Latin America Intravenous Solutions Market Size & Outlook
Latin America intravenous solutions market, 2018-2030 (US$M)
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Latin America intravenous solutions market highlights
- The Latin America intravenous solutions market generated a revenue of USD 569.7 million in 2023.
- The market is expected to grow at a CAGR of 7.2% from 2024 to 2030.
- In terms of segment, total parenteral nutrition was the largest revenue generating product in 2023.
- Total Parenteral Nutrition is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 569.7 million |
| Market revenue in 2030 | USD 924.7 million |
| Growth rate | 7.2% (CAGR from 2023 to 2030) |
| Largest segment | Total parenteral nutrition |
| Fastest growing segment | Total Parenteral Nutrition |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Total Parenteral Nutrition, Peripheral Parenteral Nutrition |
| Key market players worldwide | Fresenius SE & Co KGaA, Fresenius Kabi, Pfizer Inc, Otsuka Pharmaceutical, Baxter International Inc, B. Braun, JW Life Sciences, CSL Ltd |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.4% of the global intravenous solutions 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 5,195.9 million by 2030.
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Intravenous Solutions Market Scope
Intravenous Solutions Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America intravenous solutions 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 solutions market will help companies and investors design strategic landscapes.
Total parenteral nutrition was the largest segment with a revenue share of 66% in 2023. Horizon Databook has segmented the Latin America intravenous solutions market based on total parenteral nutrition, peripheral parenteral nutrition covering the revenue growth of each sub-segment from 2018 to 2030.
The healthcare industry in this region is not well-developed. However, constant efforts are being undertaken to improve healthcare access and treatments. The rising geriatric population and increasing prevalence of chronic diseases are among the key factors driving the market.
The incidence of disease-related malnutrition has also been increasing in this region. Brazil majorly drives the Latin American economy. Moreover, the life expectancy in this region is reported to be over 75 years. These countries have strong research relations with China and Europe, which drives innovation and novel IV product launches.
Increasing per capita health spending, growing government spending, and increasing initiatives by WHO & government are expected to boost market growth in Latin America. The market in Latin America is expected to exhibit lucrative growth over the forecast period.
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Our clientele includes a mix of intravenous solutions 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 intravenous solutions market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America intravenous solutions market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America intravenous solutions market size, by country, 2018-2030 (US$M)
Latin America Intravenous Solutions Market Outlook Share, 2023 & 2030 (US$M)
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