With almost hundreds of billions of dollars in the healthcare industry, especially in the weight loss sector, young entrepreneurs are looking for more opportunities in building an effective business strategy to contribute to the growing concerns over obesity and weight gain issues around the world.
The study done on the developments of the weight loss sector globally states that an estimated ₹20,811 thousand crores was the weight loss products and services industry in 2021 and is estimated to reach a whopping ₹30,778 thousand crores by the end of 2026 at a compound annual growth rate (CAGR) of 8.2% during the forecast period of 2021-2026.
As staggering as the numbers are, the growth potential is immense too. The concept of “prevention is better than cure” may be one of the reasons for the huge increase in numbers. People are not only going to hospitals and clinics when they are sick but also when they want to keep themselves healthy, too. As a result, the treatment scope changes. It is now a matter of preventing illnesses and avoiding unnecessary treatments.
As a result of this shift, entrepreneurs in healthcare are introducing innovative measures, techniques, systems, and novelties that could enhance health. The result is a plethora of highly profitable products and services associated with healthcare and weight loss that is not solely controlled by medical professionals, or treatment facilities.
With over 10 franchises established within 2 years of its establishment, ProGen Weight Management has proven to be the best at delivering a standardised, result-oriented weight loss method. A new method of weight loss is on the horizon, and we are looking for entrepreneurs to lead the way. We are inviting investors, entrepreneurs and franchise buyers to join our vision.
We are happy to assist your queries on franchisees at info@progenmethod.com
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