Latin America Human Growth Hormone Market Size & Outlook
The human growth hormone market in Latin America is expected to reach a projected revenue of US$ 778.2 million by 2030. A compound annual growth rate of 12.7% is expected of Latin America human growth hormone market from 2024 to 2030.
Revenue, 2023 (US$M)
$337.1
Forecast, 2030 (US$M)
$778.2
CAGR, 2024 - 2030
12.7%
Report Coverage
Latin America
Latin America human growth hormone market, 2018-2030 (US$M)
Related Markets
Latin America human growth hormone market highlights
- The Latin America human growth hormone market generated a revenue of USD 337.1 million in 2023.
- The market is expected to grow at a CAGR of 12.7% from 2024 to 2030.
- In terms of segment, growth hormone deficiency was the largest revenue generating application in 2023.
- Small for Gestational Age is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 337.1 million |
| Market revenue in 2030 | USD 778.2 million |
| Growth rate | 12.7% (CAGR from 2023 to 2030) |
| Largest segment | Growth hormone deficiency |
| Fastest growing segment | Small for Gestational Age |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Turner Syndrome, Idiopathic Short Stature, Prader-Willi Syndrome, Small for Gestational Age, Other Applications, Growth Hormone Deficiency |
| Key market players worldwide | Novo Nordisk A/S ADR, Eli Lilly and Co, Pfizer Inc, Sandoz Group AG ADR, Roche, Ferring, Ipsen SA, Teva Pharmaceutical Industries Ltd |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.3% of the global human growth hormone 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 2,726.0 million by 2030.
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Human Growth Hormone Market Scope
Human growth hormone market segmentation & scope
Human Growth Hormone Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America human growth hormone market size, by country, 2018-2030 (US$M)
Latin America Human Growth Hormone Market Outlook Share, 2023 & 2030 (US$M)
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