Metabolic Syndrome Market Trends

  • Report ID: 6696
  • Published Date: Nov 15, 2024
  • Report Format: PDF, PPT

Metabolic Syndrome Market Trends

Growth Drivers

  • Rising prevalence of obesity and diabetes: The growing prevalence of obesity and diabetes worldwide remains one of the major growth drivers in the metabolic syndrome market. Among the critical conditions closely associated with metabolic syndrome, the early detection and intervention of obesity and diabetes are paramount. For example, Sun Pharma launched Bempedoic Acid, an innovative oral drug for targeting LDL cholesterol, in India in May 2022, which targeted one of the critical elements of metabolic syndrome. This launch is a good example of the industry's response to the increasing prevalence of obesity and diabetes, thus supporting market growth.
  • Enhanced diagnostic technologies: Improved diagnostic technologies enable the early diagnosis of metabolic syndrome, which improves outcomes for the patient by minimizing the chances of serious complications. For example, Lumen raised USD 62 million in December 2022 for its handheld device, which analyzes metabolic fuel usage by measuring CO2 levels and aids in personalizing dietary and lifestyle changes. This further emphasizes the role of diagnostics in managing metabolic syndrome.
  • Increased emphasis on preventive care: The growing level of awareness in people regarding the risks and further complications linked to metabolic syndrome propels the demand for prevention programs associated with this syndrome. Awareness programs like Think Liver Think Life by the American Liver Foundation, which was launched in May 2022, suggest the need for early-stage diagnosis and the required precautionary measures. These programs advocate lifestyle changes and early diagnosis, adding to market growth as people look for preventive measures for metabolic syndrome.

Challenges

  • Data privacy concerns in digital health solutions: The rapidly developing digital health solutions for managing metabolic syndrome bring new levels and scales of data privacy concerns, challenging companies to adhere to strict data regulations that can complicate product development and deployment. In addition, since the data breach issue requires strong cybersecurity measures, this increases the cost and technical difficulty for companies looking either to enter or expand their operations in this area.
  • Limited access in some regions: The treatment and diagnosis of metabolic syndrome are still restricted in low-income areas due mainly to limits in healthcare infrastructure. Many of these regions have not realized easy access to advanced treatments despite awareness and efforts by the government. This is due to the fact that the costs are high and qualified healthcare workers are in short supply. Poor access to diagnostic facilities further constrains early detection, underlining the need for scalable and low-cost healthcare interventions to address such gaps.

Metabolic Syndrome Market: Key Insights

Base Year

2024

Forecast Year

2025-2037

CAGR

8%

Base Year Market Size (2024)

USD 128.1 billion

Forecast Year Market Size (2037)

USD 322.8 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 6696
  • Published Date: Nov 15, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The metabolic syndrome market size is USD 128.1 billion in 2024.

The global metabolic syndrome market size is valued at US 128.1 billion in 2024 and is anticipated to surpass USD 322.8 billion by the end of 2037, rising at a CAGR of 8% over the forecast period, i.e., 2025-2037.

Key players in the market include Johnson Johnson, Bayer, Eli Lilly, Amgen, Merck, Takeda, Abbott Laboratories, Pfizer, AstraZeneca, Roche, Novartis, GlaxoSmithKline, Boehringer Ingelheim, Sanofi, Novo Nordisk.

The pharmaceuticals segment is anticipated to hold a leading share during the forecast period.

North America is anticipated to dominate the industry with a share of 35.0% during the forecast period.
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