Intelligent Investment
Mexico City Market
Global Life Sciences Atlas
April 11, 2025 5 Minute Read
Overview
- Mexican exports of pharmaceutical products have increased steadily since the COVD-19 pandemic, doubling in volume compared with the five-year average between 2016-2020. The majority of these sales originate from Mexico City.
- Approximately 400 laboratories manufacture pharmaceuticals in Mexico, mostly in the Mexico City metropolitan area.
- Mexico City’s life sciences corporate sector is mostly concentrated in Polanco, Insurgentes, Periferico Sur and Periferico Norte.
- Manufacturing space is the only recently completed life sciences construction in Mexico City. Other life sciences manufacturing projects are underway in Guadalajara, Hidalgo and Tijuana.
- The Mexican pharmaceutical industry stands out because of the presence of 20 out of the 25 largest companies worldwide.
Submarkets
Figure 1: Mexican Exports in Pharmaceutical Products
Millions USD
Industry Presence
- Foreign direct investment in pharmaceutical products manufacturing in Mexico City has increased significantly in recent years.
Figure 2: FDI in Pharmaceutical and Medicine Manufacturing
Life Sciences Market Stats
Figure 3: Life Sciences Office Gross Absorption (SM)
Development Pipeline or Activity
Figure 4: Under Construction Projects to Be Delivered
Figure 5: Recently Delivered Projects
- Abbott Laboratories
- Abbvie
- Amgen
- AstraZeneca
- Bayer AG
- Bristol-Myers Squibb
- Eli Lilly
- GSK
- Johnson & Johnson
- Merck
- Novartis
- Pfizer
- Roche
- Sanofi
- Takeda
Global Life Science Markets
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The Houston life sciences cluster benefits from world-class healthcare institutions and research universities as well as a significant depth of talent.
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San Diego is one of the top three U.S. life sciences clusters. More than 89,000 people work in the local industry, over 17,000 of whom are in life sciences research and development (R&D) roles.
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Costa Rica is Latin America’s second-largest exporter of medical devices, the country’s top industrial export since 2015.