Mexico Bed Head Panel Market Size & Outlook, 2023-2030
Mexico bed head panel market, 2018-2030 (US$M)
Related Markets
Mexico bed head panel market highlights
- The Mexico bed head panel market generated a revenue of USD 79.3 million in 2023 and is expected to reach USD 102.9 million by 2030.
- The Mexico market is expected to grow at a CAGR of 3.8% from 2024 to 2030.
- In terms of segment, hospitals was the largest revenue generating end use in 2023.
- Other End Use is the most lucrative end use segment registering the fastest growth during the forecast period.
Bed head panel market data book summary
| Market revenue in 2023 | USD 79.3 million |
| Market revenue in 2030 | USD 102.9 million |
| Growth rate | 3.8% (CAGR from 2023 to 2030) |
| Largest segment | Hospitals |
| Fastest growing segment | Other End Use |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hospitals, Clinics, Other End Use |
| Key market players worldwide | Baxter International Inc, Draegerwerk AG & Co KGaA, InMed Pharmaceuticals Inc, Precision UK, Novair Medical, Amcaremed Technology Co., Amico Group of Companies, Biolume, BeaconMedaes, Silbermann |
Other key industry trends
- In terms of revenue, Mexico accounted for 2.7% of the global bed head panel market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil bed head panel market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 102.9 million by 2030.
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Bed Head Panel Market Scope
Bed Head Panel Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico bed head panel 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 bed head panel market will help companies and investors design strategic landscapes.
Hospitals was the largest segment with a revenue share of 39.6% in 2023. Horizon Databook has segmented the Mexico bed head panel market based on hospitals, clinics, other end use covering the revenue growth of each sub-segment from 2018 to 2030.
The government's reduction in healthcare spending, as well as a lack of suitable healthcare facilities in the country, are important issues limiting market growth. According to OECD Health Statistics 2019, Mexico's healthcare spending was 5.3% of GDP in 2018, up from 5.52% and 5.8% in 2017 and 2016, respectively. Since 2010, this percentage has been declining. Many new and important firms are unable to enter the Mexican market due to drop in healthcare spending.
Furthermore, a scarcity of qualified personnel is projected to stymie market expansion. Due to a lack of hospitals and clinics in the country, the majority of patients prefer to receive treatment outside of the country. Only a few Mexican towns, such as Monterrey, Guadalajara, and Mexico City, have modern healthcare.
The rising incidence of non-communicable diseases in the country, on the other hand, is likely to drive market expansion. For instance, as per WHO, non-communicable diseases accounted for 80.0% of all deaths in 2016. High mortality rate can be controlled by improving access to advanced treatment. Such factors are anticipated to drive market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico bed head panel market , including forecasts for subscribers. This country databook contains high-level insights into Mexico bed head panel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico bed head panel market size, by end use, 2018-2030 (US$M)
Mexico Bed Head Panel Market Outlook Share, 2023 & 2030 (US$M)
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