Data Bridge Market Research analyses a growth rate in the global metabolic syndrome market in the forecast period 2022-2029. The expected CAGR of global metabolic syndrome market is tend to be around 7.50% in the mentioned forecast period. The market was valued at USD 62 billion in 2021, and it would grow upto USD 110.58 billion by 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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The metabolic syndrome market is expected to witness significant growth during the forecast period. Growing cases of hypertension, cardiomyopathy, diabetes and hypercholesterolemia drives the metabolic syndrome market. Due to the adaptation of unhealthy lifestyle, increased stress in daily life & malnutrition and family history with cardiac disease also boost up the metabolic syndrome market growth. Many major market players are contributing a lot in drug discovery and development. COVID-19 also had a major impact on the market growth.
Key Growth Drivers:
- Rising Awareness For Disease Treatment
Rising awareness among patients and healthcare professionals for the treatment of different types of metabolic syndromes and more and more usage of combination therapy are the driving factors that is expected to boost the demand for global metabolic syndrome market during the forecast period of 2022-2029.
- Increased Clinical Studies and Government Initiatives
The global metabolic syndrome market is estimated to be driven by the rising R&D investments in drug discovery and development and the rising prevalence of diabetes. For instance, for the treatment of diabetes as a metabolic syndrome, as per the reports of International Diabetes Federation, around 415 million people are currently affected by diabetes globally and it is hoped to increase to 642 million diabetic people by the year 2040.
The report outlines the involvement of key players, including:
Atkins Global (U.K.), Herbalife International of America Inc., (U.S.), Abbott (U.S.), Kellogg;s Co (U.S.), megalabs (U.S.), Johnson & Johnson Private Limited (U.S.), Medtronic (Ireland), Apollo Endosurgery Inc., (U.S.), GSK plc (U.K), Olympus Corporation (Japan), WW International Inc., (U.S.), Jenny Craig (U.S.), Gold’s Gym (U.S.), DSM (Netherlands), Brunswick Corporation (U.S.), Amer Sports (Finland), Johnson Health Tech (Taiwan), Technogym SpA (Italy), Shaklee Corporation (U.S.), Nature's Sunshine Products, Inc., (U.S.) and Novo Nordisk A/S (Denmark)
Key Market Segmentation
Diseases Type (Dysmetabolic Syndrome, Hypertriglyceridemia Waist, Insulin Resistance Syndrome, Obesity Syndrome, Syndrome X), By Diagnosis (Physical Exam, Blood Tests, Others), Treatment (Medication, lifestyle Changes, Others), Route of Administration (Oral, Parental, Others), End-Users (Hospitals, Homecare, Speciality Centres, Others), Distribution Channel (Hospital Pharmacy, Online Pharmacy, Retail Pharmacy)
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