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Anti-Obesity Drugs Highlights the Competitive Scenario of the Market, Major Competitors, Market Share, Benchmarking, Investments and Merger Acquisitions
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Obesity can be defined as a medical condition, in which excessive or abnormal accumulation of fat occurs in a patient. A person with body mass index (BMI) of 30 or above is considered obese. There are several factors causing obesity, such as eating habits, physical inactivity, and genetic makeup. Obesity has serious negative impact on an individual’s health. An obese individual is at a higher risk of developing chronic diseases, such as breast cancer, endometrial cancer, colon cancer, type 2 diabetes, cardiovascular diseases, and musculoskeletal disorders. According to the WHO, in 2014, there were 600 million obese people aged 18 years or above, which accounted for 13% of the total adult population in the world. The prevalence of obesity is the highest in the U.S. According to the Center for Disease Control and Prevention (CDC), in the U.S., 35.1% of the adult population aged 20 years or above were obese during 2011 - 2012.
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Some of the factors driving the growth of the global anti-obesity drugs market are increasing awareness regarding obesity, growing healthcare expenditure, increasing geriatric population, increasing lifestyle related diseases, growing incidences of obesity and obesity related diseases. In addition, the major players are investing huge capital for the research and development of anti-obesity drugs; hence, fueling the growth of the global anti-obesity drugs market. However, stringent regulatory approvals, high cost of anti-obesity prescription drugs, and increasing patient compliance for surgical procedures are some of the factors, restraining the growth of the global anti-obesity drugs market to some extent.
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Some of the major players operating in the global anti-obesity drugs market are F. Hoffmann-La Roche AG, Arena Pharmaceuticals Inc., Orexigen Therapeutics Inc., GlaxoSmithKline PLC, Boehringer Ingelheim GmbH, Pfizer Inc., Merck & Co. Inc., Takeda Pharmaceuticals Company Limited, Eisai Co. Ltd., Novo Nordisk A/S, Zafgen, Rhythm Pharmaceuticals, Zydus Cadila, and Norgine B.V.
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