Argentina Branded Generics Market Size & Outlook
Argentina branded generics market, 2018-2030 (US$M)
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Argentina branded generics market highlights
- The Argentina branded generics market generated a revenue of USD 1.3 billion in 2021 and is expected to reach USD 2.0 billion by 2030.
- The Argentina market is expected to grow at a CAGR of 5.5% from 2022 to 2030.
- In terms of segment, anti-hypertensive was the largest revenue generating drug class in 2021.
- Hormones is the most lucrative drug class segment registering the fastest growth during the forecast period.
Branded generics market data book summary
| Market revenue in 2021 | USD 1.3 billion |
| Market revenue in 2030 | USD 2.0 billion |
| Growth rate | 5.5% (CAGR from 2021 to 2030) |
| Largest segment | Anti-hypertensive |
| Fastest growing segment | Hormones |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Alkylating Agents, Antimetabolites, Hormones, Anti-hypertensive, Lipid Lowering drugs, Anti-depressants, Anti-psychotics, Anti-epileptics |
| Key market players worldwide | Teva Pharmaceutical Industries Ltd, Lupin, Sanofi SA, Sun Pharmaceutical Industries, Dr. Reddy’s Laboratories, GlaxoSmithKline, Pfizer Inc, Apotex Inc., Viatris Inc |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.6% of the global branded generics market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil branded generics market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 6.0 billion by 2030.
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Branded Generics Market Scope
Branded Generics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina branded generics 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 branded generics market will help companies and investors design strategic landscapes.
Anti-hypertensive was the largest segment with a revenue share of 15.38% in 2021. Horizon Databook has segmented the Argentina branded generics market based on alkylating agents, antimetabolites, hormones, anti-hypertensive, lipid lowering drugs, anti-depressants, anti-psychotics, anti-epileptics covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing prevalence of chronic diseases and rising government expenditure in the healthcare sector of the country are anticipated to drive the generic pharmaceuticals market. An article suggests that around USD 414.2 million, USD 233 million, and USD 139.8 million were invested in universal health care, accident & emergency, and solidarity redistribution fund, respectively, in 2019.
The population lacks proper healthcare coverage, and over 36% of the population does not have formal healthcare coverage & is dependent the on public healthcare system. All these factors create an opportunity for branded generic players to fulfill the high demand for low-cost drugs and treatment.
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Our clientele includes a mix of branded generics market companies, investment firms, advisory firms & academic institutions.
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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 country-level data and insights on the Argentina branded generics market , including forecasts for subscribers. This country databook contains high-level insights into Argentina branded generics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina branded generics market size, by drug class, 2018-2030 (US$M)
Argentina Branded Generics Market Outlook Share, 2021 & 2030 (US$M)
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