This study covers the market dynamics and trends in major countries that are expected to influence the current market scenario and future status of the Global Obesity Management Market over the forecast period.
Pune, India -- (SBWIRE) -- 03/29/2018 -- MarketResearchFuture.com published a Half-Cooked research report on "Global Obesity Management Market Research Report - Forecast to 2022" reports to its database. – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.
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The report titled "Obesity Management Market -Forecast to 2022? is a direct appreciation by Market Research Future of the market potential of the Obesity Management Market. The report intends to provide accurate and meaningful insights, both quantitative as well as qualitative. It can be said with high confidence level, that this report will satisfy the need for comprehensive insights needed to compete and beat other players in today's winner takes all market!
Global Market for Obesity Management - Market Overview:
There has been a continuous upward trend in the obesity incidences across the globe and hence remains a major concern for governments and public health departments. Today, a considerable percentage of the world population is affected by obesity. As per World Health Organization (WHO), over 1.9 billion adults (18 years and older) and nearly 41 million minors under the age of 5 were overweight in 2016. The US National Institute of Health revealed that more people lose their lives from obesity than underweight. Factors as such are driving the demand for obesity management worldwide. Obesity management falls under the treatment need by obese patients. Typically, obesity management is the process of monitoring the amount of weight gained or lost by an individual. Even a difference of 5-10% in body weight can have a significant impact on clinical outcomes.
Market Research Future (MRFR)'s latest report projects that the global market for obesity management will surge at a healthy CAGR of 8.4% between 2015 and 2022. The market is expected to reach a valuation of USD 6.2 Bn towards the end of the assessment period. Obesity has become a major health issue in the modern world mainly due to changing lifestyle and unhealthy diet practice. Increasing consumption of junk food with high fat and calorie content has partly influenced the global obesity prevalence rate. Obesity puts an individual at high risk of attain several other lifestyle disease such as diabetes, osteoarthritis, cardiovascular diabetes, and hypertension. There are various other adverse effects of overweight, medical studies suggest that obesity reduces the life expectancy of a person substantively.
The demand for fat-cutting products have increased at rapid pace in recent years. There is a greater focus on developing obesity treatment with zero side effects, as many of the current treatments often cause certain unwarranted discomfort to patient. Government-led weight loss grogram and introduction of obesity management regimens are likely to support the growth of obesity management market. Moreover, factors such as increased healthcare expenditure and availability of advance treatment options are reflecting favourably on the market.
Global Market for Obesity Management – Competitive:
Ethicon, Inc. (U.S.), F. Hoffmann-La Roche Ltd (Switzerland), AstraZeneca (UK), Apollo Endosurgery (U.S.), Merck Sharp & Dohme Corp., a unit of Merck & Co., Inc. (US), Pfizer Inc. (US), GlaxoSmithKline plc. (UK), and Herbalife Ltd. (U.S.) are some of the important market participants mentioned in MRFR's report.
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North America is expected to hold it dominant position in the global obesity management market through the assessment period. Rising prevalence of obesity is driving the demand for obesity management in the region. The market in Europe is also expected to witness a health growth over the next couple of years. Obesity has become a major public health issue in various European countries.
What makes our report unique?
1) An extensive research study on the Global Obesity Management market, and its entire ecosystem, describes the market trends, drivers, restraints and opportunities of the Obesity Management market.
2) We provide you the longest possible market segmentation based on type of products, procedures and geography and describe the market share region wise.
3) The report gives a bird eyes view on the competitive landscape which includes mergers and acquisitions, collaborations, market strategies, and new product launches.
Latest Industry Highlights:
BioCorRx Inc., a leading manufacturer and supplier of novel treatment solutions for opioid and alcohol additions recently announced of new developments on its pilot program for weight loss.
Boston-based Embattled GI Dynamics recently announced that its shareholders have approved an offering of $2 million. Reportedly, the company could use this offering for developing its EndoBarrier device – technology aimed at treating obesity in patients with Type 2 diabetes, which is currently in its initial stages.
Global Market for Obesity Management – Segmental Analysis:
MRFR's report offers an all-inclusive segmental analysis of the market on the basis of surgery type (biliopancreatic diversion with duodenal switch, gastric bypass surgery, laparoscopic adjustable gastric banding (LAGB) and others), lifestyle changes (exercise, dietary changes and other) and prescription (lorcaserin (Belviq), liraglutide (Saxenda), orlistat (Xenical), buproprion and naltrexone (Contrave), phentermine and topiramate (Qsymia) and others.
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