Latin America Breast Cancer Drugs Market Size & Outlook
Latin America breast cancer drugs, 2018-2030 (US$M)
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Latin America breast cancer drugs highlights
- The Latin America breast cancer drugs generated a revenue of USD 518.4 million in 2023.
- The market is expected to grow at a CAGR of 6.8% from 2024 to 2030.
- In terms of segment, targeted therapy was the largest revenue generating therapy in 2023.
- Immunotherapy is the most lucrative therapy 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 2023 | USD 518.4 million |
| Market revenue in 2030 | USD 823.8 million |
| Growth rate | 6.8% (CAGR from 2023 to 2030) |
| Largest segment | Targeted therapy |
| Fastest growing segment | Immunotherapy |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Chemotherapy, Immunotherapy, Targeted Therapy, Hormonal Therapy |
| Key market players worldwide | Novartis AG ADR, Pfizer Inc, Merck KGaA, Janssen Pharmaceuticals, Celgene, Roche Holding AG, AstraZeneca PLC, AbbVie Inc, Bristol-Myers Squibb Co, Macrogenics Inc, Celldex Therapeutics Inc, Sanofi SA, Amgen Inc |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.0% of the global breast cancer drugs 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 3,358.8 million by 2030.
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Breast Cancer Drugs Scope
Breast Cancer Drugs Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America breast cancer drugs 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 breast cancer drugs will help companies and investors design strategic landscapes.
Targeted therapy was the largest segment with a revenue share of 64.24% in 2023. Horizon Databook has segmented the Latin America breast cancer drugs based on chemotherapy, immunotherapy, targeted therapy, hormonal therapy covering the revenue growth of each sub-segment from 2018 to 2030.
Latin America includes Mexico, Brazil, and Argentina. Increase in the incidence of breast cancer and rapid economic development, especially in Mexico, are major factors expected to propel the regional market over the forecast period.
Although this region has high unmet patient needs, capitalization of market opportunities is difficult owing to the lack of appropriate healthcare infrastructure. However, technological advancements are expected to contribute to market growth.
Increase in government spending, presence of skilled healthcare professionals, rise in focus of multinational pharmaceutical companies to capture the untapped markets, and increase in patient awareness are expected to drive the market over the forecast period.
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Target buyers of Latin America breast cancer drugs databook
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Our clientele includes a mix of breast cancer drugs companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America breast cancer drugs, including forecasts for subscribers. This continent databook contains high-level insights into Latin America breast cancer drugs from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America breast cancer drugs market size, by country, 2018-2030 (US$M)
Latin America Breast Cancer Drugs Share, 2023 & 2030 (US$M)
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