Antiobesity Global Market To Reach Value Of About $5 Billion In 2025

The anti-obesity drugs market consists of sales of anti-obesity drugs and related services. This industry includes establishments that produce pharmacological agents that reduce or control being overweight.

Global Antiobesity Market Size And Drivers:

The global antiobesity market is expected to grow from $1.46 billion in 2020 to $2.4 billion in 2021 at a compound annual growth rate (CAGR) of 64.4%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $5.42 billion in 2025 at a CAGR of 22.6%. The demand for anti-obesity drugs is bound to increase in the future, thus driving market growth.

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Trends In The Global Antiobesity Market

Pharmaceutical industry is witnessing an increase in the number of mergers and acquisition among companies developing drugs for metabolic disorders such as obesity, diabetes and others. This is a strategy of pharmaceutical companies to strengthen their drug portfolio in metabolic diseases and launch safe and effective drugs in the market. For instance, in 2018, Evotec AG and Novo Nordisk entered into a strategic alliance to be able to discover and develop drug molecules to treat metabolic disorders including obesity, diabetes and other associated disorders.

Global Antiobesity Market Segments:
The global antiobesity market is further segmented –
By Drug Class: Peripherally acting anti-obesity drugs, Centrally acting anti-obesity drugs
By Type: Prescription Drugs (Rx), OTC Drugs
By Medication: Monotherapies, Polytherapies
By Geography: The global antiobesity market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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Antiobesity Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides antiobesity market overviews, analyzes and forecasts market size and growth for the global antiobesity market, antiobesity market share, antiobesity market players, antiobesity market segments and geographies, antiobesity market’s leading competitors’ revenues, profiles and market shares. The antiobesity market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.