Market revenue in 2022 | USD 45.1 million |
Market revenue in 2030 | USD 223.4 million |
Growth rate | 22.1% (CAGR from 2022 to 2030) |
Largest segment | Cell therapy |
Fastest growing segment | Gene Therapy |
Historical data | 2018 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Gene Therapy, Cell Therapy |
Key market players worldwide | Lonza Group Ltd, Bluebird bio Inc, Catalent Inc, Roche, Samsung BioLogics, Boehringer Ingelheim, Hitachi Ltd, Takara Bio Inc, Miltenyi Biotec, Thermo Fisher Scientific Inc, Novartis AG ADR, Merck KGaA, Wuxi AppTec Co Ltd |
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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 cell and gene therapy manufacturing market will help companies and investors design strategic landscapes.
Cell therapy was the largest segment with a revenue share of 66.96% in 2022. Horizon Databook has segmented the Mexico cell and gene therapy manufacturing market based on gene therapy, cell therapy covering the revenue growth of each sub-segment from 2018 to 2030.
In recent years, Mexico has gained increasing attention in medical tourism related to stem cell therapies. However, these stem cell therapies are unapproved. This may affect the manufacturing sector of cell & gene therapies.
Furthermore, increasing investments in R&D on stem cells is anticipated to drive demand in the country, in turn, leading to increase in revenues. For instance, in July 2019, Stem Cell Bank of Switzerland invested USD 50 million in the Mexican market to offer stem cell treatment services for diseases such as multiple sclerosis, diabetes, encephalopathies, & others.
Such growing investments are anticipated to accelerate cell and gene therapy manufacturing market. On the contrary, there are some challenges related to gene therapy, such as patentability and legal issues, in the country. Thus, an unclear legal framework may hamper adoption of gene therapy manufacturing, thereby restraining growth of gene delivery technologies in the country.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico cell and gene therapy manufacturing market , including forecasts for subscribers. This country databook contains high-level insights into Mexico cell and gene therapy manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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