Latin America Healthcare Contract Manufacturing Market Size & Outlook
Latin America healthcare contract manufacturing market, 2018-2030 (US$M)
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Latin America healthcare contract manufacturing market highlights
- The Latin America healthcare contract manufacturing market generated a revenue of USD 21,602.4 million in 2023.
- The market is expected to grow at a CAGR of 8.9% from 2024 to 2030.
- In terms of segment, medical devices was the largest revenue generating type in 2023.
- Medical Devices 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 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 21,602.4 million |
| Market revenue in 2030 | USD 39,228.8 million |
| Growth rate | 8.9% (CAGR from 2023 to 2030) |
| Largest segment | Medical devices |
| Fastest growing segment | Medical Devices |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Medical Devices, Pharmaceutical |
| Key market players worldwide | Nordson Corp, Integer Holdings Corp, Jabil Inc, Viant Technology Inc Ordinary Shares - Class A, Flex Ltd, Celestica Inc Ordinary Shares (Subordinate Voting), Sanmina Corp, Plexus Corp, Molex, West Pharmaceutical Services Inc, Catalent Inc, Thermo Fisher Scientific Inc, Recipharm, Boehringer Ingelheim, Lonza Group Ltd, Samsung BioLogics, Wuxi AppTec Co Ltd, FUJIFILM Holdings Corp, Cambrex |
Other key industry trends
- In terms of revenue, Latin America region accounted for 8.7% of the global healthcare contract manufacturing market 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 135,629.9 million by 2030.
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Healthcare Contract Manufacturing Market Scope
Healthcare Contract Manufacturing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America healthcare contract manufacturing 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 healthcare contract manufacturing market will help companies and investors design strategic landscapes.
Medical devices was the largest segment with a revenue share of 51.51% in 2023. Horizon Databook has segmented the Latin America healthcare contract manufacturing market based on medical devices, pharmaceutical covering the revenue growth of each sub-segment from 2018 to 2030.
Latin America is situated in close proximity to North America, which helps reduce supply chain concerns, thereby boosting the market growth in the region. Presence of supportive regulatory framework and increasing foreign collaborations are anticipated to further drive the market growth.
The region is anticipated to show a lucrative growth owing to cost-effectiveness and rise in number of new entrants venturing into the medical device market within the region.
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Target buyers of Latin America healthcare contract manufacturing market databook
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Our clientele includes a mix of healthcare contract manufacturing market companies, investment firms, advisory firms & academic institutions.
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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 healthcare contract manufacturing market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America healthcare contract manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America healthcare contract manufacturing market size, by country, 2018-2030 (US$M)
Latin America Healthcare Contract Manufacturing Market Outlook Share, 2023 & 2030 (US$M)
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