LATIN AMERICA DRUG DISCOVERY MARKET 2019-2028

Lifesciences | Diagnostic & Biotechnology

LATIN AMERICA DRUG DISCOVERY MARKET 2019-2028

Market By Drug Type, Technology, Service, End-user, And Geography | Forecast 2019-2028

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The drug discovery market in Latin America is estimated to grow at a CAGR of 5.88% for forecasting the years 2019-2028.


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The countries analyzed in the Latin America drug discovery market are:

•           Mexico

•           Brazil

•           Rest of Latin America countries

Both local as well as international companies have been forming partnerships for activities like drug discovery, product licensing, and co-marketing agreements. Further, there are several policies in place for developing and maintaining a better marketing and distribution infrastructure in Argentina. This is further encouraging local and multinational players to enter into licensing and distribution agreements. In addition, Argentina has a well-established regulatory system, which is one of the key factors promoting the drug discovery market growth in the country.

Partnerships among leading scientists based in Europe, North America, and Brazil have been providing open-access research into drug discovery. This has propelled the growth of the Brazilian drug discovery market. For instance, due to these partnerships, significant grants have been allocated to fund Brazil’s first open-access research facility into kinase types. However, the absence of proper policies to secure doctors & masters in their home country, the poor stimulus to science in general, erratic investments by government bodies, and relative isolation from international practices are factors restraining the growth of Brazil’s drug discovery market.

Founded in 1891, Merck & Co Inc is a provider of healthcare solutions. It has its business operations in four segments, such as pharmaceutical, animal health, healthcare services, and alliances segments. The company offers preventive and therapeutic agents for the treatment of cardiovascular diseases, type 2 diabetes, nasal allergy symptoms, asthma, allergic rhinitis, HIV-1 infection, chronic hepatitis C virus fungal infections, hypertension, intra-abdominal infections, arthritis, osteoporosis, and inflammatory & fertility diseases. It also offers cholesterol modifying medicines, antibacterial products, neuromuscular blocking agents, and vaginal drug discovery products. It has a notable presence in Latin America.

