Latin America Androgenetic Alopecia Market Size & Outlook

The androgenetic alopecia market in Latin America is expected to reach a projected revenue of US$ 141.9 million by 2030. A compound annual growth rate of 8.9% is expected of Latin America androgenetic alopecia market from 2024 to 2030.
Revenue, 2023 (US$M)
$78.0
Forecast, 2030 (US$M)
$141.9
CAGR, 2024 - 2030
8.9%
Report Coverage
Latin America

Latin America androgenetic alopecia market, 2018-2030 (US$M)

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Latin America androgenetic alopecia market highlights

  • The Latin America androgenetic alopecia market generated a revenue of USD 78.0 million in 2023.
  • The market is expected to grow at a CAGR of 8.9% from 2024 to 2030.
  • In terms of segment, pharmaceuticals was the largest revenue generating treatment in 2023.
  • Devices is the most lucrative treatment segment registering the fastest growth during the forecast period.
  • Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.


Latin America data book summary

Market revenue in 2023USD 78.0 million
Market revenue in 2030USD 141.9 million
Growth rate8.9% (CAGR from 2023 to 2030)
Largest segmentPharmaceuticals
Fastest growing segmentDevices
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPharmaceuticals, Devices
Key market players worldwideJohnson & 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


Other key industry trends

  • In terms of revenue, Latin America region accounted for 2.9% of the global androgenetic alopecia market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 1,493.9 million by 2030.

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Androgenetic Alopecia Market Companies

Name Profile # Employees HQ Website

Latin America androgenetic alopecia 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 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. 

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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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Latin America androgenetic alopecia market size, by country, 2018-2030 (US$M)

Latin America Androgenetic Alopecia Market Outlook Share, 2023 & 2030 (US$M)

Latin America androgenetic alopecia market size, by country, 2018-2030 (US$M)

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