Latin America Myasthenia Gravis Treatment Market Size & Outlook
Latin America myasthenia gravis treatment market, 2018-2032 (US$M)
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Latin America myasthenia gravis treatment market highlights
- The Latin America myasthenia gravis treatment market generated a revenue of USD 21.4 million in 2021.
- The market is expected to grow at a CAGR of 17.5% from 2022 to 2032.
- In terms of segment, chronic immunomodulators was the largest revenue generating treatment type in 2021.
- Monoclonal Antibodies is the most lucrative treatment type segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2022 to 2032.
Latin America data book summary
| Market revenue in 2021 | USD 21.4 million |
| Market revenue in 2032 | USD 125.9 million |
| Growth rate | 17.5% (CAGR from 2021 to 2032) |
| Largest segment | Chronic immunomodulators |
| Fastest growing segment | Monoclonal Antibodies |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2032 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cholinesterase Inhibitors, Chronic Immunomodulators, Monoclonal Antibodies, Rapid Immunotherapies, Thymectomy |
| Key market players worldwide | AstraZeneca PLC, Grifols SA Ordinary Shares - Class A, Avadel Pharmaceuticals PLC, Novartis AG ADR, Pfizer Inc, AbbVie Inc, Roche Holding AG, GlaxoSmithKline, Bausch Health Companies Inc, Takeda Pharmaceutical Co Ltd |
Other key industry trends
- In terms of revenue, Latin America region accounted for 1.2% of the global myasthenia gravis treatment market in 2021.
- Globally, North America is projected to lead the regional market in terms of revenue in 2032.
- MEA is the fastest growing regional market and is projected to reach USD 79.4 million by 2032.
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Myasthenia Gravis Treatment Market Scope
Myasthenia Gravis Treatment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America myasthenia gravis treatment 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 myasthenia gravis treatment market will help companies and investors design strategic landscapes.
Chronic immunomodulators was the largest segment with a revenue share of 31.31% in 2021. Horizon Databook has segmented the Latin America myasthenia gravis treatment market based on cholinesterase inhibitors, chronic immunomodulators, monoclonal antibodies, rapid immunotherapies, thymectomy covering the revenue growth of each sub-segment from 2018 to 2032.
The market growth in Latin America can be attributed to increasing public-private initiatives to raise awareness about early diagnosis and treatment of MG in key countries, such as Brazil & Mexico. Brazil dominates this region in terms of market size.
This dominance can be attributed to presence of a large target population and continuous government initiatives to facilitate early diagnosis & treatment of MG.
However, low affordability and adoption of novel treatment therapies in underdeveloped economies of the region are expected to hinder market growth during the forecast period.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America myasthenia gravis treatment market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America myasthenia gravis treatment market from 2018 to 2032, including revenue numbers, major trends, and company profiles.
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Latin America myasthenia gravis treatment market size, by country, 2018-2032 (US$M)
Latin America Myasthenia Gravis Treatment Market Outlook Share, 2021 & 2032 (US$M)
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