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Table of Content

1.    LATIN AMERICA DRUG DISCOVERY MARKET - SUMMARY

2.    INDUSTRY OUTLOOK

2.1. MARKET DEFINITION

2.2. PORTER'S FIVE FORCES MODEL

2.2.1.   THREATS OF NEW ENTRANTS

2.2.2.   THREAT OF SUBSTITUTE PRODUCTS

2.2.3.   BARGAINING POWER OF BUYERS

2.2.4.   BARGAINING POWER OF SUPPLIERS

2.2.5.   COMPETITIVE RIVALRY

2.3. COVID-19 AND ITS IMPACT ON DRUG DISCOVERY MARKET

2.4. PESTLE OUTLOOK

2.5. REGULATORY FRAMEWORK

2.6. VALUE CHAIN OUTLOOK

2.7. MARKET ATTRACTIVENESS INDEX

2.8. KEY INSIGHT

2.9. MARKET DRIVERS

2.9.1.   GROWING AGED POPULATION

2.9.2.   TECHNOLOGICAL ADVANCEMENTS

2.9.3.   RISE IN HEALTHCARE EXPENDITURE

2.9.4.   SURGE IN LIFESTYLE-ORIENTED DISEASES

2.10.            MARKET RESTRAINTS

2.10.1.    DELAY IN PRODUCT LAUNCHES

2.10.2.     RESTRICTED GROWTH RATE DUE TO GENERIC DRUGS

2.11.  MARKET OPPORTUNITIES

2.11.1.   SIGNIFICANT INVESTMENT BY HEALTHCARE INDUSTRIES IN IMPROVING BIG DATA ANALYTICAL CAPABILITIES

2.11.2.   RISING DEMAND FOR SPECIALTY MEDICINES

2.12.   MARKET CHALLENGES

2.12.1.   POOR REIMBURSEMENTS POLICIES IN EMERGING NATIONS

2.12.2.    STRINGENT GOVERNMENT REGULATIONS

3.    DRUG DISCOVERY MARKET OUTLOOK - BY DRUG TYPE

3.1. SMALL MOLECULE DRUG

3.2. BIOLOGIC DRUG

4.    DRUG DISCOVERY MARKET OUTLOOK - BY TECHNOLOGY

4.1. HIGH THROUGHPUT SCREENING

4.2. BIOCHIPS

4.3. BIOINFORMATICS

4.4. PHARMACOGENOMICS AND PHARMACOGENETICS

4.5. COMBINATORIAL CHEMISTRY

4.6. NANOTECHNOLOGY

4.7. SPECTROSCOPY

4.8. METABOLOMICS

4.9. OTHER TECHNOLOGIES

5.    DRUG DISCOVERY MARKET OUTLOOK - BY SERVICE

5.1. DRUG METABOLISM AND PHARMACOKINETICS (DMPK) SERVICES

5.2. CHEMICAL SERVICES

5.3. BIOLOGICAL SERVICES

5.4. OTHER PHARMACEUTICAL SERVICES

6.    DRUG DISCOVERY MARKET OUTLOOK - BY END-USER

6.1. RESEARCH INSTITUTES

6.2. PHARMACEUTICAL COMPANIES

6.3. CONTRACT RESEARCH ORGANIZATIONS (CROS)

6.4. OTHER END-USERS

7.    DRUG DISCOVERY MARKET – LATIN AMERICA

7.1. COUNTRY ANALYSIS

7.1.1.   BRAZIL

7.1.2.   MEXICO

7.1.3.   REST OF LATIN AMERICA

8.    COMPANY PROFILES

8.1. 3M COMPANY

8.2. ABBOTT LABORATORIES INC

8.3. AGILENT TECHNOLOGIES INC

8.4. ANTARES PHARMA INC

8.5. ASTRAZENECA PLC

8.6. BAYER AG

8.7. BECTON DICKINSON & COMPANY (BD)

8.8. BOEHRINGER INGELHEIM

8.9. ELI LILY AND COMPANY

8.10.   F HOFFMANN-LA ROCHE LTD

8.11.    GLAXOSMITHKLINE LLC

8.12.     JOHNSON & JOHNSON

8.13.     MERCK & CO INC

8.14.     NOVARTIS

8.15.     PFIZER INC

8.16.     SANOFI

9.    RESEARCH METHODOLOGY & SCOPE

9.1. RESEARCH SCOPE & DELIVERABLES

9.1.1.   OBJECTIVES OF STUDY

9.1.2.   SCOPE OF STUDY

9.2. SOURCES OF DATA

9.2.1.   PRIMARY DATA SOURCES

9.2.2.   SECONDARY DATA SOURCES

9.3. RESEARCH METHODOLOGY

9.3.1.   EVALUATION OF PROPOSED MARKET

9.3.2.   IDENTIFICATION OF DATA SOURCES

9.3.3.   ASSESSMENT OF MARKET DETERMINANTS

9.3.4.   DATA COLLECTION

9.3.5.   DATA VALIDATION & ANALYSIS

List of table

TABLE 1        LATIN AMERICA DRUG DISCOVERY MARKET, BY COUNTRY, 2019-2028 ($ MILLION)

TABLE 2        LATIN AMERICA DRUG DISCOVERY MARKET, BY TECHNOLOGY, 2019-2028 ($ MILLION)

TABLE 3        LATIN AMERICA DRUG DISCOVERY MARKET, BY DRUG TYPE, 2019-2028 ($ MILLION)

TABLE 4        LATIN AMERICA DRUG DISCOVERY MARKET, BY SERVICE, 2019-2028 ($ MILLION)

TABLE 5        LATIN AMERICA DRUG DISCOVERY MARKET, BY END-USER, 2019-2028 ($ MILLION)

