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Metabolic Disorder Therapeutics Market Size

  • Report ID: GMI9801
  • Published Date: Jun 2024
  • Report Format: PDF

Metabolic Disorder Therapeutics Market Size

Metabolic Disorder Therapeutics Market size accounted for USD 74.4 billion in 2023 and is expected to grow at a CAGR of 7.5% between 2024 and 2032, due to the increasing prevalence of conditions such as diabetes, obesity, hypercholesterolemia, and genetic metabolic diseases.

 

 

Factors like sedentary lifestyles, unhealthy dietary habits, and genetic predispositions contribute to this rising incidence, creating a higher demand for therapeutic interventions. Additionally, advancements in biotechnology and pharmaceutical research have led to the development of innovative therapeutic approaches, including novel drug formulations, targeted therapies, gene therapies, and precision medicine strategies.
 

Moreover, rising healthcare expenditure, particularly in developed countries, is fueling investment in the research, development, and commercialization of new therapies, leading to a broader range of treatment options and improved patient outcomes. Owing to these factors, metabolic disorder therapeutics market is poised to experience significant growth.
 

Metabolic disorder therapeutics refers to the various treatments and interventions used to manage, treat, and potentially cure metabolic disorders. Metabolic disorders are conditions that disrupt normal metabolism. These disorders can be genetic or acquired and often involve abnormalities in enzyme function or hormonal regulation. Therapeutics for metabolic disorders aim to restore normal metabolic function, alleviate symptoms, and prevent complications.
 

Authors: Mariam Faizullabhoy , Gauri Wani

Frequently Asked Questions (FAQ) :

Metabolic disorder therapeutics industry size was USD 74.4 billion in 2023 and will grow at 7.5% CAGR between 2024 and 2032 due to rising prevalence of metabolic disorders, such as diabetes, obesity, and thyroid disorders worldwide.

The hospitals segment in the market will record USD 74.2 billion by 2032, driven by its pivotal role as a primary healthcare provider for patients with complex metabolic conditions.

North America metabolic disorder therapeutics industry will expand at 7.2% CAGR through 2032, attributed to high prevalence rates of conditions like diabetes and obesity, coupled with the sophisticated healthcare infrastructure.

Amgen Inc., AstraZeneca plc, Biocon Ltd., BioMarin Pharmaceutical, Inc., Boehringer Ingelheim GmbH, Bristol-Myers Squibb Company, Cipla, Inc., CymaBay Therapeutics, Inc., Eli Lilly and Company, Merck KGaA, Novo Nordisk A/S, and Sanofi SA, among others.

Metabolic Disorder Therapeutics Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 341
  • Countries covered: 22
  • Pages: 195
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