The 7 major anorexia markets reached a value of US$ 88.9 Million in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 556.6 Million by 2034, exhibiting a growth rate (CAGR) of 18.14% during 2024-2034.
Report Attribute
|
Key Statistics
|
---|---|
Base Year |
2023
|
Forecast Years | 2024-2034 |
Historical Years |
2018-2023
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Market Size in 2023
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US$ 88.9 Million |
Market Forecast in 2034
|
US$ 556.6 Million |
Market Growth Rate (2024-2034)
|
18.14% |
The anorexia market has been comprehensively analyzed in IMARC's new report titled "Anorexia Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Anorexia, also referred to as anorexia nervosa, is a complex and potentially life-threatening eating disorder characterized by an intense dread of gaining weight, a distorted perception of one's body, and a refusal to maintain a healthy body weight. Individuals with anorexia often have a low body weight, which they manage through self-imposed starvation, excessive exercise, and other weight control behaviors. Some of the common physical symptoms are fatigue, dizziness, hair loss, dry skin, irregular menstrual cycles in women, etc. Various psychological indications include anxiety, depression, obsessive thoughts about food and weight, etc. Many individuals may also engage in purging behaviors, such as self-induced vomiting and the misuse of laxatives or diuretics. Anorexia nervosa is diagnosed based on a combination of physical and psychological symptoms. Medical professionals will typically conduct a thorough physical examination to assess the patient's weight, body mass index, and other physical indications associated with the ailment. They may also suggest blood tests to rule out further possible causes of the symptoms. Additionally, medical professionals will evaluate an individual's psychological indications through clinical interviews, psychological evaluations, questionnaires, etc.
The rising cases of imbalance in certain neurotransmitters, particularly serotonin and dopamine, which contribute to the complex interplay of biological, psychological, and environmental factors that underlie the disorder, are primarily driving the anorexia market. Besides this, the widespread adoption of various antidepressants like fluoxetine to manage comorbid conditions, such as depression and anxiety, in patients is acting as another significant growth-inducing factor. Additionally, the inflating usage of dialectical behavior therapy (DBT) for treating individuals with anorexia who also have borderline personality disorder is further bolstering the market growth. The therapy focuses on mindfulness, distress tolerance, emotional regulation, and interpersonal effectiveness. Apart from this, the introduction of numerous awareness programs that aim to educate individuals about healthy eating habits and body image, as well as identify and address risk factors for eating disorders, is also creating a positive outlook for the market. Moreover, the increasing utilization of virtual reality therapy, which allows patients to confront their fears in a controlled environment to help them develop more positive attitudes toward food and their bodies, is expected to drive the anorexia market in the coming years.
IMARC Group's new report provides an exhaustive analysis of the anorexia market in the United States, EU5 (Germany, Spain, Italy, France, and United Kingdom) and Japan. This includes treatment practices, in-market, and pipeline drugs, share of individual therapies, market performance across the seven major markets, market performance of key companies and their drugs, etc. The report also provides the current and future patient pool across the seven major markets. According to the report the United States has the largest patient pool for anorexia and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario and unmet medical needs, etc. have also been provided in the report. This report is a must-read for manufacturers, investors, business strategists, researchers, consultants, and all those who have any kind of stake or are planning to foray into the anorexia market in any manner.
Time Period of the Study
Countries Covered
Analysis Covered Across Each Country
This report also provides a detailed analysis of the current anorexia marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
---|---|
Psilocybin | COMPASS Pathways |
*Kindly note that the drugs in the above table only represent a partial list of marketed/pipeline drugs, and the complete list has been provided in the report.
Market Insights
Epidemiology Insights
Anorexia: Current Treatment Scenario, Marketed Drugs and Emerging Therapies