The Mexico Atopic Dermatitis Therapeutics Market was valued at US $185 Mn in 2022, and is predicted to grow at (CAGR) of 9.05% from 2023 to 2030, to US $369 Mn by 2030. The key drivers of this industry include the upward trend in prevalence of Atopic Dermatitis (AD), supportive government policies and shifting treatment preferences. The industry is primarily dominated by players such as Sanofi, AbbVie, Pfizer, Bayer, GlaxoSmithKline, Merck among others.
The Mexico Atopic Dermatitis Therapeutics Market is at around US $185 Mn in 2022 and is projected to reach US $369 Mn in 2030, exhibiting a CAGR of 9.05% during the forecast period.
Atopic dermatitis (AD), often known as eczema, is a chronic inflammatory skin illness characterized by redness, itching, and inflammation. It frequently develops in isolated patches on various body parts and can be aggravated by factors such as dry skin, stress, and exposure to specific irritants or allergens. The most noticeable symptoms are extreme itching, redness, dryness, and the formation of tiny, fluid-filled blisters that may leak fluid and create crusts. Emollients are commonly used to moisturize the skin, topical corticosteroids to reduce inflammation, and, in extreme situations, systemic immunosuppressants. Several pharmaceutical firms manufacture treatments for atopic dermatitis, including Regeneron Pharmaceuticals and Sanofi's Dupixent (Dupilumab), Pfizer's Eucrisa (Crisaborole), and Novartis' Elidel (Pimecrolimus).
The overall prevalence of AD is estimated to be around 7.4% for the adult population and around 8–15% for children in Brazil. The market is being driven by significant factors such as the rising prevalence of AD, an improved healthcare system, and the changing lifestyle of the population. However, conditions such as high treatment costs and a lack of human resources limit the growth and potential of the market.
Market Growth Drivers
Rising prevalence of AD: The estimated prevalence of atopic dermatitis is around 7.4% among adults and ranges from approximately 8.2% to 15.1% among children in Mexico. The expanding population affected by AD results in heightened demand for effective treatments, thereby driving market demand.
Improved healthcare system: The expansion of healthcare infrastructure and insurance coverage, coupled with increased public awareness about AD through initiatives such as the Atopic Dermatitis Quality of Care, motivates patients to actively pursue diagnosis and treatment, thereby enhancing market demand.
Changing lifestyle: With the increasing urbanization of Mexico, there is a potential rise in the risk of atopic dermatitis (AD) due to elevated exposure to environmental pollutants and allergens associated with urban living. This factor contributes to the continued growth of the market.
Market Restraints
Lack of human resources: Disparities in healthcare access based on geography can create challenges for individuals in rural areas or with lower socioeconomic backgrounds in obtaining accurate diagnosis and treatment. The unequal distribution of dermatologists, particularly in rural areas, creates obstacles to accessing diagnosis and proper treatment.
High cost of treatment: The substantial expense associated with specific medications, particularly newer biological therapies, can pose a considerable challenge for patients, particularly those lacking sufficient insurance coverage. The dependence on imported medications adds to the costs, as potential import duties and currency fluctuations contribute to the overall financial burden.
In Mexico, the regulatory landscape for health and pharmaceuticals is overseen by the Federal Commission for the Protection against Sanitary Risks (Comisión Federal para la Protección contra Riesgos Sanitarios, or COFEPRIS). COFEPRIS operates under the Ministry of Health and plays a pivotal role in regulating and supervising health products, including pharmaceuticals, medical devices, and healthcare services. It is responsible for ensuring that these products meet safety, efficacy, and quality standards before they are made available to the public. COFEPRIS works closely with other regulatory bodies and international organizations to align Mexico's health standards with global best practices.
The process of obtaining a license or drug approval in Mexico involves submitting a comprehensive application to COFEPRIS. The application typically includes detailed information about the product, its manufacturing processes, clinical trial data (if applicable), and compliance with relevant regulations. COFEPRIS conducts a thorough review of the submission, assessing the safety, efficacy, and quality of the product. If the product meets the required standards, COFEPRIS grants the necessary approvals and licenses. This regulatory process is essential for ensuring the safety and effectiveness of healthcare products in Mexico and aligning with international regulatory standards.
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 Drug Class
By Route of Administration
By Severity type
By Age Group
By Distribution channel
Methodology for Database Creation
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