Argentina Generic Pharmaceuticals Market Size & Outlook

The generic pharmaceuticals market in Argentina is expected to reach a projected revenue of US$ 2.4 million by 2028. A compound annual growth rate of 6.6% is expected of Argentina generic pharmaceuticals market from 2021 to 2028.
Revenue, 2020 (US$M)
$1.4
Forecast, 2028 (US$M)
$2.4
CAGR, 2021 - 2028
7%
Report Coverage
Argentina

Argentina generic pharmaceuticals market highlights

  • The Argentina generic pharmaceuticals market generated a revenue of USD 1.4 million in 2020 and is expected to reach USD 2.4 million by 2028.
  • The Argentina market is expected to grow at a CAGR of 6.6% from 2021 to 2028.
  • In terms of segment, simple generic was the largest revenue generating type in 2020.
  • Biosimilars is the most lucrative type segment registering the fastest growth during the forecast period.


Generic pharmaceuticals market data book summary

Market revenue in 2020USD 1.4 million
Market revenue in 2028USD 2.4 million
Growth rate6.6% (CAGR from 2020 to 2028)
Largest segmentSimple generic
Fastest growing segmentBiosimilars
Historical data2018 - 2019
Base year2020
Forecast period2021 - 2028
Quantitative unitsRevenue in USD million
Market segmentationSimple Generic, Specialty Generics, Biosimilars
Key market players worldwideTeva Pharmaceutical Industries Ltd, Viatris Inc, Novartis AG ADR, Sun Pharmaceutical Industries, Lupin, AbbVie Inc, AstraZeneca PLC, Sawai Group Holdings Co Ltd, Hikma Pharmaceuticals PLC, Dr Reddy's Laboratories Ltd ADR, Cipla Ltd DR, Sanofi SA, Aurobindo Pharma, Endo Pharmaceuticals


Other key industry trends

  • In terms of revenue, Argentina accounted for 0.5% of the global generic pharmaceuticals market in 2020.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
  • In Latin America, Brazil generic pharmaceuticals market is projected to lead the regional market in terms of revenue in 2028.
  • Brazil is the fastest growing regional market in Latin America and is projected to reach USD 12.7 million by 2028.

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Generic Pharmaceuticals Market Companies

Name Profile # Employees HQ Website

Argentina generic pharmaceuticals 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 generic pharmaceuticals market will help companies and investors design strategic landscapes.


Simple generic was the largest segment with a revenue share of 78.57% in 2020. Horizon Databook has segmented the Argentina generic pharmaceuticals market based on simple generic, specialty generics, biosimilars covering the revenue growth of each sub-segment from 2018 to 2028.


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Target buyers of Argentina generic pharmaceuticals market databook

  • Our clientele includes a mix of generic pharmaceuticals market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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 generic pharmaceuticals market , including forecasts for subscribers. This country databook contains high-level insights into Argentina generic pharmaceuticals market from 2018 to 2028, including revenue numbers, major trends, and company profiles.

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Argentina generic pharmaceuticals market size, by type, 2018-2028 (US$M)

Argentina Generic Pharmaceuticals Market Outlook Share, 2020 & 2028 (US$M)

Argentina generic pharmaceuticals market size, by type, 2018-2028 (US$M)

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