Obesity Treatment Market Size, Share, Growth, and Industry Analysis, By Type (Surgical & Implant Devices, Medication Therapy, Dietary, and Other), By Application (Children and Adults), and Regional Forecast to 2032

OBESITY TREATMENT MARKET OVERVIEW

The global obesity treatment market size was USD 9.18 billion in 2023 and is projected to touch USD 19.68 billion by 2032, exhibiting a CAGR of 13.4% during the forecast period.

Obesity treatment has advanced right into a multifaceted method that mixes lifestyle modifications, behavioral therapy, medicines, and surgical options to cope with the complexities of the condition. Lifestyle interventions, which include dietary changes and expanded physical hobbies, continue to be foundational in coping with obesity. Programs that concentrate on schooling, portion management, and nutrient-wealthy food selections have proven effectiveness in selling weight reduction and improving general health.

In addition to conventional strategies, pharmacotherapy and bariatric surgery are an increasing number of identified as feasible options for people with obesity, especially for folks who struggle to shed pounds through lifestyle modifications by themselves. For intense instances, bariatric surgical operation, along with procedures like gastric pass and sleeve gastrectomy, gives a huge and often existence-converting solution.

GLOBAL CRISES IMPACTING OBESITY TREATMENT MARKET COVID-19 IMPACT

Obesity Treatment Industry Had a Negative Effect Due to Increased Sedentary Behavior during COVID-19 Pandemic

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels.

During the pandemic, many people confronted disruptions of their workouts, consisting of accelerated sedentary conduct because of lockdowns and regulations on physical interest. This led to a surge in obesity prices, in particular amongst populations already at hazard. An observer indicated that the prevalence of obesity accelerated all through the pandemic, with many individuals reporting weight advantage as an instantaneous consequence of strain, adjustments in consuming behavior, and restrained access to healthy meal alternatives. ​

Moreover, healthcare systems shifted attention in the direction of managing COVID-19, which led to decreased availability of in-person consultations for obesity treatment. Many healthcare vendors tailored their offerings via telehealth services, allowing patients to obtain aid for weight management remotely. This shift facilitated get admission to take care of some, but disparities persisted, particularly for individuals without reliable net get admission to or folks that had been much less tech-savvy.

LATEST TREND

"Increasing Use of GLP-1 Receptor Agonists to Drive Market Growth"

There have been notable developments in the market which has the potential to boost the obesity treatment market share. Semaglutide was released in 2021 and has obtained attention because of the substantial weight loss benefit it offers. It copies the hormone that is known as GLP-1 which helps to control appetite levels, as well as the stages of blood sugar levels, so patients feel satiated for longer periods. Clinical trials recommend that the drug can lead to a reduction in body weight by 15% or extra, currently, semaglutide is one of the few pharmacological remedies for obesity out there.

OBESITY TREATMENT MARKET SEGMENTATION

BY TYPE

Based on Type, the global market can be categorized into Surgical & Implant Devices, Medication Therapy, Dietary, and Other.

• Surgical & Implant Devices: for weight problems treatment, along with gastric bypass and sleeve gastrectomy, contain surgical procedures that alter the digestive device to sell weight loss. Patients commonly go through these surgeries after other weight reduction methods have failed and require ongoing clinical supervision for most desirable consequences.
• Medication Therapy: for weight problems involves using pharmacological dealers to assist in weight loss through suppressing the urge for food or improving metabolism. These medicines are frequently prescribed along with lifestyle modifications and need to be monitored by means of healthcare specialists for effectiveness and protection.
• Dietary procedures: for obesity treatment emphasize balanced nutrition and caloric management to facilitate weight loss. This includes tailored meal plans that focus on whole meals, portion control, and macronutrient balance to assist healthy ingesting conduct.

BY APPLICATION

Based on application, the global market can be categorized into Children and Adults.

• Children: Obesity remedy in children specializes in comprehensive lifestyle modifications that consist of wholesome consumption, expanded physical pastime, and behavioral interventions. Programs often contain mother and father to create a supportive environment and encourage long-time period habits.
• Adults: In adults, obesity remedy generally combines way of life adjustments, medical remedy, and, in a few instances, surgical interventions. Emphasis is positioned on achieving sustainable weight reduction through food regimen, workout, and behavioral remedy, regularly supported through healthcare experts.

MARKET DYNAMICS

Market dynamics include driving and restraining factors, opportunities and challenges stating the market conditions.

DRIVING FACTORS"Rising Obesity Rates to Boost the Market"

There are several elements inspiring the obesity treatment market growth. However, the current global rise in the rate of obesity has led to higher high demands for treatment solutions, which could explain why the management of obesity has received much attention among healthcare systems. A raised level of consciousness on the side of the public with regards to the dangers of obesity has made the people seek health treatment and methods to prevent obesity.

"Healthcare Policies to Expand the Market"

Availability and affordability of obesity treatments are boosted by favorable policies for the patient population, insurance reimbursement for obesity treatments. Advancements in implementing medical devices, better techniques in surgeries, and better pharmacotherapy are enhancing the result and availability of obesity management.

