Saudi Arabia Weight Loss Services Market Size & Outlook
Saudi Arabia weight loss services market, 2016-2027 (US$M)
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Saudi Arabia weight loss services market highlights
- The Saudi Arabia weight loss services market generated a revenue of USD 178.2 million in 2020 and is expected to reach USD 334.5 million by 2027.
- The Saudi Arabia market is expected to grow at a CAGR of 9.4% from 2021 to 2027.
- In terms of segment, fitness equipment was the largest revenue generating equipment in 2020.
- Fitness Equipment is the most lucrative equipment segment registering the fastest growth during the forecast period.
Weight loss services market data book summary
| Market revenue in 2020 | USD 178.2 million |
| Market revenue in 2027 | USD 334.5 million |
| Growth rate | 9.4% (CAGR from 2020 to 2027) |
| Largest segment | Fitness equipment |
| Fastest growing segment | Fitness Equipment |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fitness Equipment, Surgical Equipment |
| Key market players worldwide | Atkins, Nutrisystem, Herbalife Ltd, Apollo Hospitals Enterprise, Johnson & Johnson, WW International Inc, WK Kellogg Co, Amer Sports Inc, Cynosure, Dr. Bernstein Diet & Health Clinics |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 1.3% of the global weight loss services market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In Middle East & Africa, South Africa weight loss services market is projected to lead the regional market in terms of revenue in 2027.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 393.9 million by 2027.
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Weight Loss Services Market Scope
Weight Loss Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia weight loss services market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to weight loss services market will help companies and investors design strategic landscapes.
Fitness equipment was the largest segment with a revenue share of 71.49% in 2020. Horizon Databook has segmented the Saudi Arabia weight loss services market based on fitness equipment, surgical equipment covering the revenue growth of each sub-segment from 2016 to 2027.
Saudi Arabia weight loss services market is anticipated to witness considerable growth over the forecast period, owing to the increase in supporting government initiatives to create awareness and manage diabetes.
The Ministry of Health of the country has approved a 10-year executive plan to control diabetes (2010-2020) and help in its prevention.
Moreover, increase in awareness about obesity and other associated diseases is expected to drive the market growth.
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Target buyers of Saudi Arabia weight loss services market databook
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Our clientele includes a mix of weight loss services market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia weight loss services market, including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia weight loss services market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Saudi Arabia weight loss services market size, by equipment, 2016-2027 (US$M)
Saudi Arabia Weight Loss Services Market Share, 2020 & 2027 (US$M)
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