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Fat Dissolving Injections: Short Cuts Can Cut Short Lives
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The FDA has issued an alert on the surging craze for fat dissolving injections and the adverse side effects. Most of these fat burning injections have ingredients not evaluated by the FDA and the injections except Kybella did not receive the FDA approval for use.
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Weight Management Market Size, Share, Outlook & Trend by 2032 | FMI

The Global Weight Management Industry is poised for significant expansion, with projections indicating a remarkable Compound Annual Growth Rate (CAGR) of 7.7%. According to the latest insights spanning from 2022 to 2032, the market is anticipated to amass a staggering US$ 725.6 Billion. This upward trajectory is underpinned by the pervasive adoption of sedentary lifestyles, underscoring the escalating demand for effective weight management solutions.

In the period from 2021 to 2022, the market experienced a noteworthy Year-on-Year (Y-o-Y) growth rate of 8.3%, culminating in a valuation of US$ 345.5 Billion. This robust growth follows the market’s standing at US$ 319 Billion in 2021, emphasizing the sector’s resilience and continuous evolution.

For example, in 2019, franchise owners in Metro Detroit unveiled a new Crunch Fitness gym in Waterford Township, marking the fifth fitness center established by the company in addition to its other branches in Farmington Hills, Westland, Dearborn, and Taylor. These developments highlight the region’s potential for significant market expansion in the upcoming years.

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In the preceding year, from 2021 to 2022, the market demonstrated robust year-on-year (Y-o-Y) growth at an impressive rate of 8.3%, culminating in a total valuation of US$ 345.5 billion. Notably, as of 2021, the Global Weight Management Industry already boasted a substantial worth, valued at US$ 319 billion.

This significant market expansion underscores the growing awareness and commitment to maintaining a healthy weight, as individuals increasingly seek innovative solutions to address their weight-related concerns.

As per the Institute of Health Metric and Evaluation, 30% of the world’s population is obese. Obese is one of the major health challenges in developed and developing countries. Also, the rising volume of bariatric surgeries and the rising adoption of online weight loss & management programs are anticipated to positively influence the industry in the forecast period.

The growing prevalence of obesity among the expanding population is expected to propel the market expansion during the forecast period. As per the World Obesity Atlas 2022, one billion people globally, including 1 in 5 women and 1 in 7 men, will be living with obesity by 2030. This significant rise in the number of obese patients is anticipated to drive demand for an efficient weight management system. Further, growing awareness about weight management and obesity among developing nations is expected to drive market growth in the coming period.

Increasing strategic collaborations of players with each other are expected to drive market growth during the forecast period. In September 2019, Currax Pharmaceutical disclosed the acquisition of Nalpropion Pharmaceuticals. This acquisition resulted in the addition of Contrave anti-obesity medication to Currax’s product portfolio. Similarly, in November 2019, Novo Nordisk collaborated with UNICEF to prevent children from obesity. Such partnerships among players are expected to benefit the industry growth during the forecast period.

Lack of awareness regarding obesity and the inability to afford premium health club memberships among developing countries are expected to impact the market negatively in the forthcoming period. As per IQVIA, only 2% of the total obese population is treated with prescribed medicines. Further, the presence of a limited number of market players is another cause hindering the expansion. However, rising disposable income and increasing awareness about the alternatives for weight loss and management can propel market growth in the forecast period.

Key Takeaways from the Market Study

Weight management market to secure US$ 725.6 Billion during the forecast period from 2022 to 2032.
By equipment, the fitness equipment segment is anticipated to expand at a CAGR of 7.6% during the forecast period.
The weight management industry to be dominated by the U.S while garnering US$ 250 Billion by 2032
The weight management industry in China is expected to expand at the highest CAGR of 6.8% during the forecast period
The weight management market in Japan is estimated to reach US$ 41.1 Billion by 2032
“Increasing cases of obesity and the growing health concerns among baby boomers are expected to support the market expansion in the coming time,” remarks an analyst at FMI.

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Competition Analysis

Key players in the industry include Herbalife Nutrition Ltd., NutriSystem, Inc., Weight Watchers International, Inc., eDiets.com, Inc., and Brunswick Corporation. Major developments in the market are:

In June 2022, Herbalife Nutrition inked a sports nutrition partnership with Notre Dame shooting guard Blake Wesley, who has been training at the Herbalife Nutrition IMPACT Basketball Center.
In January 2021, Herbalife Nutrition, an eminent nutrition company, announced that it had inked an agreement to repurchase approximately US$ 600 million of the Company’s common share beneficially owned by Carl C. Icahn and certain of his affiliates for US$ 48/05 per share.
In December 2020, Kainos Capital, a firm focused on specializing in managing food and consumer businesses, completed the acquisition of Nutrisystem from Tivity Health for US$ 575 Million. The private Capital Group of MSD Partners, LP partnered with Kainos Capital in the transaction in the form of preferred and common equity investment.
More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the Global Weight Management Industry, presenting a historical analysis from 2015 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights based on Diet (Meals, Beverages, Supplements), Equipment (Fitness Equipment, Surgical Equipment), Services (Fitness Centers, Slimming Centers, Consultation Services, Online Weight Loss Services), and region (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America).

About the Healthcare Division at Future Market Insights

The healthcare team at Future Market Insights offers expert analysis, time-efficient research, and strategic recommendations with the objective of providing authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis of key trends including competitive landscape, profit margin, and research development efforts.

