liraglutide, orlistat, lorcaserin, bupropion and
naltrexone, and phentermine and topiramate. Furthermore, the surgery is
sub-segmented into laparoscopic adjustable gastric band, gastric sleeve, and
gastric bypass. Regional Analysis The Americas dominated the obesity management market owing
to the increasing awareness among the masses, the increasing prevalence of
obesity, surgical options, weight management medicines, and the growing
adoption of advanced technology. According to the Centers for Disease Control
and Prevention (CDC), obesity is a major concern in the region and
approximately 93.3 million adults were diagnosed with obesity in 2016. The
self-isolation during the COVID-19 pandemic is driving people to consume
processed foods and increases the risk of metabolic disease. Obesity management
programs can help in curbing the obesity pandemic and boost the market growth
in the process. In 2018, Europe accounted for the second-largest share of
the market. This can be attributed to the high expendable income levels of
consumers and consumption of restaurant food. A new slew of measures by the
National Health Services, a government aided healthcare service, is likely to
curb obesity with the help of obesity management strategies. This is propagated
by ban on Ads promoting sugar drinks, unhealthy foods, and mandates for
alcoholic drinks to be displayed with hidden calorific values on menus. However, the APAC region is expected to grow at the fastest
rate in obesity management throughout the forecast period due to rising
participation of market players and a large geriatric population. On the other hand, the MEA obesity management market holds
the least share due to the low economic development in Africa. Competitive Outlook
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