Latin America Central Nervous System Therapeutic Market Size & Outlook
Latin America central nervous system therapeutic market, 2018-2028 (US$M)
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Latin America central nervous system therapeutic market highlights
- The Latin America central nervous system therapeutic market generated a revenue of USD 5,262.8 million in 2020.
- The market is expected to grow at a CAGR of 5.5% from 2021 to 2028.
- In terms of segment, mental health was the largest revenue generating disease in 2020.
- CNS Cancer is the most lucrative disease segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2021 to 2028.
Latin America data book summary
| Market revenue in 2020 | USD 5,262.8 million |
| Market revenue in 2028 | USD 8,070.6 million |
| Growth rate | 5.5% (CAGR from 2020 to 2028) |
| Largest segment | Mental health |
| Fastest growing segment | CNS Cancer |
| Historical data covered | 2018 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Neurovascular Diseases, CNS Trauma, Mental Health, Neurodegenerative Diseases, Infectious Diseases, CNS Cancer |
| Key market players worldwide | Biogen Inc, Otsuka Pharmaceutical, Eli Lilly and Co, Merck & Co Inc, AstraZeneca PLC, Novartis AG ADR, Teva Pharmaceutical Industries Ltd, Johnson & Johnson, Pfizer Inc |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.0% of the global central nervous system therapeutic market in 2020.
- Globally, North America is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 43,984.7 million by 2028.
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Central Nervous System Therapeutic Market Scope
Central Nervous System Therapeutic Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America central nervous system therapeutic 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 central nervous system therapeutic market will help companies and investors design strategic landscapes.
Mental health was the largest segment with a revenue share of 48.53% in 2020. Horizon Databook has segmented the Latin America central nervous system therapeutic market based on neurovascular diseases, cns trauma, mental health, neurodegenerative diseases, infectious diseases, cns cancer covering the revenue growth of each sub-segment from 2018 to 2028.
Neurodegenerative diseases such as Alzheimer’s disease and dementia result in significant disease burden to both patients and caregivers Latin America. Moreover, it is expected that the number of individuals living with dementia in the region will increase by fourfold by 2050.
Frontotemporal dementia is the most common type of dementia, which is mainly associated with three genes: MAPT, GRN, and C9orf72. Moreover, the region is facing increased disability due to depression, with depressive disorders being the largest cause of disability.
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Our clientele includes a mix of central nervous system therapeutic market 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America central nervous system therapeutic market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America central nervous system therapeutic market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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Latin America central nervous system therapeutic market size, by country, 2018-2028 (US$M)
Latin America Central Nervous System Therapeutic Market Outlook Share, 2020 & 2028 (US$M)
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