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Binge Eating Disorder Market: Well Developed Healthcare System to Boost Growth in North America
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Increasing Disposable Income Likely to Favor Growth in Asia Pacific
The global binge eating disorder market is geographically divided into the Middle East and Africa, Europe, Asia Pacific, North America, and Latin America. Amongst these regions, North America was leading the global binge eating disorder market in the year 2018 and the region is anticipated to retain its position throughout the forecast period. It would occur due to increasing demand for mental health wellness, well-established healthcare system, and rising incidence of binge eating disorder. Moreover, rising prevalence of associated comorbidities, easy access to novel, and technologically advanced therapeutics will also contribute to the increasing binge eating disorder market sales in this region during the coming years.
Fortune Business Insights has listed some of the prominent market players operating in the global binge eating disorder market. They are:
• Jazz Pharmaceuticals, Inc.
• Takeda Pharmaceutical Company Limited
• Orexigen Therapeutics, Inc.
• VIVUS, Inc.
• Sunovion Pharmaceuticals, Inc.
• Eli Lilly and Company
• H. Lundbeck A/S
• Novo Nordisk A/S
• Other market players
Mental Health America (MHA), a non-profit community that aids in addressing the needs of patients suffering from mental illness, had conducted a research. According to it, approximately 10 million men and 20 million women in the U.S. suffer from eating disorder that requires clinical assistance at some phase of their life. Asia Pacific, on the other hand, is considered to be one of the fastest-growing binge eating disorder market due to increasing awareness programs regarding psychological wellbeing and rise in disposable income of the populace. Furthermore, decreasing stigma associated with treatment options, ongoing developments in healthcare system, and rising incidence of eating disorders are likely to propel the market growth in this region.
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Sunovion Bags FDA Approval for Dasotraline to Treat Moderate-to-severe Binge Eating
In July 2019, Sunovion Pharmaceuticals, Inc., a leading pharmaceutical company, declared that the FDA had approved it's New Drug Application (NDA) for dasotraline. It is an advanced norepinephrine reuptake inhibitor (DNRI) and dopamine that is used for the treatment of moderate-to-severe binge eating disorder in adults. Dasotraline is once-daily medication that is characterized by extended half-life. The drug has also shown good results in the clinical trials that were conducted earlier.
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