Press release
Obesity Treatment Market Size to Boost USD 38.00 Billion By 2032 | CAGR 10.0% - Published by Emergen Research
The global Obesity Treatment Market size was USD 15.00 Billion in 2022 and is expected to register a rapid revenue CAGR of 10.0% during the forecast period. Rising prevalence of obesity and technological advancements in weight loss equipment are key factors driving market revenue growth.The obesity treatment market represents a critical sector within the healthcare industry, addressing the multifaceted challenge of obesity and its associated health complications. Obesity, characterized by excessive accumulation of body fat, has reached epidemic proportions globally, posing significant health risks and economic burdens. The obesity treatment market encompasses various interventions, including lifestyle modifications, pharmacotherapy, bariatric surgery, and emerging therapies, aimed at managing weight, improving metabolic health, and reducing obesity-related comorbidities.
The report offers these individuals a vivid description of the competitive spectrum of the global Obesity Treatment Market The study audits various winning strategies adopted by the market leaders to maintain the competitive edge worldwide. This adds more clarity to the research. Resource charts, tables and graphical images are included to make decisive statistics self-explanatory.
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Drivers of the Obesity Treatment Market :
Several factors are driving the growth of the obesity treatment market. Firstly, the rising prevalence of obesity worldwide, fueled by factors such as sedentary lifestyles, unhealthy dietary habits, and genetic predisposition, underscores the urgent need for effective treatment options. As obesity rates continue to climb, healthcare systems are under pressure to address the growing burden of obesity-related diseases, driving demand for obesity management strategies and interventions.
Challenges and Restraints
Despite the growth potential, the obesity treatment market faces several challenges and restraints. One of the primary challenges is the complex nature of obesity, which requires a multifaceted approach to treatment addressing behavioral, metabolic, and environmental factors. Achieving sustainable weight loss and long-term management of obesity can be challenging, leading to high rates of treatment failure and patient relapse.Moreover, stigma and discrimination surrounding obesity persist, impacting access to care, treatment adherence, and patient outcomes. Healthcare providers and policymakers must address biases and misconceptions about obesity to ensure equitable access to treatment and support for individuals living with obesity.
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The report also discusses the key players involved in the market such as:
Novo Nordisk, Roche, Eli Lilly and Company, GlaxoSmithKline (GSK), AstraZeneca, Johnson & Johnson, Sanofi, Allergan, Medtronic, Orexigen Therapeutics, Arena Pharmaceuticals, Vivus, Eisai, Takeda Pharmaceuticals, Boehringer Ingelheim, Rhythm Pharmaceuticals, Zafgen, Gelesis, Intarcia Therapeutics, and Nalpropion Pharmaceuticals
The report provides a thorough estimation of the overall impact of the pandemic on the Obesity Treatment Market and its vital segments. The report also discusses the impact of the pandemic across different regions of the market. It also offers a current and future assessment of the impact of the pandemic on the Obesity Treatment Market
Obesity Treatment Latest Industry Updates
In August, 2023, Novo Nordisk reported positive results from the SELECT trial, revealing that semaglutide 2.4 mg reduces major adverse cardiovascular events (MACE) by 20% in adults with overweight or obesity and established cardiovascular disease. The trial enrolled 17,604 adults, demonstrating statistically significant MACE reduction, with a well-tolerated profile. Semaglutide 2.4 mg, marketed as Wegovy, aims to revolutionize obesity treatment by offering effective weight management while lowering cardiovascular risks.
In September 2021, Allergan Plc (AbbVie) announced that the US Food and Drug Administration (FDA) approved its once-weekly GLP-1 receptor agonist, semaglutide, for the treatment of obesity to give patients with obesity and related conditions, such as type 2 diabetes, a new treatment option.
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Obesity Treatment Market Segment Analysis :
For the purpose of this report, Emergen Research has segmented the global obesity treatment market on the basis of treatment type, end-use, technology, cause, and region:
Treatment Type Outlook (Revenue, USD Billion; 2019-2032)
Pharmaceuticals
Prescription Drugs (e.g., Orlistat, Liraglutide)
Over-the-Counter (OTC) Drugs
Surgical Procedures:
Bariatric Surgery (e.g., Gastric Bypass, Sleeve Gastrectomy)
Liposuction
Dietary and Lifestyle Interventions:
Diet Plans and Programs
Physical Activity and Exercise Programs
Behavioral Therapy
End-Use Outlook (Revenue, USD Billion; 2019-2032)
Hospitals and Clinics
Pharmacies:
Retail Pharmacies
Online Pharmacies
Fitness and Wellness Centers
Research and Academic Institutes
Technology Outlook (Revenue, USD Billion; 2019-2032)
Drug Delivery Technologies
Minimally Invasive Surgical Technologies
Telehealth and Digital Health Solutions
Cause Outlook (Revenue, USD Billion; 2019-2032)
Genetic Obesity
Diet-Induced Obesity
Lifestyle-Related Obesity
Regional Outlook (Revenue, USD Billion; 2019-2032)
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Benelux
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
South Africa
Turkey
Rest of Middle East & Africa
Browse Full Report Description + Research Methodology + Table of Content + Infographics @ https://www.emergenresearch.com/industry-report/obesity-treatment-market
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Contact Us:
Eric Lee
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