In recent years, the pharmaceutical and health sectors in Tijuana have experienced significant growth, solidifying their position as vital components of the regional economy. This strategically located city on the border between Mexico and the United States has emerged as a key hub for these industries, playing a significant role in the region's economic landscape.

Amid a challenging economic backdrop, the pharmaceutical and health industry in Tijuana stands out as a pillar of growth and development. With approximately 750,000 square meters of Gross Leasable Area (GLA), occupied by the end of 2023, this sector consolidates itself as the third most important industry in the local market, representing nearly 10% of the total space in this border market.

Over the last three years, the industry has experienced a notable 20% growth, keeping pace with the overall market inventory increase. However, the most intriguing aspect is the shift in space preferences. While some class B spaces have become vacant, the demand for class A areas with higher specifications has increased by 35%.

Two submarkets emerge as epicenters of this expansion: La Presa and Sánchez Taboada, strategically located in the center of the market. These places have absorbed half of the new spaces occupied in the last triennium, becoming key areas for the industry's flourishing.

A notable phenomenon is the change in the composition of companies entering the market in the last 3 years. Fifty percent of the occupied spaces (750,000 square meters GLA) belong to American companies, demonstrating a continuous and growing interest from foreign companies in the region. However, Mexican companies, which have transitioned from occupying a modest 5% of space three years ago to a prominent 20%.

This shift in dynamics reveals the growing confidence of domestic companies in the stability and growth potential offered by Tijuana. The pharmaceutical and health industry serve as an economic engine for the region and reflect Tijuana's ability to attract investments and promote the diversification of business activities.

The "boom" in health in Tijuana stands out not only for its quantitative growth but also for the qualitative transformation in space demand, positioning the city as a focal point for innovation and development in the industry, promising a prosperous and healthy future for the sector.

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