Mexico Rheumatoid Arthritis Therapeutics Market Size & Outlook
Mexico rheumatoid arthritis therapeutics market, 2018-2030 (US$M)
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Mexico rheumatoid arthritis therapeutics market highlights
- The Mexico rheumatoid arthritis therapeutics market generated a revenue of USD 1,121.0 million in 2023 and is expected to reach USD 1,684.3 million by 2030.
- The Mexico market is expected to grow at a CAGR of 6% from 2024 to 2030.
- In terms of segment, biopharmaceuticals was the largest revenue generating molecule in 2023.
- Biopharmaceuticals is the most lucrative molecule segment registering the fastest growth during the forecast period.
Rheumatoid arthritis therapeutics market data book summary
| Market revenue in 2023 | USD 1,121.0 million |
| Market revenue in 2030 | USD 1,684.3 million |
| Growth rate | 6% (CAGR from 2023 to 2030) |
| Largest segment | Biopharmaceuticals |
| Fastest growing segment | Biopharmaceuticals |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pharmaceuticals, Biopharmaceuticals |
| Key market players worldwide | Boehringer Ingelheim, Novartis AG ADR, Regeneron Pharmaceuticals Inc, Pfizer Inc, Bristol-Myers Squibb Co, Roche Holding AG, UCB SA, Johnson & Johnson, Amgen Inc, AbbVie Inc |
Other key industry trends
- In terms of revenue, Mexico accounted for 4.5% of the global rheumatoid arthritis therapeutics 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. rheumatoid arthritis therapeutics market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 1,684.3 million by 2030.
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Rheumatoid Arthritis Therapeutics Market Scope
Rheumatoid Arthritis Therapeutics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico rheumatoid arthritis therapeutics 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 rheumatoid arthritis therapeutics market will help companies and investors design strategic landscapes.
Biopharmaceuticals was the largest segment with a revenue share of 88.74% in 2023. Horizon Databook has segmented the Mexico rheumatoid arthritis therapeutics market based on pharmaceuticals, biopharmaceuticals covering the revenue growth of each sub-segment from 2018 to 2030.
The Mexico rheumatoid arthritis therapeutics market is influenced by various factors, including treatment patterns, drug availability, and healthcare system dynamics. However, specific data on the market trends in Mexico are limited.
Nevertheless, insights can be drawn from broader trends in Latin America and global pharmaceutical developments. In recent years, there has been a growing focus on the development and approval of biosimilar drugs for the treatment of RA.
Biosimilars offer more affordable alternatives to branded biologic therapies, potentially expanding access to treatment for patients in Mexico. Additionally, the Mexican government's efforts to improve healthcare access and affordability may further impact the RA therapeutics market.
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Target buyers of Mexico rheumatoid arthritis therapeutics market databook
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Our clientele includes a mix of rheumatoid arthritis therapeutics 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 rheumatoid arthritis therapeutics market, including forecasts for subscribers. This country databook contains high-level insights into Mexico rheumatoid arthritis therapeutics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico rheumatoid arthritis therapeutics market size, by molecule, 2018-2030 (US$M)
Mexico Rheumatoid Arthritis Therapeutics Market Share, 2023 & 2030 (US$M)
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