2014-02-10 02:48:01 - Mexico Pharmaceuticals and Healthcare Report Q2 2014 - a new market research report on companiesandmarkets.com
We identified Mexico as ´the most promising emerging pharmaceutical market´ in September 2013, Shortly after this, the approval of the energy reform bill reinforced our view that, over the long term, healthier fiscal revenue will encourage the government to further increase public healthcare spending and improve national medical service standards. Multinational pharmaceutical companies will have more opportunities to fully capitalise on Mexico´s strong pharmaceuticals and healthcare market growth.
Headline Expenditure Projections:
- Pharmaceuticals: MXN192.41bn (US$14.97bn) in 2013 to MXN210.40bn (US$16.63bn) in 2014;
+9.3% in local currency terms and +11.1% in US dollar terms. Forecast increased from Q114 due to a positive macroeconomic outlook.
- Healthcare: MXN1,030.95bn (US$80.23bn) in 2013 to MXN1,120.06n (US$88.54bn) in 2014; +8.6% in local currency
terms and +10.4% in US dollar terms. Forecast increased from Q114 due to changes to macroeconomic forecasts.
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