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Saxenda Market Forecast 2025-2034: Evaluating Growth Factors, Segments, and Emerging Trends

02-20-2025 12:51 PM CET | Health & Medicine

Press release from: The Business Research Company

Saxenda Market Size

Saxenda Market Size

What Is the Future Outlook for the Saxenda Market's Size and Growth Rate?
In recent times, the saxenda market has experienced a $XX (CAGR). The market size is projected to escalate from $XX million in 2024 to $XX million in 2025, with a compound annual growth rate (CAGR) of $XX%. The notable growth during the historic period can be credited to the heightened occurrence of obesity, proliferation of inactive lifestyles, increased consciousness about health risks related to obesity, elevated uptake of weight management treatments, and a widened access to healthcare.

Anticipations indicate that the Saxenda market size will experience a forecasted compound annual growth rate of $XX% in the coming years, enhancing its worth to $XX million by 2029. This projected growth throughout the time ahead can be linked to the rise in personalized medicine, the expansion of healthcare infrastructure, and the escalating demand for non-surgical weight loss options, together with growing utilization of digital health tools. Looking at future trends, we can anticipate the introduction of combo therapies for weight reduction, a surge in the availability of prescription weight reduction drugs, the rising adoption of digital health and fitness applications, incorporation of weight management solutions into primary healthcare, and an increased emphasis on maintainable changes in lifestyle.

What Is Stimulating Growth in the Saxenda Market?
An increase in obesity rates is projected to fuel the expansion of the saxenda market. Obesity, characterized by an excessive amount of body fat, increases the propensity for several health complications such as diabetes, heart disease, and certain types of cancer. This upward trend in obesity can be linked to multiple elements, including unhealthy eating habits, inactive lifestyles, urbanization, genetic predispositions, and hormonal irregularity. Saxenda plays a role in the battle against obesity by controlling appetite. Its active component, liraglutide, simulates the natural hormone GLP-1, creating a sense of satiety, reducing food intake, and aiding long-term weight loss when paired with a balanced diet and regular exercise. For example, an Office for Health Improvement and Disparities (OHID) report in May 2024 stated that about 64.0% of adults in England aged 18 and above were overweight or obese from 2022 to 2023, with obesity accounting for 26.2%, mirroring the statistics from 2021 to 2022 (63.8% and 25.9% respectively). Consequently, the increased occurrence of obesity spurs the growth of the saxenda market.

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Which Key Market Leaders Are Driving Saxenda Industry Growth?
Major companies operating in the saxenda market are Novo Nordisk

What Are the Emerging Trends in the Saxenda Industry?
One notable trend in the saxenda market involves the creation of innovative products like generic drugs for weight control to broaden the accessibility of cost-effective, sanctioned alternatives for managing weight. A weight control generic medication is a drug that is chemically synonymous with a branded weight loss medicine, offering identical therapeutic benefits but sold under either its chemical or a different brand name, generally at a cheaper price. For example, Biocon Limited, a biopharmaceutical corporation from India, received approval for its generic formulation, Liraglutide (gSaxenda), from the Medicines and Healthcare Products Regulatory Agency (MHRA) in the UK in April 2024. This product, a 6 mg/ml solution in a prefilled pen, is devised to support weight control in conjunction with a calorie-reduced diet and heightened physical exercise. This approval underscores the importance of cost-effective substitutes in tackling obesity, thereby further solidifying Biocon's array of vertically integrated, complex drug products.

What Are the Main Segments in the Saxenda Market?
The saxenda market covered in this report is segmented -

1) By Indication: Obesity Management (Body Mass Index (BMI) of =30 kg/m2); Overweight Management (BMI of =27 kg/m2 to

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