Global Anti-Obesity Drugs (Anti-obesity Medication) Market Overview:
Anti-obesity Medication Market includes drugs that help prevent obesity by impacting food intake, energy processing, or fat digestion. These medications are usually prescribed in conjunction with diet and exercise to facilitate proper weight loss practices. They act on several specific lines of action and regulatory circuits in the body with the overall objective of decreasing weight and reversing obesity associate conditions such as cardiovascular disorders and diabetes. This makes some of its key uses to treat obesity, overweight conditions, and other complications associated with them. Some of the trends that still exist in the market are the coming up of new products that are anti-obesity drugs that are better than the previous ones in that they are more effective in their functioning and are safer to use and other facts that come with the coming of age of personalized medicine which seeks to strike off medicines that are customized to patients needs and genetic makeup.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Innovations in Drug Formulation and Development of New Drug Classes for More Effective and Safer Anti-Obesity Medications
Market Growth Drivers:
Change in Lifestyle of People and Increasing Population with Obesities and Growing Awareness of Obesity as a Health Concern and Adoption of OTC Medications
Challenges:
Variable Efficacy and Weight Regain After Discontinuing Medication
Restraints:
Regulatory Approval Process for New Anti-Obesity Medications Can Be Lengthy and Complex That Cause Delay
Opportunities:
Increased Focus on Personalized Anti-Obesity Medications Based On Individual Genetic and Metabolism
Competitive Landscape:
The key players are targeting the innovations of the Solutions with better quality, better technical characteristics. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market.
Some of the key players profiled in the report are Novo Nordisk (Denmark), Eli Lilly and Company (United States), Pfizer Inc. (United States), Vivus, Inc. (United States), Orexigen Therapeutics, Inc. (United States), Boehringer Ingelheim (Germany), Rhythm Pharmaceuticals (United States), GlaxoSmithKline plc (United Kingdom), F. Hoffmann-La Roche Ltd. (Switzerland), Amgen Inc. (United States), Gelesis (United States) and AstraZeneca plc (United Kingdom). Analyst at AMA Research see United States Players to retain maximum share of Global Anti-Obesity Drugs (Anti-obesity Medication) market by 2030.
Considering Market by , the sub-segment i.e. will boost the Anti-Obesity Drugs (Anti-obesity Medication) market.What Can be Explored with the Anti-Obesity Drugs (Anti-obesity Medication) Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Anti-Obesity Drugs (Anti-obesity Medication) Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Anti-Obesity Drugs (Anti-obesity Medication)
Understand the Competitive Scenario
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- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Anti-Obesity Drugs (Anti-obesity Medication) market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Anti-Obesity Drugs (Anti-obesity Medication) market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Pharmaceutical Companies, Drug Raw Material Providers, Healthcare Service Providers, Government Regulatory Bodies, Research Organizations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.