Mexico Branded Generics Market Size & Outlook, 2021-2030
Mexico branded generics market, 2018-2030 (US$M)
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Mexico branded generics market highlights
- The Mexico branded generics market generated a revenue of USD 3.7 billion in 2021 and is expected to reach USD 6.0 billion by 2030.
- The Mexico market is expected to grow at a CAGR of 5.6% from 2022 to 2030.
- In terms of segment, anti-hypertensive was the largest revenue generating drug class in 2021.
- Hormones is the most lucrative drug class segment registering the fastest growth during the forecast period.
Branded generics market data book summary
| Market revenue in 2021 | USD 3.7 billion |
| Market revenue in 2030 | USD 6.0 billion |
| Growth rate | 5.6% (CAGR from 2021 to 2030) |
| Largest segment | Anti-hypertensive |
| Fastest growing segment | Hormones |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Alkylating Agents, Antimetabolites, Hormones, Anti-hypertensive, Lipid Lowering drugs, Anti-depressants, Anti-psychotics, Anti-epileptics |
| Key market players worldwide | Teva Pharmaceutical Industries Ltd, Lupin, Sanofi SA, Sun Pharmaceutical Industries, Dr. Reddy’s Laboratories, GlaxoSmithKline, Pfizer Inc, Apotex Inc., Viatris Inc |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.6% of the global branded generics market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil branded generics 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 6.0 billion by 2030.
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Branded Generics Market Scope
Branded Generics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico branded generics 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 branded generics market will help companies and investors design strategic landscapes.
Anti-hypertensive was the largest segment with a revenue share of 16.22% in 2021. Horizon Databook has segmented the Mexico branded generics market based on alkylating agents, antimetabolites, hormones, anti-hypertensive, lipid lowering drugs, anti-depressants, anti-psychotics, anti-epileptics covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico is the second-largest pharmaceutical market in Latin America followed by Brazil. The branded generics market is anticipated to witness moderately high growth over the forecast period owing to increasing investments by generic players coupled with government initiatives.
According to the National Association of Drug Manufacturers, 86% of pharmaceuticals used in the country are produced internally, which makes the country highly self-sufficient. In addition, strategic initiatives by global players further accelerate market growth.
As per a survey in 2019, around 87.2% of Mexican patients buy generic products, which is anticipated to drive market growth. Moreover, regulatory bodies in the country, such as COFEPRIS, are undertaking various strategic initiatives to increase availability generic drugs in the Mexican market, thereby reducing the out-ofpocket spending of individuals.
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Our clientele includes a mix of branded generics 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 branded generics market , including forecasts for subscribers. This country databook contains high-level insights into Mexico branded generics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico branded generics market size, by drug class, 2018-2030 (US$M)
Mexico Branded Generics Market Outlook Share, 2021 & 2030 (US$M)
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