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Emerging Trends Influencing The Growth Of The Antiobesity Market: Product Innovations In The Anti-Obesity Drug Market
Antiobesity Market
How Big Is the Antiobesity Market Size Expected to Be by 2034?
The antiobesity market size has surged quickly in recent years. It will grow from $3.74 billion in 2024 to $4.15 billion in 2025 at a CAGR of 11.1%. The recent expansion is linked to a higher obesity rate, improved public education, lifestyle shifts, and supportive government programs.
The antiobesity market size is expected to grow rapidly in the coming years. It will reach $6.08 billion by 2029 at a compound annual growth rate (CAGR) of 10.0%. The growth is attributed to market expansion and globalization. Key trends in the forecast period include research and development, patient-centric approaches, insurance coverage, technological advancements, digital health, telemedicine, novel drug therapies, bariatric surgery advancements, OTC solutions, behavioral interventions, and nutritional apps.
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What Are the Emerging Segments Within the Antiobesity Market?
The antiobesity market covered in this report is segmented -
1) By Drug Class: Peripherally Acting Anti-Obesity Drugs, Centrally Acting Anti-Obesity Drugs
2) By Type: Prescription Drugs (Rx), OTC Drugs
3) By Medication: Monotherapies, Polytherapies
Subsegments:
1) By Peripherally Acting Anti-Obesity Drugs: Orlistat, Lorcaserin
2) By Centrally Acting Anti-Obesity Drugs: Phentermine, Topiramate, Naltrexone-Bupropion Combination, Liraglutide
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What Long-Term Drivers Are Shaping Antiobesity Market Trends?
The global obesity epidemic is intensifying, contributing to growing demand for anti-obesity drugs. According to the World Obesity Atlas in May 2022, over 1 billion people are projected to suffer from obesity by 2030. Factors such as processed food consumption, limited physical activity, and insufficient awareness about health risks are fueling this trend, which in turn drives the anti-obesity drug market.
Who Are the Top Competitors in Key Antiobesity Market Segments?
Major companies operating in the antiobesity market include F. Hoffmann-La Roche AG, GlaxoSmithKline plc, Boehringer Ingelheim GmbH, Pfizer Inc., Merck & Co. Inc., Takeda Pharmaceutical Company Limited, Eisai Co. Ltd., Novo Nordisk A/S, Zafgen Inc., Rhythm Pharmaceuticals Inc., Zydus Cadila, Norgine B.V., Vivus Inc., Arena Pharmaceuticals Inc., Orexigen Therapeutics Inc., Eli Lilly and Company, Amgen Inc., AstraZeneca PLC, Novartis International AG, Viking Therapeutics Inc., Structure Therapeutics Inc., Gelesis Inc., Sanofi S.A., Johnson & Johnson, F. Hoffmann-La Roche Ltd, Teva Pharmaceutical Industries Limited, Allergan Aesthetics, Sun Pharmaceutical Industries Ltd., Dr. Reddy's Laboratories Ltd., Cipla Ltd., Lupin Ltd., Torrent Pharmaceuticals Ltd., Cadila Healthcare Ltd., Intas Pharmaceuticals Ltd., Wockhardt Ltd., Glenmark Pharmaceuticals Ltd., Alkem Laboratories Ltd.
What Antiobesity Market Trends Are Gaining Traction Across Different Segments?
Companies in the anti-obesity drugs market are concentrating on developing new drugs like Mounjaro (tirzepatide) to offer better services. Mounjaro, launched by Eli Lilly and Company in October 2022, is an FDA-approved injectable treatment for obesity and overweight adults, particularly those with type 2 diabetes. It aids in weight loss alongside diet and exercise by improving blood sugar control.
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Which Regions Are Becoming Hubs for Antiobesity Market Innovation?
North America was the largest region in the anti-obesity market in 2023. Middle East is expected to be the fastest-growing region in the antiobesity market. The regions covered in the antiobesity market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Antiobesity Market?
2. What is the CAGR expected in the Antiobesity Market?
3. What Are the Key Innovations Transforming the Antiobesity Industry?
4. Which Region Is Leading the Antiobesity Market?
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The global antiobesity market report by the business research company the demand for anti-obesity drugs is bound to increase in the future to be a major growth driver for the antiobesity market. Obesity is a major public health concern globally. Globally, the prevalence rate of obesity is…
