By 2027, the forecast value of the high potency active pharmaceutical ingredients market in Latin America is expected to reach 3.81 billion U.S. dollars, an increase of 49 percent from 2.56 billion U.S. dollars in 2022. Many new pharmaceutical drugs, especially medical ailments to treat cancer, have adopted the use of high potency active pharmaceutical ingredients.
Value of the high potency active pharmaceutical ingredients market in Latin America from 2022 to 2027
(in billion U.S. dollars)
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Market value in billion U.S. dollars
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This Statista estimate is based on the calculated 2022 value and the compound annual growth rate until 2027 of 8.3%, which were provided by the source. An exponential development of the value was assumed.
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Statista. (May 11, 2023). Value of the high potency active pharmaceutical ingredients market in Latin America from 2022 to 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/800337/high-potency-active-pharmaceutical-ingredients-market-value-latin-america/
Statista. "Value of the high potency active pharmaceutical ingredients market in Latin America from 2022 to 2027 (in billion U.S. dollars)." Chart. May 11, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/800337/high-potency-active-pharmaceutical-ingredients-market-value-latin-america/
Statista. (2023). Value of the high potency active pharmaceutical ingredients market in Latin America from 2022 to 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/800337/high-potency-active-pharmaceutical-ingredients-market-value-latin-america/
Statista. "Value of The High Potency Active Pharmaceutical Ingredients Market in Latin America from 2022 to 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 11 May 2023, https://www.statista.com/statistics/800337/high-potency-active-pharmaceutical-ingredients-market-value-latin-america/
Statista, Value of the high potency active pharmaceutical ingredients market in Latin America from 2022 to 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/800337/high-potency-active-pharmaceutical-ingredients-market-value-latin-america/ (last visited August 24, 2024)
Value of the high potency active pharmaceutical ingredients market in Latin America from 2022 to 2027 (in billion U.S. dollars) [Graph], Statista, May 11, 2023. [Online]. Available: https://www.statista.com/statistics/800337/high-potency-active-pharmaceutical-ingredients-market-value-latin-america/