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Mexico Pharmaceutical Market worth $22.5 Billion with 7% CAGR to 2020 Says a New Report Available at MarketOptimizer.org
Date:7/20/2014

Dallas, Texas (PRWEB) July 20, 2014

The population of Mexico was approximately 118.8 million in 2013, and is estimated to grow at a Compound Annual Growth Rate (CAGR) of 1.8%, to approximately 128.6 million in 2020. This is due to a positive balance between the birth and mortality rates. The government has been successful in implementing the steps necessary for achieving universal healthcare coverage, such as reforms in the System of Social Protection in Health (Sistema de Protección Social en Salud). The value of the Mexican pharmaceutical market amounted to $14 billion, in 2013, and is expected to increase at a CAGR of 7% to reach approximately $22.5 billion in 2020. The medical device market was worth $3.6 billion in 2013 and is projected to reach $5.4 billion in 2020, at a CAGR of 6.1%. These positive growth trends can be attributed primarily to government initiatives in the public healthcare sector and an improved and updated regulatory environment.

Complete Report Available @ http://www.marketoptimizer.org/countryfocus-healthcare-regulatory-and-reimbursement-landscape-mexico.html .

“CountryFocus: Healthcare, Regulatory and Reimbursement Landscape Mexico." The report is an essential source of information and analysis on the healthcare, regulatory and reimbursement landscape in Mexico. It identifies the key trends in the country’s healthcare market and provides insights into its healthcare infrastructure and demographic, regulatory and reimbursement landscape. Most importantly, the report provides valuable insights into the trends and segmentation of its p
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