Mexico Anti-vascular Endothelial Growth Factor Therapeutics Market Size & Outlook
Mexico anti-vascular endothelial growth factor therapeutics market, 2017-2028 (US$M)
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Mexico anti-vascular endothelial growth factor therapeutics market highlights
- The Mexico anti-vascular endothelial growth factor therapeutics market generated a revenue of USD 66.7 million in 2021 and is expected to reach USD 78.0 million by 2028.
- The Mexico market is expected to grow at a CAGR of 2.2% from 2022 to 2028.
- In terms of segment, eylea was the largest revenue generating product in 2021.
- Eylea is the most lucrative product segment registering the fastest growth during the forecast period.
Anti-vascular endothelial growth factor therapeutics market data book summary
| Market revenue in 2021 | USD 66.7 million |
| Market revenue in 2028 | USD 78.0 million |
| Growth rate | 2.2% (CAGR from 2021 to 2028) |
| Largest segment | Eylea |
| Fastest growing segment | Eylea |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Eylea, Lucentis |
| Key market players worldwide | Roche Holding AG ADR, Biogen Inc, Pfizer Inc, Amgen Inc, Bausch Health Companies Inc, Viatris Inc, Coherus BioSciences Inc |
Other key industry trends
- In terms of revenue, Mexico accounted for 0.5% of the global anti-vascular endothelial growth factor therapeutics market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Latin America, Brazil anti-vascular endothelial growth factor therapeutics market is projected to lead the regional market in terms of revenue in 2028.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 78.0 million by 2028.
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Anti-Vascular Endothelial Growth Factor Therapeutics Market Scope
Anti-Vascular Endothelial Growth Factor Therapeutics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico anti-vascular endothelial growth factor therapeutics 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 anti-vascular endothelial growth factor therapeutics market will help companies and investors design strategic landscapes.
Eylea was the largest segment with a revenue share of 56.22% in 2021. Horizon Databook has segmented the Mexico anti-vascular endothelial growth factor therapeutics market based on eylea, lucentis covering the revenue growth of each sub-segment from 2017 to 2028.
Mexico’s anti-VEGF therapeutics market is anticipated to witness growth over the forecast period, owing to factors such as a large patient pool and improving government initiatives. According to an article, around 7.0% of the patients were affected by AMD in 2018.
In addition, a report suggested that the Mexican government spent around 5.5% of the GDP in the hospital and outpatient care sectors in 2018. Research initiatives are expected to contribute to market growth. In September 2018, Asociación Para Evitar la Ceguera en México conducted a comparative study to analyze the efficacy of aflibercept and ranibizumab from a single dose in patients.
In November 2019, Mexican Social Security Institute (IMSS) invested USD 677.2 million for the development of 111 new hospitals. The government has planned to develop the advanced healthcare infrastructure comparable to Canada, the UK, and Denmark over the next two years. This investment may help bridge the infrastructure gap and create a better healthcare system.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico anti-vascular endothelial growth factor therapeutics market , including forecasts for subscribers. This country databook contains high-level insights into Mexico anti-vascular endothelial growth factor therapeutics market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Mexico anti-vascular endothelial growth factor therapeutics market size, by product, 2017-2028 (US$M)
Mexico Anti-Vascular Endothelial Growth Factor Therapeutics Market Outlook Share, 2021 & 2028 (US$M)
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