Latin America Ophthalmic Eye Droppers Market Size & Outlook
Latin America ophthalmic eye droppers market, 2018-2030 (US$M)
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Latin America ophthalmic eye droppers market highlights
- The Latin America ophthalmic eye droppers market generated a revenue of USD 1,075.8 million in 2023.
- The market is expected to grow at a CAGR of 4.4% from 2024 to 2030.
- In terms of segment, preserved multi-dose eye droppers was the largest revenue generating type in 2023.
- Preserved multi-dose eye droppers is the most lucrative type 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 1,075.8 million |
| Market revenue in 2030 | USD 1,454.9 million |
| Growth rate | 4.4% (CAGR from 2023 to 2030) |
| Largest segment | Preserved multi-dose eye droppers |
| Fastest growing segment | Preserved multi-dose eye droppers |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Unidose eye droppers, Preserved multi-dose eye droppers, Preservative-free multi-dose eye droppers |
| Key market players worldwide | AptarGroup Inc, Silgan Holdings Inc, Alcon Inc, Pfizer Inc, Bausch & Lomb Corp, Novartis AG ADR, AbbVie Inc |
Other key industry trends
- In terms of revenue, Latin America region accounted for 8.0% of the global ophthalmic eye droppers 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 3,015.6 million by 2030.
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Ophthalmic Eye Droppers Market Scope
Ophthalmic Eye Droppers Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America ophthalmic eye droppers 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 eye droppers market will help companies and investors design strategic landscapes.
Preserved multi-dose eye droppers was the largest segment with a revenue share of 49.55% in 2023. Horizon Databook has segmented the Latin America ophthalmic eye droppers market based on unidose eye droppers, preserved multi-dose eye droppers, preservative-free multi-dose eye droppers covering the revenue growth of each sub-segment from 2018 to 2030.
The Latin America ophthalmic eye droppers market is primarily driven by positive developments in Brazil, Mexico, and Argentina. Growing investments by key players, proximity to North America, and freetrade agreements with the U.S., Canada, Japan, & several European countries are key factors anticipated to boost the market during the forecast period. Furthermore, the rising prevalence of ophthalmic disorders and the growing geriatric population are contributing to market growth.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America ophthalmic eye droppers market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America ophthalmic eye droppers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America ophthalmic eye droppers market size, by country, 2018-2030 (US$M)
Latin America Ophthalmic Eye Droppers Market Outlook Share, 2023 & 2030 (US$M)
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