Surge in launch of innovative digital health platforms for obesity is predicted to boost the market growth during the forecast period. Current technologies, including telehealth, mobile health applications, and wearable devices, present promising prospects for enhancing access to obesity care and improving the quality, efficiency, and cost-effectiveness of interventions for weight management, as well as providing sustained support to patients in the long term. For instance, in July 2023, Alfie Health recently introduced the ObesityRx platform, which utilizes artificial intelligence to create metabolic profiles for individuals, aiming to understand the underlying factors contributing to weight gain. By analyzing this data, the system can recommend tailored treatment plans and behavioral adjustments.
By component, services was the highest revenue-grossing segment in the global digital health for obesity market in 2023 owing to the increasing need for services such as installation, maintenance, & training, rising demand for sophisticated software solutions & platforms such as Electronic Medical Records (EMRs) & Electronic Health Records (EHRs), growing demand necessitates upgrades & training to effectively operate these software solutions, and surge in the launch of advanced platforms. For instance, in December 2023, Knownwell, a holistic healthcare provider blending virtual and in-person services seamlessly, has launched knownwell teens, a specialized early intervention clinical program designed to support the 14 million children and teenagers dealing with obesity in the United States. Additionally, software is predicted to grow at the fastest CAGR during the forecast period owing to the surge in adoption of software systems by patients, providers, insurance payers, & healthcare facilities, heightened healthcare spending, and growing inclination towards digitalizing healthcare processes.
By end-user, patient was the highest revenue-grossing segment in the global digital health for obesity market in 2023 owing to the increasing shift towards patient-centered care, rising demand from individuals to take charge of their health, increasing availability of virtual consultations & patient-care devices aimed at facilitating movement recovery and monitoring various health metrics, and surge in the introduction of innovative platforms. For instance, in October 2023, Mendel.ai, a startup focused on employing artificial intelligence to organize medical data, introduced Hypercube, an AI-driven platform. This groundbreaking system combines structured and unstructured text data, making analytics accessible to all and allowing users to ask questions using natural language. Hypercube then generates results based on individual patient data, improving the accessibility and effectiveness of medical information analysis. Additionally, provider is predicted to grow at the fastest CAGR during the forecast period owing to the growing acceptance of modern technologies such as digital therapeutics & telemedicine in healthcare. Providers are embracing digital solutions to deliver tailored treatment plans, remote consultations, and evidence-based therapies beyond conventional care. The integration of digital tools allows for more personalized and accessible healthcare, ultimately leading to better patient outcomes.
North America region is anticipated for the highest revenue share during the forecast period owing to the increasing technological advancements, supportive government policies, widespread smartphone usage, continuous enhancements in internet access, increased funding & investments, rise in prevalence of chronic diseases, heightened health awareness, growing demand for personalized interventions, and increase in the introduction of innovative platforms. For instance, in January 2024, Eli Lilly and Company launched LillyDirect, an innovative digital healthcare platform designed for patients in the United States dealing with conditions like obesity, migraine, and diabetes. This platform offers extensive disease management tools, personalized support, and enables convenient home delivery of specific Lilly medications through third-party pharmacy dispensing services, thereby improving the overall patient journey. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the increasing prevalence of obesity, expanding smartphone utilization, heightened emphasis on creating telemedicine platforms & mobile applications for diverse health needs such as weight management, rising healthcare IT spending, and surge in the introduction of inventive initiatives. For instance, in March 2023, Nestlé Health Science has initiated the Opt2Win program in India to advocate for the prevention and control of obesity. Powered by Nestlé Optifast, the program seeks to raise awareness and promote proactive measures for weight management through a comprehensive strategy.
This comprehensive research report focuses on the global and regional market size and forecasts from 2023 to 2034.
Report Scope:
- Base Year: 2023
- Forecast Period: 2024-2034
- Study Coverage
- Market Forecast by Component and End-user
- Market Forecast for 5 Regions and 17+ Countries
- North America (U.S. and Canada)
- Europe (Germany, France, UK, Spain, Italy, Russia, Rest of Europe)
- Asia Pacific (China, Japan, India, Australia, South Korea, Rest of APAC)
- Latin America (Brazil, Mexico, Argentina, Rest of LATAM)
- MEA (South Africa, GCC, Rest of MEA)
- Exhaustive Company Profiles of Top 10+ Major Market Players
Segmentation: Digital Health For Obesity Market Report 2023 - 2034
Digital Health For Obesity Market Analysis & Forecast by Component 2023 - 2034 (Revenue USD Bn)
- Hardware
- Software
- Services
Digital Health For Obesity Market Analysis & Forecast by End-user 2023 - 2034 (Revenue USD Bn)
- Providers
- Patients
- Payers
- Others
Digital Health For Obesity Market Analysis & Forecast by Region 2023 - 2034 (Revenue USD Bn)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East & Africa
- South Africa
- GCC
- Rest of MEA
Table of Contents
Companies Mentioned
- Healthify (My Diet Coach)
- WW International
- Teladoc Health Inc.
- BioAge Labs
- PlateJoy HEALTH
- Noom
- Fitnesskeeper Inc.
- WellDoc
- Fitbit Inc
- Tempus
- MyFitnessPal
- Sidekick Health