Medical devices: market revenue Mexico 2016-2028

The revenue of the medical devices segment of the medical technology market in Mexico was forecast to continuously increase between 2024 and 2028 by in total 1.6 billion U.S. dollars (+19.78 percent). After the eighth consecutive increasing year, the indicator is estimated to reach 9.72 billion U.S. dollars and therefore a new peak in 2028.

Revenue of the medical devices market in Mexico from 2016 to 2028 (in billion U.S. dollars)

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Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:
The medical devices market includes instruments and machines helping for the prevention, diagnosis, and treatment of diseases. This market is further broken down into six submarkets according to medical specialties or types of application.

Additional information:
Market values represent revenues paid to primary vendors at manufacturer price level either directly or through distribution channels (excluding VAT). Reported market revenues include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Revenues are allocated to the country where the money is spent.

Company examples: Medtronic, Johnson & Johnson, Siemens Healthineers.

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