Metabolism Drugs Market Size, Share, Growth Analysis 2023-2029

The global metabolism drugs market size was valued at USD 7,098.9 million in 2022 and is poised to grow at a significant CAGR of 5.42% during the forecast period 2023-29. The primary drivers of the expansion of the global metabolism drugs market include the increasing prevalence of metabolic diseases across the globe and rising incidence of obesity, increasing unhealthy lifestyle, and presence of comorbidities. In addition, growing research and development of new drugs and analytical tools is expected boost the market growth over the forecast period.

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The global metabolism drugs market is segmented based on therapy type, application, distribution channel, and geography.

Based on the therapy type, the market is segmented into the following:
• Enzyme Replacement Therapy
• Substrate Reduction Therapy
• Small Molecule Drugs
• Drug Therapy
• Others

Based on the application, the market is segmented into the following:
• Glycogen Metabolism Disease
• Lipid Metabolism Disease
• Amino Acid Metabolism Disease
• Others

Based on the distribution channel, the market is segmented into the following:
• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies

Based on geography, the market is segmented into the following:
• North America
• Europe
• The Asia Pacific
• Latin America
• MEA

Based on the therapy type, the global Metabolism Drugs market is segmented into Enzyme Replacement Therapy, Substrate Reduction Therapy, Small Molecule Drugs, Drug Therapy, Others. The drug therapy segment is expected to account for a larger revenue share in the global metabolism drugs market owing to its extensive usage across the globe, ease of administration and its high-reliability rate. In addition, technological advancement in the administration of these medication without disturbing patient's day to day activities is expected to boost the market over the forecasted years. Furthermore, the introduction of smart drug delivery devices and smart dosage control methods are anticipated to further trigger the growth of metabolism drugs market in this segment.

North America Metabolism Drugs Market
The North America metabolism drugs market is expected to increase over the forecast period due to the several market players present in this region. In addition, increasing prevalence of obesity and diabetes, well-developed healthcare infrastructure and presence of many healthcare research institutes, high healthcare expenditure and rising awareness about the metabolic disorders are expected to boost the market growth in this region. Furthermore, increasing research & developments of pipeline drugs by market players and approvals of drugs in this region is expected to trigger the market growth.

Strategic New Product Launches, Mergers, Acquisitions, and Agreements are the key strategies adopted by market players.

The global Metabolism Drugs market further reveals that the key players are increasingly adopting strategies such as the launch of newer products, product launches, and long-term alliances to improve market revenue share and gain significant geographic presence across the region. For instance, In October 2022, Eli Lilly received U.S. FDA Fast Track designation for tirzepatide for the treatment of adults with obesity, overweight with weight-related comorbidities.

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Key players profiles in the Metabolism Drugs Market report are Astra Zeneca, GlaxoSmithKline Plc, Novartis AG, Boehringer Ingelheim International GmbH, Amicus Therapeutics, Horizon Therapeutics, Takeda Pharmaceutical Company Limited, Sanofi, Merck Sharp & Dohme Corp, BioMarin Pharmaceutical.

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This release was published on openPR.