We are monitoring the impact of COVID-19 & Recession alarm on Latin America Drug Delivery Devices Market Get in touch with us for detailed analysis Know More
Share on

Latin America Drug Delivery Devices Market Research Report – Segmented By Route Of Administration, Facility Of Use and Country (Brazil, Mexico, Argentina, Chile and Rest of Latin America) - Industry Analysis, Size, Share, Trends & Growth Forecast (2022 to 2027)

Published: January, 2022
ID: 2255
Pages: 180

Latin America Drug Delivery Devices Market Size (2022 to 2027)

The market size for Drug Delivery Devices in Latin America is expected to reach USD 254.12 Million by 2027 from USD 173.51 Million in 2022, growing at a CAGR of 7.93% from 2022 to 2027.

The increasing prevalence of chronic diseases such as diabetes, cancer, and other cardiovascular diseases, are majorly driving the Drug delivery devices market in Latin America. Also, the rising non-communicable conditions influence the demand for non-invasive drug delivery methods. Furthermore, the growing geriatric population is one of the significant growth contributors to drug delivery devices. The senior population is vulnerable to various chronic diseases such as cancer, diabetes, and other conditions, increasing the demand for drug delivery devices. On the other hand, the growth of biologics is rapidly boosting the drug delivery devices market growth. 

In addition, the technological advancement and the growing adoption of innovative products such as patient-friendly drug delivery devices are supporting the market growth. There has been an increase in the usage and the inclination towards the improved drug delivery systems owing to their beneficial factors; As drug delivery systems aid in the distribution of pharmaceuticals that help the targeted population recover faster. Increasing investment and funding by the government on research and development and the advancement of healthcare infrastructure provide lucrative growth opportunities for market growth. New product launches, collaborations, mergers, and acquisitions strengthen regional market growth. Some of the key companies are launching new products, which are expected to accelerate the market growth. 

However, the increased side effects of drug recall and biocompatibility issues hamper the market growth. 

This research report on the Latin American drug delivery devices market has been segmented and sub-segmented into the following categories:

By Route of administration:

  • Oral Drug Delivery
  • Pulmonary Drug Delivery
  • Injectable Drug Delivery
  • Ocular Drug Delivery
  • Nasal Drug Delivery
  • Topical Drug Delivery
  • Implantable Drug Delivery
  • Tran mucosal Drug Delivery

By Facility of Use: 

  • Hospitals
  • Ambulatory Surgical Centers
  • Home Care settings
  • Diagnostic Centers

By Region: 

  • Mexico
  • Brazil
  • Argentina
  • Chile
  • Rest of Latin America

Geographically, the Latin American market is anticipated to show moderate growth in the global market during the forecast period. The market growth is attributed to the improving healthcare infrastructure, rising elderly population, increasing funding for research and changing lifestyles, and growing preference for drug delivery devices. In addition, supportive government policies by the government are providing significant growth opportunities for the major players in the market. Further, new product approvals and key market strategies such as collaborations, mergers, and acquisitions are expanding the regional market. Moreover, the emerging countries in the region, such as Mexico, Brazil, and Argentina, significantly contribute to regional market growth.

Brazil accounted for the majority share of the market and is anticipated to continue its growth during the forecast period. The factors such as high healthcare expenditure, technological advancements in the healthcare sector, and high patient population are propelling the market growth.

Mexico is expected to record a prominent share in the market in the region due to growing awareness regarding the benefits of the drug delivery devices, the presence of local players, and increasing investments in the healthcare sector, boosting the market growth.

Argentina is projected to witness a promising share in the Latin American market during the forecast period. The growing geriatric population, increasing patient population, growing demand for drug delivery devices, and favorable government policies fuel market growth.

KEY MARKET PLAYERS:

Companies playing a notable role in the Latin American Drug Delivery Devices Market profiled in the report are Bend Research, Endocyte, Microchips Inc., Pearl Therapeutics Inc., Presage Bioscience, UCB Group, Genentech Inc., Polymer Factory, Alkermes Inc., BIND Biosciences Inc., and QLT Inc.

