Global Obesity Treatment Market Growth Analysis (2018 – 2025) - Allergan Plc, Medtronic, VIVUS, Inc., Atkins Nutritionals, Inc., EnteroMedics, Inc, F. Hoffmann-La Roche Ltd., Apollo Endosurgery, Inc., Novo Nordisk A/S, USGI Medical, Inc., Ethicon (subsi
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Regional Outlook and Trend Analysis:
North America held a significant share of the obesity treatment market in 2016 due to the increase in obesity cases in various states. In addition, increase in disposable income has also led to more adoption of obesity treatment by people. The Asia-Pacific market has not experienced any substantial growth due to lack of large scale adoption of advanced treatment for obesity management but can experience favorable growth in coming years owing to increasing awareness and changing lifestyles related to obesity management in the region.
Competitive Outlook and Trend Analysis:
The key players operating in the global obesity treatment market emphasize on product development in order to introduce improve obesity treatment and capture a larger share of the market. Some of the major players in this market are, Allergan Plc, Medtronic, VIVUS, Inc., Atkins Nutritionals, Inc., EnteroMedics, Inc, F. Hoffmann-La Roche Ltd., Apollo Endosurgery, Inc., Novo Nordisk A/S, USGI Medical, Inc., Ethicon (subsidiary of Johnson & Johnson), Herbalife Ltd., Cousin Biotech, Johnson Health Technology, Ltd., Orexigen Therapeutics, and Technogym Spa.
Industry Overview and Trend Analysis:
Obesity treatment market is expected to experience an average growth in coming years between 2017 and 2025. The market is expected to become $0.81 billion by 2025 at a slow CAGR of 4.72%. The technological advancement to improve compliance rates of surgeries, Government initiatives to increase awareness about fitness among people and aggressive promotional activities to attract customers will be the major driving factors of obesity treatment market. Obesity has become a common phenomenon across the globe in all age groups. For instance, as per survey, in US, adult obesity rates has exceeded more than 34% in five states, more than 28% in 26 states and more than 22% in 48 states in 2016. This trend gives an indication of increase in demand of obesity treatment in the upcoming years. However, successful treatment of obesity and overweight requires lifelong effort for making permanent changes in both energy intake and expenditure. As a result, people fail to continue with the treatment due to high cost and prefer to opt for low cost alternatives which are easily available in the market. In addition, post-surgical side effects and high cost of customization will also restrain the growth of the market over the forecast period. Even the key players of the market avoid taking risk of innovation as the chance of return on investments is very low. Thus, considering all these drivers and challenges, obesity treatment market is expected to witness average growth in the upcoming years.
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Global Obesity Treatment Market Segmentation:
By Drugs: Appetite Suppressants, Satiety, Combination Drugs and Malabsorption
By Devices and Surgery: Roux-en-Y Gastric Bypass, Biliopancreatic Diversion with Duodenal Switch, Adjusting Gastric Banding, Sleeve Gastrostomy, Endoscopic Procedures and Others
By Region: North America: (U.S, Canada & Mexico), Europe: (Germany, France, UK, Italy, Spain & Rest of Europe), Asia-Pacific: (Japan, China, Australia, India, South Korea, Rest of Asia-Pacific) and Rest of the World: (Brazil, South Africa, Saudi Arabia, Turkey, United Arab Emirates & Others)
The key opportunity for the players operating in obesity treatment market lies in the development of various types of drugs and surgical devices for treatment and also increasing awareness towards obesity. Apart from that, innovative marketing strategies will further broaden the opportunities of the key players to grow significantly over the forecast period. In addition, manufacturing of budget efficient carbohydrate diet for obesity, will further increase demand of this market, creating a lucrative opportunities for growth, for the key players of this market.
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Major Table of Contents:
Chapter 1. Introduction
Chapter 2. Executive Summary
Chapter 3. Market Overview
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2.Market Share Analysis
184.108.40.206.Increasing cases of Obesity across the Globe
220.127.116.11.Increasing disposable income and changing lifestyles
18.104.22.168.High Cost of Obesity Treatment Devices and Drugs
22.214.171.124.Risk of Post-Surgical Side-Effects
126.96.36.199.Availability of Low Cost Alternatives
188.8.131.52.Emerging Markets to Offer Lucrative Growth Opportunities
3.4. Industry Trends
…Read Full Table of Contents
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