Mexico Androgenetic Alopecia Market Size & Outlook

The androgenetic alopecia market in Mexico is expected to reach a projected revenue of US$ 24.2 million by 2030. A compound annual growth rate of 9.3% is expected of Mexico androgenetic alopecia market from 2024 to 2030.
Revenue, 2023 (US$M)
$13.0
Forecast, 2030 (US$M)
$24.2
CAGR, 2024 - 2030
9.3%
Report Coverage
Mexico

Mexico androgenetic alopecia market, 2018-2030 (US$M)

Mexico

Mexico androgenetic alopecia market highlights

  • The Mexico androgenetic alopecia market generated a revenue of USD 13.0 million in 2023 and is expected to reach USD 24.2 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 9.3% from 2024 to 2030.
  • In terms of segment, pharmaceuticals was the largest revenue generating treatment in 2023.
  • Devices is the most lucrative treatment segment registering the fastest growth during the forecast period.


Androgenetic alopecia market data book summary

Market revenue in 2023USD 13.0 million
Market revenue in 2030USD 24.2 million
Growth rate9.3% (CAGR from 2023 to 2030)
Largest segmentPharmaceuticals
Fastest growing segmentDevices
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPharmaceuticals, Devices
Key market players worldwideJohnson & 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


Other key industry trends

  • In terms of revenue, Mexico accounted for 0.5% of the global androgenetic alopecia market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil androgenetic alopecia market is projected to lead the regional market in terms of revenue in 2030.
  • Mexico is the fastest growing regional market in Latin America and is projected to reach USD 24.2 million by 2030.

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Androgenetic Alopecia Market Companies

Name Profile # Employees HQ Website

Mexico androgenetic alopecia market outlook

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%.

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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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Mexico androgenetic alopecia market size, by treatment, 2018-2030 (US$M)

Mexico Androgenetic Alopecia Market Outlook Share, 2023 & 2030 (US$M)

Mexico androgenetic alopecia market size, by treatment, 2018-2030 (US$M)

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