Latin America Hydrogel-based Drug Delivery System Market Size & Outlook

The hydrogel-based drug delivery system market in Latin America is expected to reach a projected revenue of US$ 499.2 million by 2028. A compound annual growth rate of 7.9% is expected of Latin America hydrogel-based drug delivery system market from 2022 to 2028.
Revenue, 2021 (US$M)
$293.2
Forecast, 2028 (US$M)
$499.2
CAGR, 2022 - 2028
7.9%
Report Coverage
Latin America

Latin America hydrogel-based drug delivery system market, 2016-2028 (US$M)

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Latin America hydrogel-based drug delivery system market highlights

  • The Latin America hydrogel-based drug delivery system market generated a revenue of USD 293.2 million in 2021.
  • The market is expected to grow at a CAGR of 7.9% from 2022 to 2028.
  • In terms of segment, synthetic was the largest revenue generating polymer origin in 2021.
  • Synthetic is the most lucrative polymer origin segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2022 to 2028.


Latin America data book summary

Market revenue in 2021USD 293.2 million
Market revenue in 2028USD 499.2 million
Growth rate7.9% (CAGR from 2021 to 2028)
Largest segmentSynthetic
Fastest growing segmentSynthetic
Historical data covered2016 - 2020
Base year for estimation2021
Forecast period covered2022 - 2028
Quantitative unitsRevenue in USD million
Market segmentationNatural, Synthetic, Hybrid
Key market players worldwideGalderma Group AG Registered Shares, Johnson & Johnson, Bausch & Lomb Corp, Medtronic PLC, Ocular Therapeutix Inc, Fresenius SE & Co KGaA, Blairex Laboratories, Ferring, Endo Pharmaceuticals, TOLMAR


Other key industry trends

  • In terms of revenue, Latin America region accounted for 4.6% of the global hydrogel-based drug delivery system market in 2021.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2028.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 2,247.4 million by 2028.

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Hydrogel-based Drug Delivery System Market Companies

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Latin America hydrogel-based drug delivery system 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 hydrogel-based drug delivery system market will help companies and investors design strategic landscapes.


Synthetic was the largest segment with a revenue share of 56.17% in 2021. Horizon Databook has segmented the Latin America hydrogel-based drug delivery system market based on natural, synthetic, hybrid covering the revenue growth of each sub-segment from 2016 to 2028.


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  • Our clientele includes a mix of hydrogel-based drug delivery system market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America hydrogel-based drug delivery system market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America hydrogel-based drug delivery system market from 2016 to 2028, including revenue numbers, major trends, and company profiles.

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Latin America hydrogel based drug delivery system market size, by country, 2016-2028 (US$M)

Latin America Hydrogel-based Drug Delivery System Market Outlook Share, 2021 & 2028 (US$M)

Latin America hydrogel based drug delivery system market size, by country, 2016-2028 (US$M)

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