Mexico Bronchial Biopsy Devices Market Size & Outlook
Mexico bronchial biopsy devices market, 2018-2030 (US$M)
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Mexico bronchial biopsy devices market highlights
- The Mexico bronchial biopsy devices market generated a revenue of USD 3.9 million in 2023 and is expected to reach USD 6.1 million by 2030.
- The Mexico market is expected to grow at a CAGR of 6.6% from 2024 to 2030.
- In terms of segment, transbronchial needle aspiration (tbna) needles was the largest revenue generating product in 2023.
- Transbronchial Needle Aspiration (TBNA) Needles is the most lucrative product segment registering the fastest growth during the forecast period.
Bronchial biopsy devices market data book summary
| Market revenue in 2023 | USD 3.9 million |
| Market revenue in 2030 | USD 6.1 million |
| Growth rate | 6.6% (CAGR from 2023 to 2030) |
| Largest segment | Transbronchial needle aspiration (tbna) needles |
| Fastest growing segment | Transbronchial Needle Aspiration (TBNA) Needles |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Biopsy Forceps, Transbronchial Needle Aspiration (TBNA) Needles, Cytology Brushes |
| Key market players worldwide | Olympus Corp, Boston Scientific Corp, Conmed Corp, Medtronic PLC, Becton Dickinson & Co, Hobbs Medical, Cook Medical, Telemed Systems, Argon Medical Devices, Horizons International |
Other key industry trends
- In terms of revenue, Mexico accounted for 0.7% of the global bronchial biopsy devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil bronchial biopsy devices market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 6.5 million by 2030.
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Bronchial Biopsy Devices Market Scope
Bronchial Biopsy Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico bronchial biopsy devices 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 bronchial biopsy devices market will help companies and investors design strategic landscapes.
Transbronchial needle aspiration (tbna) needles was the largest segment with a revenue share of 58.97% in 2023. Horizon Databook has segmented the Mexico bronchial biopsy devices market based on biopsy forceps, transbronchial needle aspiration (tbna) needles, cytology brushes covering the revenue growth of each sub-segment from 2018 to 2030.
The rising incidence of respiratory diseases, such as COPD, asthma, and lung cancer, is a primary driver of the bronchial biopsy device market in Mexico. For instance, lung cancer is one of the leading causes of cancer-related deaths in the country, as reported by the Mexican Ministry of Health.
This high disease burden underscores the need for advanced diagnostic tools to enable early and accurate detection. Consequently, hospitals and clinics are increasingly adopting sophisticated bronchial biopsy devices to address this growing demand. According to data from GLOBOCAN, around 190,667 cancer cases are reported in Mexico annually.
Moreover, technological innovation is transforming the bronchial biopsy landscape. Devices such as EBUS and electromagnetic navigation bronchoscopes represent significant advancements. For instance, EBUS allows for real-time imaging and guidance during biopsy procedures, enhancing diagnostic precision.
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Our clientele includes a mix of bronchial biopsy devices 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 bronchial biopsy devices market , including forecasts for subscribers. This country databook contains high-level insights into Mexico bronchial biopsy devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico bronchial biopsy devices market size, by product, 2018-2030 (US$M)
Mexico Bronchial Biopsy Devices Market Outlook Share, 2023 & 2030 (US$M)
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