Product Code: A03823
The anti-obesity drugs market valued for $1,605.36 million in 2022 and is estimated to reach $4,439.34 million by 2032, exhibiting a CAGR of 10.7% from 2023 to 2032. Obesity is a medical condition in which excess body fat is accumulated to an extent that it causes a negative effect on health. It is generally defined as having a body mass index (BMI) of 30 or greater. It is widely recognized as the largest and fastest-growing public health problem in developed and developing countries. Anti-obesity drugs are medications prescribed to help people who are overweight. These drugs work by suppressing appetite, increasing metabolism, or blocking the absorption of fat from food. Some of the commonly prescribed anti-obesity drugs include phentermine, sibutramine, orlistat, and liraglutide.
The key factor that drives the growth of the anti-obesity drugs market is significant rise in the prevalence rate of obesity, surge in health risks associated with being overweight or obese and increase in number of research and development activities on several potential drug molecules that target both obesity and type 2 diabetes mellitus. For instance, in June 2021 Novo Nordisk announced that the U.S. Food and Drug Administration (FDA) has approved Wegovy for once weekly semaglutide 2.4 mg injection in the U.S. for chronic weight management. Furthermore, increase in number of initiatives taken by government to make people aware about health-related issues with obesity and rise in funding from government and private bodies for large-scale production of anti-obesity drugs, may open up new market potential for key market players that drive the growth of the market.
However, stringent drug approval policies and the availability of alternative therapies hamper market growth. Conversely, rise in the prevalence of obesity and type 2 diabetes is encouraging researchers and vendors in the market to research drugs that can counter both obesity and type 2 diabetes. Hence, increase in obese population, rise in unhealthy eating habits, and sedentary lifestyles may open up new market potentials for anti-obesity drugs and are expected to provide lucrative opportunity for the growth of the market during the forecast period.
North America accounted for a majority of the anti-obesity drug market share in 2021 and is anticipated to remain dominant during the forecast period. The anti-obesity drugs market is mainly driven by the increase in obese population and high healthcare expenditure on anti-obesity drugs. Furthermore, increase in awareness among the population regarding severe chronic diseases related to obesity and surge in number of clinical trials owing to a rise in investment by key market players in R&D activities are expected to fuel the market growth.
Asia-Pacific is expected to register the fastest CAGR during the forecast period owing to increase in healthcare expenditure and surge in R&D activities by key market players for the development of new drugs to treat obesity in the Asia-Pacific region. Furthermore, the increase in prevalence of obesity and rise in awareness about anti-obesity drugs in developing countries such as India, China, and South Korea contribute toward the growth of the anti-obesity drug market in this region.
However, the market is expected to witness a recovery post pandemic owing to rise in prevalence of obesity. In addition, an increase in number of people adopting unhealthy and sedentary lifestyles during the pandemic is anticipated to fuel the growth of the market.
The anti-obesity drugs market is segmented on the basis of drug type, mechanism of action, route of administration, distribution channel, and region. By drug type, the market is bifurcated into prescription drugs, and over the counter drugs. By mechanism of action, the market is divided into centrally acting anti-obesity drugs and peripherally acting anti-obesity drugs. By route of administration, the market is categorized into oral route and subcutaneous route. By distribution channel, the market is classified into hospital pharmacies, retail pharmacies and online pharmacies. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players that operate in the anti-obesity drugs market are: Currax Pharmaceuticals LLC, Pfizer Inc, Novo Nordisk A/S, GlaxoSmithKline plc, Boehringer Ingelheim International GmbH, KVK Tech Inc, CHEPLAPHARM Arzneimittel GmbH, Gelesis Holdings, INC., VIVUS LLC, and Rhythm Pharmaceuticals.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the anti-obesity drugs market analysis from 2022 to 2032 to identify the prevailing anti-obesity drugs market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the anti-obesity drugs market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as anti-obesity drugs market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Drug Type
- Prescription Drugs
- Over The Counter Drugs
By Mechanism of Action
- Centrally Acting Anti-Obesity Drugs
- Peripherally Acting Anti-Obesity Drugs
By Route of Administration
- Oral Route
- Subcutaneous Route
By Distribution Channel
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
By Region
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- Australia
- India
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players:
- Pfizer Inc.
- Novo Nordisk A/S
- Boehringer Ingelheim International GmbH
- KVK Tech Inc.
- Gelesis Holdings, INC.
- Vivus LLC.
