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Obesity Treatment Market Technological Advancement, Development Status and Strategic Assessment
Overview:
Market Research Future (MRFR), while discussing
the possibilities of the global market for obesity treatment, predicted rise by
16.7% during the forecast period. This growth will depend a lot on the changes
in weight loss and weight management market.
Drivers and Restraints:
The obesity treatment market
will depend on aspects like the rising awareness, a surge in the number of
health-conscious people, better inclusion rate for latest technologies, a hike
in investment for research and development, innovations and their speedy
approval, awaiting products in the pipeline, a surge in disposable income,
changing food habits, and others. In developing countries, this growth is
getting backed by strategies launched by top brands to ensure their
expansion.
However, the obesity treatment market
share may find some roadblocks in the form of a sedentary lifestyle that has
been enforced on people by rapidly increasing industrialization and
urbanization.
Segmentation:
The global obesity treatment market
has been studied by MRFR on the basis of a type, diagnosis, treatment, and
end-user. These segments and data in them are expected to facilitate the
decision-making process for the future.
By type, the obesity treatment market
has been studied on the basis of food obesity, anxiety obesity, inactivity
obesity, atherogenic obesity, venous obesity, and gluten obesity.
By diagnosis, the report containing
details of the treatment for obesity market has
been segmented into physical examination, blood tests, and others. The blood
tests segment includes thyroid test, liver function test, cholesterol test, and
others. The physical examination segment comprises blood pressure measurement,
heart rate measurement, and others.
By treatment, the study on the global
obesity treatment market includes surgery, medication, lifestyle changes, and
others. The medication segment has been studied on the basis of lorcaserin,
orlistat, liraglutide, phentermine and topiramate, and others. The surgery
segment includes Laparoscopic Adjustable Gastric Banding (LAGB), gastric bypass
surgery, biliopancreatic diversion, gastric sleeve, gastric sleeve, and
others.
By end-user, the report on the obesity
treatment market includes clinics, pharmacies, hospitals, and others.
Regional Analysis:
The Americas is slated to take the
lead of the global market during the forecast period by maintaining a steady
flow of investment, increasing awareness, and funding various research
projects. The US and Canada would impact the market the most. In Asia Pacific,
the growth would experience traction from rising disposable income.
Competitive Landscape:
The obesity treatment market
players include are Arena Pharmaceuticals,
Inc. (U.S.), VIVUS, Inc. (U.S.), Novo Nordisk A/S (Denmark), Orexigen
Therapeutics, Inc. (U.S.), F. Hoffmann-La Roche, Ltd. (Switzerland), Cousin
Biotech (France), EnteroMedics, Inc. (U.S.), Allergan (Republic of Ireland),
Olympus Corporation (Japan), Medtronic (U.S.), USGI Medical, Inc. (U.S.),
Johnson & Johnson Services, Inc. (U.S.), Covidien plc (Republic of
Ireland), Mediflex Surgical Products (U.S.), and others.
Industry News:
In June 2020, researchers from the
Pennington Biomedical Research Center in Baton Rouge, LA, declared that they
had discovered BAM15. This is a protein that can have a significant impact on
the potential treatment for obesity and it can help in curbing the impact of
related diseases. BAM15 increases mitochondrial respiration and other sustained
activity in major ways, it does not impact food consumption but reduces the
influence of mitochondria.
In June 2020, Novo Nordisk declared
the results of two clinical trials with a phase 2 monotherapy trial and a phase
1 combination trial of AM833, a novel once-weekly subcutaneous amylin analogue
(AM833), and once-weekly subcutaneous semaglutide 2.4 mg. This test was conducted
to understand obesity or overweight that have at least one weight-related
comorbidity.
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