Latin America Ophthalmic Clinical Trials Market Size & Outlook

The ophthalmic clinical trials market in Latin America is expected to reach a projected revenue of US$ 147.6 million by 2030. A compound annual growth rate of 7% is expected of Latin America ophthalmic clinical trials market from 2024 to 2030.
Revenue, 2023 (US$M)
$91.9
Forecast, 2030 (US$M)
$147.6
CAGR, 2024 - 2030
7%
Report Coverage
Latin America

Latin America ophthalmic clinical trials market, 2018-2030 (US$M)

Latin

Latin America ophthalmic clinical trials market highlights

  • The Latin America ophthalmic clinical trials market generated a revenue of USD 91.9 million in 2023.
  • The market is expected to grow at a CAGR of 7% from 2024 to 2030.
  • In terms of segment, drugs was the largest revenue generating product in 2023.
  • Drugs 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 2023USD 91.9 million
Market revenue in 2030USD 147.6 million
Growth rate7% (CAGR from 2023 to 2030)
Largest segmentDrugs
Fastest growing segmentDrugs
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDrugs, Devices
Key market players worldwideCharles River Laboratories International Inc, Icon PLC, IQVIA Holdings Inc, Labcorp Holdings Inc, Medpace Holdings Inc, Vial, ProTrials Research, Syneos Health, Worldwide Clinical Trials, ProRelix Research

Other key industry trends

  • In terms of revenue, Latin America region accounted for 5.6% of the global ophthalmic clinical trials 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 516.7 million by 2030.

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Ophthalmic Clinical Trials Market Companies

Name Profile # Employees HQ Website

Latin America ophthalmic clinical trials 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 ophthalmic clinical trials market will help companies and investors design strategic landscapes.


Drugs was the largest segment with a revenue share of 75.63% in 2023. Horizon Databook has segmented the Latin America ophthalmic clinical trials market based on drugs, devices covering the revenue growth of each sub-segment from 2018 to 2030.


  • Latin America Ophthalmic Clinical Trials Product Outlook (Revenue, USD Million, 2018-2030)
    • Drugs
      • OTC Drugs
      • Prescription Drugs
    • Devices
      • Surgical & Diagnostics Devices
      • Vision care Devices
  • Latin America Ophthalmic Clinical Trials Indications Outlook (Revenue, USD Million, 2018-2030)
    • Macular Degeneration
    • Glaucoma
    • Dry Eye Disease
    • Retinopathy
    • Uveitis
    • Macular Edema
    • Blepharitis
    • Cataract
    • Optic Neuropathy
    • Others
  • Latin America Ophthalmic Clinical Trials Phase Outlook (Revenue, USD Million, 2018-2030)
    • Discovery Phase
    • Preclinical Phase
    • Clinical Phase
  • Latin America Ophthalmic Clinical Trials Sponsor Type Outlook (Revenue, USD Million, 2018-2030)
    • Pharmaceutical/Biopharmaceutical Companies
    • Medical Device Companies
    • Others

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Target buyers of Latin America ophthalmic clinical trials market databook

  • Our clientele includes a mix of ophthalmic clinical trials market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America ophthalmic clinical trials market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America ophthalmic clinical trials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America ophthalmic clinical trials market outlook size, by country, 2018-2030 (US$M)

Latin America Ophthalmic Clinical Trials Market Outlook Share, 2023 & 2030 (US$M)

Latin America ophthalmic clinical trials market outlook size, by country, 2018-2030 (US$M)

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