Latin America Drug Delivery Devices Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2015 to 2020 and Forecast 2021 to 2027

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Latin America Drug Delivery Devices Market: By Product Type (Infusion Pumps, Metered Dose Inhalers, Nebulizers, Syringes, Ocular Inserts, Nasal Sprays, Implantable Drug Delivery Devices, Transdermal Patches, Trans-Mucosal Drug Delivery Devices, Others), By Route of Administration (Oral, Parenteral, Transdermal, Trans-Mucosal, Inhalation, Ocular, Others), By Formulation (Solid, Liquid, Semi-Solid), By Application (Diabetes, Oncology, Autoimmune Disorders, Neurological Disorders, Gastrointestinal Disorders, Respiratory Disorders, Others), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies, Others), and Geography 

 

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Region Latin America
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Report

Description

The latin america drug delivery devices market size valued USD 252.2 million in 2020 and expected to reach USD 172.4 million by 20227, at a CAGR of 7.8% during the forecast period 2021-2027. Drug delivery devices are used to deliver the drugs or chemical substances into the body for therapeutic effects by using different formulations, technologies, and approaches. These devices can be used for diagnosis, treatment, cure, or prevent various diseases such as diabetes, autoimmune disorders, bacterial and viral infections, and allergies among others. Various medicinal formulations such as antibiotics and insulin are most commonly administered by using these devices to increase the efficiency of drug by controlling dosage, time, and release the drug at specific site in the body.

Latin America Drug Delivery Devices Market

MARKET SUMMARY
-
7.8% CAGR
  • Study Period– 2021 – 2027
  • Base Year– 2020
  • CAGR– 7.8%

Latin America Drug Delivery Devices Market

  • The report on latin america drug delivery devices market gives historical, current and future market sizes (US$ Mn) based on product type, rout of administration, formulation, application, distribution channel and country.
  • latin america drug delivery devices market report gives comprehensive outlook across the region with special emphasis on key regions such as Mexico, Argentina, Chile.
Key Players
  • Becton Dickinson and Company
  • Hoffmann La Roche Ltd.
  • Smiths medical, Inc.
  • Braun Melsungen AG
  • Pfizer, Inc.
  • Merck & Co., Inc.
Latin America Drug Delivery Devices Market

Drivers And Restraints

Drivers:
Increase in the prevalence of chronic diseases such as diabetes and cancerin Brazil and Mexico,
Adoption of newer drug delivery devices and expansion of business by market players,
Rise in awareness about self-injector devices and development in economic growth.

Restraints:
Stringent regulation for the approval of drug delivery devices,
Product recalls and Complications in the use of drug delivery devices such as dosage errors,
High cost of drug delivery devices.


Latin America Drug Delivery Devices Market

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2015-2020) and forecast (2021-2027)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key marketdevelopments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Latin America Drug Delivery Devices Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content


Report

Company Profile

  • Becton Dickinson and Company (U.S.)
  • Hoffmann La Roche Ltd. (Switzerland)
  • Smiths medical, Inc. (U.S.)
  • Braun Melsungen AG (Germany)
  • Pfizer, Inc. (U.S.)
  • Merck & Co., Inc. (U.S.)
  • Sanofi S.A. (France)
  • Abbott Laboratories (U.S.)
  • Novartis AG (Switzerland)
  • Eli Lilly and company (U.S.)

Description

The latin america drug delivery devices market size valued USD 252.2 million in 2020 and expected to reach USD 172.4 million by 20227, at a CAGR of 7.8% during the forecast period 2021-2027. Drug delivery devices are used to deliver the drugs or chemical substances into the body for therapeutic effects by using different formulations, technologies, and approaches. These devices can be used for diagnosis, treatment, cure, or prevent various diseases such as diabetes, autoimmune disorders, bacterial and viral infections, and allergies among others. Various medicinal formulations such as antibiotics and insulin are most commonly administered by using these devices to increase the efficiency of drug by controlling dosage, time, and release the drug at specific site in the body.

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