Press release
Anti-Obesity Therapeutics Market 2021 Size with Top Countries Industry Chain Structure, Competitive Landscape, Future Trends, New Projects and Forecasts up to 2027 | Bristol-Myers Squibb, Eisai Company, FlaxoSithKline plc.,
The “Anti-Obesity Therapeutics Market” provides analysis and insights relating to the many factors expected to be rife throughout the forecast amount whereas providing their impacts on the Market’s growth. The increase within the aviation sector is escalating the expansion of the market. On the other hand, the high value associated with the services is foreseen to hinder the market growth. Lack of practised professionals and specialists is projected to challenge the Anti-Obesity Therapeutics Market within the forecast amount of 2021-2027.The Anti-Obesity Therapeutics Market length is anticipated to develop at a CAGR of 20.9% for 2021-2027.
The rise in customer-centricity within the aviation trade acts collectively of the key factors driving the expansion of the market. The study includes information on rising players, as well as the competitive landscape, revenue, revenue and world market share of the key manufacturers: Bristol-Myers Squibb, Eisai Company, FlaxoSithKline plc., Novo Nordisk, Alizyme, BoehringerIngelheim GmbH, Pfizer, Takeda Pharmaceutical, Rhythm Pharmaceuticals, Shionogi USA, Vivus, Zafgen, Norgine Pharmaceuticals Ltd.
Recent Developments
In January 2021, Novartis AG announced the results of its Phase II trial of the investigational product drug called Bimagrumab. The drug has shown potential for the indication in obesity. The drug is currently being studied in the Novartis pipeline.
In January 2021, Novo Nordisk AS signed a partnership with the start-up Fauna Bio to identify new therapeutic approaches to obesity by studying the molecules and pathways that regulate metabolism in hibernating animals.
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Market Overview
During the COVID-19 situation, it was observed that obesity had increased exponentially. As per an article published by the European Journal of Nutrition in December 2020, the rate of obesity has increased in the world. The major reason being a change in lifestyle and a decrease in exercise practice among people as they avoided gym and yoga classes due to the social distancing protocols. This increase in the obesity population is expected to drive the demand for anti-obesity drugs in the near future. One in five children and adolescents globally are overweight. Incidences of obesity have been increasing fiercely over the past decades, and it is often described as a global endemic, especially in the developed countries where lifestyle-related disorders, such as anxiety, stress, smoking, and drinking, are more prevalent.
on the concept of varieties, the market from 2021 to 2027 is primarily split into:
Hospital Use
Clinic Use
Household
Other
on the idea of applications, the market from 2021 to 2027 covers:
Centrally Acting Anti-obesity Drugs
Peripherally Acting Anti-obesity Drugs
North America is Expected to Dominate the Market over the Forecast Period
North America is expected to dominate the global anti-obesity drugs market. The primary factors driving the growth of the market studied are the increase in the obese population and high healthcare spending. In September 2020, the Centers for Disease Control and Prevention (CDC) notified that adult obesity prevalence is increasing and racial and ethnic disparities persist owing to the current circumstances of work from home, less physical activities, and financial and other stress among the adult population. The CDC stated that obesity remains high, and currently, twelve states have an adult obesity prevalence at or above 35%, including Alabama, Arkansas, Indiana, Kansas, Kentucky, Louisiana, Michigan, Mississippi, Oklahoma, South Carolina, Tennessee, and West Virginia, which is high as compared to 2018, when nine states reported 35% obese population.
Regional Anti-Obesity Therapeutics Market (Regional Output, Demand & Forecast by Countries):
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.
In addition, the market report provides Associate in Nursing in-depth analysis of each region, conjointly has Associate in Nursing in-depth country analysis. additionally, to plug revenue, the market value report conjointly provides forecast analysis of countries and regions. A top-down demand analysis was conjointly administered.
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Key edges for Anti-Obesity Therapeutics Market:
This study contains an Associate in Nursing analytical depiction of the Anti-Obesity Therapeutics market trends with current trends and future estimations to depict the approaching investment pockets.
the worldwide market research report presents info related to key drivers, restraints, and opportunities with elaborate impact analysis.
Porter’s 5 forces analysis illustrates the efficiency of the patrons and suppliers within the Anti-Obesity Therapeutics market share.
The study conjointly contains the Anti-Obesity Therapeutics market chance that helps key players in deciding.
The leading players within the trade predict a high revenue margin from Anti-Obesity Therapeutics market returns.
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FREQUENTLY ASKED QUESTIONS-FAQ?
Q1. What is the entire market value of the Anti-Obesity Therapeutics Market report?
Q2. What would be the forecast amount at intervals in the market report?
Q3. What's the market price of the Anti-Obesity Therapeutics Market in 2021?
Q6. Those square measures the highest firms holding the market share within the Anti-Obesity Therapeutics Market
Q7. Those square measures the key matured markets growing at intervals the Anti-Obesity Therapeutics Market report
Q8. That is that the foremost influencing phase growing at intervals is the Anti-Obesity Therapeutics Market report
Effect of COVID-19:
The Global Market report investigates the result of Coronavirus (COVID-19) on the trade. Since Dec 2019, the COVID-19 infection has unfolded to 180+ nations around the world with the World Health Organization saying it is a general well-being crisis. The worldwide effects of the Covid infection 2019 (COVID-19) square measure currently beginning to be felt, and may primarily influence the market in 2020
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