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J.P. Morgan forecasts China, India, and Brazil weight loss drug market to grow to $22 billion by 2035

Reuters ·

LLY Lilly(Eli) & Co
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  1. 1J.P. Morgan estimated that the combined $6.6 billion weight loss drug market in China, India, and Brazil will grow to $22 billion by 2035.
  2. 2Analysts led by Yang Huang said the target market could record an annual growth rate of 15% through 2035.
  3. 3GLP-1 is shifting from a developing country growth theme to a broader global access story.

So what's the key point?

The weight loss drug market in China, India, and Brazil is expected to grow to $22 billion by 2035. This means the market will grow by 15% every year and expand globally.

Source Reuters · View original ↗

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