Mexico Blood Warmer Market Size & Outlook, 2023-2030
Mexico blood warmer market, 2018-2030 (US$M)
Related Markets
Mexico blood warmer market highlights
- The Mexico blood warmer market generated a revenue of USD 43.4 million in 2023 and is expected to reach USD 73.9 million by 2030.
- The Mexico market is expected to grow at a CAGR of 7.9% from 2024 to 2030.
- In terms of segment, non-portable blood warmers was the largest revenue generating product in 2023.
- Portable Blood Warmers is the most lucrative product segment registering the fastest growth during the forecast period.
Blood warmer market data book summary
| Market revenue in 2023 | USD 43.4 million |
| Market revenue in 2030 | USD 73.9 million |
| Growth rate | 7.9% (CAGR from 2023 to 2030) |
| Largest segment | Non-portable blood warmers |
| Fastest growing segment | Portable Blood Warmers |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Portable Blood Warmers, Non-portable Blood Warmers |
| Key market players worldwide | Stryker Corp, Gentherm Inc Class A, 3M Co, ICU Medical Inc, Vyaire Medical, Belmont Medical Technologies, The Surgical Company, Life Warmer, Mequ, Estill Medical Technologies, Smisson-Cartledge Biomedical |
Other key industry trends
- In terms of revenue, Mexico accounted for 3.8% of the global blood warmer market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Mexico blood warmer 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 28.5 million by 2030.
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Blood Warmer Market Scope
Blood Warmer Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico blood warmer 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 blood warmer market will help companies and investors design strategic landscapes.
Non-portable blood warmers was the largest segment with a revenue share of 54.84% in 2023. Horizon Databook has segmented the Mexico blood warmer market based on portable blood warmers, non-portable blood warmers covering the revenue growth of each sub-segment from 2018 to 2030.
Decrease in healthcare expenditure by the government and lack of adequate healthcare facilities in the country are among major factors restraining market growth.
For instance, according to OECD Health Statistics 2019, the healthcare expenditure in Mexico was 5.46% of its GDP in 2018, whereas it was 5.52% and 5.8% in 2017 & 2016, respectively.
Thus, healthcare expenditure has been decreasing since 2010. Such decrease in healthcare expenditure limits entry of many new and key players into Mexico market. Moreover, lack of skilled professionals is expected to impede market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico blood warmer market , including forecasts for subscribers. This country databook contains high-level insights into Mexico blood warmer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico blood warmers market size, by product, 2018-2030 (US$M)
Mexico Blood Warmer Market Outlook Share, 2023 & 2030 (US$M)
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