The tide has turned to a better give attention to medical weight reduction applications, lots of which at the moment are utilizing the brand new weight problems medicine. The massive story of 2022 has been the hovering demand for brand spanking new medicine comparable to Wegovy, Ozempic, and Saxenda, with extra new medicine coming quickly.
The market could also be getting into a brand new period targeted 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 applications, resulting from their extra critical circumstances comparable to diabetes.
Prime 6 Issues to Know Concerning 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 getting into a brand new period targeted on medical approaches, as a brand new era of prescription weight problems medicine from Novo Nordisk, Eli Lilly, and others hit the market. Even Weight Watchers now gives a medical plan. The prescription weight problems medicine market almost doubled to $1.56 billion in 2022, as a result of excessive demand for brand spanking new semaglutide medicine.
- 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 blended report with weight reduction applications (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 applications represented 11.7% of the full $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, essentially the most complete investigation of the medical weight reduction market revealed by anybody worldwide. The report covers:
- Greenback worth & progress charges of all main medical weight reduction market segments
- Newest market developments and developments
- In-depth evaluation of weight reduction surgical procedure; applications by bariatricians; applications by hospitals, clinics, and impartial MDs; applications by very low calorie food plan distributors; and the prescription weight problems medicine market
Concerning the Creator: John LaRosa is the President of Marketdata LLC and is the writer of 100+ trade and market research. His analysis seems in prime media retailers together with ABC, CNN, Fox, Forbes, USA Right this moment, The Wall Avenue Journal, The New York Occasions, and a wide range of commerce journals.
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