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Orlistat Global Market 2024 Industry Trends Strategic Insights and Market Forecast
Orlistat
As per the report, the orlistat market size has grown strongly in recent years. It will grow from $2.85 billion in 2023 to $3.03 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The orlistat market size is expected to see strong growth in the next few years. It will grow to $3.91 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%.
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What Is Driving The Growth Of The Global Orlistat Market?
Rising Obesity Rates And Their Impact On The Growth Of The Orlistat Market
Increasing obesity rates are expected to propel the growth of the orlistat market going forward. Obesity is a medical condition characterized by excessive body fat accumulation, which can negatively impact health. It is commonly measured by a body mass index (BMI) of 30 or higher. Obesity is increasing due to factors such as poor diet, lack of physical activity, and sedentary lifestyles. Orlistat is used in obesity management by inhibiting the absorption of dietary fats, which helps reduce body weight and maintain weight loss. It is often prescribed alongside a reduced-calorie diet and exercise for more effective results.
What Is The Key Trend In The Global Orlistat Market?
Advancements In Weight Loss Drug Boost Orlistat Market
Major companies operating in the orlistat market are developing innovative products, such as weight loss drugs, to enhance personal hygiene and comfort through advanced technology and design. A weight loss drug refers to a medication designed to help individuals reduce body weight by suppressing appetite, increasing metabolism, or blocking fat absorption.
How Is The Global Orlistat Market Segmented?
The orlistat market covered in this report is segmented -
1) By Type: 120 Milligram (Mg), 60 Milligram(Mg)
2) By Distribution Channel: Hospital Pharmacies, Online Pharmacies, Retail Pharmacies
3) By Application: Weight-Reducing Aid, Other Applications
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How Is The Competitive Landscape Of The Global Orlistat Market?
Major companies operating in the orlistat market are Merck & Co. Inc., Sanofi SA, GlaxoSmithKline plc, Roche Holding AG, Novo Nordisk A/S, Teva Pharmaceutical Industries Ltd., Sun Pharmaceutical Industries Ltd., Dr. Reddy's Laboratories Ltd., Cipla Ltd., Intas Pharmaceuticals Ltd., Lupin Pharmaceuticals Inc., Alkem Laboratories Ltd., Torrent Pharmaceuticals Ltd., Macleods Pharmaceuticals Ltd., Zydus Life, Emcure Pharmaceuticals Ltd., Lannett Company Inc., Strides Pharma Science Ltd., Indoco Remedies Ltd., Wockhardt Ltd., Jubilant Life Sciences Ltd.
Contents Of The Global Orlistat Market
1. Executive Summary
2. Orlistat Market Report Structure
3. Orlistat Market Trends And Strategies
4. Orlistat Market - Macro Economic Scenario
5. Orlistat Market Size And Growth
…..
27. Orlistat Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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