Latin America Connected Drug Delivery Devices Market Size & Outlook

The connected drug delivery devices market in Latin America is expected to reach a projected revenue of US$ 2,529.8 million by 2030. A compound annual growth rate of 23.5% is expected of Latin America connected drug delivery devices market from 2023 to 2030.
Revenue, 2022 (US$M)
$466.4
Forecast, 2030 (US$M)
$2,529.8
CAGR, 2023 - 2030
23.5%
Report Coverage
Latin America

Latin America connected drug delivery devices market highlights

  • The Latin America connected drug delivery devices market generated a revenue of USD 466.4 million in 2022.
  • The market is expected to grow at a CAGR of 23.5% from 2023 to 2030.
  • In terms of segment, parenteral was the largest revenue generating route of administration in 2022.
  • Inhalational is the most lucrative route of administration segment registering the fastest growth during the forecast period.
  • Country-wise, Mexico is expected to register the highest CAGR from 2023 to 2030.


Latin America data book summary

Market revenue in 2022USD 466.4 million
Market revenue in 2030USD 2,529.8 million
Growth rate23.5% (CAGR from 2022 to 2030)
Largest segmentParenteral
Fastest growing segmentInhalational
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationInhalational, Parenteral
Key market players worldwideTeva Pharmaceutical Industries Ltd, Novo Nordisk A/S ADR, Medtronic PLC, Adherium Ltd, Tandem Diabetes Care Inc, Propeller Health, Ypsomed Holding AG, AptarGroup Inc


Other key industry trends

  • In terms of revenue, Latin America region accounted for 9.6% of the global connected drug delivery devices market in 2022.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • MEA is the fastest growing regional market and is projected to reach USD 971.4 million by 2030.

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Connected Drug Delivery Devices Market Scope

Connected drug delivery devices market segmentation & scope
Inhalational
Parenteral
Standalone Components & Software
Integrated Devices
Asthma
COPD
Diabetes Management
Other Applications

Connected Drug Delivery Devices Market Companies

Name Profile # Employees HQ Website

Latin America connected drug delivery devices 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 connected drug delivery devices market will help companies and investors design strategic landscapes.


Parenteral was the largest segment with a revenue share of 56.17% in 2022. Horizon Databook has segmented the Latin America connected drug delivery devices market based on inhalational, parenteral covering the revenue growth of each sub-segment from 2018 to 2030.


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  • Our clientele includes a mix of connected drug delivery devices market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America connected drug delivery devices market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America connected drug delivery devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America connected drug delivery devices market size, by country, 2018-2030 (US$M)

Latin America Connected Drug Delivery Devices Market Share, 2022 & 2030 (US$M)

Latin America connected drug delivery devices market size, by country, 2018-2030 (US$M)

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