Latin America Intravenous Iron Drugs Market Size & Outlook
Latin America intravenous iron drugs market, 2018-2030 (US$M)
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Latin America intravenous iron drugs market highlights
- The Latin America intravenous iron drugs market generated a revenue of USD 88.7 million in 2023.
- The market is expected to grow at a CAGR of 12.3% from 2024 to 2030.
- In terms of segment, ferric carboxymaltose was the largest revenue generating product in 2023.
- Ferric Carboxymaltose is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 88.7 million |
| Market revenue in 2030 | USD 199.1 million |
| Growth rate | 12.3% (CAGR from 2023 to 2030) |
| Largest segment | Ferric carboxymaltose |
| Fastest growing segment | Ferric Carboxymaltose |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Iron Dextran, Iron Sucrose, Ferric Carboxymaltose |
| Key market players worldwide | AbbVie Inc, Civitas Resources Inc Ordinary Shares, Daiichi Sankyo Co Ltd, Sanofi SA, CSL Ltd, COSMOS Pharmaceutical Corp, Zydus Lifesciences, Rockwell Medical Inc |
Other key industry trends
- In terms of revenue, Latin America region accounted for 2.9% of the global intravenous iron drugs 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 819.2 million by 2030.
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Intravenous Iron Drugs Market Scope
Intravenous Iron Drugs Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America intravenous iron drugs 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 intravenous iron drugs market will help companies and investors design strategic landscapes.
Ferric carboxymaltose was the largest segment with a revenue share of 54.45% in 2023. Horizon Databook has segmented the Latin America intravenous iron drugs market based on iron dextran, iron sucrose, ferric carboxymaltose covering the revenue growth of each sub-segment from 2018 to 2030.
The Latin America market region holds immense growth opportunities. In the developing economies of Latin America, the prevalence of iron deficiency anemia is high, which has resulted in potential demand for iron drugs. Such factors are anticipated to drive the regional market over the forecast period.
Growing healthcare expenditure is another factor boosting the regional market. The major countries in the Latin American market include Brazil, Mexico, and Argentina. Latin America includes rapidly evolving economies, including Brazil and Mexico. Increasing R&D activities, coupled with rapid technological advancements in the region, are anticipated to fuel market growth.
Increasing government spending, growing investments by major pharmaceutical & biopharmaceutical companies, and presence of major academic research institutes are among the factors likely to promote market growth.
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Our clientele includes a mix of intravenous iron drugs market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America intravenous iron drugs market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America intravenous iron drugs market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America intravenous iron drugs market size, by country, 2018-2030 (US$M)
Latin America Intravenous Iron Drugs Market Outlook Share, 2023 & 2030 (US$M)
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