Latin America Inhalation Anesthesia Market Size & Outlook
Latin America inhalation anesthesia market, 2018-2030 (US$M)
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Latin America inhalation anesthesia market highlights
- The Latin America inhalation anesthesia market generated a revenue of USD 74.5 million in 2022.
- The market is expected to grow at a CAGR of 9.6% from 2023 to 2030.
- In terms of segment, sevoflurane was the largest revenue generating drug in 2022.
- Isoflurane is the most lucrative drug segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 74.5 million |
| Market revenue in 2030 | USD 155.2 million |
| Growth rate | 9.6% (CAGR from 2022 to 2030) |
| Largest segment | Sevoflurane |
| Fastest growing segment | Isoflurane |
| Historical data covered | 2016 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sevoflurane, Desflurane, Isoflurane, Halothane |
| Key market players worldwide | Baxter International Inc, AbbVie Inc, Fresenius SE & Co KGaA, Sandoz Group AG ADR, Piramal Enterprises, Halocarbon Products Corporation, Lunan Pharmaceutical Group |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.1% of the global inhalation anesthesia market in 2022.
- 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 411.1 million by 2030.
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Inhalation Anesthesia Market Scope
Inhalation Anesthesia Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America inhalation anesthesia 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 inhalation anesthesia market will help companies and investors design strategic landscapes.
Sevoflurane was the largest segment with a revenue share of 63.76% in 2024. Horizon Databook has segmented the Latin America inhalation anesthesia market based on sevoflurane, desflurane, isoflurane, halothane covering the revenue growth of each sub-segment from 2018 to 2030.
The European Union's decision to ban desflurane starting January 2026 will have significant implications for Latin America, particularly regarding the availability and usage of inhalation anesthetics in the region.
As desflurane is phased out in Europe, manufacturers may prioritize the production and distribution of other anesthetic agents, such as sevoflurane and isoflurane, which could lead to increased availability of these alternatives in Latin American markets.
This shift may encourage healthcare providers in Latin America to adopt these safer, lower-emission anesthetics, aligning with global trends toward more sustainable medical practices. However, the transition might be complicated by existing supply chain dynamics.
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Target buyers of Latin America inhalation anesthesia market databook
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Our clientele includes a mix of inhalation anesthesia market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America inhalation anesthesia market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America inhalation anesthesia market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America inhalation anesthesia market size, by country, 2018-2030 (US$M)
Latin America Inhalation Anesthesia Market Outlook Share, 2024 & 2030 (US$M)
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