Latest Trends and Opportunities in Global Obesity Treatment Market
According to a new report published by Reports Monitor titled, “Global Obesity Treatment Market, Growth Opportunities, Innovations and Forecast, 2017-2025,”the obesity treatment market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025
Obesity is condition attributes by excessive accumulation of fat. According to the world health organization BMI more than 30 consider to be obese. Lack of physical exercise, adaptation of sedentary lifestyle and unhealthy food habits are propels the growth of the obesity treatment market. Obesity treatment considers two step process: assessment and management. Where assessment includes determination of level of obesity and management includes maintenance of body weight and needed measures.
Emerging technological advancement in treatment for obesity is boosting the market. According to the institute for health metrics and evaluation nearly 30% of world’s population is obese or overweight are increases the demand of the obesity treatment market. High cost of customized treatment processes and low cost alternative available for treating obesity can restraint the growth of the market.
This report provides a detailed analysis of obesity treatment market, which includes current industry situations such as market size, growth and demands, market outlook, major players with their key strategies such as investment, mergers and acquisitions, value chain analysis and swot analysis. It covers the market canvas and the growth opportunities in the coming years. The report has been made with an in-depth analysis along with important inputs from the various industry experts. The research is carried out with both extensive primary and secondary data sources with bottom-up and top-down approaches.
Segmentation of obesity treatment on the basis of product focuses on type and application. Based on product type the market is segmented into combination drugs, appetite suppressants, malabsorption and satiety. Basis on application the market is segmented into adjusting gastric banding, roux-en-y gastric bypass, sleeve gastrectomy, biliopancreatic diversion with duodenal switch, endoscopic procedures and others.
Global Obesity treatment market is majorly analyzed across: North America, Europe, Asia Pacific and LAMEA (Latin America, Middle East and Africa). Increased obese population, developed healthcare infrastructure and availability of advanced technological alternatives are driving the growth of the market in North America. Growing population & adapting sedentary lifestyle, developing healthcare system and rising awareness along with high expenditure on, medication are contributing the growth of the market in Asia-Pacific region.
Major vendors operating in the global obesity treatment market are: NutriSystem, Inc., Kellogg Company, Ethicon, Inc., Atkins Nutritionals, Inc., Herbalife Ltd., Covidien plc, Apollo Endosurgery, Amer Sports, Johnson Health Technology, Ltd., Cybex International, Olympus Corporation, Brunswick Corporation, and Technogym SpA.
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