Latin America Hyaluronidase Market Size & Outlook

The hyaluronidase market in Latin America is expected to reach a projected revenue of US$ 173.6 million by 2030. A compound annual growth rate of 8.1% is expected of Latin America hyaluronidase market from 2024 to 2030.
Revenue, 2023 (US$M)
$100.9
Forecast, 2030 (US$M)
$173.6
CAGR, 2024 - 2030
8.1%
Report Coverage
Latin America

Latin America hyaluronidase market, 2018-2030 (US$M)

Latin

Latin America hyaluronidase market highlights

  • The Latin America hyaluronidase market generated a revenue of USD 100.9 million in 2023.
  • The market is expected to grow at a CAGR of 8.1% from 2024 to 2030.
  • In terms of segment, animal-derived hyaluronidase was the largest revenue generating type in 2023.
  • Animal-derived Hyaluronidase is the most lucrative type segment registering the fastest growth during the forecast period.


Latin America data book summary

Market revenue in 2023USD 100.9 million
Market revenue in 2030USD 173.6 million
Growth rate8.1% (CAGR from 2023 to 2030)
Largest segmentAnimal-derived hyaluronidase
Fastest growing segmentAnimal-derived Hyaluronidase
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAnimal-derived Hyaluronidase
Key market players worldwideBausch & Lomb Corp, The Cooper Companies Inc, Sun Pharmaceutical Industries, STEMCELL Technologies, Amphastar Pharmaceuticals Inc, Prima Pharm, Halozyme Therapeutics, Shreya Life Sciences


Other key industry trends

  • In terms of revenue, Latin America region accounted for 10.2% of the global hyaluronidase 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 382.0 million by 2030.

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Hyaluronidase Market Scope

Hyaluronidase market segmentation & scope
Animal-derived Hyaluronidase
Synthetic Hyaluronidase
Application
Dermatology
Chemotherapy
Ophthalmology
Plastic Surgery
Others
Countries
U.S.
Canada
Germany
France
Italy
Spain
Denmark
Sweden
Norway
Japan
China
India
Australia
South Korea
Thailand
Mexico
Brazil
South Africa
Saudi Arabia
UK
Argentina
UAE
Kuwait

Hyaluronidase Market Companies

Name Profile # Employees HQ Website

Latin America hyaluronidase 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 hyaluronidase market will help companies and investors design strategic landscapes.


Animal-derived hyaluronidase was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Latin America hyaluronidase market based on animal-derived hyaluronidase covering the revenue growth of each sub-segment from 2018 to 2030.


Hyaluronidase for injectable applications in most Latin American countries is commonly obtained from compounding pharmacies and is not approved by the regulatory body. Moreover, hyaluronidase products that are available in a few countries in this region are not specifically approved for hyaluronic acid fillers.

For instance, Hyaluronidase 2.000U-Biometil, provided by the Biomethyl Quality Manipulation Laboratory, is widely used in Brazil to reduce the complications caused by hyaluronic acid for face valorization.

However, increasing adoption of minimally invasive cosmetic procedures in Latin America is expected to boost the demand for and adoption of hyaluronidase to overcome the adverse effects of hyaluronic acid injections. This, in turn, is likely to create lucrative opportunities for the hyaluronidase players in this region.

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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America hyaluronidase market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America hyaluronidase market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America hyaluronidase market

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