Mexico Healthcare Contract Manufacturing Market Size & Outlook
Mexico healthcare contract manufacturing market, 2018-2030 (US$M)
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Mexico healthcare contract manufacturing market highlights
- The Mexico healthcare contract manufacturing market generated a revenue of USD 5,735.9 million in 2023 and is expected to reach USD 10,516.6 million by 2030.
- The Mexico market is expected to grow at a CAGR of 9% from 2024 to 2030.
- In terms of segment, medical devices was the largest revenue generating type in 2023.
- Medical Devices is the most lucrative type segment registering the fastest growth during the forecast period.
Healthcare contract manufacturing market data book summary
| Market revenue in 2023 | USD 5,735.9 million |
| Market revenue in 2030 | USD 10,516.6 million |
| Growth rate | 9% (CAGR from 2023 to 2030) |
| Largest segment | Medical devices |
| Fastest growing segment | Medical Devices |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Medical Devices, Pharmaceutical |
| Key market players worldwide | Nordson Corp, Integer Holdings Corp, Jabil Inc, Viant Technology Inc Ordinary Shares - Class A, Flex Ltd, Celestica Inc Ordinary Shares (Subordinate Voting), Sanmina Corp, Plexus Corp, Molex, West Pharmaceutical Services Inc, Catalent Inc, Thermo Fisher Scientific Inc, Recipharm, Boehringer Ingelheim, Lonza Group Ltd, Samsung BioLogics, Wuxi AppTec Co Ltd, FUJIFILM Holdings Corp, Cambrex |
Other key industry trends
- In terms of revenue, Mexico accounted for 2.3% of the global healthcare contract manufacturing market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil healthcare contract manufacturing 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 13,727.4 million by 2030.
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Healthcare Contract Manufacturing Market Scope
Healthcare Contract Manufacturing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico healthcare contract manufacturing 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 healthcare contract manufacturing market will help companies and investors design strategic landscapes.
Medical devices was the largest segment with a revenue share of 51.51% in 2023. Horizon Databook has segmented the Mexico healthcare contract manufacturing market based on medical devices, pharmaceutical covering the revenue growth of each sub-segment from 2018 to 2030.
The introduction of the North American Free Trade Agreement (NAFTA) in the 1990s enabled U.S. firms to outsource manufacturing in the country through maquiladoras. Maquiladoras, duty free factories, employed Mexican labor force and were operated and/or owned by mainly U.S. firms, thus providing these companies access to skilled and low-cost labor.
Nonetheless, availability of shelter programs, presence of skilled labor, and stringent intellectual property & socially responsible manufacturing laws in the country are anticipated to drive the market growth.
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Target buyers of Mexico healthcare contract manufacturing market databook
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Our clientele includes a mix of healthcare contract manufacturing 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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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico healthcare contract manufacturing market , including forecasts for subscribers. This country databook contains high-level insights into Mexico healthcare contract manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico healthcare contract manufacturing market size, by type, 2018-2030 (US$M)
Mexico Healthcare Contract Manufacturing Market Outlook Share, 2023 & 2030 (US$M)
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