Brazil Glp-1 Receptor Agonist Market Size & Outlook
Brazil glp-1 receptor agonist market, 2018-2030 (US$M)
Related Markets
Brazil glp-1 receptor agonist market highlights
- The Brazil glp-1 receptor agonist market generated a revenue of USD 459.5 million in 2023 and is expected to reach USD 1,534.2 million by 2030.
- The Brazil market is expected to grow at a CAGR of 18.8% from 2024 to 2030.
- In terms of segment, trulicity was the largest revenue generating product in 2023.
- Other Products is the most lucrative product segment registering the fastest growth during the forecast period.
Glp-1 receptor agonist market data book summary
| Market revenue in 2023 | USD 459.5 million |
| Market revenue in 2030 | USD 1,534.2 million |
| Growth rate | 18.8% (CAGR from 2023 to 2030) |
| Largest segment | Trulicity |
| Fastest growing segment | Other Products |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ozempic (semaglutide), Trulicity, Mounjaro (tirzepatide), Rybelsus (oral semaglutide), Saxenda, Victoza (liraglutide), Other Products |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.2% of the global glp-1 receptor agonist market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil glp-1 receptor agonist market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 873.8 million by 2030.
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GLP-1 Receptor Agonist Market Scope
GLP-1 Receptor Agonist Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil glp-1 receptor agonist market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to glp-1 receptor agonist market will help companies and investors design strategic landscapes.
Trulicity was the largest segment with a revenue share of 35.67% in 2023. Horizon Databook has segmented the Brazil glp-1 receptor agonist market based on ozempic (semaglutide), trulicity, mounjaro (tirzepatide), rybelsus (oral semaglutide), saxenda, victoza (liraglutide), other products covering the revenue growth of each sub-segment from 2018 to 2030.
In Latin America, Brazil has the largest population. Thus, the prevalence & incidence of target diseases in the country are high, which leads to an increased demand for therapeutics. According to an article published by the World Obesity Federation, around 48% of adults in Brazil are expected to suffer from obesity by 2044, with around 27% being overweight.
Moreover, diabetes represents 51% of the new diseases attributed to overweight and obesity accounting for 5.57 million people suffering from the condition in Brazil. Brazil has been experiencing positive economic growth due to the region's recent financial and political stability.
The pharmaceutical industry in the country has shown greater improvements compared to other industries due to increasing government investments to enhance healthcare infrastructure.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil glp-1 receptor agonist market , including forecasts for subscribers. This country databook contains high-level insights into Brazil glp-1 receptor agonist market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil glp-1 receptor agonist market size, by product, 2018-2030 (US$M)
Brazil GLP-1 Receptor Agonist Market Outlook Share, 2023 & 2030 (US$M)
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