Anti-Obesity Drugs Market Size Expected to Touch US$ 14.8 Billion by 2030 at 23% CAGR | RationalStat Market Report

The prevalence of obesity around the world has boosted the need for efficient therapies and drugs, including anti-obesity drugs. Pharmaceutical interventions are becoming more and more necessary as obesity rates rise to address these public health concerns.

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Wilmington, Delaware, Aug. 21, 2023 (GLOBE NEWSWIRE) -- Global Anti-Obesity Drugs Market is valued at US$ 2.82 billion in 2022 and is expected to grow at a significant CAGR of over 23% over the forecast period of 2023-2030, market report by RationalStat

Market Scope and Report Overview

Heart disease, diabetes, hypertension, and certain cancers are just a few of the health hazards linked to obesity. People have turned to medical interventions, such as anti-obesity medications, as a result of their increased awareness of these health hazards. Heart disease, diabetes, hypertension, and certain cancers are just a few of the health hazards linked to obesity. People have turned to medical interventions, such as anti-obesity medications, as a result of their increased awareness of these health hazards. Targeted anti-obesity medicines based on a person's genetic profile have been developed thanks to developments in genetics and personalized medicine.

According to a deep-dive market assessment by RationalStat, the global anti-obesity drugs market has been analyzed on the basis of market segments, including product type, components, power rating, application, and geography/regions (incl. North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.

Market intelligence for the global anti-obesity drugs market covers market sizes on the basis of market value (US$/EUR Million) and volume (Units) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.

In addition, the long-term sector and products/services 10-year outlook and its implications on the global Anti-Obesity Drugs market. It also includes the industry's current state – Production Levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.

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Global Anti-Obesity Drugs Market: Segmental and Market Share Analysis

On the basis of type, prescription segment dominated the global anti-obesity drugs market share in 2021 due to the presence of significant market participants and the regulatory approval of their medicines.

On the basis of distribution channel, the retail and online pharmacy segment is projected to generate the highest revenue in the global anti-obesity drugs market in 2021 because more people are using online pharmacies, which makes it simpler for patients to get drugs.



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Period Covered include data for 2019-2030 along with year-wise demand estimations

The anti-obesity drugs market report analyzes the market on the basis of global economic situations, regional geopolitics, import-export scenarios, trade duties, market developments, organic and inorganic strategies, mergers and acquisitions, product launches, government policies, new capacity addition, technological advancements, R&D investments, and new market entry, replacement rates, penetration rates, installed base/fleet size, global and regional production capacity, among others.

RationalStat offers market analysis and consulting studies on the basis of dedicated and robust desk/secondary research supported by a strong in-house data repository. In addition, the research leverages data based on the real-time insights gathered from primary interviews. Market estimations and insights are based on primary research (covering more than 240 entities) and secondary research by leveraging international benchmarking.

The global anti-obesity drugs market report also covers value chain and supply chain analysis that provides in-depth information about the value chain margins and the role of various stakeholders across the value chain. Market dynamics provided in the market study include market drivers, restraints/challenges, trends, and their impact on the market throughout the analysis period.

In the competition analysis section, the global anti-obesity drugs market provides a detailed competition benchmarking analysis based on the market share of the leading companies/ brands/producers/suppliers, a market structure overview with detailed company profiles of more than 25 players with their financials, product/service offerings, major developments, business models, etc. This enables, clients and report buyers to make strong, precise, and timely decisions.

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Macroeconomic Scenario and the Impact of COVID-19 on Regional Economic Sentiment

In the latest RationalStat analysis, geopolitical conflicts and inflation are the cited economic risks, while concerns about the volatility across energy sectors prevail in Europe and other parts of the world. Some of the potential risks to the economic growth in the leading regions, including Asia Pacific, Europe, North America, the Middle East & Africa, and other developing regions, are inflation, volatile energy prices, supply chain disruptions, geopolitical instability, labor shortages, rising interest rates, and COVID-19 pandemic.

The global economy experienced heavy headwinds, throughout 2019-2021, as some countries witnessed subdued growth, while other countries continued to grapple with economic slowdowns. The COVID-19 pandemic has levied undue pressure across the majority of industries globally and has caused a major economic crisis in the US, India, Italy, the UK, Germany, India, Japan, South Korea, the UK, and many others. Besides, the exit of the UK from the European Union earlier in 2020 and the Russo-Ukraine war in 2022 exacerbated the ever-heightened global uncertainty.

