Mexico Brachytherapy Market Size & Outlook, 2020-2028
Mexico brachytherapy market, 2017-2028 (US$M)
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Mexico brachytherapy market highlights
- The Mexico brachytherapy market generated a revenue of USD 6.8 million in 2020 and is expected to reach USD 12.5 million by 2028.
- The Mexico market is expected to grow at a CAGR of 8% from 2021 to 2028.
- In terms of segment, high-dose rate (hdr) brachytherapy was the largest revenue generating dosage type in 2020.
- High-Dose Rate (HDR) Brachytherapy is the most lucrative dosage type segment registering the fastest growth during the forecast period.
Brachytherapy market data book summary
| Market revenue in 2020 | USD 6.8 million |
| Market revenue in 2028 | USD 12.5 million |
| Growth rate | 8% (CAGR from 2020 to 2028) |
| Largest segment | High-dose rate (hdr) brachytherapy |
| Fastest growing segment | High-Dose Rate (HDR) Brachytherapy |
| Historical data | 2017 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | High-Dose Rate (HDR) Brachytherapy, Low-Dose Rate (LDR) Brachytherapy |
| Key market players worldwide | Siemens Healthineers AG ADR, Becton Dickinson & Co, Elekta AB ADR, Icad Inc, Roper Technologies Inc, Ustar, IsoRay, Eckert & Ziegler Bebig SA |
Other key industry trends
- In terms of revenue, Mexico accounted for 0.9% of the global brachytherapy market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Latin America, Brazil brachytherapy market is projected to lead the regional market in terms of revenue in 2028.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 12.5 million by 2028.
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Brachytherapy Market Scope
Brachytherapy Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico brachytherapy 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 brachytherapy market will help companies and investors design strategic landscapes.
High-dose rate (hdr) brachytherapy was the largest segment with a revenue share of 70.59% in 2020. Horizon Databook has segmented the Mexico brachytherapy market based on high-dose rate (hdr) brachytherapy, low-dose rate (ldr) brachytherapy covering the revenue growth of each sub-segment from 2017 to 2028.
Brachytherapy market in Mexico is expected to grow at a significant pace owing to increase in the number of strategic initiatives being undertaken by key market players.
For instance, in July 2018, Eckert & Ziegler BEBIG started supplying brachytherapy seeds to hospitals in Mexico to expand its business and increase market share in this country. These seeds include Iso Seed I25.S16 for tumors in eyes and Iso Strand seed chains for prostate cancer.
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Our clientele includes a mix of brachytherapy market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico brachytherapy market , including forecasts for subscribers. This country databook contains high-level insights into Mexico brachytherapy market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Mexico brachytherapy market size, by dosage type, 2017-2028 (US$M)
Mexico Brachytherapy Market Outlook Share, 2020 & 2028 (US$M)
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