OTC drugs market value in Latin America 2022-2027

Published by
Jennifer Mendoza,
Sep 12, 2024
The market value of over-the-counter (OTC) pharmaceuticals in Latin America is forecasted to reach over 17 billion U.S. dollars by 2027, up from an estimated value of 11.5 billion U.S. dollars in 2022. In 2021, the OTC pharmaceutical market revenue in Brazil amounted to over 4.5 billion U.S. dollars.

Value of the over-the-counter (OTC) pharmaceuticals market in Latin America from 2022 to 2027 (in billion U.S. dollars)

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Release date

May 2023

Region

LAC

Survey time period

2022

Supplementary notes

This Statista estimate is based on the calculated 2022 value and the compound annual growth rate until 2027 of 8.64%, which were provided by the source. An exponential development of the value was assumed.

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Pharmaceutical industry in Latin America Global pharmaceutical industryPharmaceutical industry in the U.S.Pharmaceutical industry in BrazilPharmaceutical industry in Mexico
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