In addition to this, the global economic growth slowed in 2022 to 3.3%, weaker than expected at the end of 2021, mainly weighed down by Russia’s war in Ukraine and the associated cost-of-living crisis in many countries. However, improvement in economic activities during the forecast period is expected. Growth is projected to remain at lower rates in 2023 and 2024, at 2.6% and 2.9% respectively.

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Competition Analysis and Market Structure

These players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the Anti-Obesity Drugs market. Mergers & acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global Anti-Obesity Drugs market include,

  • In June 2023, Retatrutide, an investigational medication from the Eli Lilly Company, is suitable for weekly injections and has the potential to treat obesity and type 2 diabetes. These diabetes medications reduce appetite to encourage weight loss.

Some of the prominent players that contribute significantly to the global anti-obesity drugs market growth include Novo Nordisk A/S, GlaxoSmithKline plc, VIVUS LLC, Currax Pharmaceuticals LLC, Hoffamann-La Roche Ltd., Pfizer Inc., Sandoz International GmbH, Boehringer Ingelheim International GmbH, Arena Pharmaceuticals Inc., Takeda Pharmaceuticals Company Ltd., Merck & Co. Inc., Eisai Co. Ltd., Novo Nordisk A/S. among others.

RationalStat has segmented the global anti-obesity drugs market based on type, distribution channel and region

  • Global Anti-Obesity Drugs Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Type
    • Prescription Drugs
    • Over the Counter (OTC) Drugs
  • Global Anti-Obesity Drugs Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Distribution Channel
    • Hospital Pharmacy
    • Retail
    • Online Pharmacy
  • Global Anti-Obesity Drugs Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Region
    • North America Anti-Obesity Drugs Market
      • US
      • Canada
    • Latin America Anti-Obesity Drugs Market
      • Brazil
      • Mexico
      • Rest of Latin America
    • Western Europe Anti-Obesity Drugs Market
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Benelux
      • Nordic
      • Rest of Western Europe
    • Eastern Europe Anti-Obesity Drugs Market
      • Russia
      • Poland
      • Hungary
      • Other CIS Countries
      • Rest of Eastern Europe
    • Asia Pacific Anti-Obesity Drugs Market
      • China
      • Japan
      • India
      • South Korea
      • Australia
      • ASEAN
        • Indonesia
        • Thailand
        • Philippines
        • Vietnam
        • Malaysia
        • Rest of ASEAN
      • Rest of Asia Pacific
    • Middle East & Africa Anti-Obesity Drugs Market
      • GCC
        • Saudi Arabia (KSA)
        • United Arab Emirates (UAE)
        • Rest of the GCC
      • South Africa
      • Nigeria
      • Turkey
      • Rest of the Middle East & Africa
  • Leading Companies and Market Players
    • Novo Nordisk A/S
    • GlaxoSmithKline plc
    • VIVUS LLC
    • Currax Pharmaceuticals LLC
    • Hoffamann-La Roche Ltd.
    • Pfizer Inc.
    • Sandoz International GmbH
    • Boehringer Ingelheim International GmbH
    • Arena Pharmaceuticals Inc.
    • Takeda Pharmaceuticals Company Ltd.
    • Merck & Co. Inc.
    • Eisai Co. Ltd.
    • Novo Nordisk A/S

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Key Questions Answered in the Anti-Obesity Drugs Report:

  • What will be the market value of the global anti-obesity drugs market by 2030?
  • What is the market size of the global anti-obesity drugs market?
  • What are the market drivers of the global anti-obesity drugs market?
  • What are the key trends in the global anti-obesity drugs market?
  • Which is the leading region in the global anti-obesity drugs market?
  • What are the major companies operating in the global anti-obesity drugs market?
  • What are the market shares by key segments in the global anti-obesity drugs market?

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Research Methodology

RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.

RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:

  • Defining the problem by understanding the type of market and data required by the client.
  • Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
  • Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
  • Evaluating and analyzing the data by referring to data sources utilized and leveraged.
  • Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.

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