The Latin America, Middle East and Africa Pancrelipase Market would witness market growth of 10.6% CAGR during the forecast period (2023-2030).
The versatility of this drug extends beyond its primary applications, finding utility in gastrointestinal disorders characterized by impaired digestive enzyme secretion. The pharmaceutical landscape has witnessed a paradigm shift with the advent of cutting-edge drug delivery systems. Innovations such as enteric-coated formulations and microsphere technologies enhance the bioavailability of this drug, improving its efficacy and patient compliance. The age of personalized medicine has permeated the market, with tailored treatment regimens based on individual patient profiles.
Moreover, the surge in gastrointestinal disorders has amplified the demand for this drug. As these conditions often coexist with pancreatic insufficiency, the market is witnessing sustained growth. Pediatric formulations of this medicine have gained prominence, addressing the unique needs of children with pancreatic insufficiency. Manufacturers are focusing on developing child-friendly formulations to enhance treatment adherence and outcomes in this vulnerable patient population. Increased awareness of pancreatic insufficiency among healthcare professionals and patients has led to higher diagnosis rates. This and a proactive approach to managing digestive disorders propel the market forward.
As per the Saudi Arabian Monetary Agency, by the end of 2050, 25 percent of Saudi Arabia's total population of 40 million is projected to be 60 or older. Additionally, it is expected that during the same period, the population of individuals aged 80 or older will increase by 1.6 million, or 4% of the overall populace. Aging is associated with a higher incidence of pancreatic disorders, including chronic pancreatitis and other conditions leading to exocrine pancreatic insufficiency (EPI). The prevalence of these disorders in the aging population contributes to the demand for this drug. As a result, these aspects will boost market growth in the coming years.
The Brazil market dominated the LAMEA Pancrelipase Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $46 Million by 2030. The Argentina market is showcasing a CAGR of 11.2% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 10.2% during (2023 - 2030).
Free Valuable Insights: The Worldwide Pancrelipase Market is Projected to reach USD 2.6 Billion by 2030, at a CAGR of 4.7%
Based on Age, the market is segmented into Adults & Geriatrics, and Children. Based on Distribution Channel, the market is segmented into Drug Store & Retail Pharmacies, Hospital Pharmacies, and Online Pharmacies. Based on Application, the market is segmented into Chronic Pancreatitis, Cystic Fibrosis, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Organon & Co.
- Digestive Care, Inc.
- AbbVie, Inc.
- Vivus LLC
- Laboratorio Opoterápico Argentino S.A.
- Nestle S.A
- Scientific Protein Laboratories, LLC (Hepalink)
LAMEA Pancrelipase Market Report Segmentation
By Age
- Adults & Geriatrics
- Children
By Distribution Channel
- Drug Store & Retail Pharmacies
- Hospital Pharmacies
- Online Pharmacies
By Application
- Chronic Pancreatitis
- Cystic Fibrosis
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
TABLE 1 LAMEA Pancrelipase Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Pancrelipase Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Pancrelipase Market by Age, 2019 - 2022, USD Million
TABLE 4 LAMEA Pancrelipase Market by Age, 2023 - 2030, USD Million
TABLE 5 LAMEA Adults & Geriatrics Market by Country, 2019 - 2022, USD Million
TABLE 6 LAMEA Adults & Geriatrics Market by Country, 2023 - 2030, USD Million
TABLE 7 LAMEA Children Market by Country, 2019 - 2022, USD Million
TABLE 8 LAMEA Children Market by Country, 2023 - 2030, USD Million
TABLE 9 LAMEA Pancrelipase Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 10 LAMEA Pancrelipase Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 11 LAMEA Drug Store & Retail Pharmacies Market by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA Drug Store & Retail Pharmacies Market by Country, 2023 - 2030, USD Million
TABLE 13 LAMEA Hospital Pharmacies Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Hospital Pharmacies Market by Country, 2023 - 2030, USD Million
TABLE 15 LAMEA Online Pharmacies Market by Country, 2019 - 2022, USD Million
TABLE 16 LAMEA Online Pharmacies Market by Country, 2023 - 2030, USD Million
TABLE 17 LAMEA Pancrelipase Market by Application, 2019 - 2022, USD Million
TABLE 18 LAMEA Pancrelipase Market by Application, 2023 - 2030, USD Million
TABLE 19 LAMEA Chronic Pancreatitis Market by Country, 2019 - 2022, USD Million
TABLE 20 LAMEA Chronic Pancreatitis Market by Country, 2023 - 2030, USD Million
TABLE 21 LAMEA Cystic Fibrosis Market by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Cystic Fibrosis Market by Country, 2023 - 2030, USD Million
TABLE 23 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 24 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 25 LAMEA Pancrelipase Market by Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Pancrelipase Market by Country, 2023 - 2030, USD Million
TABLE 27 Brazil Pancrelipase Market, 2019 - 2022, USD Million
TABLE 28 Brazil Pancrelipase Market, 2023 - 2030, USD Million
