Latin America Nasal Drug Delivery Technology Market Size & Outlook

The nasal drug delivery technology market in Latin America is expected to reach a projected revenue of US$ 10,970.3 million by 2030. A compound annual growth rate of 7.1% is expected of Latin America nasal drug delivery technology market from 2024 to 2030.
Revenue, 2023 (US$M)
$6,774.1
Forecast, 2030 (US$M)
$10,970.3
CAGR, 2024 - 2030
7.1%
Report Coverage
Latin America

Latin America nasal drug delivery technology market, 2018-2030 (US$M)

Latin

Latin America nasal drug delivery technology market highlights

  • The Latin America nasal drug delivery technology market generated a revenue of USD 6,774.1 million in 2023.
  • The market is expected to grow at a CAGR of 7.1% from 2024 to 2030.
  • In terms of segment, nasal sprays was the largest revenue generating dosage form in 2023.
  • Nasal Drops is the most lucrative dosage form 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 2023USD 6,774.1 million
Market revenue in 2030USD 10,970.3 million
Growth rate7.1% (CAGR from 2023 to 2030)
Largest segmentNasal sprays
Fastest growing segmentNasal Drops
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationNasal Sprays, Nasal Drops, Nasal Gels, Nasal Powders
Key market players worldwideAstraZeneca PLC, Pfizer Inc, OptiNose Inc, Becton Dickinson & Co, Dr Reddy's Laboratories Ltd ADR, GlaxoSmithKline, B.F. Ascher & Company, Pendopharm, Douglas Pharmaceuticals, ENT Technologies, Naveh Pharma

Other key industry trends

  • In terms of revenue, Latin America region accounted for 8.8% of the global nasal drug delivery technology market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • North America is the fastest growing regional market and is projected to reach USD 45,686.1 million by 2030.

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Nasal Drug Delivery Technology Market Companies

Name Profile # Employees HQ Website

Latin America nasal drug delivery technology 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 nasal drug delivery technology market will help companies and investors design strategic landscapes.


Nasal sprays was the largest segment with a revenue share of 39.19% in 2023. Horizon Databook has segmented the Latin America nasal drug delivery technology market based on nasal sprays, nasal drops, nasal gels, nasal powders covering the revenue growth of each sub-segment from 2018 to 2030.


  • Latin America Nasal Drug Delivery Technology Dosage Form Outlook (Revenue, USD Million, 2018-2030)
    • Nasal Sprays
    • Nasal Drops
    • Nasal Gels
    • Nasal Powders
  • Latin America Nasal Drug Delivery Technology Container Type Outlook (Revenue, USD Million, 2018-2030)
    • Pressurized Containers
    • Non-pressurized containers
  • Latin America Nasal Drug Delivery Technology Application Outlook (Revenue, USD Million, 2018-2030)
    • Nasal Congestion
    • Rhinitis
    • Asthma
    • Others

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  • Our clientele includes a mix of nasal drug delivery technology 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 nasal drug delivery technology market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America nasal drug delivery technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America nasal drug delivery technology market size, by country, 2018-2030 (US$M)

Latin America Nasal Drug Delivery Technology Market Outlook Share, 2023 & 2030 (US$M)

Latin America nasal drug delivery technology market size, by country, 2018-2030 (US$M)

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