Market revenue in 2023 | USD 514.5 million |
Market revenue in 2030 | USD 863.6 million |
Growth rate | 7.7% (CAGR from 2023 to 2030) |
Largest segment | Contraceptives |
Fastest growing segment | Endometriosis & Uterine Fibroids |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Hormonal Infertility, Contraceptives, Postmenopausal Osteoporosis, Endometriosis & Uterine Fibroids, Menopause, Polycystic Ovary Syndrome (PCOS) |
Key market players worldwide | AbbVie Inc, Bayer AG, Merck & Co Inc, Pfizer Inc, Teva Pharmaceutical Industries Ltd, Agile Therapeutics Inc, Amgen Inc, Apothecus, Blairex Laboratories, Ferring |
Contraceptives was the largest segment with a revenue share of 42.93% in 2023. Horizon Databook has segmented the Mexico women’s health market based on hormonal infertility, contraceptives, postmenopausal osteoporosis, endometriosis & uterine fibroids, menopause, polycystic ovary syndrome (pcos) covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico’s pharmaceutical industry is the second-largest pharmaceutical industry in Latin America. Its growth is primarily due to the local presence of key market players, an increasing number of startups, and rising investments.
For instance, in October 2023, Merck KGaA launched a comprehensive Fertility Benefit program that will offer financial support to its employees and partners for fertility treatments in eight major markets: the UK, Germany, China, India, Mexico, Brazil, Switzerland, and Taiwan.
Women are at a higher risk of reproductive complications in this country. Government initiatives pertaining to reforming women’s health are expected to raise awareness and educate women regarding female reproductive health.
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