Mexico Disposable Surgical Devices Market Size & Outlook
Mexico disposable surgical devices market, 2018-2030 (US$M)
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Mexico disposable surgical devices market highlights
- The Mexico disposable surgical devices market generated a revenue of USD 109.7 million in 2023 and is expected to reach USD 199.2 million by 2030.
- The Mexico market is expected to grow at a CAGR of 8.9% from 2024 to 2030.
- In terms of segment, surgical sutures & staplers was the largest revenue generating product in 2023.
- Electrosurgical Devices is the most lucrative product segment registering the fastest growth during the forecast period.
Disposable surgical devices market data book summary
| Market revenue in 2023 | USD 109.7 million |
| Market revenue in 2030 | USD 199.2 million |
| Growth rate | 8.9% (CAGR from 2023 to 2030) |
| Largest segment | Surgical sutures & staplers |
| Fastest growing segment | Electrosurgical Devices |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Surgical Sutures & Staplers, Handheld Surgical Devices, Electrosurgical Devices |
| Key market players worldwide | B. Braun Medical, B. Braun, Smith & Nephew PLC, Aspen Pharmacare Holdings Ltd, Alcon Inc, Zimmer Biomet Holdings Inc, Medtronic PLC, Becton Dickinson & Co, Johnson & Johnson, The Cooper Companies Inc |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.9% of the global disposable surgical 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 disposable surgical devices 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 199.2 million by 2030.
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Disposable Surgical Devices Market Scope
Disposable Surgical Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico disposable surgical 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 disposable surgical devices market will help companies and investors design strategic landscapes.
Surgical sutures & staplers was the largest segment with a revenue share of 45.4% in 2023. Horizon Databook has segmented the Mexico disposable surgical devices market based on surgical sutures & staplers, handheld surgical devices, electrosurgical devices covering the revenue growth of each sub-segment from 2018 to 2030.
Surgical site infection is one of the growing concerns among surgical service providers in Mexico. The SSI rate in Mexican hospitals is higher compared to international standards. Many surgical infection cases are repeatedly reported to authorities.
For instance, in March 2019, many people reported severe surgical site infections after being operated on at Grand View Hospital, in Mexico. This was due to improper sterilization and lack of adherence to infection control protocol in the hospitals.
After the warning by the CDC, the Mexican government ordered to shut down the hospital in 2019. Such strict action by the government sent a warning to other surgical service providers in Mexico to strictly adhere to infection control protocols.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico disposable surgical devices market , including forecasts for subscribers. This country databook contains high-level insights into Mexico disposable surgical devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico disposable surgical devices market size, by product, 2018-2030 (US$M)
Mexico Disposable Surgical Devices Market Outlook Share, 2023 & 2030 (US$M)
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