Latin America Gastroretentive Drug Delivery Systems Market Size & Outlook

The gastroretentive drug delivery systems market in Latin America is expected to reach a projected revenue of US$ 1,289.1 million by 2028. A compound annual growth rate of 5.9% is expected of Latin America gastroretentive drug delivery systems market from 2022 to 2028.
Revenue, 2021 (US$M)
$863.1
Forecast, 2028 (US$M)
$1,289.1
CAGR, 2022 - 2028
5.9%
Report Coverage
Latin America

Latin America gastroretentive drug delivery systems market, 2016-2028 (US$M)

Latin

Latin America gastroretentive drug delivery systems market highlights

  • The Latin America gastroretentive drug delivery systems market generated a revenue of USD 863.1 million in 2021.
  • The market is expected to grow at a CAGR of 5.9% from 2022 to 2028.
  • In terms of segment, floating drug delivery system and was the largest revenue generating type in 2021.
  • Bioadhesive Drug Delivery System is the most lucrative type segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2022 to 2028.


Latin America data book summary

Market revenue in 2021USD 863.1 million
Market revenue in 2028USD 1,289.1 million
Growth rate5.9% (CAGR from 2021 to 2028)
Largest segmentFloating drug delivery system and
Fastest growing segmentBioadhesive Drug Delivery System
Historical data covered2016 - 2020
Base year for estimation2021
Forecast period covered2022 - 2028
Quantitative unitsRevenue in USD million
Market segmentationFloating Drug Delivery System and, Expandable Drug Delivery System, Bioadhesive Drug Delivery System, High density systems
Key market players worldwideRoche Holding AG ADR, GSK PLC, Alcon Inc, Ranbaxy Laboratories, Pharmacia, Lupin, Galaxy Digital Holdings Ltd, Sun Pharma Advanced Research Company


Other key industry trends

  • In terms of revenue, Latin America region accounted for 6.8% of the global gastroretentive drug delivery systems market in 2021.
  • 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 4,620.4 million by 2028.

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Gastroretentive Drug Delivery Systems Market Companies

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Latin America gastroretentive drug delivery systems 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 gastroretentive drug delivery systems market will help companies and investors design strategic landscapes.


Floating drug delivery system and was the largest segment with a revenue share of 45.51% in 2021. Horizon Databook has segmented the Latin America gastroretentive drug delivery systems market based on floating drug delivery system and, expandable drug delivery system, bioadhesive drug delivery system, high density systems covering the revenue growth of each sub-segment from 2016 to 2028.


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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America gastroretentive drug delivery systems market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America gastroretentive drug delivery systems market from 2016 to 2028, including revenue numbers, major trends, and company profiles.

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Latin America gastroretentive drug delivery systems market size, by country, 2016-2028 (US$M)

Latin America Gastroretentive Drug Delivery Systems Market Outlook Share, 2021 & 2028 (US$M)

Latin America gastroretentive drug delivery systems market size, by country, 2016-2028 (US$M)

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