Press release
Obesity Management Market 2023 | Pfizer Inc., Merck Sharp & Dohme Corp., a subsidiary of Merck & Co., F. Hoffmann-La Roche Ltd, Etc Vendors Driving the Market Globally
Market Research Future published reports related to the healthcare sector among others, recently forecasted in its report on Global Obesity Management Market Research Report- Forecast to 2023 that the market will demonstrate a steady CAGR of 8.4% while achieving US$ 6.2 billion by 2022.The global obesity managements market is growing with a swift phase; mainly due to increase in patient population and research and development done by market players to fill the gap of market. According to World Health Organization (WHO), the worldwide prevalence of obesity nearly doubled between 1980 and 2008. According to country estimates for 2008, over 50% of both men and women in the WHO European Region were overweight, and roughly 23% of women and 20% of men were obese. It is the cause of many health problems, such as obesity, heart disease, and certain cancers. Obesity leads to short- and long-term health problems for mother and her child, if she is excess weight during pregnancy.
Obesity Management Market is growing moderately. Changing lifestyle and unhealthy eating habits are leading to the problem of obesity. The population of obese people are increasing globally. Obesity leads to various diseases such as diabetes, hypertension, heart diseases and many others. Drugs manufacturers investing their money in R&D to develop effective anti-obesity drugs. Obesity management Market is expected to grow at the average CAGR of 8.4% during 2018-2022. Obesity management Market is expected to reach US$ 6.2 billion by 2022 from US$ 4.17 billion in 2015. However, several side effects of drugs, regulatory issues and high cost are the major restraints for the market.
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Key Players for Obesity Management Market
Some of the key players in this market are: Pfizer Inc. (US), Merck Sharp & Dohme Corp., a subsidiary of Merck & Co., Inc. (US), F. Hoffmann-La Roche Ltd (Switzerland), GlaxoSmithKline plc. (UK), AstraZeneca (UK), Herbalife Ltd. (U.S.), Apollo Endosurgery (U.S.), Ethicon, Inc. (U.S.)
Segmentations for Obesity Management Market
Obesity Management Market has been segmented on the basis of Prescription weight-loss medication which comprise orlistat (Xenical), lorcaserin (Belviq), phentermine and topiramate (Qsymia), buproprion and naltrexone (Contrave), and liraglutide (Saxenda), and others.
On the basis of Surgery it segmented into Gastric bypass surgery, Laparoscopic adjustable gastric banding (LAGB), Biliopancreatic diversion with duodenal switch, and others. On the basis of lifestyle changes it is segmented into Dietary changes, Exercise, and others.
Regional Analysis of Obesity Management Market
Considering the Global scenario of the market, North America region is believed to be the largest market for Obesity management. Moreover the European market is also growing and second largest market for Obesity management.
On the other hand, Asia-Pacific market is expected to grow at significant rate in the Obesity management during the forecasted period. Rest of the World is likely to have a limited but steady growth in the market.
Some Brief Table of Content of Obesity Management Market Report
Chapter 1. Report Prologue
Chapter 2. Introduction
2.1 Definition
2.2 Scope of the Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
2.3 Market Structure
2.4. Market Segmentation
Chapter 3. Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Mega Trends
TOC Continued….
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