Mexico Electrophysiology Devices Market Size & Outlook
Mexico electrophysiology devices market, 2018-2030 (US$M)
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Mexico electrophysiology devices market highlights
- The Mexico electrophysiology devices market generated a revenue of USD 81.7 million in 2023 and is expected to reach USD 194.4 million by 2030.
- The Mexico market is expected to grow at a CAGR of 13.2% from 2024 to 2030.
- In terms of segment, ablation catheters was the largest revenue generating device in 2023.
- Ablation Catheters is the most lucrative device segment registering the fastest growth during the forecast period.
Electrophysiology devices market data book summary
| Market revenue in 2023 | USD 81.7 million |
| Market revenue in 2030 | USD 194.4 million |
| Growth rate | 13.2% (CAGR from 2023 to 2030) |
| Largest segment | Ablation catheters |
| Fastest growing segment | Ablation Catheters |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Diagnostic Catheters, Laboratory Devices, Access Devices, Ablation Catheters |
| Key market players worldwide | Boston Scientific Corp, Medtronic PLC, Abbott Laboratories, Johnson & Johnson, BIOTRONIK, GE Aerospace, Siemens Healthineers AG ADR, MicroPort Scientific Corp, Koninklijke Philips NV |
Other key industry trends
- In terms of revenue, Mexico accounted for 0.8% of the global electrophysiology 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 electrophysiology 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 194.4 million by 2030.
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Electrophysiology Devices Market Scope
Electrophysiology Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico electrophysiology 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 electrophysiology devices market will help companies and investors design strategic landscapes.
Ablation catheters was the largest segment with a revenue share of 48.59% in 2024. Horizon Databook has segmented the Mexico electrophysiology devices market based on diagnostic catheters, laboratory devices, access devices, ablation catheters covering the revenue growth of each sub-segment from 2018 to 2030.
As per the American College of Cardiology Foundation, CVD poses a significant threat in Mexico, leading to the loss of 1 life every 2 minutes. In 2021, the Mexican government confirmed approximately 226,000 deaths caused by CVDs, surpassing the number of deaths caused by COVID-19.
This data highlights CVDs immense burden in Mexico and emphasizes the need for reliable diagnosis & treatment options. Hence, EP devices are crucial in providing effective interventions and potentially saving lives. The demand for these devices is expected to rise in Mexico as the healthcare system strives to address the growing prevalence of CVDs and improve patient outcomes.
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Our clientele includes a mix of electrophysiology devices market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico electrophysiology devices market, including forecasts for subscribers. This country databook contains high-level insights into Mexico electrophysiology devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico electrophysiology devices market size, by application, 2018-2030 (US$M)
Mexico Electrophysiology Devices Market Share, 2024 & 2030 (US$M)
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