Mexico

Mexico is the world’s 11th largest pharmaceutical market and one of its most dynamic. Its performance in recent years depends on the metrics it is viewed from. In 2016 the market was worth $13.9bn, down from $17.2bn in 2014, according to data from IMSS health. However, with most pharmaceuticals priced in dollars the devaluation of the Mexican...

With the expansion of hospital infrastructure through the awarding of private-partnership contracts for hospitals and the growing tendency for public health providers to outsource procedures to private clinics, the market for medical devices in Mexico is buoyant. “Many in the health sector in Mexico have the perception that the investment...

In January 2016 President Enrique Peña Nieto’s first public appearance was to inaugurate Chiconcuac Community Hospital. “The first thing we want is health,” he announced at the event. “Let this be a year full of health, achievements and accomplishments, which is why I am devoting the first public events of the year to the theme of health in...

The Mexican agriculture for export segment closed 2016 with a rare trade surplus and with exports up 13.7% for a value of $14.74bn. This meant it surpassed both tourism and oil as a source of foreign revenues and also overtook Canada to become the top exporter of agricultural goods to the US. A range of products from raspberries to pork showed...

The global medical tourism industry is dynamic. According to research firm Allied Market Research, the global industry will grow at a compound annual growth rate of 15.7% to reach $143.8bn by 2022.

Following 10 years of growth roughly on par with that of the overall economy, Mexico’s agriculture sector outstripped GDP growth by 1.2 percentage points in 2016 and registered a trade surplus for the second year running. As a share of GDP it declined only slightly over 2006-15 from 3.2% to 3%, and then grew in 2016 by 3.5% compared to...