Mexico Antiviral Drugs Market Size & Outlook, 2022-2030
Mexico antiviral drugs market, 2018-2030 (US$M)
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Mexico antiviral drugs market highlights
- The Mexico antiviral drugs market generated a revenue of USD 1,007.8 million in 2022 and is expected to reach USD 885.4 million by 2030.
- The Mexico market is expected to grow at a CAGR of -1.6% from 2023 to 2030.
- In terms of segment, hiv was the largest revenue generating application in 2022.
- Herpes is the most lucrative application segment registering the fastest growth during the forecast period.
Antiviral drugs market data book summary
| Market revenue in 2022 | USD 1,007.8 million |
| Market revenue in 2030 | USD 885.4 million |
| Growth rate | -1.6% (CAGR from 2022 to 2030) |
| Largest segment | Hiv |
| Fastest growing segment | Herpes |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | HIV, Hepatitis, Herpes, Influenza |
| Key market players worldwide | Roche Holding AG, GSK PLC ADR, AbbVie Inc, Merck & Co Inc, Johnson & Johnson, Bristol-Myers Squibb Co, Dr Reddy's Laboratories Ltd ADR, Aurobindo Pharma |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.4% of the global antiviral drugs market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil antiviral drugs 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 885.4 million by 2030.
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Antiviral Drugs Market Scope
Antiviral Drugs Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico antiviral drugs 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 antiviral drugs market will help companies and investors design strategic landscapes.
Hiv was the largest segment with a revenue share of 34.31% in 2022. Horizon Databook has segmented the Mexico antiviral drugs market based on hiv, hepatitis, herpes, influenza covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico’s pharmaceutical industry is the second-largest pharmaceutical industry in Latin America. Its growth is primarily due to the local presence of key market players, an increasing number of startups, and rising investments, collectively anticipated to fuel the market growth.
Furthermore, increasing medical tourism in Mexico due to the availability of cost-effective healthcare services is expected to make Mexico a preferred designation for treatment in the region. These factors are expected to boost the demand for HSV therapeutics in the country.
Mexico has a high rate of viral diseases coupled with the growth of the country's biotechnology & biopharmaceutical industries, owing to the increasing number of startups and rising investments. These factors are expected to contribute to the market growth. Some of the key players in Mexico are Pfizer, Inc., GSK plc, and Sanofi.
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Our clientele includes a mix of antiviral drugs market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico antiviral drugs market , including forecasts for subscribers. This country databook contains high-level insights into Mexico antiviral drugs market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico antiviral drugs market size, by application, 2018-2030 (US$M)
Mexico Antiviral Drugs Market Outlook Share, 2022 & 2030 (US$M)
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