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Comprehensive Weight Loss Drugs Market Forecast 2025-2034: Growth Trends and Strategic Shifts
Weight Loss Drugs
Weight Loss Drugs Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market for weight loss medications has experienced significant expansion of late. The market, which stands at $2.87 billion in 2024, is forecasted to burgeon to $4.23 billion in 2025, resulting in a compound annual growth rate (CAGR) of 47.6%. The escalation in the previous period could be linked to a surge in obesity, shifts in lifestyle, increased awareness and education, early identification of health issues, and climbing healthcare costs.
Weight Loss Drugs Market Size Forecast: What's the Projected Valuation by 2029?
The market for weight loss medications is predicted to experience significant expansion in the coming years, reaching a value of $17.08 billion in 2029, with a compound annual growth rate (CAGR) of 41.7%. The projected growth in this timeframe can be ascribed to factors such as the rise in the elderly population, the impact of social media, fitness and wellness trends, cultural notions of beauty and investments made by the pharmaceutical industry. Dominant trends during the forecast period encompass technological progress, attention on over-the-counter solutions, personalized therapies, combination treatments, product novelty, and post-market monitoring.
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What Are the Drivers Transforming the Weight Loss Drugs Market?
The surge in obesity rates is believed to trigger a boom in the weight loss drugs market. Obesity rate means the percentage of people in a group whose body mass index (BMI) is 30 or more. Weight loss drugs are prescriptions used to battle obesity by helping people lose weight through appetite suppression, enhancing satiety, or disrupting nutrient absorption. For example, per the US Centers for Disease Control and Prevention, by September 2023, the proportion of adults with obesity had surpassed 35% in 19 states in 2021 and 22 states in 2022. Additionally, the prevalence of adult obesity reached or surpassed 35% in 2022. Also, the World Obesity Federation, a UK-not-for-profit organization, projected in March 2023 that over 4 billion people could be obese by 2035. Hence, the escalating obesity rates are fueling the expansion of the weight loss drugs market.
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What Long-Term Trends Will Define the Future of the Weight Loss Drugs Market?
Leading businesses in the weight loss drug market, are venturing into the development of pioneering products like Zepbound (tirzepatide) injection with the aim to enhance patient care. Zepbound is a dual glucose-dependent insulinotropic polypeptide (GIP) and glucagon-like peptide-1 (GLP-1) receptor agonist that is administered on a once every week basis. In November 2023, the tirzepatide (Zepbound) injection was given the green light by the FDA for chronic weight management in adults who are either overweight or obese and have at least one weight-related health issue. The US-based pharmaceutical company, Eli Lilly and Company was behind the approval. With its unique ability to activate both GIP and GLP-1 receptors, Zepbound is poised to achieve commercial success as it is the first of its kind to receive FDA approval as an obesity treatment.
Which Segments in the Weight Loss Drugs Market Offer the Most Profit Potential?
The weight loss drugs market covered in this report is segmented -
1) By Type: Liquid, Tablets, Capsules
2) By Distribution Channel: Hospital Pharmacy, Retail Pharmacy, Online Pharmacy
3) By Application: Weight-Reducing Aid, Fat Absorption Inhibitors, Metabolic Boosters
Subsegments:
1) By Liquid: Syrups, Solutions, Suspensions
2) By Tablets: Immediate-Release Tablets, Extended-Release Tablets
3) By Capsules: Hard Capsules, Softgel Capsules
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Which Firms Dominate the Weight Loss Drugs Market by Market Share and Revenue in 2025?
Major companies operating in the weight loss drugs market report are Pfizer Inc., Roche, Merck & Co., AbbVie Inc., Novartis AG, Bristol Myers Squibb, Sanofi S.A., AstraZeneca PLC, LG Chem, GlaxoSmithKline, Takeda Pharmaceutical Company, Eli Lilly and Company, Bayer AG, Amgen Inc., Boehringer Ingelheim group, Novo Nordisk A/S, Merck KGaA, Teva Pharmaceutical Industries Ltd., Hisun Pharmaceutical, Taj Pharmaceuticals Ltd., Zhongshan Pharmaceutical Co. Ltd., Dm Pharma, Lunan Pharmaceutical Group Corporation, Wolfson Berg Ltd., Swiss Research Labs Ltd.
Which Regions Offer the Highest Growth Potential in the Weight Loss Drugs Market?
North America was the largest region in the Weight Loss Drugs market in 2024. The regions covered in the weight loss drugs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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