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The Economic Times
The Economic Times
Business

GLP-1 boom in China, India, Brazil could create $22 billion market by 2035, J.P. Morgan says

The combined China-India-Brazil market for weight-loss drugs could grow to $22 billion by 2035 from $6.6 billion currently, J.P. Morgan estimated, as improving affordability and broader access drive adoption in largely untapped patient populations.

The addressable market could grow at an annual rate of 15% through 2035, J.P. Morgan analysts led by Yang Huang said in a note on Friday, given the countries' large diabetes and obesity burdens.

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