Press release
Obesity Treatment Market Witness for Rapid Growth in HEALTHCARE with Allergan Plc, Medtronic, VIVUS Inc., Atkins Nutritionals Inc., EnteroMedics Inc, F. Hoffmann-La Roche Ltd., Apollo Endosurgery Inc., Novo Nordisk A/S
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. 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. 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.
Obesity Treatment Market-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.
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Obesity Treatment Surgery Outlook and Trend Analysis
Obesity can be effectively managed through surgical and non-surgical methods such as use of drugs and making changes in lifestyle. Weight loss drugs including diethylpropion and lorcaserin alter the way by which brain regulates urge to eat leading to decreased appetite. These medicines along with lifestyle changes results in effective weight loss. Surgical fat removal procedures such as Gastric bypass surgery are used when patients doesn’t respond to drugs or lifestyle changes. During surgical procedure, small part of stomach is connected to intestine to decrease the amount of fat body can take or store, leading to weight loss.
Global Obesity Treatment Market Segmentation:
By Drugs
Appetite Suppressants
Satiety
Combination Drugs
Malabsorption
By Devices and Surgery
Roux-en-Y Gastric Bypass
Biliopancreatic Diversion with Duodenal Switch
Adjusting Gastric Banding
Sleeve Gastrostomy
Endoscopic Procedures
Others
Obesity Treatment Market-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.
Obesity Treatment Market-Market Opportunities
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 TOC:
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.1.1. United States Market States and Outlook (2014-2025)
4.1.2. Canada Market States and Outlook (2014-2025)
4.1.3. Mexico Market States and Outlook (2014-2025)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1. Germany Market States and Outlook (2014-2025)
4.2.2. France Market States and Outlook (2014-2025)
4.2.3. UK Market States and Outlook (2014-2025)
4.2.4. Russia Market States and Outlook (2014-2025)
4.2.5. Italy Market States and Outlook (2014-2025)
4.2.6. Rest of Europe Market States and Outlook (2014-2025)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
....
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