Mexico Cancer Supportive Care Drugs Market Size & Outlook
Mexico cancer supportive care drugs market, 2018-2030 (US$M)
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Mexico cancer supportive care drugs market highlights
- The Mexico cancer supportive care drugs market generated a revenue of USD 229.5 million in 2023 and is expected to reach USD 206.9 million by 2030.
- The Mexico market is expected to grow at a CAGR of -1.5% from 2024 to 2030.
- In terms of segment, opioids was the largest revenue generating therapeutic class in 2023.
- NSAIDs and Others is the most lucrative therapeutic class segment registering the fastest growth during the forecast period.
Cancer supportive care drugs market data book summary
| Market revenue in 2023 | USD 229.5 million |
| Market revenue in 2030 | USD 206.9 million |
| Growth rate | -1.5% (CAGR from 2023 to 2030) |
| Largest segment | Opioids |
| Fastest growing segment | NSAIDs and Others |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | G-CSFs (Granulocyte-colony Stimulating Factors), ESAs (Erythropoiesis Stimulating Agents), Antiemetics, Bisphosphonates, Opioids, NSAIDs and Others |
| Key market players worldwide | Amgen Inc, Merck & Co Inc, Johnson & Johnson, Heron Therapeutics Inc, Novartis AG ADR, GSK PLC, Roche Holding AG ADR, Helsinn Healthcare |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.7% of the global cancer supportive care drugs market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. cancer supportive care drugs market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 551.0 million by 2030.
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Cancer Supportive Care Drugs Market Scope
Cancer Supportive Care Drugs Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico cancer supportive care 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 cancer supportive care drugs market will help companies and investors design strategic landscapes.
Opioids was the largest segment with a revenue share of 26.19% in 2023. Horizon Databook has segmented the Mexico cancer supportive care drugs market based on g-csfs (granulocyte-colony stimulating factors), esas (erythropoiesis stimulating agents), antiemetics, bisphosphonates, opioids, nsaids and others covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico is anticipated to decline during the forecast period. High cancer prevalence and increased demand for chemotherapy associated cancer care drugs in the region are expected to boost the market. However, launch of biosimilars is expected to impede market growth. As per a 2020 report published in US National Library of Medicine, cancer is the third most common cause of mortality in Mexico, with breast and prostate cancers being the most common types in women & men, respectively.
Moreover, the prevalence of cancer has been growing over the past 20 years in the country, mainly due to lifestyle changes and physical inactivity. Increasing geriatric population is expected to triple by 2050 from 2015, which can further increase the prevalence of cancer, as per an article published in Oxford Academic. As per a 2018 article published in NCBI, access to innovative cancer medicines has increased over the years in Mexico.
However, compared to the U.S. and Canada, novel personalized drugs have not yet penetrated in this region, and most of them are not covered under insurance & reimbursement schemes. Thus, chemotherapy is among the most common treatments in the region, which creates demand for chemotherapy-associated cancer supportive care drugs.
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Target buyers of Mexico cancer supportive care drugs market databook
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Our clientele includes a mix of cancer supportive care 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 cancer supportive care drugs market , including forecasts for subscribers. This country databook contains high-level insights into Mexico cancer supportive care drugs market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico cancer supportive care drugs market size, by therapeutic class, 2018-2030 (US$M)
Mexico Cancer Supportive Care Drugs Market Outlook Share, 2023 & 2030 (US$M)
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