TABLE 6        LATIN AMERICA DRUG DISCOVERY MARKET, BY COUNTRY, 2019-2028 ($ MILLION)       

List of Figures

FIGURE 1      LATIN AMERICA DRUG DISCOVERY MARKET, BY REGION, 2019-2028 ($ MILLION)

FIGURE 2      LATIN AMERICA DRUG DISCOVERY MARKET, BY SMALL MOLECULE DRUG, 2019-2028 ($ MILLION)

FIGURE 3      LATIN AMERICA DRUG DISCOVERY MARKET, BY BIOLOGIC DRUG, 2019-2028 ($ MILLION)

FIGURE 4      LATIN AMERICA DRUG DISCOVERY MARKET, BY HIGH THROUGHPUT SCREENING, 2019-2028 ($ MILLION)

FIGURE 5      LATIN AMERICA DRUG DISCOVERY MARKET, BY BIOCHIPS, 2019-2028 ($ MILLION)

FIGURE 6      LATIN AMERICA DRUG DISCOVERY MARKET, BY BIOINFORMATICS, 2019-2028 ($ MILLION)

FIGURE 7      LATIN AMERICA DRUG DISCOVERY MARKET, BY PHARMACOGENOMICS AND PHARMACOGENETICS, 2019-2028 ($ MILLION)

FIGURE 8      LATIN AMERICA DRUG DISCOVERY MARKET, BY COMBINATORIAL CHEMISTRY, 2019-2028 ($ MILLION)

FIGURE 9      LATIN AMERICA DRUG DISCOVERY MARKET, BY NANOTECHNOLOGY, 2019-2028 ($ MILLION)

FIGURE 10   LATIN AMERICA DRUG DISCOVERY MARKET, BY SPECTROSCOPY, 2019-2028 ($ MILLION)

FIGURE 11   LATIN AMERICA DRUG DISCOVERY MARKET, BY METABOLOMICS, 2019-2028 ($ MILLION)

FIGURE 12   LATIN AMERICA DRUG DISCOVERY MARKET, BY OTHER TECHNOLOGIES, 2019-2028 ($ MILLION)

FIGURE 13   LATIN AMERICA DRUG DISCOVERY MARKET, BY DRUG METABOLISM AND PHARMACOKINETICS (DMPK) SERVICES, 2019-2028 ($ MILLION)

FIGURE 14   LATIN AMERICA DRUG DISCOVERY MARKET, BY CHEMICAL SERVICES, 2019-2028 ($ MILLION)

FIGURE 15   LATIN AMERICA DRUG DISCOVERY MARKET, BY BIOLOGICAL SERVICES, 2019-2028 ($ MILLION)

FIGURE 16   LATIN AMERICA DRUG DISCOVERY MARKET, BY OTHER PHARMACEUTICAL SERVICES, 2019-2028 ($ MILLION)

FIGURE 17   LATIN AMERICA DRUG DISCOVERY MARKET, BY RESEARCH INSTITUTES, 2019-2028 ($ MILLION)

FIGURE 18   LATIN AMERICA DRUG DISCOVERY MARKET, BY PHARMACEUTICAL COMPANIES, 2019-2028 ($ MILLION)

FIGURE 19   LATIN AMERICA DRUG DISCOVERY MARKET, BY CONTRACT RESEARCH ORGANIZATIONS (CROS), 2019-2028 ($ MILLION)

FIGURE 20   LATIN AMERICA DRUG DISCOVERY MARKET, BY OTHER END-USERS, 2019-2028 ($ MILLION)

FIGURE 21   BRAZIL DRUG DISCOVERY MARKE 2019-2028 ($ MILLION)

FIGURE 22   MEXICO DRUG DISCOVERY MARKET 2019-2028 ($ MILLION)

FIGURE 23   REST OF LATIN AMERICA DRUG DISCOVERY MARKET 2019-2028 ($ MILLION)

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