Latin America Rfid In Pharmaceuticals Market Size & Outlook
Latin America rfid in pharmaceuticals market, 2018-2030 (US$M)
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Latin America rfid in pharmaceuticals market highlights
- The Latin America rfid in pharmaceuticals market generated a revenue of USD 267.6 million in 2023.
- The market is expected to grow at a CAGR of 6.3% from 2024 to 2030.
- In terms of segment, rfid readers was the largest revenue generating component in 2023.
- RFID Readers is the most lucrative component 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 267.6 million |
| Market revenue in 2030 | USD 409.6 million |
| Growth rate | 6.3% (CAGR from 2023 to 2030) |
| Largest segment | Rfid readers |
| Fastest growing segment | RFID Readers |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | RFID Tags, RFID Readers, RFID Middleware |
| Key market players worldwide | Zebra Technologies Corp Class A, Fresenius SE & Co KGaA, Avery Dennison Corp, Impinj Inc, Bluesight, Terso Solutions, Gao Rfid, Alien Technology, CCL Healthcare, Tageos |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.2% of the global rfid in pharmaceuticals 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 2,070.7 million by 2030.
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RFID In Pharmaceuticals Market Scope
RFID In Pharmaceuticals Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America rfid in pharmaceuticals 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 rfid in pharmaceuticals market will help companies and investors design strategic landscapes.
Rfid readers was the largest segment with a revenue share of 41.93% in 2023. Horizon Databook has segmented the Latin America rfid in pharmaceuticals market based on rfid tags, rfid readers, rfid middleware covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of rfid in pharmaceuticals market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 rfid in pharmaceuticals market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America rfid in pharmaceuticals market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America rfid in pharmaceuticals market size, by country, 2018-2030 (US$M)
Latin America RFID In Pharmaceuticals Market Outlook Share, 2023 & 2030 (US$M)
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