Latin America generic injectables market is currently witnessing robust growth. Generic injectables are safe and effective alternative drugs that are bio-equivalent to their branded counterparts. They offer similar dosages, active ingredients, strength, quality, clinical benefit, and pharmacological advantages as compared to innovator drugs. Generic injectables are used to treat various life-threatening and chronic diseases, such as cancer, diabetes, rheumatoid arthritis, cardiovascular ailments, and respiratory infections. They aim to maximize patient compliance and reduce the frequency of administered dosage, thereby maintaining the effectiveness of the treatment. Generic injectables also offer several benefits to manufacturers and consumers, including limited price erosion and high profitability.
Latin America generic injectables market is majorly being driven by the rising prevalence of chronic diseases and an expansion in the pharmaceutical industry. This, in turn, has enabled the easy availability of generic drugs and the provision of healthcare services at affordable prices. Additionally, an increase in drug shortages and expiry of patents of branded items are also contributing to the market growth. This is further supported by several initiatives undertaken by governments of various countries in the Latin American region to promote the production and distribution of generic injectables. Apart from this, rapid technological advancements in drug delivery systems, such as the development of self-injection devices, are creating a positive outlook for the market. On account of these factors, the market is expected to continue its robust growth in the forecast period (2021-2026).
IMARC Group provides an analysis of the key trends in each sub-segment of the Latin America generic injectables market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, therapeutic area, container and distribution channel.
Breakup by Therapeutic Area:
Breakup by Container:
Breakup by Distribution Channel:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis||2020|
|Segment Coverage||Therapeutic Area, Container, Distribution Channel, Country|
|Countries Covered||Brazil, Mexico, Argentina, Colombia, Chile, Peru|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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