MARKET OVERVIEW
Weight management devices are a category of medical devices and equipment designed to help individuals achieve and maintain a healthy weight. These devices include tools and equipment such as body composition analyzers, weight scales, pedometers, and activity trackers. The weight management device market is driven by the increasing prevalence of obesity and the growing awareness of the health risks associated with being overweight or obese. Additionally, the advancements in technology and the increasing focus on self-care and preventative health are also expected to drive the growth of the weight management device market in the future.
MARKET DYNAMICS
The weight management devices market is driven due to the increasing population with obesity, increasing bariatric surgeries, growing adoption of online weight loss and weight management programs, rise in disposable income in developing economies, sedentary lifestyle, and increasing government initiatives for building awareness among the obese populations. However, negative health effects and high cost of weight management devices may hamper the growth of the weight management devices market.
MARKET SCOPE
The weight management devices market analysis to 2028 is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of weight management devices market with detailed market segmentation by equipment including fitness equipment and surgical equipment. The weight management devices market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in weight management devices market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The weight management devices market is segmented on the basis of equipment. Based on equipment, the market is segmented as fitness equipment and surgical equipment. On the basis of fitness equipment market can be segmented as cardiovascular training equipment, strength training equipment, fitness monitoring equipment, others. On the basis of surgical equipment market can be segmented into minimally invasive surgical equipment and noninvasive surgical equipment.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the weight management devices market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America. The Weight Management Devices market by each region is later sub-segmented by respective countries and segments. The report covers an analysis and forecast of 18 countries globally, along with current trends and opportunities prevailing in the region.
`The report analyzes factors affecting the weight management devices market from both the demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides an exhaustive PEST analysis for all five regions, namely, North America, Europe, APAC, MEA, and South & Central America, after evaluating political, economic, social, and technological factors affecting the Weight Management Devices market in these regions.
MARKET PLAYERS
The report covers key developments in the weight management devices market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from weight management devices market are anticipated to have lucrative growth opportunities in the future with the rising demand for weight management devices in the global market. Below mentioned is the list of few companies engaged in the weight management devices market.
The report also includes the profiles of key players in weight management devices market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information for the last three years, and key development in the past five years.
- Gelesis, Inc.
- Medtronic (Covidien)
- Cybex International
- Fitness World
- Johnson Health Technology
- Life Fitness
- Life Time, Inc.
- Olympus Corporation
- Technogym SpA
- Apollo Endosurgery, Inc.
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