Chile High Potency Active Pharmaceutical Ingredients Market Size & Outlook
Chile high potency active pharmaceutical ingredients market, 2018-2030 (US$M)
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Chile high potency active pharmaceutical ingredients market highlights
- The Chile high potency active pharmaceutical ingredients market generated a revenue of USD 80.2 million in 2023 and is expected to reach USD 124.9 million by 2030.
- The Chile market is expected to grow at a CAGR of 6.5% from 2024 to 2030.
- In terms of segment, synthetic was the largest revenue generating product in 2023.
- Biotech is the most lucrative product segment registering the fastest growth during the forecast period.
High potency active pharmaceutical ingredients market data book summary
| Market revenue in 2023 | USD 80.2 million |
| Market revenue in 2030 | USD 124.9 million |
| Growth rate | 6.5% (CAGR from 2023 to 2030) |
| Largest segment | Synthetic |
| Fastest growing segment | Biotech |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Synthetic, Biotech |
| Key market players worldwide | Basf SE, CordenPharma, Bristol-Myers Squibb Co, Pfizer Inc, Boehringer Ingelheim Pharma, Dr. Reddy’s Laboratories, Sun Pharmaceutical Industries, Albany Molecular Research, Sanofi SA, Lonza Group Ltd, Cipla Ltd DR, Merck & Co Inc, Teva Pharmaceutical Industries Ltd, Novartis AG ADR, Roche Holding AG |
Other key industry trends
- In terms of revenue, Chile accounted for 0.3% of the global high potency active pharmaceutical ingredients market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil high potency active pharmaceutical ingredients market is projected to lead the regional market in terms of revenue in 2030.
- Colombia is the fastest growing regional market in Latin America and is projected to reach USD 176.5 million by 2030.
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High Potency Active Pharmaceutical Ingredients Market Scope
High Potency Active Pharmaceutical Ingredients Market Companies
| Name | Profile | # Employees | HQ | Website |
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Chile high potency active pharmaceutical ingredients 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 high potency active pharmaceutical ingredients market will help companies and investors design strategic landscapes.
Synthetic was the largest segment with a revenue share of 73.69% in 2023. Horizon Databook has segmented the Chile high potency active pharmaceutical ingredients market based on synthetic, biotech covering the revenue growth of each sub-segment from 2018 to 2030.
According to World Bank, in 2017, Chile spent approximately 8.98% of its GDP on healthcare. It holds a strong network of healthcare systems in major cities. Cancer is growing at an alarming rate in the country. According to the Ministry of Health, there are over 45,000 new cases of cancer every year in Chile.
It is the second-leading cause of death, which is anticipated to boost the demand for anti-cancer drugs in the country. In addition, as per Chamber of Pharmaceutical Innovation (CIF) research in 2018, Chile secured top rank in Latin American region for biopharmaceutical investments. Being an R&D hub of Latin America, Chile high potency active pharmaceutical ingredients market is anticipated to grow over the forecast period.
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Our clientele includes a mix of high potency active pharmaceutical ingredients market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Chile high potency active pharmaceutical ingredients market , including forecasts for subscribers. This country databook contains high-level insights into Chile high potency active pharmaceutical ingredients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Chile high potency active pharmaceutical ingredients market size, by product, 2018-2030 (US$M)
Chile High Potency Active Pharmaceutical Ingredients Market Outlook Share, 2023 & 2030 (US$M)
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