Anti-obesity Drugs Market Size, Share, Trends Analysis 2023-2028

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IMARC Group, a leading market research company, has recently releases report titled “Anti-obesity Drugs Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global anti-obesity drugs market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How Big is the Anti-obesity Drugs Market?

The global anti-obesity drugs market size reached US$ 2.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.0 Billion by 2028, exhibiting a growth rate (CAGR) of 11.7% during 2023-2028.

What is Anti-obesity Drugs?

Anti-obesity drugs, also known as weight-loss medications, are prescribed as a part of a comprehensive weight-loss program that includes lifestyle modifications, such as dietary changes and increased physical activities. They are intended for individuals with a body mass index (BMI) above a certain threshold or those with obesity-related health conditions. They are typically prescribed under the supervision of healthcare professionals and are not intended for cosmetic weight loss purposes. As they assist in reducing feelings of hunger, promoting satiety, absorbing fat, and increasing metabolism, the demand for anti-obesity drugs is increasing around the world.

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What are the growth prospects and trends in the anti-obesity drugs industry?

At present, the growing rate of obesity among the masses due to changing lifestyles and decreasing exercise practices represents one of the major key factors influencing the market positively.

In addition, the rising awareness about healthy lifestyles among individuals is providing lucrative growth opportunities to industry investors. Besides this, key players are investing in research and development (R&D) activities to introduce drugs that can counter both obesity and type 2 diabetes. Moreover, the rising intake of junk food and fast food products among youngsters is propelling the growth of the market.

Apart from this, the increasing number of approvals of anti-obesity medications (AOMs) that help regulate appetite and food cravings is strengthening the growth of the market.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Drug Class:

  • Peripherally Acting Drugs
  • Centrally Acting Drugs

Breakup by Drug Type:

  • Prescription Drugs
  • OTC Drugs

Breakup by Distribution Channel:

  • Hospital Pharmacy
  • Retail Pharmacy
  • Online Pharmacy

Market Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

  • Boehringer Ingelheim International GmbH
  • Currax Pharmaceuticals LLC
  • Gelesis
  • GlaxoSmithKline plc
  • Merck & Co. Inc.
  • Norgine B.V.
  • Novo Nordisk A/S
  • Pfizer Inc.
  • Rhythm Pharmaceuticals Inc.
  • SHIONOGI & Co. Ltd.
  • Takeda Pharmaceutical Company Limited
  • Vivus LLC.

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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