Market revenue in 2023 | USD 78.0 million |
Market revenue in 2030 | USD 141.9 million |
Growth rate | 8.9% (CAGR from 2023 to 2030) |
Largest segment | Pharmaceuticals |
Fastest growing segment | Devices |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Pharmaceuticals, Devices |
Key market players worldwide | Johnson & Johnson, Cipla Ltd DR, Sun Pharmaceutical Industries, Merck & Co Inc, Dr. Reddy’s Laboratories, Cardiff Lexington Corp, Amgen Inc, Theradome, Aurobindo Pharma, Curallux, Apira Science |
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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 androgenetic alopecia market will help companies and investors design strategic landscapes.
Pharmaceuticals was the largest segment with a revenue share of 98.85% in 2023. Horizon Databook has segmented the Latin America androgenetic alopecia market based on pharmaceuticals, devices covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing government spending, presence of skilled healthcare professionals, growing focus by multinational pharmaceutical companies on untapped markets, and rising patient awareness are expected to drive the market over the forecast period. The unmet need for alopecia treatment is another factor expected to create major opportunities for market growth.
Moreover, the presence of government and nongovernment bodies, such as Brazilian Society of Dermatology, in the region is expected to support overall regional growth, as it is focused on creating awareness. The high preference for OTC medications has been observed in the past few years. Furthermore, the growing adoption of available drugs is one of the key factors propelling market growth.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America androgenetic alopecia market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America androgenetic alopecia market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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