Mexico ADHD (Attention Deficit Hyperactivity Disorder) Therapeutic Market Analysis

Mexico ADHD (Attention Deficit Hyperactivity Disorder) Therapeutic Market Analysis


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Mexico's Attention Deficit Hyperactivity Disorder (ADHD) therapeutics market is projected to grow from $443 Mn in 2022 to $806 Mn in 2030 with a CAGR of 7.75% for the year 2022-2030. Major factors responsible for the expansion of the market are an increase in ADHD prevalence in Mexico and the Mexican government’s initiatives to provide novel therapeutic options for ADHD treatment. The Mexico ADHD therapeutics market is segmented by drug, drug type, demographics, and by distribution channel. Farmacia Regina, Farmacia San Martin, and Shire are the key players in the market.

ID: IN10MXPH028 CATEGORY: Pharmaceuticals GEOGRAPHY: Mexico AUTHOR: Parul Choudhary

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Mexico Attention Deficit Hyperactivity Disorder (ADHD) Therapeutics Market Executive Analysis

The Mexico Attention Deficit Hyperactivity Disorder (ADHD) therapeutics market size is at around $443 Mn in 2022 and is projected to reach $806 Mn in 2030, exhibiting a CAGR of 7.75% during the forecast period. The federal government's proposed $417 Bn 2023 budget of Mexico includes several high-ticket items, including infrastructure projects, pensions for elderly citizens, health care, and social programs.  Major healthcare provider the Mexican Social Security Institute is expected to receive over $61 Bn, a rise of almost 10% from this year, while the Ministry of Health is expected to receive $11.66 Bn. The SHCP predicted that the GDP would increase by 2.4% in 2022 and that the annual inflation rate would finish the year at 7.7%, which is 1% lower than the level reached in August.

One of the most common neurodevelopmental disorders in children is attention deficit with hyperactivity disorder (ADHD). 3-5% of school-aged children can be diagnosed with ADHD, which is very common. It accounts for 1.5 Mn instances in Mexico. It accounts for more than 30% of all cases in pediatric clinical environments. There has been a correlation between an evening chronotype and sleep disturbances in 50% to 80% of Mexican adolescents with ADHD, including sleep-onset insomnia, poor or fragmented sleep, daytime sleepiness, and sleep-disordered breathing. According to recent reports from longitudinal studies, 90% of adult cases of ADHD did not have a history of childhood ADHD, despite the fact that ADHD persists into adulthood, it has not been observed in the anticipated proportion in Mexico. Thus, the clinical presentation of ADHD may follow various trajectories. It is known that other factors, such as sex, age at the time of evaluation, variations in impairment definitions, or context (such as urban vs. suburban, conventional vs. non-traditional school, etc.), can affect how ADHD manifests.

Multimodal therapies, including both pharmaceutical and non-pharmacological treatments, are advised for treating ADHD. Psychostimulants (methylphenidate and amphetamine compounds) and non-psychostimulant medications (atomoxetine and guanfacine) are used to treat ADHD. The ADHD medication lisdexamfetamine dimesylate (LDX) has attracted the greatest amount of research in recent years. With a minimal potential for abuse and a tolerability profile akin to other stimulant drugs, it offers a treatment option. In children and adults with ADHD, the effect of LDX lasts longer than that of any other long-acting stimulant drug, lasting at least 13 and 14 hours post-dose, respectively. The Food and Drug Administration (FDA) authorized LDX in February 2007 for the treatment of ADHD in children aged six to 18 years old. It was approved for use in children, teenagers, and adults with ADHD in Mexico on May 16, 2014, by the Federal Commission for Protection against Health Risks, and it went on sale in May 2016.

mexico attention deficit hyperactivity disorder therapeutics market analysis

Market Dynamics

Market Growth Drivers

The primary drivers of the Mexico ADHD therapeutics market expansion are an increase in the population of people with learning disabilities and easier access to diagnostic tools and treatment choices for ADHD, including medications, behavioral therapy, and other interventions. The Mexican government's initiatives to embrace cutting-edge therapies for the treatment of ADHD have become the catalyst for the market's expansion.

Market Restraints

The cost of ADHD medications can be high, which may restrict entry for those who cannot afford them. This might significantly impede the expansion of the Mexico ADHD therapeutics market. Certain ADHD medicines may not be widely available in Mexico due to the complexity of Mexico's drug regulations. This might limit the market's expansion for ADHD therapeutics.

Competitive Landscape

Key Players

  • ETrueba Distribuciones Farmaceuticas (MEX)
  • Medicom (MEX)
  • Pharmatrix México (MEX)
  • Farmacia Regina (MEX)
  • Farmacia San Martin (MEX)
  • Shire
  • Neos Therapeutics
  • Eli Lily
  • Pfizer
  • Alcobra
  • Supernus Pharma
  • Noven Pharma

Healthcare Policies and Regulatory Landscape

The Federal Commission for Protection against Sanitary Risks, or COFEPRIS (Comisión Federal para la Protección contra Riesgos Sanitarios), is an agency with the power to control and regulate drug products in Mexico. All actions pertaining to these goods and services, including production, distribution, commercialization, imports and exports, advertising, sales, and supply, are under the control of COFEPRIS. The World Health Organization named COFEPRIS as the National Regulatory Authority of Regional Reference of Pharmaceuticals and Biological Products in July 2012 through the Pan American Health Organization.  The award is the result of an assessment of the commission's performance of fundamental duties suggested by WHO for assuring the quality, safety, and effectiveness of medicines in the nation.

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

ADHD (Attention Deficit Hyperactivity Disorder) Therapeutic Market Segmentation

By Drug Type (Revenue, USD Billion):

  • Stimulants
    • Amphetamine
    • Methylphenidate
    • Dextroamphetamine
    • Dexmethylphenidate
    • Lisdexamfetamine
    • Others
       
  • Non-Stimulants
    • Atomoxetine
    • Bupropion
    • Guanfacine
    • Clonidine

By Age Group (Revenue, USD Billion):

  • Pediatric And Adolescent
  • Adult

By Distribution Channel (Revenue, USD Billion):

  • Hospital Pharmacies
  • Speciality Clinics
  • Retail Pharmacies
  • e-Commerce

By Psychotherapy (Revenue, USD Billion):

  • Behaviour Therapy
  • Cognitive Behavioral Therapy
  • Interpersonal Psychotherapy
  • Family Therapy

Insights10 will provide you with the reports within 10 key parameters which are:

  1. Market Overview
  2. Market Growth Drivers & Restraints
  3. Epidemiology of Disease Type
  4. Market Segmentation
  5. Market Share
  6. Competitive Landscape
  7. Key Company Profiles
  8. Healthcare Policies & Regulatory Framework
  9. Reimbursement Scenario
  10. Factors Driving Future Growth

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The study on the market covers the analysis of the leading geographies such as Asia-Pacific, Africa, Europe, Middle East, North America, and  Latin America for the period of 2022 to 2030. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape, and policy and regulatory scenario, and the quantitative analysis covers different market estimates and forecasts.

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Stage III: Interpretation and Presentation

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Last updated on: 27 March 2023
Updated by: Ritu Baliya

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