Obesity Treatment Market Insights:
The Obesity Treatment Market size was valued at USD 15.44 Billion in 2022, expecting a CAGR of 10% during the forecast period (2023-2030), and the market is projected to be worth USD 33.1 Billion by 2030.
Driver:
The increased adoption of Obesity Treatment in the Medical Devices industry is due to high workability, Stability of structure, good quality, and Demand for making things better. The demand for Obesity Treatment also has other significant aspects, such as analysis, purchasing volume, costs, pricing analysis, and regulatory framework. Additionally, the increased demand of Obesity Treatment in many sectors also boosts the market growth during the forecast period.
Obesity treatment refers to the various methods used to help individuals with obesity achieve and maintain a healthier body weight. These methods may include lifestyle changes, such as diet and exercise, as well as medical interventions and surgical procedures. The primary goal of obesity treatment is to reduce the risk of health problems associated with excess weight, such as diabetes, heart disease, and certain types of cancer, and to improve overall quality of life.
Obesity Treatment Market Research Report” was just released by Market Research Community. It is divided into several categories, including By Surgery (Biliopancreatic diversion with Duodenal Switch (BPD/DS), Adjusting Gastric Banding, Roux-en-Y Gastric Bypass, Sleeve gastrectomy, Endoscopic Procedures), By Drug (Appetite suppressants, Combination drugs, Malabsorption, Satiety drugs), By End-Use (Clinics, Hospitals, Beauty institutions, Others), and companies (AbbVie Incorporation, Apollo Endosurgery, Inc., Arena Pharmaceuticals, Incorporation, Atkins Nutritionals, Ltd., Brunswick Corporation, C.H. Boehringer Sohn AG & Ko. KG, EnteroMedics, Incorporation, F. Hoffmann-La Roche, Ltd., Herbalife Ltd., Johnson & Johnson Services, Inc., Medtronic PLC), According to the analysis of Market Research Community, The market is projected to grow at a significant pace reaching a CAGR of approximately 10%, over the forecast period of 2023–2030.
Report Coverage:
| Report Attributes | Report Details |
| Study Timeline | 2017-2030 |
| Market Size in 2030 (USD Billion) | 33.1 Billion |
| CAGR (2023-2030) | 10% |
| By Surgery | Biliopancreatic diversion with Duodenal Switch (BPD/DS), Adjusting Gastric Banding, Roux-en-Y Gastric Bypass, Sleeve gastrectomy, Endoscopic Procedures |
| By Drug | Appetite suppressants, Combination drugs, Malabsorption, Satiety drugs |
| By End-Use | Clinics, Hospitals, Beauty institutions, Others |
| By Geography | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Key Players | AbbVie Incorporation, Apollo Endosurgery, Inc., Arena Pharmaceuticals, Incorporation, Atkins Nutritionals, Ltd., Brunswick Corporation, C.H. Boehringer Sohn AG & Ko. KG, EnteroMedics, Incorporation, F. Hoffmann-La Roche, Ltd., Herbalife Ltd., Johnson & Johnson Services, Inc., Medtronic PLC |
Covid-19 Impact:
The COVID-19 pandemic has had a substantial negative influence on the Obesity Treatment market in many different regions of the world. The factors such as limited availability of raw materials, transportation restrictions, the shutdown of manufacturing facilities, and economic slowdown are the major impacts of COVID-19 which hampered the market growth. Shipments were impacted during the initial lockdown due to halted automotive productions and stringent government rules. The overall impact of COVID-19 on the industry is estimated to be minimal because the situation has stabilised. Post covid-19, there was a positive impact on the market growth due to the increased industrial manufacturing processes and rising demand for environment-friendly alternatives.
Industry Competitive Landscape:
The research includes comprehensive profiles of the key players in the market and an analysis of the competitive landscape. The market for sample preparation has grown more quickly as a result of the spike in research and development (R&D), product innovation, different business strategies, and application releases. Key players in the market include-
AbbVie Incorporation, Apollo Endosurgery, Inc., Arena Pharmaceuticals, Incorporation, Atkins Nutritionals, Ltd., Brunswick Corporation, C.H. Boehringer Sohn AG & Ko. KG, EnteroMedics, Incorporation, F. Hoffmann-La Roche, Ltd., Herbalife Ltd., Johnson & Johnson Services, Inc., Medtronic PLC
Market Segment Analysis:
By Surgery
- Biliopancreatic diversion with Duodenal Switch (BPD/DS)
- Adjusting Gastric Banding
- Roux-en-Y Gastric Bypass
- Sleeve gastrectomy
- Endoscopic Procedures
By Drug
- Appetite suppressants
- Combination drugs
- Malabsorption
- Satiety drugs
By End-Use
- Clinics
- Hospitals
- Beauty institutions
- Others
Region
The regional segment includes Asia Pacific, Europe, North America, the Middle East, and Africa, Latin America. In 2022, some of these regions expected to contribute the largest share during the forecast period.
The factors such as the large and easy availability of basic things, rising purchasing power among the population, and favorable government policies and industrial facilities are estimated to accelerate the industry growth in the region. The growing rate of industrialization is anticipated to boost the presence of Obesity Treatment industries in the region.
Key Obesity Treatment Market Trends
– Based on type, sub-type, technology utilised, applications, end-users, and geographies, the research identifies, defines, and predicts the Global Obesity Treatment Market segments.
– Largest Market Share Held by Industry to Industry for Obesity Treatment
– Based on their expected growth, development patterns and prospects for the future, and contributions to the overall market, it analyses the micro markets.
– Demand from the geographical area is estimated to boost growth.
– Growing Market Segment Adoption in the Obesity Treatment Industry
– Over the forecast period, higher growth rates are anticipated in in some regions
Why Purchase the Industry Report by MRC
There is a huge amount of information in the report, including market trends and business opportunities for the forecast period.
Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) statistics.
Data at the regional, sub-regional, and national levels also includes information on the market’s supply and demand dynamics.
The competitive landscape includes the proportions of important players, recent innovations, and strategy.
Comprehensive product offerings, important financial data, latest advancements, SWOT analysis, and key player tactics.
Table of Content
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