TABLE 29 Brazil Pancrelipase Market by Age, 2019 - 2022, USD Million
TABLE 30 Brazil Pancrelipase Market by Age, 2023 - 2030, USD Million
TABLE 31 Brazil Pancrelipase Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 32 Brazil Pancrelipase Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 33 Brazil Pancrelipase Market by Application, 2019 - 2022, USD Million
TABLE 34 Brazil Pancrelipase Market by Application, 2023 - 2030, USD Million
TABLE 35 Argentina Pancrelipase Market, 2019 - 2022, USD Million
TABLE 36 Argentina Pancrelipase Market, 2023 - 2030, USD Million
TABLE 37 Argentina Pancrelipase Market by Age, 2019 - 2022, USD Million
TABLE 38 Argentina Pancrelipase Market by Age, 2023 - 2030, USD Million
TABLE 39 Argentina Pancrelipase Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 40 Argentina Pancrelipase Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 41 Argentina Pancrelipase Market by Application, 2019 - 2022, USD Million
TABLE 42 Argentina Pancrelipase Market by Application, 2023 - 2030, USD Million
TABLE 43 UAE Pancrelipase Market, 2019 - 2022, USD Million
TABLE 44 UAE Pancrelipase Market, 2023 - 2030, USD Million
TABLE 45 UAE Pancrelipase Market by Age, 2019 - 2022, USD Million
TABLE 46 UAE Pancrelipase Market by Age, 2023 - 2030, USD Million
TABLE 47 UAE Pancrelipase Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 48 UAE Pancrelipase Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 49 UAE Pancrelipase Market by Application, 2019 - 2022, USD Million
TABLE 50 UAE Pancrelipase Market by Application, 2023 - 2030, USD Million
TABLE 51 Saudi Arabia Pancrelipase Market, 2019 - 2022, USD Million
TABLE 52 Saudi Arabia Pancrelipase Market, 2023 - 2030, USD Million
TABLE 53 Saudi Arabia Pancrelipase Market by Age, 2019 - 2022, USD Million
TABLE 54 Saudi Arabia Pancrelipase Market by Age, 2023 - 2030, USD Million
TABLE 55 Saudi Arabia Pancrelipase Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 56 Saudi Arabia Pancrelipase Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 57 Saudi Arabia Pancrelipase Market by Application, 2019 - 2022, USD Million
TABLE 58 Saudi Arabia Pancrelipase Market by Application, 2023 - 2030, USD Million
TABLE 59 South Africa Pancrelipase Market, 2019 - 2022, USD Million
TABLE 60 South Africa Pancrelipase Market, 2023 - 2030, USD Million
TABLE 61 South Africa Pancrelipase Market by Age, 2019 - 2022, USD Million
TABLE 62 South Africa Pancrelipase Market by Age, 2023 - 2030, USD Million
TABLE 63 South Africa Pancrelipase Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 64 South Africa Pancrelipase Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 65 South Africa Pancrelipase Market by Application, 2019 - 2022, USD Million
TABLE 66 South Africa Pancrelipase Market by Application, 2023 - 2030, USD Million
TABLE 67 Nigeria Pancrelipase Market, 2019 - 2022, USD Million
TABLE 68 Nigeria Pancrelipase Market, 2023 - 2030, USD Million
TABLE 69 Nigeria Pancrelipase Market by Age, 2019 - 2022, USD Million
TABLE 70 Nigeria Pancrelipase Market by Age, 2023 - 2030, USD Million
TABLE 71 Nigeria Pancrelipase Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 72 Nigeria Pancrelipase Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 73 Nigeria Pancrelipase Market by Application, 2019 - 2022, USD Million
TABLE 74 Nigeria Pancrelipase Market by Application, 2023 - 2030, USD Million
TABLE 75 Rest of LAMEA Pancrelipase Market, 2019 - 2022, USD Million
TABLE 76 Rest of LAMEA Pancrelipase Market, 2023 - 2030, USD Million
TABLE 77 Rest of LAMEA Pancrelipase Market by Age, 2019 - 2022, USD Million
TABLE 78 Rest of LAMEA Pancrelipase Market by Age, 2023 - 2030, USD Million
TABLE 79 Rest of LAMEA Pancrelipase Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 80 Rest of LAMEA Pancrelipase Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 81 Rest of LAMEA Pancrelipase Market by Application, 2019 - 2022, USD Million
TABLE 82 Rest of LAMEA Pancrelipase Market by Application, 2023 - 2030, USD Million
TABLE 83 Key Information – Organon & co.
TABLE 84 Key Information – Digestive Care, Inc.
TABLE 85 Key Information – Laboratorio Opoterápico Argentino S.A.
TABLE 86 Key Information – Scientific Protein Laboratories, LLC
TABLE 87 Key information – AbbVie, Inc.
TABLE 88 Key Information – Vivus LLC
TABLE 89 Key Information – Nestle S.A
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Pancrelipase Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Pancrelipase Market
FIG 4 Porter’s Five Forces Analysis – Pancrelipase Market
FIG 5 LAMEA Pancrelipase Market share by Age, 2022
FIG 6 LAMEA Pancrelipase Market share by Age, 2030
FIG 7 LAMEA Pancrelipase Market by Age, 2019 - 2030, USD Million
FIG 8 LAMEA Pancrelipase Market share by Distribution Channel, 2022
FIG 9 LAMEA Pancrelipase Market share by Distribution Channel, 2030
FIG 10 LAMEA Pancrelipase Market by Distribution Channel, 2019 - 2030, USD Million
FIG 11 LAMEA Pancrelipase Market share by Application, 2022
FIG 12 LAMEA Pancrelipase Market share by Application, 2030
FIG 13 LAMEA Pancrelipase Market by Application, 2019 - 2030, USD Million
FIG 14 LAMEA Pancrelipase Market share by Country, 2022
FIG 15 LAMEA Pancrelipase Market share by Country, 2030
FIG 16 LAMEA Pancrelipase Market by Country, 2019 - 2030, USD Million
FIG 17 Swot Analysis: AbbVie, Inc.
FIG 18 SWOT Analysis: Nestle S.A