Latin America Sodium Hyaluronate-based Products Market Size & Outlook, 2030

Revenue, 2023 (US$M)

$492.1

Forecast, 2030 (US$M)

$837.0

CAGR, 2024 - 2030

7.9%

Report Coverage

Latin America

Latin America sodium hyaluronate-based products market, 2018-2030 (US$M)

Related Markets

Global Sodium Hyaluronate-based Products Industry Outlook

North America Sodium Hyaluronate-based Products Market Outlook

Europe Sodium Hyaluronate-based Products Market Outlook

Asia Pacific Sodium Hyaluronate-based Products Market Outlook

MEA Sodium Hyaluronate-based Products Market Outlook

Latin America sodium hyaluronate-based products market highlights

The Latin America sodium hyaluronate-based products market generated a revenue of USD 492.1 million in 2023.
The market is expected to grow at a CAGR of 7.9% from 2024 to 2030.
In terms of segment, topical was the largest revenue generating type in 2023.
Topical is the most lucrative type segment registering the fastest growth during the forecast period.

Latin America data book summary

Market revenue in 2023	USD 492.1 million
Market revenue in 2030	USD 837.0 million
Growth rate	7.9% (CAGR from 2023 to 2030)
Largest segment	Topical
Fastest growing segment	Topical
Historical data covered	2018 - 2022
Base year for estimation	2023
Forecast period covered	2024 - 2030
Quantitative units	Revenue in USD million
Market segmentation	Topical
Key market players worldwide	Allergan, Galderma Group AG Registered Shares, LG Chem, Anika Therapeutics Inc, Ferring, Bohus BioTech, Syner-med (Pp), Cadila Pharmaceuticals, Fidia Farmaceutici

Other key industry trends

In terms of revenue, Latin America region accounted for 4.7% of the global sodium hyaluronate-based products 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 5,803.1 million by 2030.

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Sodium Hyaluronate-based Products Market Scope

Sodium hyaluronate-based products market segmentation & scope

Type

Topical

Injectable

Others

Application

Pharmaceutical

Cosmetics

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

UAE

Kuwait

Sodium Hyaluronate-based Products Market Companies

Name	Profile	# Employees	HQ	Website

Latin America sodium hyaluronate-based products 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 sodium hyaluronate-based products market will help companies and investors design strategic landscapes.

Topical was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Latin America sodium hyaluronate-based products market based on topical covering the revenue growth of each sub-segment from 2018 to 2030.

Some of the largest economies in South America have a free universal healthcare system, covering all its citizens and foreigners Many studies conducted across the region have also validated the effectiveness of sodium hyaluronate-based products as an antiadhesive in preventing the formation of adhesions following abdominal surgeries.

The region has large geriatric population, giving rise to conditions such as osteoarthritis and dry eye diseases, propelling the demand for sodium hyaluronate-based products, such as eye drops for dry eyes and viscous injectables for injecting into the knee for pain relief.

Both domestic and International market players are known to operate in this space for providing effective solutions. Moreover, major economies in the region, such as Brazil and Mexico, account for a number of nonsurgical procedures each year, involving botulinum toxin and hyaluronic acid injectables. Due to the aforementioned factors, the market for sodium hyaluronate is expected to grow in the coming years.

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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America sodium hyaluronate-based products market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America sodium hyaluronate-based products market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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