Mexico Asthma Therapeutics Market Size & Outlook
Mexico asthma therapeutics market, 2018-2030 (US$M)
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Mexico asthma therapeutics market highlights
- The Mexico asthma therapeutics market generated a revenue of USD 303.6 million in 2023 and is expected to reach USD 477.3 million by 2030.
- The Mexico market is expected to grow at a CAGR of 6.7% from 2024 to 2030.
- In terms of segment, anti- inflammatories was the largest revenue generating drug class in 2023.
- Combination therapy is the most lucrative drug class segment registering the fastest growth during the forecast period.
Asthma therapeutics market data book summary
| Market revenue in 2023 | USD 303.6 million |
| Market revenue in 2030 | USD 477.3 million |
| Growth rate | 6.7% (CAGR from 2023 to 2030) |
| Largest segment | Anti- inflammatories |
| Fastest growing segment | Combination therapy |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Anti- inflammatories, Bronchodilators, Combination therapy |
| Key market players worldwide | Teva Pharmaceutical Industries Ltd, GSK PLC, Merck & Co Inc, Roche Holding AG, AstraZeneca PLC, Boehringer Ingelheim, Sanofi SA, Koninklijke Philips NV, BD, Corvus Pharmaceuticals Inc |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.1% of the global asthma therapeutics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil asthma therapeutics market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 728.8 million by 2030.
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Asthma Therapeutics Market Scope
Asthma Therapeutics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico asthma 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 asthma therapeutics market will help companies and investors design strategic landscapes.
Anti- inflammatories was the largest segment with a revenue share of 61.99% in 2023. Horizon Databook has segmented the Mexico asthma therapeutics market based on anti- inflammatories, bronchodilators, combination therapy covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico has a high rate of lung diseases. With the rapid growth in the country’s biotechnology & biopharmaceutical industries due to the increasing number of startups & rising investments, the market is anticipated to witness significant growth over the forecast period.
Factors such as unhealthy diets, physical inactivity, and insufficient awareness about lifestyle-induced disorders are responsible for the growing disease burden. According to NIH, in Mexico, epidemiological data reveals that the prevalence of physician-diagnosed asthma in adults is 3.3% in men and 6.2% in women.
Notably, in children and adolescents, findings from a study by Morales-Romero and colleagues indicate a reported prevalence of 12.7%. Moreover, nonprofit organizations such as the International Community Foundation (ICF) are working toward increasing health, education, and environmental grantmaking to local organizations in Mexico.
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Target buyers of Mexico asthma therapeutics market databook
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Our clientele includes a mix of asthma therapeutics 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 asthma therapeutics market , including forecasts for subscribers. This country databook contains high-level insights into Mexico asthma therapeutics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico asthma therapeutics market size, by drug class, 2018-2030 (US$M)
Mexico Asthma Therapeutics Market Outlook Share, 2023 & 2030 (US$M)
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