- Currax Pharmaceuticals LLC
- GlaxoSmithKline plc
- CHEPLAPHARM Arzneimittel GmbH
- Rhythm Pharmaceuticals
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.3.1. Bargaining power of suppliers
- 3.3.2. Bargaining power of buyers
- 3.3.3. Threat of substitutes
- 3.3.4. Threat of new entrants
- 3.3.5. Intensity of rivalry
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.1.1. Increase in the prevalence of obesity
- 3.4.1.2. Increase in number of drugs in pipeline
- 3.4.1.3. Increase in number of clinical trials
- 3.4.2. Restraints
- 3.4.2.1. Potential side effects of anti-obesity drugs
- 3.4.3. Opportunities
- 3.4.3.1. High growth potential in developing economies
- 3.5. COVID-19 Impact Analysis on the market
CHAPTER 4: ANTI-OBESITY DRUGS MARKET, BY DRUG TYPE
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. Prescription Drugs
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Over The Counter Drugs
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
CHAPTER 5: ANTI-OBESITY DRUGS MARKET, BY MECHANISM OF ACTION
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. Centrally Acting Anti-Obesity Drugs
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. Peripherally Acting Anti-Obesity Drugs
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
CHAPTER 6: ANTI-OBESITY DRUGS MARKET, BY ROUTE OF ADMINISTRATION
- 6.1. Overview
- 6.1.1. Market size and forecast
- 6.2. Oral Route
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
- 6.3. Subcutaneous Route
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
CHAPTER 7: ANTI-OBESITY DRUGS MARKET, BY DISTRIBUTION CHANNEL
- 7.1. Overview
- 7.1.1. Market size and forecast
- 7.2. Hospital Pharmacies
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by region
- 7.2.3. Market share analysis by country
- 7.3. Retail Pharmacies
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by region
- 7.3.3. Market share analysis by country
- 7.4. Online Pharmacies
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by region
- 7.4.3. Market share analysis by country
CHAPTER 8: ANTI-OBESITY DRUGS MARKET, BY REGION
- 8.1. Overview
- 8.1.1. Market size and forecast By Region
- 8.2. North America
- 8.2.1. Key trends and opportunities
- 8.2.2. Market size and forecast, by Drug Type
- 8.2.3. Market size and forecast, by Mechanism of Action
- 8.2.4. Market size and forecast, by Route of Administration
- 8.2.5. Market size and forecast, by Distribution Channel
- 8.2.6. Market size and forecast, by country
- 8.2.6.1. U.S.
- 8.2.6.1.1. Key market trends, growth factors and opportunities
- 8.2.6.1.2. Market size and forecast, by Drug Type
- 8.2.6.1.3. Market size and forecast, by Mechanism of Action
- 8.2.6.1.4. Market size and forecast, by Route of Administration
- 8.2.6.1.5. Market size and forecast, by Distribution Channel
- 8.2.6.2. Canada
- 8.2.6.2.1. Key market trends, growth factors and opportunities
- 8.2.6.2.2. Market size and forecast, by Drug Type
- 8.2.6.2.3. Market size and forecast, by Mechanism of Action
- 8.2.6.2.4. Market size and forecast, by Route of Administration
- 8.2.6.2.5. Market size and forecast, by Distribution Channel
- 8.2.6.3. Mexico
- 8.2.6.3.1. Key market trends, growth factors and opportunities
- 8.2.6.3.2. Market size and forecast, by Drug Type
- 8.2.6.3.3. Market size and forecast, by Mechanism of Action
- 8.2.6.3.4. Market size and forecast, by Route of Administration
- 8.2.6.3.5. Market size and forecast, by Distribution Channel
- 8.3. Europe
- 8.3.1. Key trends and opportunities
- 8.3.2. Market size and forecast, by Drug Type
- 8.3.3. Market size and forecast, by Mechanism of Action
- 8.3.4. Market size and forecast, by Route of Administration
- 8.3.5. Market size and forecast, by Distribution Channel
- 8.3.6. Market size and forecast, by country
- 8.3.6.1. Germany
- 8.3.6.1.1. Key market trends, growth factors and opportunities
- 8.3.6.1.2. Market size and forecast, by Drug Type
- 8.3.6.1.3. Market size and forecast, by Mechanism of Action
- 8.3.6.1.4. Market size and forecast, by Route of Administration
