Global Anti-Obesity Drugs Market size and Opportunities 2023
Anti-obesity
drugs help in reducing body mass either by dipping the hunger or increasing
the consumption of calories.
The increasing prevalence of obesity globally is a
major factor driving the market. It is principally because of wrong eating
habits and swiftly varying regime of people. The increasing ingestion of
unhealthy food along with the lack of exercises is intensifying the incidence
rate of obesity globally.
Basic activities like reducing the intake of unhealthy
diet and inculcating workout are not highly effective, and the medical devices
like intragastric balloon and bariatric surgery are highly expensive and has
high complications. This shows that there is a wide gap for the treatment of
obesity. This unmet need is driving the market for anti-obesity drugs market.
Ill effects, such as the risk of mental illness,
suicidal symptoms, stroke, are natively impacting the anti-obesity drugs
market. Many drugs that were approved previously were withdrawn because of
their side effects. Due to these factors healthcare specialists have an
undesirable insight and do not recommend them to their clients.
Market
Analysis:
The Global Anti-Obesity Drugs Market is estimated to
witness a CAGR of 20.9% during the forecast period 2017–2023. The market is
analyzed based on three segments, namely top FDA approved drugs, types of
anti-obesity drugs, and regions.
Regional
Analysis:
The regions covered in the report are North America,
Europe, Asia Pacific, and Rest of the World (RoW). North America is the leading
region for the anti-obesity drugs market growth followed by Europe. Asia
Pacific and RoW are set to be the emerging regions. India and China are set to
be the most attractive destinations due to the large untapped market.
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