U.S. Medical Weight Loss Clinics Market
Report ID: UCMIR35D2242
U.S. Medical Weight Loss Clinics Market Size
SkyQuest Technology's U.s. medical weight loss clinics market size, share and forecast Report is based on the analysis of market data and Industry trends impacting the global U.S. Medical Weight Loss Clinics Market and the revenue of top companies operating in it. Market Size Data and Statistics are based on the comprehensive research by our Team of Analysts and Industry experts.
U.S. Medical Weight Loss Clinics Market Insights
Market Overview:
In 2022, the U.S. market for medical weight loss clinics had a total worth of $1.09 billion, and it is anticipated to exhibit a 4.29% compound annual growth rate (CAGR) between 2023 and 2030. This growth is primarily attributed to the increasing prevalence of obesity among adults in the United States, making it the second leading cause of mortality in the country due to its association with higher risks of heart conditions, diabetes, high blood pressure, and other significant health issues. Moreover, a noticeable trend is the shift of patients from surgical weight loss procedures to non-surgical alternatives, driven by their similar effectiveness and lower associated costs and risks. The introduction of various weight loss medications, such as Wegovy (semaglutide), approved by the U.S. FDA for chronic weight management in adults in June 2021, is further contributing to the rising demand for medical weight loss treatments.
U.S. Medical Weight Loss Clinics Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Services by segment aggregation, the contribution of the Health Care Services in Health Care Equipment & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
U.S. Medical Weight Loss Clinics Market Report Snapshots
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