Market revenue in 2023 | USD 13.0 million |
Market revenue in 2030 | USD 24.2 million |
Growth rate | 9.3% (CAGR from 2023 to 2030) |
Largest segment | Pharmaceuticals |
Fastest growing segment | Devices |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Pharmaceuticals, Devices |
Key market players worldwide | Johnson & Johnson, Cipla Ltd DR, Sun Pharmaceutical Industries, Merck & Co Inc, Dr. Reddy’s Laboratories, Cardiff Lexington Corp, Amgen Inc, Theradome, Aurobindo Pharma, Curallux, Apira Science |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to androgenetic alopecia market will help companies and investors design strategic landscapes.
Pharmaceuticals was the largest segment with a revenue share of 98.46% in 2023. Horizon Databook has segmented the Mexico androgenetic alopecia market based on pharmaceuticals, devices covering the revenue growth of each sub-segment from 2018 to 2030.
The androgenetic alopecia market in Mexico is expected to exhibit a significant growth rate over the forecast period. Mexico’s proximity to the U.S. is expected to create major opportunities as it provides access to modern healthcare tools, technologies, and human resources.
Moreover, the geriatric population in Mexico accounts for 7% of its total population, slightly lower than Argentina’s 11% and Brazil’s 9%. However, the overall population in Mexico is nearly three times that of Argentina, which makes it one of the lucrative markets for AGA treatment in Latin America.
The increasing healthcare expenditure of the country may bridge the infrastructure gap. In 2020, the per capita healthcare expenditure was USD 538.57, and it is expected to increase in the coming decade. The major share of AGA treatment was reported for minoxidil, which was 26.5%, followed by 5- ARI medications, such as Alpha-Estradiol (topical) at 10.7% and Finasteride with 10.2%.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico androgenetic alopecia market , including forecasts for subscribers. This country databook contains high-level insights into Mexico androgenetic alopecia market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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