Mexico Electroencephalography Devices Market Size & Outlook
Mexico electroencephalography devices market, 2018-2030 (US$M)
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Mexico electroencephalography devices market highlights
- The Mexico electroencephalography devices market generated a revenue of USD 25.6 million in 2023 and is expected to reach USD 48.3 million by 2030.
- The Mexico market is expected to grow at a CAGR of 9.5% from 2024 to 2030.
- In terms of segment, 32-channel eeg was the largest revenue generating product in 2023.
- Multichannel EEG is the most lucrative product segment registering the fastest growth during the forecast period.
Electroencephalography devices market data book summary
| Market revenue in 2023 | USD 25.6 million |
| Market revenue in 2030 | USD 48.3 million |
| Growth rate | 9.5% (CAGR from 2023 to 2030) |
| Largest segment | 32-channel eeg |
| Fastest growing segment | Multichannel EEG |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | 8-channel EEG, 21-channel EEG, 25-channel EEG, 32-channel EEG, 40-channel EEG, Multichannel EEG |
| Key market players worldwide | Natus Medical, Medtronic PLC, Nihon Kohden Corp, Brain Products, Philips, AMS Micromedical, Emotiv, ANT Neuro, Lifelines Neuro, Cadwell Laboratories, EB Neuro, The Magstim Company, Compumedics |
Other key industry trends
- In terms of revenue, Mexico accounted for 2.1% of the global electroencephalography 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 electroencephalography devices market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 75.6 million by 2030.
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Electroencephalography Devices Market Scope
Electroencephalography Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico electroencephalography 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 electroencephalography devices market will help companies and investors design strategic landscapes.
32-channel eeg was the largest segment with a revenue share of 27.73% in 2023. Horizon Databook has segmented the Mexico electroencephalography devices market based on 8-channel eeg, 21-channel eeg, 25-channel eeg, 32-channel eeg, 40-channel eeg, multichannel eeg covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico’s healthcare sector is a key market for several types of services and products. It has become a significant destination for affordable medical device manufacturing with skilled-yet-affordable manufacturing labor, proximity to major markets, and impressive infrastructure capabilities.
The presence of a major market player, Medtronic, in the country also represents lucrative growth opportunities. In 2021, Mexico imported USD 5.9 billion worth of medical devices & supplies into the country.
Thus, presence of supportive regulatory policies related import and export of medical devices is anticipated to drive market growth. In 2022, Mexico’s government initiated a budget plan that included a 14.6% increase in healthcare industry resources. Approximately 70% to 80% of all healthcare services offered in the country are accounted for by public healthcare institutions.
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Our clientele includes a mix of electroencephalography devices market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 electroencephalography devices market , including forecasts for subscribers. This country databook contains high-level insights into Mexico electroencephalography devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico electroencephalography devices market size, by product, 2018-2030 (US$M)
Mexico Electroencephalography Devices Market Outlook Share, 2023 & 2030 (US$M)
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