Mexico Pharmaceutical Analytical Testing Outsourcing Market Size & Outlook
The pharmaceutical analytical testing outsourcing market in Mexico is expected to reach a projected revenue of US$ 75.6 million by 2030. A compound annual growth rate of 8% is expected of Mexico pharmaceutical analytical testing outsourcing market from 2023 to 2030.
Revenue, 2022 (US$M)
$40.9
Forecast, 2030 (US$M)
$75.6
CAGR, 2023 - 2030
8%
Report Coverage
Mexico
Mexico pharmaceutical analytical testing outsourcing market, 2018-2030 (US$M)
Related Markets
Mexico pharmaceutical analytical testing outsourcing market highlights
- The Mexico pharmaceutical analytical testing outsourcing market generated a revenue of USD 40.9 million in 2022 and is expected to reach USD 75.6 million by 2030.
- The Mexico market is expected to grow at a CAGR of 8% from 2023 to 2030.
- In terms of segment, bioanalytical testing was the largest revenue generating services in 2022.
- Bioanalytical Testing is the most lucrative services segment registering the fastest growth during the forecast period.
Pharmaceutical analytical testing outsourcing market data book summary
| Market revenue in 2022 | USD 40.9 million |
| Market revenue in 2030 | USD 75.6 million |
| Growth rate | 8% (CAGR from 2023 to 2030) |
| Largest segment | Bioanalytical testing |
| Fastest growing segment | Bioanalytical Testing |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bioanalytical Testing, Method Development & Validation, Stability Testing |
Other key industry trends
- In terms of revenue, Mexico accounted for 0.9% of the global pharmaceutical analytical testing outsourcing market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil pharmaceutical analytical testing outsourcing market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 75.6 million by 2030.
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Pharmaceutical Analytical Testing Outsourcing Market Scope
Pharmaceutical analytical testing outsourcing market segmentation & scope
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Pharmaceutical Analytical Testing Outsourcing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico pharmaceutical analytical testing outsourcing market size, by services, 2018-2030 (US$M)
Mexico Pharmaceutical Analytical Testing Outsourcing Market Outlook Share, 2022 & 2030 (US$M)
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