Mexico Branched Stent Grafts Market Size & Outlook
Mexico branched stent grafts market, 2021-2028 (US$M)
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Mexico branched stent grafts market highlights
- The Mexico branched stent grafts market generated a revenue of USD 3.7 million in 2021 and is expected to reach USD 5.1 million by 2028.
- The Mexico market is expected to grow at a CAGR of 4.7% from 2022 to 2028.
- In terms of segment, iliac stent was the largest revenue generating type in 2021.
- Iliac Stent is the most lucrative type segment registering the fastest growth during the forecast period.
Branched stent grafts market data book summary
| Market revenue in 2021 | USD 3.7 million |
| Market revenue in 2028 | USD 5.1 million |
| Growth rate | 4.7% (CAGR from 2021 to 2028) |
| Largest segment | Iliac stent |
| Fastest growing segment | Iliac Stent |
| Historical data | 2021 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Iliac Stent |
| Key market players worldwide | Medtronic PLC, BIOTRONIK, Merit Medical Systems Inc, Abbott Laboratories, Cook Medical, Cardinal Health Inc, Boston Scientific Corp, Terumo Corp |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.3% of the global branched stent grafts market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Latin America, Brazil branched stent grafts market is projected to lead the regional market in terms of revenue in 2028.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 7.0 million by 2028.
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Branched Stent Grafts Market Scope
Branched Stent Grafts Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico branched stent grafts 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 branched stent grafts market will help companies and investors design strategic landscapes.
Iliac stent was the largest segment with a revenue share of 40.54% in 2021. Horizon Databook has segmented the Mexico branched stent grafts market based on iliac stent covering the revenue growth of each sub-segment from 2021 to 2028.
The branched stent graft market in Mexico is anticipated to witness lucrative growth over the forecast period. The total healthcare spending is approximately 5.37% of GDP. The Mexican healthcare system is a combination of government and private institutions.
Medical devices are classified into risk classes I, II and III, based on the information of the medical device and if it is implantable or not. The devices are given a generic name and a 10-digit code as per the Clave Cuadro Básico.
Most of the medical devices are imported in the country. Owing to the North American Free Trade Agreement (NAFTA), the majority of the imports are from the U.S. Public institutions procure through open invitations printed in the official gazette, while private institutions often request quotes from several suppliers.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico branched stent grafts market , including forecasts for subscribers. This country databook contains high-level insights into Mexico branched stent grafts market from 2021 to 2028, including revenue numbers, major trends, and company profiles.
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Mexico branched stent grafts market size, by type, 2021-2028 (US$M)
Mexico Branched Stent Grafts Market Outlook Share, 2021 & 2028 (US$M)
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