WEIGHT MANAGEMENT MARKET ANALYSIS
The weight management market is expected to evolve with the development of novel technologies. For instance, in 2017, Neurovalens raised around US$ 1.6 million in crowdfunding. For the development of Modius, a headband that stimulates the brain to control metabolism and fat storage, boosting the former, while decreasing the individual’s appetite. Furthermore, StayWell acquired MedHelp’s health engagement platform. The acquisition helped the company reach 3 million users of the MedHelp Company and incorporate MedHelp’s Sugar Sense and My Diet Diary apps to its existing diabetes management and weight loss solutions portfolios.
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