Mexico Aortic Aneurysm Market Size & Outlook, 2023-2030
Mexico aortic aneurysm market, 2018-2030 (US$M)
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Mexico aortic aneurysm market highlights
- The Mexico aortic aneurysm market generated a revenue of USD 37.9 million in 2023 and is expected to reach USD 66.1 million by 2030.
- The Mexico market is expected to grow at a CAGR of 8.3% from 2024 to 2030.
- In terms of segment, abdominal aortic aneurysm (aaa) was the largest revenue generating type in 2023.
- Abdominal Aortic Aneurysm (AAA) is the most lucrative type segment registering the fastest growth during the forecast period.
Aortic aneurysm market data book summary
| Market revenue in 2023 | USD 37.9 million |
| Market revenue in 2030 | USD 66.1 million |
| Growth rate | 8.3% (CAGR from 2023 to 2030) |
| Largest segment | Abdominal aortic aneurysm (aaa) |
| Fastest growing segment | Abdominal Aortic Aneurysm (AAA) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Thoracic Aortic Aneurysm (TAA), Abdominal Aortic Aneurysm (AAA) |
| Key market players worldwide | W.L. Gore & Associates, Medtronic PLC, MicroPort Scientific Corp, Cook Group, Cryolife, Cardinal Health Inc, Terumo Corp, Endologix, Lombard Medical |
Other key industry trends
- In terms of revenue, Mexico accounted for 0.7% of the global aortic aneurysm market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil aortic aneurysm market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 91.7 million by 2030.
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Aortic Aneurysm Market Scope
Aortic Aneurysm Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico aortic aneurysm market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aortic aneurysm market will help companies and investors design strategic landscapes.
Abdominal aortic aneurysm (aaa) was the largest segment with a revenue share of 70.18% in 2023. Horizon Databook has segmented the Mexico aortic aneurysm market based on thoracic aortic aneurysm (taa), abdominal aortic aneurysm (aaa) covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico is one of the members of the Organization for Economic Co-operation and Development (OECD) due to its healthy economy. The annual Gross Domestic Product (GDP) growth rate was approximately 2.1% in 2018. In Mexico, aortic aneurysm affects 1.5% to 2% of the general adult population and increases to 6% to 7% among those over 60 years old.
More than 50% of the cases of aortic aneurysm are being treated by EVAR in the county, but open repair is still preferred for uncomplicated AA in Mexico. However, in complicated aortic aneurysms, the selection of treatment option is a crucial step, considering the comorbidities associated with cardiac, respiratory, & neurological diseases and life expectancy.
The increasing elderly population, improvements in regulatory guidelines, government support for the healthcare sector, and the North American Free Trade Agreement, which assures its members' protection of intellectual property rights, provide the impetus for growth of the Mexican market.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico aortic aneurysm market , including forecasts for subscribers. This country databook contains high-level insights into Mexico aortic aneurysm market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico aortic aneurysm market size, by type, 2018-2030 (US$M)
Mexico Aortic Aneurysm Market Outlook Share, 2023 & 2030 (US$M)
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