RESTRAINING FACTOR

"Stigma and Discrimination to Potentially Impede Market Growth"

Social stigma associated with weight problems may discourage individuals from searching for assistance or treatment due to worry of judgment, impacting their willingness to interact in necessary interventions. Limited access to healthcare offerings, especially in rural or underserved regions, can hinder individuals from obtaining the right remedy, guidance, and assistance. Sedentary life, bad dietary conduct, and environmental affects contribute to the difficulty in accomplishing and preserving weight loss, limiting the effectiveness of treatment tactics.

OPPORTUNITY

"Advancement of Personalized Medicine to Create Opportunity for the Product in the Market"

This technique can enhance the effectiveness of weight problems interventions with the aid of providing more targeted treatment options and dietary pointers. As studies maintain to find the organic mechanisms of obesity, integrating genetic testing into remedy plans should cause greater hit consequences and increased patient adherence. Additionally, the developing attractiveness of telehealth offerings lets in for a broader right of entry to specialized obesity care, making remedies handier and more reachable.

CHALLENGE

"Obesity Among Diverse Populations Could Be a Potential Challenge for Consumers"

Socioeconomic disparities can restrict access to healthcare, nutritious ingredients, and safe environments for bodily hobbies, hindering powerful obesity control. Additionally, public health tasks ought to triumph over cultural boundaries and stigma related to weight problems to inspire individuals to seek remedy. As the weight problems epidemic keeps to adapt, addressing those systemic demanding situations will be crucial for accomplishing equitable health results and efficaciously managing obesity at the population level.

REGIONAL INSIGHTS

• NORTH AMERICA

North America is the fastest-growing region in this market. The United States obesity treatment market has been growing exponentially owing to multiple reasons. Telehealth offerings have won traction, improving get admission to care, especially at some point of and after the COVID-19 pandemic. Additionally, there's a growing emphasis on public health campaigns geared toward raising focus about weight problems-associated fitness dangers. Collaborations between healthcare companies and community businesses are improving help for people in search of to control obesity successfully.

• EUROPE

European countries are adopting comprehensive strategies for weight problems remedy that encompass prevention and management packages at the national stage. There is a sturdy recognition of multidisciplinary strategies that integrate eating regimen, bodily activity, and mental aid tailored to the person's wishes. Advances in generation, along with mobile fitness apps and wearable devices, are being integrated into treatment plans to beautify patient engagement. Moreover, regulatory frameworks are evolving to facilitate the approval and use of revolutionary anti-obesity medicinal drugs.

• ASIA

In the Asia Pacific location, obesity remedy is gaining interest as obesity rates upward thrust, particularly in city areas. There is a shift in the direction of spotting obesity as a persistent disease, prompting governments to enforce fitness policies concentrated on prevention and control. While lifestyle interventions remain foundational, the interest in pharmacotherapy and surgical alternatives is increasing. Moreover, cultural attitudes toward weight problems are evolving, with more emphasis on fitness and proper well-being.

KEY INDUSTRY PLAYERS

"Key Industry Players Shaping the Market Through Innovation and Market Expansion"

Key industry players are shaping the obesity treatment marketplace through strategic innovation and market expansion. These companies are introducing advanced techniques and processes to improve the quality and performance of their offerings. They are also expanding their product lines to include specialized variations, catering to diverse customer preferences. Additionally, they are leveraging digital platforms to increase market reach and enhance distribution efficiency. By investing in research and development, optimizing supply chain operations, and exploring new regional markets, these players are driving growth and setting trends within the obesity treatment.

LIST OF TOP 5 COMPANIES

• NutriSystem, Inc. [U.S.]
• Kellogg Company [U.S.]
• Ethicon, Inc. [U.S.]
• Medtronic [U.S.]
• F. Hoffmann-La Roche [Switzerland]

KEY INDUSTRY DEVELOPMENT

June 2021: Novo Nordisk took significant strives ahead in the obesity treatment marketplace. They recently developed Wegovy (semaglutide). Wegovy is an injectable medicinal drug designed for continual weight management in adults with obesity or overweight who've had at least one weight-related situation. It works with the aid of mimicking the hormone GLP-1, which helps regulate urge for food and food intake.

Advances in Obesity Drug Development January 2024 The Industry are seeing significant advancement of new drugs to treat obesity. There is a continued emphasis on improving the effectiveness and reducing adverse effects of current treatments. To do this companies innovating around dosing schedules and creating oral formulations that are far more convenient for the patient.

Incretin-based Combination Therapies (February 2024) The pipelines remain engaging in the development of combination therapies where GLP-1 receptor agonists, like semaglutide, combine with another incretin hormone, GIP. These combinations aim to enhance the acceleration of weight loss and its duration​

REPORT COVERAGE

SWOT analysis is presented in this work at a high level, and helpful recommendations regarding further evolvement of the market are considered. This paper takes an opportunity to review and discuss the market segments and possible applications that have the potential to influence the market growth in the future years. The work uses both, the data regarding the modern state of the market and the information on its evolution to identify the possible development trends.

The obesity treatment with better portability is expected to gain high growth rates due to better consumer adoption trends, increasing application areas, and more innovative product developments. Yet, there might be some problems like, for instance, the shortage of raw materials or higher prices for them However, the growing popularity of specialized offerings and tendencies towards enhancing quality foster the growth of the market. All of them are progressing through technology and innovative strategies in developments as well as in supply chain and market. Due to changes in the market environment and growing demand for variety, the obesity treatment has a promising development since it constantly develops and expands its application.