Market size and recent performance (2009-2024)
Industry revenue has grown at a CAGR of 0.2% over the past five years, to reach an estimated $203.3bn in 2019.
Trends and Insights
- A growing population and a decline in mortality have benefited the industry
- Additional trends and insights available with purchase
Biggest companies in the Pharmaceutical Products Manufacturing in Mexico
| Company
2019 | Market Share (%)
2019 | Revenue ($m)
2019 | Profit ($m)
2019 | Profit Margin (%)
2019 |
|---|---|---|---|---|
Bayer AG | ||||
Pfizer Inc. | ||||
Laboratorios de Sanfer SA de CV |
To view the market share and analysis for all 4 top companies in this industry, view purchase options.
Products & Services Segmentation
Industry revenue is measured across several distinct product and services lines, including Production of active ingredients and other primary products, Production of medications for human use and Production of medications for veterinary use. Production of active ingredients and other primary products is the largest segment of the Pharmaceutical Products Manufacturing in Mexico.
Trends and Insights
• The production of specialty human medications constitutes the industry's largest product segment, at an estimated 48.2%.
- This segment includes oral, inhaled or injectable medications.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
Over the five years to 2019, revenue for the Pharmaceutical Products Manufacturing industry in Mexico has grown marginally. The industry comprises establishments that manufacture pharmaceutical preparations and companies that produce raw materials used in the pharmaceutical product manufacturing process. Disposable medical material manufacturers are not included in this industry. IBISWorld estimates that industry revenue has grown an annualized 0.2% to MXN $203.3 billion over the five years to 2019. During the period, the industry has benefited from an aging population, a decline in mortality, growing consumer spending and increased accessibility to medications. Growth in nominal terms has been largely offset by growth in inflation during the period, which has significantly tempered revenue growth in real terms.
What's included in this industry?
Manufacturing raw materials used in to produce pharmaceutical preparationsManufacturing pharmaceutical preparationsManufacturing over-the-counter consumer medicinesProduction of active ingredients and other primary productsProduction of medications for human useProduction of medications for veterinary useProduction of vitamins and supplementsAll other productsCompanies
Bayer AGPfizer Inc.Laboratorios de Sanfer SA de CVPurchase this report to view all 4 major companies in this industry.
Related Terms
BIOLOGICCOFEPRISOVER-THE-COUNTER (OTC) DRUGSIndustry Code
NAICS 32541MX - Pharmaceutical Products Manufacturing in Mexico
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Aggregate private investment. Private investment in research and development drives growth for the industry through innovation and the development of new blockbuster drugs. Th...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2009-2018) and forecast (2019-2024)
- Employees, including historical (2009-2018) and forecast (2019-2024)
- Businesses, including historical (2009-2018) and forecast (2019-2024)
- Profit, including historical (2009-2019)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
• The production of specialty human medications constitutes the industry's largest product segment, at an estimated 48.2%. This segment includes oral, inhaled or injectab...
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2019
- Product innovation level
Charts
- Products & services segmentation in 2019
- Major market segmentation in 2019
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Pharmaceutical Products Manufacturing industry establishments are primarily concentrated in the western part of Mexico. In 2019, the Southwestern region is estimated to accoun...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2019
Tables
- Number and share of establishments in each region in 2019
- Number and share of revenue each region accounts for in 2019
- Number and share of wages each region accounts for in 2019
- Number and share of employees in each region in 2019
Detailed analysis
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Ability to quickly adopt new technology. This industry is characterized by a rapid rate of technological change; therefore, industry operators that can adapt will be the most ...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2014-2019
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Bayer AG (Bayer) is a German multinational pharmaceutical and life-sciences company, one of the largest in the word. The company is headquartered in Leverkusen, Germany, and w...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2015 through 2019
- Major companies in the industry, including market share, revenue, profit and profit margin in 2019
- Overview of Bayer AG's performance by revenue, market share and profit margin from 2013 through 2019
- Overview of Pfizer Inc.'s performance by revenue, market share and profit margin from 2013 through 2019
- Overview of Laboratorios de Sanfer SA de CV's performance by revenue, market share and profit margin from 2013 through 2019
- Overview of revenue, market share and profit margin trend for one additional company
Detailed analysis
- Description and key data for Bayer AG, and factors influencing its performance in the industry
- Description and key data for Pfizer Inc., and factors influencing its performance in the industry
- Description and key data for Laboratorios de Sanfer SA de CV, and factors influencing its performance in the industry
- Description, key data and performance trends for one additional company
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
The Pharmaceutical Products Manufacturing industry is subject to high a level of regulatory oversight. The regulatory framework for this industry consists of laws, official Me...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
Detailed analysis
- Demographic and macroeconomic factors influencing the industry
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2009-2024)
- IVA (2009-2024)
- Establishments (2009-2024)
- Enterprises (2009-2024)
- Employment (2009-2024)
- Exports (2009-2024)
- Imports (2009-2024)
- Wages (2009-2024)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the estimated market size of the Pharmaceutical Products Manufacturing industry in Mexico in 2019?
The market size of the Pharmaceutical Products Manufacturing industry in Mexico is $203.3bn in 2019.
How many businesses are there in the Pharmaceutical Products Manufacturing in Mexico industry in 2019?
There are 490 businesses in the Pharmaceutical Products Manufacturing industry in Mexico, which has declined at a CAGR of -0.9% between 2014 and 2019.
Has the Pharmaceutical Products Manufacturing industry in Mexico grown or declined over the past 5 years?
The market size of the Pharmaceutical Products Manufacturing industry in Mexico has been at a CAGR of 0.2% between 2014 and 2019.
What is the forecast growth of the Pharmaceutical Products Manufacturing industry in Mexico over the next 5 years?
The Pharmaceutical Products Manufacturing in Mexico market is forecast to over the five years from 2019 to 2024
What are the biggest companies in the Pharmaceutical Products Manufacturing market in Mexico?
The biggest companies operating in the Pharmaceutical Products Manufacturing market in Mexico are Bayer AG, Pfizer Inc. and Laboratorios de Sanfer SA de CV
What does the Pharmaceutical Products Manufacturing in Mexico include?
Manufacturing raw materials used in to produce pharmaceutical preparations and Manufacturing pharmaceutical preparations are part of the Pharmaceutical Products Manufacturing industry.
Which companies have the highest market share in the Pharmaceutical Products Manufacturing in Mexico?
The company holding the most market share in Mexico is Bayer AG.
How many people are/were employed in the Pharmaceutical Products Manufacturing in Mexico in 2019?
There are 80,630 employed in the Pharmaceutical Products Manufacturing industry in Mexico 2019.
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Methodology
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Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
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