Mexico Diabetic Foot Ulcer Treatment Market Size & Outlook
Mexico diabetic foot ulcer treatment market, 2018-2030 (US$M)
Related Markets
Mexico diabetic foot ulcer treatment market highlights
- The Mexico diabetic foot ulcer treatment market generated a revenue of USD 80.4 million in 2023 and is expected to reach USD 113.0 million by 2030.
- The Mexico market is expected to grow at a CAGR of 5% from 2024 to 2030.
- In terms of segment, biologics was the largest revenue generating treatment in 2023.
- Therapy Devices is the most lucrative treatment segment registering the fastest growth during the forecast period.
Diabetic foot ulcer treatment market data book summary
| Market revenue in 2023 | USD 80.4 million |
| Market revenue in 2030 | USD 113.0 million |
| Growth rate | 5% (CAGR from 2023 to 2030) |
| Largest segment | Biologics |
| Fastest growing segment | Therapy Devices |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wound Care Dressings, Biologics, Therapy Devices, Antibiotic Medications |
| Key market players worldwide | ConvaTec Group PLC, 3M Co, Coloplast A/S ADR, Smith & Nephew PLC, Medtronic PLC |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.5% of the global diabetic foot ulcer treatment market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil diabetic foot ulcer treatment market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 113.0 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Diabetic Foot Ulcer Treatment Market Scope
Diabetic Foot Ulcer Treatment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico diabetic foot ulcer treatment 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 diabetic foot ulcer treatment market will help companies and investors design strategic landscapes.
Biologics was the largest segment with a revenue share of 36.44% in 2023. Horizon Databook has segmented the Mexico diabetic foot ulcer treatment market based on wound care dressings, biologics, therapy devices, antibiotic medications covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico is the second largest developing economy in Latin America after Brazil. High healthcare spending by public and private sectors has increased the demand for advanced healthcare services. Thus, adoption of innovative products is high in Mexico.
Moreover, rising geriatric population in the country is anticipated to drive the market. For instance, as per World Bank, in Mexico, 10,203,218 individuals are aged 65 years or above. The geriatric population is likely to suffer from various diseases, such as diabetes, cardiac conditions, and epilepsy, owing to which market growth is anticipated over the forecast period.
Mexico has become a key destination for affordable medical device manufacturing with skilled-yet affordable manufacturing labor, proximity to major markets, and developed infrastructure capabilities. The local presence of a major market player, Medtronic, represents lucrative growth opportunities.
Reasons to subscribe to Mexico diabetic foot ulcer treatment market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Mexico diabetic foot ulcer treatment market databook
-
Our clientele includes a mix of diabetic foot ulcer treatment market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico diabetic foot ulcer treatment market , including forecasts for subscribers. This country databook contains high-level insights into Mexico diabetic foot ulcer treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Mexico diabetic foot ulcer treatment market size, by treatment, 2018-2030 (US$M)
Mexico Diabetic Foot Ulcer Treatment Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
