U.S. Weight Loss Market Shrinks by 25% in 2020 with Pandemic, but Rebounds in 2021

Part of the weight loss market was hit hard in 2020 as the COVID-19 pandemic and ensuing recession forced the closure of health clubs and many retail weight loss centers.

Topics: Food & Beverage Pharmaceuticals Healthcare Industry Insights

U.S. Chiropractic Industry Held Up Well During the Pandemic

The competitive $15 billion U.S. chiropractic services industry, populated by nearly 40,000 offices, held up well during the COVID-19 pandemic, being classified as an essential service.

Topics: Healthcare Industry Insights

The Future of the Global Home Healthcare Industry

With more than 81 million COVID-19 cases and 1.7 million deaths worldwide as of December 2020, as per the World Health Organization (WHO), the COVID-19 pandemic continues to be an ongoing problem and is expected to have a long-term impact on home healthcare products.

Topics: Healthcare Medical Devices Industry Insights

Winners and Losers in the Consumer Goods Industry During Q4-2020

International trade data can represent an accurate barometer of the state of the health of the global economy, even more so in the current extraordinary circumstances, that require up-to-date monitoring for companies involved in international business.

Topics: Food & Beverage House & Home Retail Apparel Pharmaceuticals Healthcare Industry Insights

U.S. Weight Loss Industry Struggles in 2020, but Commercial Chains Survive Pandemic

The total U.S. weight loss market hit a new peak in 2019, growing to $78 billion. However, that growth came to a halt when the coronavirus hit last March, shutting the doors of many weight loss centers, doctors’ offices, clinics, and other businesses for 8–10 weeks. As a result, the market’s value is estimated to have fallen by 21%.
Topics: Food & Beverage Pharmaceuticals Healthcare

$7 Billion U.S. Health Coaching Market Gains Favor Among Consumers, Insurers & Employers

Health coaching has emerged as a $7 billion service market, with a strong growth outlook. There are now an estimated 128,000 health coaches and health educators that advise and motivate clients to change bad lifestyle habits and to manage chronic conditions such as diabetes.

Topics: Healthcare Industry Insights

$2 Billion U.S. Autism Treatment Market Is Poised for Growth Next Year

There are 3.5 million children and adults with autism in America. The North American market for autism disorder treatment is expected to grow over the next five years, due to a variety of factors:
Topics: Pharmaceuticals Healthcare Industry Insights

The Coronavirus’ Effect on the Health Care Industry

The Coronavirus pandemic created new risks for patients and care givers alike. Significant new safety practices and costs will be standard for years to come—perhaps forever, as we seek to eliminate the spread of the Coronavirus as well as any future viral threats.

Topics: Pharmaceuticals Healthcare Industry Insights

Spread of COVID-19 Has Pushed the Global Telemedicine Market to the Forefront

Telemedicine technology was never a part of mainstream medical practice a few years back. However, in the last three to five years, the dynamics of the healthcare industry have changed due to a shift to direct-to-consumer telemedicine services, which gained significant attention from both investors and patients.

Topics: Healthcare Industry Insights

The Growing Market for Chronic Lower Back Pain (CLBP)

Chronic lower back pain (CLBP) is the second leading cause of disability worldwide. The prevalence of CLBP in adults has grown significantly over the last ten years.

Topics: Pharmaceuticals Healthcare Industry Insights