Latin America Bioequivalence Studies Market Size & Outlook

The bioequivalence studies market in Latin America is expected to reach a projected revenue of US$ 81.4 million by 2030. A compound annual growth rate of 7.4% is expected of Latin America bioequivalence studies market from 2024 to 2030.
Revenue, 2023 (US$M)
$49.5
Forecast, 2030 (US$M)
$81.4
CAGR, 2024 - 2030
7.4%
Report Coverage
Latin America

Latin America bioequivalence studies market, 2018-2030 (US$M)

Latin

Latin America bioequivalence studies market highlights

  • The Latin America bioequivalence studies market generated a revenue of USD 49.5 million in 2023.
  • The market is expected to grow at a CAGR of 7.4% from 2024 to 2030.
  • In terms of segment, small molecule was the largest revenue generating molecule type in 2023.
  • Large Molecule is the most lucrative molecule type segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.

Latin America data book summary

Market revenue in 2023USD 49.5 million
Market revenue in 2030USD 81.4 million
Growth rate7.4% (CAGR from 2023 to 2030)
Largest segmentSmall molecule
Fastest growing segmentLarge Molecule
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSmall Molecule, Large Molecule
Key market players worldwideIQVIA Holdings Inc, Icon PLC, Charles River Laboratories International Inc, Labcorp Drug Development, Kymos Pharma Services, Spectris PLC

Other key industry trends

  • In terms of revenue, Latin America region accounted for 6.8% of the global bioequivalence studies 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 279.9 million by 2030.

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Bioequivalence Studies Market Companies

Name Profile # Employees HQ Website

Latin America bioequivalence studies 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 bioequivalence studies market will help companies and investors design strategic landscapes.


Small molecule was the largest segment with a revenue share of 60.4% in 2023. Horizon Databook has segmented the Latin America bioequivalence studies market based on small molecule, large molecule covering the revenue growth of each sub-segment from 2018 to 2030.


  • Latin America Bioequivalence Studies Molecule Type Outlook (Revenue, USD Million, 2018-2030)
    • Small Molecule
    • Large Molecule
  • Latin America Bioequivalence Studies Dosage Form Outlook (Revenue, USD Million, 2018-2030)
    • Solid Oral Dosage
    • Parenteral Formulations
    • Topical Products
    • Others
  • Latin America Bioequivalence Studies Therapeutic Area Outlook (Revenue, USD Million, 2018-2030)
    • Oncology
    • Neurology
    • Metabolic Disorders
    • Hematology
    • Immunology
    • Others

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Target buyers of Latin America bioequivalence studies market databook

  • Our clientele includes a mix of bioequivalence studies market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America bioequivalence studies market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America bioequivalence studies market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America bioequivalence studies market report size, by country, 2018-2030 (US$M)

Latin America Bioequivalence Studies Market Share, 2023 & 2030 (US$M)

Latin America bioequivalence studies market report size, by country, 2018-2030 (US$M)

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