Mexico - Latin America Cell And Gene Therapy Manufacturing Market Size & Outlook
The cell and gene therapy manufacturing market in Mexico - Latin America is expected to reach a projected revenue of US$ 223.4 million by 2030. A compound annual growth rate of 22.1% is expected of Mexico - Latin America cell and gene therapy manufacturing market from 2023 to 2030.
Mexico cell and gene therapy manufacturing market highlights
The Mexico cell and gene therapy manufacturing market generated a revenue of USD 45.1 million in 2022 and is expected to reach USD 223.4 million by 2030.
The Mexico market is expected to grow at a CAGR of 22.1% from 2023 to 2030.
In terms of segment, cell therapy was the largest revenue generating therapy type in 2022.
Gene Therapy is the most lucrative therapy type segment registering the fastest growth during the forecast period.
Cell and gene therapy manufacturing market data book summary
Market revenue in 2022
USD 45.1 million
Market revenue in 2030
USD 223.4 million
Growth rate
22.1% (CAGR from 2023 to 2030)
Largest segment
Cell therapy
Fastest growing segment
Gene Therapy
Historical data
2018 - 2021
Base year
2022
Forecast period
2023 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Gene Therapy, Cell Therapy
Key market players worldwide
Lonza Group Ltd, Bluebird bio Inc, Catalent Inc, Roche, Samsung BioLogics, Boehringer Ingelheim, Hitachi Ltd, Takara Bio Inc, Miltenyi Biotec, Thermo Fisher Scientific Inc, Novartis AG ADR, Merck KGaA, Wuxi AppTec Co Ltd
Other key industry trends
In terms of revenue, Mexico accounted for 0.6% of the global cell and gene therapy manufacturing market in 2022.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Latin America, Brazil cell and gene therapy manufacturing market is projected to lead the regional market in terms of revenue in 2030.
Brazil is the fastest growing regional market in Latin America and is projected to reach USD 342.1 million by 2030.
In recent years, Mexico has gained increasing attention in medical tourism related to stem cell therapies. However, these stem cell therapies are unapproved. This may affect the manufacturing sector of cell & gene therapies.
Furthermore, increasing investments in R&D on stem cells is anticipated to drive demand in the country, in turn, leading to increase in revenues. For instance, in July 2019, Stem Cell Bank of Switzerland invested USD 50 million in the Mexican market to offer stem cell treatment services for diseases such as multiple sclerosis, diabetes, encephalopathies, & others.
Such growing investments are anticipated to accelerate cell and gene therapy manufacturing market. On the contrary, there are some challenges related to gene therapy, such as patentability and legal issues, in the country. Thus, an unclear legal framework may hamper adoption of gene therapy manufacturing, thereby restraining growth of gene delivery technologies in the country.
Mexico - Latin America Cell And Gene Therapy Manufacturing 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 Cell And Gene Therapy Manufacturing Market Outlook will help companies and investors design strategic landscapes.
Cell Therapy was the largest segment with a revenue share of 66.96% in 2022.
Horizon Databook has segmented the Mexico - Latin America cell and gene therapy manufacturing market based on gene therapy, cell therapy covering the revenue growth of each sub-segment from 2018 to 2030.
In recent years, Mexico has gained increasing attention in medical tourism related to stem cell therapies. However, these stem cell therapies are unapproved. This may affect the manufacturing sector of cell & gene therapies.
Furthermore, increasing investments in R&D on stem cells is anticipated to drive demand in the country, in turn, leading to increase in revenues. For instance, in July 2019, Stem Cell Bank of Switzerland invested USD 50 million in the Mexican market to offer stem cell treatment services for diseases such as multiple sclerosis, diabetes, encephalopathies, & others.
Such growing investments are anticipated to accelerate cell and gene therapy manufacturing market. On the contrary, there are some challenges related to gene therapy, such as patentability and legal issues, in the country. Thus, an unclear legal framework may hamper adoption of gene therapy manufacturing, thereby restraining growth of gene delivery technologies in the country.
Mexico - Latin America Cell And Gene Therapy Manufacturing Market Therapy Type Outlook (Revenue, USD Million , 2018-2030)
Gene Therapy
Cell Therapy
Mexico - Latin America Cell And Gene Therapy Manufacturing Market Scale Outlook (Revenue, USD Million , 2018-2030)
Pre-commercial/ R&D Scale
Commercial Scale
Mexico - Latin America Cell And Gene Therapy Manufacturing Market Mode Outlook (Revenue, USD Million , 2018-2030)
Contract manufacturing
In house manufacturing
Mexico - Latin America Cell And Gene Therapy Manufacturing Market Workflow Outlook (Revenue, USD Million , 2018-2030)
Cell Processing
Cell Banking
Process Development
Fill & Finish Operations
Analytical & Quality Testing
Raw Material Testing
Vector Production
Others
Mexico - Latin America Cell And Gene Therapy Manufacturing Market Indication Outlook (Revenue, USD Million , 2018-2030)
Acute Lymphoblastic Leukemia (ALL)
Inherited Retinal Disease
Malignancies
Musculoskeletal therapies
Autoimmune disorders
Dermatology
Large B-Cell Lymphoma
Spinal Muscular Atrophy (SMA)
Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico - Latin America Cell And Gene Therapy Manufacturing Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Mexico - Latin America Cell And Gene Therapy Manufacturing Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Mexico - Latin America Cell And Gene Therapy Manufacturing Market, 2018-2030 (US$M)