Brazil Nanomedicine Market Size & Outlook, 2023-2030
Brazil nanomedicine market, 2018-2030 (US$M)
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Brazil nanomedicine market highlights
- The Brazil nanomedicine market generated a revenue of USD 4,596.2 million in 2023 and is expected to reach USD 8,410.4 million by 2030.
- The Brazil market is expected to grow at a CAGR of 9% from 2024 to 2030.
- In terms of segment, drug delivery was the largest revenue generating application in 2023.
- Therapeutics is the most lucrative application segment registering the fastest growth during the forecast period.
Nanomedicine market data book summary
| Market revenue in 2023 | USD 4,596.2 million |
| Market revenue in 2030 | USD 8,410.4 million |
| Growth rate | 9% (CAGR from 2023 to 2030) |
| Largest segment | Drug delivery |
| Fastest growing segment | Therapeutics |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Drug Delivery, Therapeutics, In-vitro Diagnostics, Implants, In-vivo Imaging |
| Key market players worldwide | Abbott Laboratories, Invitae Corp, Celgene, GE HealthCare Technologies Inc Common Stock, Johnson & Johnson, Mallinckrodt PLC Ordinary Shares - New, Merck & Co Inc, Pfizer Inc, Teva Pharmaceutical Industries Ltd, Arrowhead Pharmaceuticals Inc |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.4% of the global nanomedicine market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil nanomedicine market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 8,410.4 million by 2030.
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Nanomedicine Market Scope
Nanomedicine Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil nanomedicine 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 nanomedicine market will help companies and investors design strategic landscapes.
Drug delivery was the largest segment with a revenue share of 34.19% in 2023. Horizon Databook has segmented the Brazil nanomedicine market based on drug delivery, therapeutics, in-vitro diagnostics, implants, in-vivo imaging covering the revenue growth of each sub-segment from 2018 to 2030.
Brazilian market is expected to witness considerable growth owing to the improving GDP growth of Brazil coupled with untapped opportunities present in the country. Within Latin American countries, Brazil is at the forefront of nanotechnology R&D.
Public funding has facilitated technological research conducted by research bodies and universities in the country. Furthermore, the Brazilian Intellectual Property Institute (INPI) reported a constant growth in number of patents in this field of nanotechnologies.
As per research carried out by the University of Sergipe, 69 nanotechnology patents were obtained between the tenure of 1993- 2015, out of which 23% were filed public research centers and universities, 57% by private companies, and 20% by individual inventors.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil nanomedicine market , including forecasts for subscribers. This country databook contains high-level insights into Brazil nanomedicine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil nanomedicine market size, by application, 2018-2030 (US$M)
Brazil Nanomedicine Market Outlook Share, 2023 & 2030 (US$M)
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