Latin America Peptide Drug Conjugates Market Size & Outlook
Latin America peptide drug conjugates market, 2018-2030 (US$M)
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Latin America peptide drug conjugates market highlights
- The Latin America peptide drug conjugates market generated a revenue of USD 35.7 million in 2023.
- The market is expected to grow at a CAGR of 29.5% from 2024 to 2030.
- In terms of segment, therapeutics was the largest revenue generating type in 2023.
- Therapeutics is the most lucrative type 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 2023 | USD 35.7 million |
| Market revenue in 2030 | USD 217.4 million |
| Growth rate | 29.5% (CAGR from 2023 to 2030) |
| Largest segment | Therapeutics |
| 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 | Therapeutics, Diagnostics |
| Key market players worldwide | Novartis AG ADR, Oncopeptides AB, Bicycle Therapeutics PLC ADR, AstraZeneca PLC, Theratechnologies Inc, Cybrexa Therapeutics, AngioChem, Soricimed |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.9% of the global peptide drug conjugates 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 943.7 million by 2030.
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Peptide Drug Conjugates Market Scope
Peptide Drug Conjugates Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America peptide drug conjugates 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 peptide drug conjugates market will help companies and investors design strategic landscapes.
Therapeutics was the largest segment with a revenue share of 81.51% in 2023. Horizon Databook has segmented the Latin America peptide drug conjugates market based on therapeutics, diagnostics covering the revenue growth of each sub-segment from 2018 to 2030.
The Latin America peptide drug conjugates market exhibited significant growth in the past few years owing to the high disease burden and increased demand for peptide-based drugs. Mexico, Brazil, and Argentina are the major markets for peptide-based drugs in Latin America.
Favorable government initiatives and research collaborations are anticipated to contribute to market growth. In addition, the demand for peptide-based drugs increased owing to the current disease burden and high demand from healthcare providers.
Furthermore, low awareness about the prevention & treatment of infectious diseases in undeveloped areas, high cost of treatment, and lack of favorable reimbursement policies are some of the factors responsible for restraining the growth of the market. However, rising disposable income and growing consumer awareness are expected to promote market growth.
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Our clientele includes a mix of peptide drug conjugates market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America peptide drug conjugates market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America peptide drug conjugates market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America peptide drug conjugates market size, by country, 2018-2030 (US$M)
Latin America Peptide Drug Conjugates Market Outlook Share, 2023 & 2030 (US$M)
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