Mexico Disinfection Cap Market Size & Outlook, 2020-2027
Mexico disinfection cap market, 2016-2027 (US$M)
Related Markets
Mexico disinfection cap market highlights
- The Mexico disinfection cap market generated a revenue of USD 6.2 million in 2020 and is expected to reach USD 8.5 million by 2027.
- The Mexico market is expected to grow at a CAGR of 4.6% from 2021 to 2027.
- In terms of segment, non-retail was the largest revenue generating distributors in 2020.
- Retail is the most lucrative distributors segment registering the fastest growth during the forecast period.
Disinfection cap market data book summary
| Market revenue in 2020 | USD 6.2 million |
| Market revenue in 2027 | USD 8.5 million |
| Growth rate | 4.6% (CAGR from 2020 to 2027) |
| Largest segment | Non-retail |
| Fastest growing segment | Retail |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Retail, Non-retail |
| Key market players worldwide | 3M Co, Becton Dickinson & Co, ICU Medical Inc, Baxter International Inc, B. Braun Medical |
Other key industry trends
- In terms of revenue, Mexico accounted for 2.0% of the global disinfection cap market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In Latin America, Brazil disinfection cap market is projected to lead the regional market in terms of revenue in 2027.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 8.5 million by 2027.
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Disinfection Cap Market Scope
Disinfection Cap Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico disinfection cap 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 disinfection cap market will help companies and investors design strategic landscapes.
Non-retail was the largest segment with a revenue share of 69.35% in 2020. Horizon Databook has segmented the Mexico disinfection cap market based on retail, non-retail covering the revenue growth of each sub-segment from 2016 to 2027.
Mexico disinfection cap market is anticipated to witness low growth rate over the forecast period. Declining healthcare expenditure by the government and lack of adequate healthcare facilities in the country are among the major factors restraining the market growth.
Decrease in healthcare expenditure may restrict many new and key players from entering the Mexican market. Moreover, lack of skilled professionals and low knowledge among people regarding hospital-acquired infections are expected to impede the market growth.
Furthermore, majority of the patients prefer to undergo treatment in other countries due to the absence of adequate hospital settings and clinics in the country. Only few cities in Mexico such as Monterrey, Guadalajara, and Mexico City offer advanced healthcare facilities. Hence, the Mexico disinfection cap market is expected to witness a low growth rate over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico disinfection cap market, including forecasts for subscribers. This country databook contains high-level insights into Mexico disinfection cap market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Mexico disinfection cap market size, by distributors, 2016-2027 (US$M)
Mexico Disinfection Cap Market Share, 2020 & 2027 (US$M)
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