The tide has turned to a higher concentrate on medical weight reduction packages, lots of which at the moment are utilizing the brand new weight problems medication. The massive story of 2022 has been the hovering demand for brand spanking new medication reminiscent of Wegovy, Ozempic, and Saxenda, with extra new medication coming quickly.
The market could also be coming into a brand new period centered on medical approaches, as extra physicians and different medical professionals add weight reduction providers to their follow. This contains nurses, dieticians, licensed well being coaches, and OB/GYNs. The 108 million Individuals which can be overweight are prime candidates for medically supervised weight reduction packages, as a consequence of their extra severe situations reminiscent of diabetes.
Prime 6 Issues to Know In regards to the U.S. Medical Weight Loss Market
- The worth of the U.S. medical weight reduction market is estimated to have grown 17% throughout 2022, to $8.8 billion, recovering floor misplaced to the pandemic and fueled by a close to doubling of weight problems drug gross sales. One other 10% acquire is forecast for 2023.
- The market could also be coming into a brand new period centered on medical approaches, as a brand new era of prescription weight problems medication from Novo Nordisk, Eli Lilly, and others hit the market. Even Weight Watchers now gives a medical plan. The prescription weight problems medication market practically doubled to $1.56 billion in 2022, as a result of excessive demand for brand spanking new semaglutide medication.
- The burden loss surgical procedure market is valued at $5.7 billion, slated to develop to $8.5 billion by 2027. This may contain 340,000 yearly procedures.
- Hospitals have had a combined document with weight reduction packages (excluding surgical procedure). Solely 28% of the nation’s 4,000 neighborhood hospitals present some type of weight reduction program – 1,150 hospitals.
- Medical weight reduction packages represented 11.7% of the overall $75.5 billion U.S. weight reduction market in 2022, and this share is forecast to rise to 13.4% by 2027.
- Medical weight reduction franchises are estimated to generate $150 million in system-wide gross sales yearly.
Further Weight Loss Market Information
To study extra about this market, see Marketdata’s new report, revealed April 2023 entitled The U.S. Medical Weight Loss Market, probably the most complete investigation of the medical weight reduction market revealed by anybody worldwide. The report covers:
- Greenback worth & development charges of all main medical weight reduction market segments
- Newest market tendencies and developments
- In-depth evaluation of weight reduction surgical procedure; packages by bariatricians; packages by hospitals, clinics, and unbiased MDs; packages by very low calorie weight loss plan distributors; and the prescription weight problems medication market
In regards to the Creator: John LaRosa is the President of Marketdata LLC and is the writer of 100+ trade and market research. His analysis seems in high media retailers together with ABC, CNN, Fox, Forbes, USA In the present day, The Wall Avenue Journal, The New York Instances, and a wide range of commerce journals.
