Mexico Large Molecule Drug Substance Cdmo Market Size & Outlook
Mexico large molecule drug substance cdmo market, 2018-2030 (US$M)
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Mexico large molecule drug substance cdmo market highlights
- The Mexico large molecule drug substance cdmo market generated a revenue of USD 53.3 million in 2023 and is expected to reach USD 98.5 million by 2030.
- The Mexico market is expected to grow at a CAGR of 9.2% from 2024 to 2030.
- In terms of segment, contract manufacturing was the largest revenue generating service in 2023.
- Contract Development is the most lucrative service segment registering the fastest growth during the forecast period.
Large molecule drug substance cdmo market data book summary
| Market revenue in 2023 | USD 53.3 million |
| Market revenue in 2030 | USD 98.5 million |
| Growth rate | 9.2% (CAGR from 2023 to 2030) |
| Largest segment | Contract manufacturing |
| Fastest growing segment | Contract Development |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Contract Manufacturing, Contract Development |
| Key market players worldwide | Eurofins Scientific SE, WuXi Biologics (Cayman) Inc, Catalent Inc, AGC Inc, Siegfried Holding AG, Boehringer Ingelheim, FUJIFILM Holdings Corp, Samsung BioLogics, Rentschler Biopharma SE, Recipharm |
Other key industry trends
- In terms of revenue, Mexico accounted for 0.4% of the global large molecule drug substance cdmo market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil large molecule drug substance cdmo 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 128.5 million by 2030.
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Large Molecule Drug Substance CDMO Market Scope
Large Molecule Drug Substance CDMO Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico large molecule drug substance cdmo 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 large molecule drug substance cdmo market will help companies and investors design strategic landscapes.
Contract manufacturing was the largest segment with a revenue share of 66.98% in 2023. Horizon Databook has segmented the Mexico large molecule drug substance cdmo market based on contract manufacturing, contract development covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico is an attractive destination for outsourcing of clinical trials due to low cost. As people in Mexico cannot afford treatment for chronic diseases, they usually prefer participating in trials.
Hence, availability of diverse patient pool is one of the primary drivers. Establishment of a regulatory entity, the Federal Commission for the Protection against Sanitary Risk (COFEPRIS), and reducing the setup time for clinical trials to 2 months have attracted many clients.
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Our clientele includes a mix of large molecule drug substance cdmo market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico large molecule drug substance cdmo market , including forecasts for subscribers. This country databook contains high-level insights into Mexico large molecule drug substance cdmo market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico large molecule drug substance cdmo market size, by service, 2018-2030 (US$M)
Mexico Large Molecule Drug Substance CDMO Market Outlook Share, 2023 & 2030 (US$M)
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