Weight Loss Market Size
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Fight obesity? The $3 Trillion Healthy Weight Loss Business Opportunity
Obesity is defined as a BMI value of 30 or more. It refers to a physical state in which excessive accumulation of body fat has a negative impact on health, which may lead to shortened life span and various chronic diseases and health problems. With the COVID-19 The impact of the global epidemic has aggravated the impact of obesity. According to research, respiratory deterioration caused by obesity will increase the risk of COVID-19 patients.
The World Health Organization (WHO) recommends measuring obesity with Body Mass Index (BMI), which is calculated by dividing weight (in kilograms) by the square of height (in meters). Studies have shown that overweight or obesity (BMI≧24) is a major risk factor for chronic diseases such as diabetes, cardiovascular disease, and malignant tumors, while people with a BMI≧30 are considered "obese" patients. In addition to being unhealthy, "obesity" itself is defined as a "disease" by medicine.
Why does obesity increase the risk of COVID-19 patients? Fatima Cody Stanford, MD, obesity, Massachusetts General Hospital, Boston, USA, said: "Obesity patients because the accumulation of fat around the abdominal area restricts the movement of the diaphragm, making it more difficult for the lungs to expand, making breathing more difficult and more dangerous than ordinary people. "Obesity is also under the influence of this wave of epidemics, and it has been re-examined, which has aroused the attention and resonance of many countries, and will also lead to a sustained wave of weight loss and the business opportunities that follow. With the expansion of the COVID-19 epidemic, in order to effectively prevent the epidemic, most people choose to reduce going out or implement home isolation, remote work, etc., resulting in a sharp increase in the global obesity population. Governments have also issued corresponding policies to solve the obesity problem in various countries. Medical experts in the UK and the US have revealed that obesity is positively correlated with the risk of the COVID-19 epidemic. The governments of the UK, the US, and Latin American countries have followed up and implemented the "National Weight Loss" plan. Because the treatment of obesity is expensive, " Therefore, "healthy weight loss" has become a new trend in various countries, and behind it has brought huge new business opportunities worth trillions of dollars.
As for which companies can share the healthy and slimming business opportunities spread across the world? It is estimated that the current global sports market size is about 670 billion US dollars, and the global diet management market is currently about 770 billion US dollars. It is expected that each will have a global market of more than 1 trillion US dollars in 2025, adding up to a global business opportunity of 3 trillion US dollars; The global medical beauty aids, health care products, sports video games and other markets are each about more than 100 billion US dollars, so the surrounding companies have a market of more than 300 billion US dollars. The compound annual growth rate of these markets in the next 5 years will exceed 10%, making "health" "Slimming" has become an emerging global investment target, and related industries have also "moved" along with it.