- 8.3.6.1.5. Market size and forecast, by Distribution Channel
- 8.3.6.2. France
- 8.3.6.2.1. Key market trends, growth factors and opportunities
- 8.3.6.2.2. Market size and forecast, by Drug Type
- 8.3.6.2.3. Market size and forecast, by Mechanism of Action
- 8.3.6.2.4. Market size and forecast, by Route of Administration
- 8.3.6.2.5. Market size and forecast, by Distribution Channel
- 8.3.6.3. UK
- 8.3.6.3.1. Key market trends, growth factors and opportunities
- 8.3.6.3.2. Market size and forecast, by Drug Type
- 8.3.6.3.3. Market size and forecast, by Mechanism of Action
- 8.3.6.3.4. Market size and forecast, by Route of Administration
- 8.3.6.3.5. Market size and forecast, by Distribution Channel
- 8.3.6.4. Italy
- 8.3.6.4.1. Key market trends, growth factors and opportunities
- 8.3.6.4.2. Market size and forecast, by Drug Type
- 8.3.6.4.3. Market size and forecast, by Mechanism of Action
- 8.3.6.4.4. Market size and forecast, by Route of Administration
- 8.3.6.4.5. Market size and forecast, by Distribution Channel
- 8.3.6.5. Spain
- 8.3.6.5.1. Key market trends, growth factors and opportunities
- 8.3.6.5.2. Market size and forecast, by Drug Type
- 8.3.6.5.3. Market size and forecast, by Mechanism of Action
- 8.3.6.5.4. Market size and forecast, by Route of Administration
- 8.3.6.5.5. Market size and forecast, by Distribution Channel
- 8.3.6.6. Rest of Europe
- 8.3.6.6.1. Key market trends, growth factors and opportunities
- 8.3.6.6.2. Market size and forecast, by Drug Type
- 8.3.6.6.3. Market size and forecast, by Mechanism of Action
- 8.3.6.6.4. Market size and forecast, by Route of Administration
- 8.3.6.6.5. Market size and forecast, by Distribution Channel
- 8.4. Asia-Pacific
- 8.4.1. Key trends and opportunities
- 8.4.2. Market size and forecast, by Drug Type
- 8.4.3. Market size and forecast, by Mechanism of Action
- 8.4.4. Market size and forecast, by Route of Administration
- 8.4.5. Market size and forecast, by Distribution Channel
- 8.4.6. Market size and forecast, by country
- 8.4.6.1. Japan
- 8.4.6.1.1. Key market trends, growth factors and opportunities
- 8.4.6.1.2. Market size and forecast, by Drug Type
- 8.4.6.1.3. Market size and forecast, by Mechanism of Action
- 8.4.6.1.4. Market size and forecast, by Route of Administration
- 8.4.6.1.5. Market size and forecast, by Distribution Channel
- 8.4.6.2. China
- 8.4.6.2.1. Key market trends, growth factors and opportunities
- 8.4.6.2.2. Market size and forecast, by Drug Type
- 8.4.6.2.3. Market size and forecast, by Mechanism of Action
- 8.4.6.2.4. Market size and forecast, by Route of Administration
- 8.4.6.2.5. Market size and forecast, by Distribution Channel
- 8.4.6.3. Australia
- 8.4.6.3.1. Key market trends, growth factors and opportunities
- 8.4.6.3.2. Market size and forecast, by Drug Type
- 8.4.6.3.3. Market size and forecast, by Mechanism of Action
- 8.4.6.3.4. Market size and forecast, by Route of Administration
- 8.4.6.3.5. Market size and forecast, by Distribution Channel
- 8.4.6.4. India
- 8.4.6.4.1. Key market trends, growth factors and opportunities
- 8.4.6.4.2. Market size and forecast, by Drug Type
- 8.4.6.4.3. Market size and forecast, by Mechanism of Action
- 8.4.6.4.4. Market size and forecast, by Route of Administration
- 8.4.6.4.5. Market size and forecast, by Distribution Channel
- 8.4.6.5. South Korea
- 8.4.6.5.1. Key market trends, growth factors and opportunities
- 8.4.6.5.2. Market size and forecast, by Drug Type
- 8.4.6.5.3. Market size and forecast, by Mechanism of Action
- 8.4.6.5.4. Market size and forecast, by Route of Administration
- 8.4.6.5.5. Market size and forecast, by Distribution Channel
- 8.4.6.6. Rest of Asia-Pacific
- 8.4.6.6.1. Key market trends, growth factors and opportunities
- 8.4.6.6.2. Market size and forecast, by Drug Type
- 8.4.6.6.3. Market size and forecast, by Mechanism of Action
- 8.4.6.6.4. Market size and forecast, by Route of Administration
- 8.4.6.6.5. Market size and forecast, by Distribution Channel
- 8.5. LAMEA
- 8.5.1. Key trends and opportunities
