Latin America Nanomedicine Market Size & Outlook
Latin America nanomedicine market, 2018-2030 (US$M)
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Latin America nanomedicine market highlights
- The Latin America nanomedicine market generated a revenue of USD 9,759.7 million in 2023.
- The market is expected to grow at a CAGR of 7.7% 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.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 9,759.7 million |
| Market revenue in 2030 | USD 16,422.2 million |
| Growth rate | 7.7% (CAGR from 2023 to 2030) |
| Largest segment | Drug delivery |
| Fastest growing segment | Therapeutics |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Latin America region accounted for 5.1% of the global nanomedicine 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 77,747.1 million by 2030.
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Nanomedicine Market Scope
Nanomedicine Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America 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 34.16% in 2023. Horizon Databook has segmented the Latin America 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.
Latin American countries hold considerable growth prospects with regard to nanomedicine market. International collaborations are expected to be the major drivers for the progress of nanomedicine market in this region.
In October 2016, Europe and Latin America Cooperation for Nanotechnology formed a project “Nanosciences, Nanotechnologies, Materials and New Production Technologies Deployment in Latin American Countries (NMP-DeLA) Project” to enhance the implementation of nanotechnology in Latin America.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America nanomedicine market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America nanomedicine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America nanomedicine market size, by country, 2018-2030 (US$M)
Latin America Nanomedicine Market Outlook Share, 2023 & 2030 (US$M)
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