Latin America Rare Disease Clinical Trials Market Size & Outlook
The rare disease clinical trials market in Latin America is expected to reach a projected revenue of US$ 626.7 million by 2030. A compound annual growth rate of 9.5% is expected of Latin America rare disease clinical trials market from 2024 to 2030.
Revenue, 2023 (US$M)
$331.2
Forecast, 2030 (US$M)
$626.7
CAGR, 2024 - 2030
9.5%
Report Coverage
Latin America
Latin America rare disease clinical trials market, 2018-2030 (US$M)
Related Markets
Latin America rare disease clinical trials market highlights
- The Latin America rare disease clinical trials market generated a revenue of USD 331.2 million in 2023.
- The market is expected to grow at a CAGR of 9.5% from 2024 to 2030.
- In terms of segment, phase ii was the largest revenue generating phase in 2023.
- Phase III is the most lucrative phase segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 331.2 million |
| Market revenue in 2030 | USD 626.7 million |
| Growth rate | 9.5% (CAGR from 2023 to 2030) |
| Largest segment | Phase ii |
| Fastest growing segment | Phase III |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Phase I, Phase II, Phase III, Phase IV |
| Key market players worldwide | Takeda Pharmaceutical Co Ltd, Roche Holding AG ADR, Pfizer Inc, AstraZeneca PLC, Novartis AG ADR, Labcorp Holdings Inc, IQVIA Holdings Inc, Charles River Laboratories International Inc, Icon PLC, PAREXEL |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.0% of the global rare disease 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 2,652.7 million by 2030.
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Rare Disease Clinical Trials Market Scope
Rare disease clinical trials market segmentation & scope
Cardiovascular Disorders
Neurological Disorders
Infectious Disease
Genetic Disorders
Autoimmune and Inflammation
Hematologic Disorders
Musculoskeletal Disorders
Others
Rare Disease Clinical Trials Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America rare disease 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 rare disease clinical trials market will help companies and investors design strategic landscapes.
Phase ii was the largest segment with a revenue share of 42.66% in 2023. Horizon Databook has segmented the Latin America rare disease clinical trials market based on phase i, phase ii, phase iii, phase iv covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Rare Disease Clinical Trials Phase Outlook (Revenue, USD Million, 2018-2030)
- Phase I
- Phase II
- Phase III
- Phase IV
- Others
- Latin America Rare Disease Clinical Trials Study Design Outlook (Revenue, USD Million, 2018-2030)
- Interventional trials
- Observational trials
- Expanded access trials
- Latin America Rare Disease Clinical Trials Therapeutic Area Outlook (Revenue, USD Million, 2018-2030)
- Cardiovascular Disorders
- Neurological Disorders
- Infectious Disease
- Genetic Disorders
- Autoimmune and Inflammation
- Hematologic Disorders
- Musculoskeletal Disorders
- Others
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Our clientele includes a mix of rare disease clinical trials 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 rare disease clinical trials market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America rare disease clinical trials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America rare disease clinical trials market size, by country, 2018-2030 (US$M)
Latin America Rare Disease Clinical Trials Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
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