Deep Dive 25 minutes PremiumThe Rise of GLP-1 Drugs: Unveiling New Horizons in the US Healthcare Space Madhav Pitaliya, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research October 31, 2024 What's InsideWhile they were originally developed for the treatment of diabetes, GLP-1 (glucagon-like peptide-1) medications, including Ozempic and Wegovy, have rapidly gained attention for their weight-loss effectiveness. We explore the implications of GLP-1 drugs on the US healthcare industry, as well as various retail sectors, examining their role in driving retail growth and redefining modern healthcare approaches. Data in this research report include: Proprietary survey data on US consumers reasons for taking GLP-1 medications and their behavior changes Total size and year-over-year growth of the US obesity drug market, 2020–2028E Recent revenue results of major GLP-1 medications, including Ozempic and Mounjaro Year-over-year changes in the share prices of major GLP-1 manufacturers, January 2023–August 2024 Companies mentioned in this report include: Amazon, Amgen, Bayer, Cigna Group, Costco, Kroger, Eli Lilly, NIKE, Novo Nordisk, Pfizer, Walmart Other relevant research: What the Ozempic Economy Means for US Retail Decoding the GLP-1 Trend: How Is the Ozempic Economy Impacting CPG Retail? Data Dive: The Global Obesity Economy—Shaped by the Spending of 1 Billion Consumers Market Navigator: US Healthcare—Evolving To Become More Personalized and Consumer-Focused Visit the Coresight Research Food, Grocery and CPG Retail Hub to explore sector data, reports and company profiles. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Innovator Profile: Devour—Transforming Food Delivery into an Engaging Gaming ExperienceThe Strategic Edge for Startups and Retail’s AI Evolution—Insights from the Israel-US Connect: Retail-Tech Innovation Welcome ReceptionInnovator Profile: Pi-xcels Eliminates Paper Receipts While Engaging Brick-and-Mortar ShoppersWeekly US and UK Store Openings and Closures Tracker 2023, Week 19: UK Openings Up 52%