Market revenue in 2023 | USD 63.4 million |
Market revenue in 2030 | USD 84.3 million |
Growth rate | 4.2% (CAGR from 2023 to 2030) |
Largest segment | Transthoracic echocardiography |
Fastest growing segment | Fetal Echocardiography |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Transthoracic Echocardiography, Transesophageal Echocardiography, Fetal Echocardiography, Other Types |
Key market players worldwide | GE HealthCare Technologies Inc Common Stock, Koninklijke Philips NV, Siemens Healthineers AG ADR, Hitachi Ltd, shenzhen mindray automation equipment co., FUJIFILM Holdings Corp, Samsung Medison, Chison Medical Technologies |
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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 cardiovascular ultrasound market will help companies and investors design strategic landscapes.
Transthoracic echocardiography was the largest segment with a revenue share of 55.36% in 2023. Horizon Databook has segmented the Mexico cardiovascular ultrasound market based on transthoracic echocardiography, transesophageal echocardiography, fetal echocardiography, other types covering the revenue growth of each sub-segment from 2018 to 2030.
Medical services in Mexico are provided by both public and private entities. Healthcare spending is predominantly out of pocket. Medical tourism is increasing in the country, and it has been observed that 200,000 to 1.1 million patients travel to Mexico every year for treatment. Free trade agreement— NAFTA—has helped decrease price of medical imaging devices in Mexico.
According to World Heart Federation, cardiovascular disorders comprise 25% of all noncommunicable diseases in Mexico. Growing medical tourism, high prevalence of cardiovascular disorders, and low healthcare costs are among factors expected to drive the market in the country.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico cardiovascular ultrasound market , including forecasts for subscribers. This country databook contains high-level insights into Mexico cardiovascular ultrasound market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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