Mexico Pharmaceutical & Medical Device Market Worth $22.5B & $5.4B by 2020 Says a New Report at ReportsnReports.com
PR Web |
The healthcare market of
The pharmaceutical market was valued at approximately
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The prevalence of non-communicable disease is increasing due to the increasing elderly population, which accounted for approximately 7% of the population in 2013, as well as changes to food and lifestyle habits. The government has been successful in implementing steps needed to achieve universal healthcare coverage, such as reforms in the System of Social Protection in Health (
Regulatory regulations have attracted significant investment in
The Mexican medical device market was valued at
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The Mexican regulatory authority provides a transparent and strong regulatory environment with a shorter lag time to facilitate the approval of pharmaceutical products and medical devices.
In
Increasing access to healthcare facilities through an open, premium-based system is driving healthcare services in
The Mexican government provides easy access to healthcare facilities to the population through its high number of primary care services, hospitals, and national specialty institutions with highly sophisticated medical care. The primary care centers are prevalent in rural as well as urban areas to provide healthcare services.
In 2012, the share of public healthcare expenditure in
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