- 8.5.2. Market size and forecast, by Drug Type
- 8.5.3. Market size and forecast, by Mechanism of Action
- 8.5.4. Market size and forecast, by Route of Administration
- 8.5.5. Market size and forecast, by Distribution Channel
- 8.5.6. Market size and forecast, by country
- 8.5.6.1. Brazil
- 8.5.6.1.1. Key market trends, growth factors and opportunities
- 8.5.6.1.2. Market size and forecast, by Drug Type
- 8.5.6.1.3. Market size and forecast, by Mechanism of Action
- 8.5.6.1.4. Market size and forecast, by Route of Administration
- 8.5.6.1.5. Market size and forecast, by Distribution Channel
- 8.5.6.2. Saudi Arabia
- 8.5.6.2.1. Key market trends, growth factors and opportunities
- 8.5.6.2.2. Market size and forecast, by Drug Type
- 8.5.6.2.3. Market size and forecast, by Mechanism of Action
- 8.5.6.2.4. Market size and forecast, by Route of Administration
- 8.5.6.2.5. Market size and forecast, by Distribution Channel
- 8.5.6.3. South Africa
- 8.5.6.3.1. Key market trends, growth factors and opportunities
- 8.5.6.3.2. Market size and forecast, by Drug Type
- 8.5.6.3.3. Market size and forecast, by Mechanism of Action
- 8.5.6.3.4. Market size and forecast, by Route of Administration
- 8.5.6.3.5. Market size and forecast, by Distribution Channel
- 8.5.6.4. Rest of LAMEA
- 8.5.6.4.1. Key market trends, growth factors and opportunities
- 8.5.6.4.2. Market size and forecast, by Drug Type
- 8.5.6.4.3. Market size and forecast, by Mechanism of Action
- 8.5.6.4.4. Market size and forecast, by Route of Administration
- 8.5.6.4.5. Market size and forecast, by Distribution Channel
CHAPTER 9: COMPETITIVE LANDSCAPE
- 9.1. Introduction
- 9.2. Top winning strategies
- 9.3. Product Mapping of Top 10 Player
- 9.4. Competitive Dashboard
- 9.5. Competitive Heatmap
- 9.6. Top player positioning, 2022
CHAPTER 10: COMPANY PROFILES
- 10.1. Currax Pharmaceuticals LLC
- 10.1.1. Company overview
- 10.1.2. Key Executives
- 10.1.3. Company snapshot
- 10.1.4. Operating business segments
- 10.1.5. Product portfolio
- 10.1.6. Key strategic moves and developments
- 10.2. KVK Tech Inc.
- 10.2.1. Company overview
- 10.2.2. Key Executives
- 10.2.3. Company snapshot
- 10.2.4. Operating business segments
- 10.2.5. Product portfolio
- 10.3. Gelesis Holdings, INC.
- 10.3.1. Company overview
- 10.3.2. Key Executives
- 10.3.3. Company snapshot
- 10.3.4. Operating business segments
- 10.3.5. Product portfolio
- 10.3.6. Business performance
- 10.3.7. Key strategic moves and developments
- 10.4. Vivus LLC.
- 10.4.1. Company overview
- 10.4.2. Key Executives
- 10.4.3. Company snapshot
- 10.4.4. Operating business segments
- 10.4.5. Product portfolio
- 10.4.6. Key strategic moves and developments
- 10.5. CHEPLAPHARM Arzneimittel GmbH
- 10.5.1. Company overview
- 10.5.2. Key Executives
- 10.5.3. Company snapshot
- 10.5.4. Operating business segments
- 10.5.5. Product portfolio
- 10.6. Pfizer Inc.
- 10.6.1. Company overview
- 10.6.2. Key Executives
- 10.6.3. Company snapshot
- 10.6.4. Operating business segments
- 10.6.5. Product portfolio
- 10.6.6. Business performance
- 10.7. Rhythm Pharmaceuticals
- 10.7.1. Company overview
- 10.7.2. Key Executives
- 10.7.3. Company snapshot
- 10.7.4. Operating business segments
- 10.7.5. Product portfolio
- 10.7.6. Business performance
- 10.7.7. Key strategic moves and developments
- 10.8. Novo Nordisk A/S
- 10.8.1. Company overview
- 10.8.2. Key Executives
- 10.8.3. Company snapshot
- 10.8.4. Operating business segments
- 10.8.5. Product portfolio
- 10.8.6. Business performance
- 10.8.7. Key strategic moves and developments
- 10.9. GlaxoSmithKline plc
- 10.9.1. Company overview
- 10.9.2. Key Executives
- 10.9.3. Company snapshot
- 10.9.4. Operating business segments
- 10.9.5. Product portfolio
- 10.9.6. Business performance
- 10.10. Boehringer Ingelheim International GmbH
- 10.10.1. Company overview
- 10.10.2. Key Executives
- 10.10.3. Company snapshot
- 10.10.4. Operating business segments
- 10.10.5. Product portfolio
- 10.10.6. Business performance
- 10.10.7. Key strategic moves and developments