1.Introduction                                  

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Route of administration                        

                                5.1.1 Introduction           

                                5.1.2 Oral Drug Delivery

                                5.1.3 Pulmonary Drug Delivery  

                                5.1.4 Inject able Drug Delivery   

                                5.1.5 Ocular Drug Delivery           

                                5.1.6 Nasal Drug Delivery             

                                5.1.7 Topical Drug Delivery          

                                5.1.8 Implantable Drug Delivery                

                                5.1.9 Tran mucosal Drug Delivery             

                                5.1.10  Y-o-Y Growth Analysis, By Route of administration            

                                5.1.11  Market Attractiveness Analysis, By Route of administration          

                                5.1.12  Market Share Analysis, By Route of administration            

                5.2 Facility of use                             

                                5.2.1 Introduction           

                                5.2.2 Hospitals  

                                5.2.3 Ambulatory Surgical Centers           

                                5.2.4 Home care settings             

                                5.2.5 Diagnostic Centers               

                                5.2.6 Others      

                                5.2.7 Y-o-Y Growth Analysis, By Facility of use    

                                5.2.8 Market Attractiveness Analysis, By Facility of use  

                                5.2.9 Market Share Analysis, By Facility of use    

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 Route of administration

                                                6.1.3.3 By Facility of use

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Route of administration

                                                6.1.4.3 By Facility of use

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Route of administration

                                                6.1.5.3 By Facility of use

                6.2 Brazil                             

                6.3 Mexico                         

                6.4 Rest of Latin America                             

7.Strategic Analysis                                        

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8.Market Leaders' Analysis                                         

                8.1 Bend Research                          

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Endocyte                     

                8.3 MicroCHIPS Inc                         

                8.4 Pearl Therapeutics Inc                           

                8.5 Presage Bioscience                 

                8.6 UCB Group                 

                8.7 Genentech Inc                          

                8.8 Polymer Factory                       

                8.9 Alkermes Inc                              

                8.10 BIND Biosciences Inc                            

                8.11 QLT Inc                       

9.Competitive Landscape                                            

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10.Market Outlook and Investment Opportunities                                          

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  1. Latin America Drug Delivery Devices Market, By Route of administration , From 2022 - 2027 (USD Million)
  2. Latin America Oral Drug Delivery Market, By Region, From 2022 - 2027 (USD Million)
  3. Latin America Pulmonary Drug Delivery Market, By Region, From 2022 - 2027 (USD Million)
  4. Latin America Injectable Drug Delivery  Market, By Region, From 2022 - 2027 (USD Million)
  5. Latin America Ocular Drug Delivery  Market, By Region, From 2022 - 2027 (USD Million)
  6. Latin America Nasal Drug Delivery Market, By Region, From 2022 - 2027 (USD Million)
  7. Latin America Topical Drug Delivery  Market, By Region, From 2022 - 2027 (USD Million)
  8. Latin America Implantable Drug Delivery  Market, By Region, From 2022 - 2027 (USD Million)
  9. Latin America Tran mucosal Drug Delivery Market, By Region, From 2022 - 2027 (USD Million)
  10. Latin America Drug Delivery Devices Market, By Facility of use, From 2022 - 2027 (USD Million)
  11. Latin America Hospitals Market, By Region, From 2022 - 2027 (USD Million)
  12. Latin America Ambulatory Surgical Centers Market, By Region, From 2022 - 2027 (USD Million)
  13. Latin America Home Care settings Market, By Region, From 2022 - 2027 (USD Million)
  14. Latin America Diagnostic Centers Market, By Region, From 2022 - 2027 (USD Million)
  15. Latin America Others Market, By Region, From 2022 - 2027 (USD Million)
  16. Brazil Drug Delivery Devices Market, By Route of administration, From 2022 - 2027 (USD Million)
  17. Brazil Drug Delivery Devices Market, By Facility of use, From 2022 - 2027 (USD Million)
  18. Argentina Drug Delivery Devices Market, By Route of administration, From 2022 - 2027 (USD Million)
  19. Argentina Drug Delivery Devices Market, By Facility of use, From 2022 - 2027 (USD Million)
  20. Mexico Drug Delivery Devices Market, By Route of administration, From 2022 - 2027 (USD Million)
  21. Mexico Drug Delivery Devices Market, By Facility of use, From 2022 - 2027 (USD Million)
  22. Rest of Latin America Drug Delivery Devices Market, By Route of administration, From 2022 - 2027 (USD Million)
  23. Rest of Latin America Drug Delivery Devices Market, By Facility of use, From 2022 - 2027 (USD Million)

Please wait. . . . Your request is being processed

Related Reports

PURCHASE OPTIONS

excel
$

2875


pdf excel
$

3220


pdf excel powerbi
$

4600


excel
$

2000

What You Get :

  • PDF Report Format.
  • Can be accessible by 1 single user.
  • 6 Months of Free Analyst Support.
  • PDF and Excel Datasheet Formats.
  • Can be accessible upto 2 to 5 users.
  • 1 Year of Free Analyst Support.
  • PDF, Excel and Power BI Dashboard.
  • Can be accessible by unlimited users.
  • 1 Year of Free Analyst Support.
  • Excel Datasheet Format.
  • Customized access as per user request.
  • Upgradable to other licenses.
customer-support
ASK FOR CUSTOMIZATION

Talk to our analyst and get customised report done according to your research needs

tag
INQUIRE FOR DISCOUNT

Check if you can avail any discount. Submit your details and our team will get back to you.

cloud-download
DOWNLOAD FREE SAMPLE

Request to avail a free sample report that reflects this market and its growth.

Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2875

Didn’t find what you’re looking for?
TALK TO OUR TEAM

Find it too expensive?
NO WORRIES!

Click for Request Sample