In 2023, the market value of pharmaceuticals in Latin America surpassed the 93 billion U.S. dollars. This figure has seen an increasing trend in recent years, rising by more than 20 billion dollars since 2021. The region is a net importer of pharmaceutical products. In the last year depicted, imports of these products surpassed exports by nearly 30 billion U.S. dollars.
Market value of pharmaceuticals n Latin America from 2021 to 2023
(in billion U.S. dollars)
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CILFA, & IQVIA. (October 2, 2024). Market value of pharmaceuticals n Latin America from 2021 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/809924/pharma-industry-market-value-latam/
CILFA, und IQVIA. "Market value of pharmaceuticals n Latin America from 2021 to 2023 (in billion U.S. dollars)." Chart. October 2, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/809924/pharma-industry-market-value-latam/
CILFA, IQVIA. (2024). Market value of pharmaceuticals n Latin America from 2021 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/809924/pharma-industry-market-value-latam/
CILFA, and IQVIA. "Market Value of Pharmaceuticals N Latin America from 2021 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 2 Oct 2024, https://www.statista.com/statistics/809924/pharma-industry-market-value-latam/
CILFA & IQVIA, Market value of pharmaceuticals n Latin America from 2021 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/809924/pharma-industry-market-value-latam/ (last visited December 22, 2024)
Market value of pharmaceuticals n Latin America from 2021 to 2023 (in billion U.S. dollars) [Graph], CILFA, & IQVIA, October 2, 2024. [Online]. Available: https://www.statista.com/statistics/809924/pharma-industry-market-value-latam/