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Health Sector in Mexico: Challenges and Opportunities

Coronavirus disease (COVID-19)

In efforts to contain the spread of COVID-19, upcoming events may be cancelled, modified, or postponed. Consult the official event organizer or event website for up-to-date information.

Related guidance:

Date: February 25, 2021
Venue: Virtual platform (Zoom)
Location: Mexico City, Mexico
Target Audience: Companies in the life science sector including Medical devices, natural products and supplements, diagnostics and digital health, pharmaceuticals, services (training and professional services), and COVID-19 solutions and products.
Sector: Education, Life sciences

Time: 13:30 Mexico City / 14:30 EST

This webinar will provide practical information and advice to successfully enter or expand your business presence in the Mexican market for Canadian companies working in the medical device, natural products and supplements, diagnostics and digital health, pharmaceuticals and healthcare services and training areas.

The Mexican pharmaceutical market is one of the leading markets in Latin America and one of the largest markets in the world. Mexico’s market size is estimated to be CAD 28 billion in 2020 and the market has seen and continues to see annual growth rates of about 5%. According to the OECD, Mexico records the second highest spending in medicines as a percentage of total health spending (28%), surpassing the OECD average (17%) by far. Natural health product spending has also seen a substantial increase in recent years and continued growth is expected with the increasing importance of online sales in the country. Mexico has consolidated itself as a first-class manufacturer of medical devices and an important innovation hub in Latin America. With the capacity to manufacture at a quarter of the cost in the US, Mexico is now the 10th largest exporter of medical device worldwide, the largest in Latin America and the leading supplier for the USA.

Register to attend

Register now to attend this free event.


Why your organization should participate:


Trade Commissioner(s) involvement:

Activities organized by the Trade Commissioner Service

Stéphanie Mercure (stephanie.mercure@international.gc.ca) (Mexico City), Juan-Carlos Munoz (juan-carlos.munoz@international.gc.ca) (Guadalajara) and Adriana Arevalo (adriana.arevalo@international.gc.ca) (Monterrey) specialize in the Life Sciences sector for the Mexican market.  They will be present at this webinar to answer questions and can provide information on this and other local events that you are considering, as well as advice on business development in the region. Services from the Canadian Trade Commissioner Service are offered free of charge to Canadian companies and organizations.


Date Modified: