Industry / Mexico
Big Changes Ahead For The Pharmaceutical Market
January 2010 | Industry Trend AnalysisThe composition of the Mexican drug market is forecast to change over the next five years. While patented drugs will remain the dominant contributor to the market, with a large market share by value of US$14.9bn by 2014, the generic drug segment will experience the highest compound annual growth rate (CAGR) - 30.6% between 2009 and 2014. Patented drugs will have a slower CAGR of 13.5% over this period.
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