The Mexico Acute Lymphocytic Leukemia (ALL) Therapeutics Market was valued at US $50 Mn in 2022, and is predicted to grow at (CAGR) of 8.05% from 2023 to 2030, to US $92 Mn by 2030. The key drivers of this industry include a surge in the incidence of acute lymphocytic leukemia cases, rising demand for therapeutics, increased government funding initiatives, and other factors. The industry is primarily dominated by players such as Liomont, Novartis, Sanofi, Pfizer Inc, among other players.
The Mexico Acute Lymphocytic Leukemia (ALL) Therapeutics Market is at around US $50 Mn in 2022 and is projected to reach US $92 Mn in 2030, exhibiting a CAGR of 8.05% during the forecast period.
Acute lymphocytic leukemia (ALL) is a blood and bone marrow cancer that impacts lymphocytes, white blood cells essential for the immune system's functioning. This condition involves the rapid development of immature lymphocytes called lymphoblasts due to a mutation, leading to an accumulation of undifferentiated lymphocytes. Common symptoms include recurring infections, respiratory issues, weight loss, bone pain, and fever, among others. Managing ALL involves a comprehensive and prolonged treatment strategy that comprises chemotherapy, targeted therapies, CAR-T cell immunotherapy, and, in rare cases, stem cell transplantation. These advancements in treatment significantly enhance the possibility of a cure, often achieving notable success rates of approximately 80% in children and adults.
Mexico is a country located in the southern part of North America, ordering the USA. In Mexico, evidence suggests that the overall incidence of ALL is around 44.05%. With improved healthcare infrastructure that allows rapid diagnosis coupled with environmental factors, genetic predisposition, and modifiable risk factors, the prevalence is anticipated to increase. The market is therefore driven by major factors like the surge in the incidence of ALL cases, rising demand for therapeutics, and increased government funding in the therapeutics industry. However, conditions such as an unstable regulatory environment, affordability, and accessibility of therapeutics, among others, hinder the growth and potential of the market.
Market Growth Drivers
Increased incidence of ALL: The Instituto Mexicano del Seguro Social (IMSS) estimates that the overall incidence of ALL in Mexico is 44.05%. According to epidemiological studies using population-based registries, the incidence rate of ALL is highest in Mexican children. These statistics indicate the rising burden of ALL, which drives the industry.
Rising demand for therapeutics: The increasing prevalence of ALL in the city and the need for innovative and cost-effective therapeutic treatments are drivers of market growth.
Increased government funding: Mexico runs several initiatives to fund the healthcare needs of the population. The healthcare sector in Mexico has received considerable financing from the government and private players, which is anticipated to propel the growth of the ALL-therapeutics market in the country.
Technological Innovation: Innovation in the therapeutic market is significantly influenced by the expanding leadership of biotechnology in the Mexican health sector, including the use of genetic engineering and biopharmaceuticals. This technical innovation has the potential to contribute to the growth of ALL therapeutics market.
Market Restraints
Access and affordability: Advanced treatments such as CAR-T cell therapy and newer targeted medications are excessively costly for numerous Mexican patients, restricting their access to state-of-the-art treatment alternatives. In addition, the inequity in access of therapeutics acts as a hindrance.
Regulatory landscape: Mexico has a complex regulatory process that can delay its availability to end users.
Healthcare Infrastructure: Inadequate healthcare infrastructure in specific regions, shortages of qualified healthcare professionals, and limited availability of facilities that can provide advanced treatment produce inefficiencies in the system and may impede the availability and use of advanced ALL therapies across Mexico.
February 2023, COFEPRIS, Mexico's regulatory agency, granted approval for the use of Blinatumomab (Blincyto) CAR-T cell therapy in paediatric patients with relapsed or refractory B-cell ALL.
November 2022, COFEPRIS granted approval to Inotuzumab ozogamicin (IOGA), an antibody-drug conjugate for treating relapsed or refractory B-cell ALL in children and adolescents.
In Mexico, various significant authorities and agencies manage the healthcare policies and regulatory framework. The primary entity overseeing healthcare products, including pharmaceuticals, is the Federal Commission for Protection against Sanitary Risk (COFEPRIS). COFEPRIS holds responsibility for regulating, supervising, and authorizing health-related products, encompassing all therapeutics.
Besides COFEPRIS, the Mexican healthcare system involves a blend of public and private healthcare provisions. The public healthcare sector is managed by the Ministry of Health (Secretaría de Salud), entrusted with the responsibility of delivering healthcare services to the population.
Compliance with COFEPRIS requirements is a prerequisite for obtaining a license in Mexico. Before commercializing therapeutics, companies are required to get registration and marketing licenses from COFEPRIS. Technical and scientific data proving the product's efficacy, safety, and quality must be submitted as part of the registration process.
Mexico has a strong regulatory framework and a resilient healthcare system, creating an advantageous setting for businesses to function effectively. Additionally, its geographical proximity to the United States provides favourable market access, allowing companies to reach and engage with North American markets.
Key Players
1. Executive Summary
1.1 Disease Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Patient Journey
1.6 Health Insurance Coverage in Country
1.7 Active Pharmaceutical Ingredient (API)
1.8 Recent Developments in the Country
2. Market Size and Forecasting
2.1 Epidemiology of Disease
2.2 Market Size (With Excel & Methodology)
2.3 Market Segmentation (Check all Segments in Segmentation Section)
3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints
4. Competitive Landscape
4.1 Major Market Share
4.2 Key Company Profile (Check all Companies in the Summary Section)
4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)
5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment
6. Methodology and Scope
By Type
By Drug
By Cell
By Therapy
By Distribution channel
Methodology for Database Creation
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