Ozempic Market Expected to Nearly Double by 2032, Fueled by Rising Diabetes and Obesity Rates
The global Ozempic market is projected to experience substantial growth, surging from USD 8.47 billion in 2024 to USD 15.91 billion by 2032, according to a new report by Stellar market Research. This expansion is primarily driven by the increasing prevalence of diabetes and obesity worldwide, coupled with the growing adoption of GLP-1 receptor agonist therapies like ozempic.
The report highlights the meaningful impact of GLP-1 (glucagon-like peptide-1) therapy in managing type 2 diabetes and, increasingly, obesity. Demand for these treatments is escalating as healthcare providers recognize their efficacy in weight management and cardiovascular risk reduction, beyond traditional blood sugar control. This growth presents considerable opportunities for pharmaceutical manufacturers and healthcare providers alike, but also underscores the urgent need for accessible and affordable treatment options for a growing patient population.
Stellar Market Research’s analysis covers key industry trends,competitive landscapes,production and demand dynamics,and potential client impacts. The firm provides market-verified industry estimations and technical trend analysis across various sectors, including medical devices and pharmaceuticals.
Lumawant Godage of Stellar Market Research can be contacted for further information.