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Key Segments Profiled in the Global Weight Management Industry Report

Global Weight Management Industry by Diet:

Weight Management Meals
Weight Management Beverages
Weight Management Supplements
Global Weight Management Industry by Equipment:

Weight Management Fitness Equipment
Weight Management Surgical Equipment
Global Weight Management Industry by Services:

Weight Management across Fitness Centers
Weight Management across Slimming Centers
Weight Management Consultation Services
Weight Management through Online Weight Loss Services

Joint Reconstruction Devices Market Trends & Forecast by 2032 | FMI

The Global Joint Reconstruction Devices Industry, currently valued at US$ 26 billion, is poised for remarkable growth, with projections indicating a surge to US$ 41.5 billion by the year 2032. This substantial expansion is expected to be driven by a steady Compound Annual Growth Rate (CAGR) of 4.8% throughout the period between 2022 and 2032.

Joint reconstruction encompasses a diverse spectrum of treatments, including physiotherapy, surgical interventions, and advanced pain management strategies. The primary choice of therapy for many is physiotherapy, but for those seeking a lasting solution, surgical procedures are often the preferred course of action. Notably, minimally invasive surgeries are gaining traction due to the convenience they offer for both surgeons and patients, along with reduced hospital stay durations and quicker turnaround times.

In the realm of joint reconstruction, artificial implants take center stage, thanks to their simplicity of installation. Arthroscopes are revolutionizing the landscape by enabling outpatient surgeries, providing patients with enhanced convenience. Additionally, the utilization of advanced tools, such as image magnifiers and pre-operative planning systems, is further contributing to the evolution of joint reconstruction procedures.

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Future Market Insights has walked through these facts with future perspectives in its latest market study entitled ‘Joint Reconstruction Devices’ through its dedicated team of analysts and consultants. The bottom-up approach is bound to go a long way regarding the rapport with clientele. Also, micros and macros have been efficiently worked upon.

Key Takeaways from Joint Reconstruction Devices Industry

North America holds more than 30% of the market share. This could be credited to the US housing a huge number of industry players.
Europe stands second on the similar grounds and the status quo is expected to remain unchanged even going forward.
The Asia-Pacific is expected to grow at the fastest rate. This could be attributed to FDI being approved by the governments of India and China. Japan is another country leading from the front.
With increase in the number of distribution partners, Mexico and Brazil are expected to dominate the joint reconstruction devices industry for LATAM.
Competitive Devices

Smith + Nephew, in February 2022, did announce launching next generation handheld robotics platform called ‘CORI Surgical System’ at the commercial scale. It stands out from its counterparts with respect to compactness. Minimal set-up time along with portability implies that it could be moved from one theater to the other for optimizing patients’ flow via surgical units.
Zimmer Biomet Holdings, Inc., in December 2020, did announce that it had completed acquisition of A&E Medical Corporation and its entire portfolio comprising sternal closure devices. They included cable systems, sternal sutures, and rigid fixation.
DePuy Synthes, in March 2022, did acquire CUPTIMIZE Hip-Spine Analysis – a tool floated with the objective of better understanding and addressing effect of abnormal motion between pelvis and spine in certain patients who need THA (total hip arthroplasty). It improvises on surgical planning capabilities related to VELYS Hip Navigation (a solution from DePuy Synthes’ VELYS Digital Surgery platform for connected technologies).
LimaCorporate, in October 2022, did receive approval from the US FDA for a new-fangled shoulder platform emphasized on glenoid baseplate. Humeral stem is 3D-printed in its entirety. This dental implant system, using patented TT (Trabecular Titanium) technology, does aim to obtain robust primary fixation with successful growth of secondary bone.
Smith + nephew PLC, in September 2022, did launch OR3O dual mobility system for usage in revision and primary arthroplasty in Japan.
“With success with respect to rheumatoid arthritis and osteoarthritis, the global market is bound to grow inadvertently in the near future”, says an analyst from Future Market Insights.

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How does the Report reconstruct itself?

The research study is based on technology (joint reconstruction devices for joint replacement, joint reconstruction devices for osteotomy, joint reconstruction devices for arthroscopy, joint reconstruction devices for resurfacing, joint reconstruction devices for arthrodesis, and joint reconstruction devices for other technologies), and by type (knee joint reconstruction devices, hip joint reconstruction devices, shoulder joint reconstruction devices, ankle joint reconstruction devices, and other joint reconstruction devices).
With growing occurrences of orthopedic diseases coupled with increasing geriatric population, the global joint reconstruction devices market is expected to witness a noteworthy CAGR in the near future.
Key Segments Covered In The Joint Reconstruction Devices Industry Survey

Joint Reconstruction Devices Industry by Technology:

Joint Reconstruction Devices for Joint Replacement
Joint Reconstruction Devices for Osteotomy
Joint Reconstruction Devices for Arthroscopy
Joint Reconstruction Devices for Resurfacing
Joint Reconstruction Devices for Arthrodesis
Joint Reconstruction Devices for Other Technologies
Joint Reconstruction Devices Industry by Type:

Knee Joint Reconstruction Devices
Hip Joint Reconstruction Devices
Shoulder Joint Reconstruction Devices
Ankle Joint Reconstruction Devices
Other Joint Reconstruction Devices
Joint Reconstruction Devices Industry by Region:

North America Joint Reconstruction Devices Market
Latin America Joint Reconstruction Devices Industry
Europe Joint Reconstruction Devices Market
Asia Pacific Joint Reconstruction Devices Industry
Middle East & Africa Joint Reconstruction Devices Industry

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