Press release
Latin America Injectable Drug Delivery Market Growth Factors, Applications, Regional Analysis, Key Players And Forecasts By 2028
Latest released, the research study on LATIN AMERICA INJECTABLE DRUG DELIVERY Market Report Forecast 2021 - 2028, offers a detailed overview of the factors influencing the global business scope. LATIN AMERICA INJECTABLE DRUG DELIVERY Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the LATIN AMERICA INJECTABLE DRUG DELIVERY. The study covers emerging player's data, including competitive landscape, sales, revenue and global market share of top manufacturers are: Ypsomed Holding AG, Sanofi SA, Gerresheimer, Teva Pharmaceuticals, West Pharmaceuticals, Elcam Medical, Injex, and Schott AG.The injectable drug delivery market in Latin America has been projected to depict growth in terms of revenue and expand with a CAGR of 9.34% during the forecast years 2019-2028
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Market Overview and Regional Analysis:
Brazil, Mexico, and Rest of Latin America together shape the market in this region.
The healthcare infrastructure in countries like Brazil, Mexico, and Argentina has improved substantially over the last few years. And these nations are considered to have a high potential for growth. The huge population in these countries is in dire need of targeted drug delivery systems. This is a significant motivation for the government authorities and local pharma companies to work towards adopting these systems on a large scale.
Moreover, data from the NCBI suggests that, in 2020, Mexico will have a cancer mortality rate of 79 per 100,000 inhabitants. This is a cause of major concern. Furthermore, as per the UN statistics, the population in the country, with the age of 60 and above, is projected to double from 10% in 2017 to 25% in 2050. The population in this age group is at a high risk of acquiring serious diseases and infections.
Also, the prevalence of CVDs is at an all-time high, due to factors like smoking, high alcohol consumption, obesity, and tobacco consumption. Injectable drug delivery solutions are increasingly proving effective for the management and treatment of these conditions. Therefore, the growing number of cancer cases, the rising geriatric population, and the increasing incidence of cardiovascular diseases are fueling the growth of the Mexican market for injectable drug delivery over the forecast period.
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Significant Features and Key Highlights of the Reports:
– Detailed overview of LATIN AMERICA INJECTABLE DRUG DELIVERY Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value.
– Recent industry trends and developments
– Competitive landscape of LATIN AMERICA INJECTABLE DRUG DELIVERY Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.
Key questions answered:
- Who are the Leading key players and what are their Key Business plans in the LATIN AMERICA INJECTABLE DRUG DELIVERY market?
- What are the key concerns of the five forces analysis of the LATIN AMERICA INJECTABLE DRUG DELIVERY market?
- What are different prospects and threats faced by the dealers in the LATIN AMERICA INJECTABLE DRUG DELIVERY market?
- What are the strengths and weaknesses of the key vendors?
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