Latin America Opioid Market Size & Outlook, 2030

Revenue, 2023 (US$M)

$1,370.3

Forecast, 2030 (US$M)

$1,570.8

CAGR, 2024 - 2030

Report Coverage

Latin America

Latin America opioid market, 2018-2030 (US$M)

Related Markets

Global Opioid Industry Outlook

North America Opioid Market Outlook

Europe Opioid Market Outlook

Asia Pacific Opioid Market Outlook

MEA Opioid Market Outlook

Latin America opioid market highlights

The Latin America opioid market generated a revenue of USD 1,370.3 million in 2023.
The market is expected to grow at a CAGR of 2% from 2024 to 2030.
In terms of segment, ir/ short acting opioids was the largest revenue generating product in 2023.
IR/ Short Acting Opioids is the most lucrative product segment registering the fastest growth during the forecast period.

Latin America data book summary

Market revenue in 2023	USD 1,370.3 million
Market revenue in 2030	USD 1,570.8 million
Growth rate	2% (CAGR from 2023 to 2030)
Largest segment	Ir/ short acting opioids
Fastest growing segment	IR/ Short Acting Opioids
Historical data covered	2018 - 2022
Base year for estimation	2023
Forecast period covered	2024 - 2030
Quantitative units	Revenue in USD million
Market segmentation	IR/ Short Acting Opioids
Key market players worldwide	Johnson & Johnson, Hikma Pharmaceuticals PLC, Pfizer Inc, AbbVie Inc, Sanofi SA, Sun Pharmaceutical Industries, Grunenthal Pharma

Other key industry trends

In terms of revenue, Latin America region accounted for 6.0% of the global opioid 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 4,028.2 million by 2030.

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Opioid Market Scope

Opioid market segmentation & scope

Product

IR/ Short Acting Opioids

ER/Long Acting Opioids

Route of Administration

Oral

Injectable

Others

Distribution Channel

Hospital Pharmacy

Retail Pharmacy

Others

Application

Pain relief

Anesthesia

Cough suppression

Diarrhea suppression

De-addiction

Regions

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

Countries

U.S.

Canada

Germany

France

Italy

Spain

Denmark

Sweden

Norway

Japan

China

India

Australia

South Korea

Thailand

Mexico

Brazil

South Africa

Saudi Arabia

Argentina

Kuwait

UAE

Opioid Market Companies

Name	Profile	# Employees	HQ	Website

Latin America opioid 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 opioid market will help companies and investors design strategic landscapes.

Ir/ short acting opioids was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Latin America opioid market based on ir/ short acting opioids covering the revenue growth of each sub-segment from 2018 to 2030.

Reasons to subscribe to Latin America opioid market databook:

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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Latin America opioid market databook

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

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