Mexico Endotracheal Tube Market Size & Outlook, 2023-2030
Mexico endotracheal tube market, 2018-2030 (US$M)
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Mexico endotracheal tube market highlights
- The Mexico endotracheal tube market generated a revenue of USD 34.9 million in 2023 and is expected to reach USD 48.4 million by 2030.
- The Mexico market is expected to grow at a CAGR of 4.8% from 2024 to 2030.
- In terms of segment, regular endotracheal was the largest revenue generating product in 2023.
- Reinforced Endotracheal Tube is the most lucrative product segment registering the fastest growth during the forecast period.
Endotracheal tube market data book summary
| Market revenue in 2023 | USD 34.9 million |
| Market revenue in 2030 | USD 48.4 million |
| Growth rate | 4.8% (CAGR from 2023 to 2030) |
| Largest segment | Regular endotracheal |
| Fastest growing segment | Reinforced Endotracheal Tube |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Regular Endotracheal, Reinforced Endotracheal Tube, Preformed Endotracheal Tube, Double-lumen Endotracheal Tube |
| Key market players worldwide | Angiplast, Advin Health Care, Sterimed Group, ICU Medical Inc, Medtronic PLC, Teleflex Inc, ConvaTec Group PLC, Hollister, Medline Industries, BD, Pfm Medical |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.8% of the global endotracheal tube market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil endotracheal tube market is projected to lead the regional market in terms of revenue in 2030.
- Colombia is the fastest growing regional market in Latin America and is projected to reach USD 25.8 million by 2030.
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Endotracheal Tube Market Scope
Endotracheal Tube Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico endotracheal tube 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 endotracheal tube market will help companies and investors design strategic landscapes.
Regular endotracheal was the largest segment with a revenue share of 31.81% in 2023. Horizon Databook has segmented the Mexico endotracheal tube market based on regular endotracheal, reinforced endotracheal tube, preformed endotracheal tube, double-lumen endotracheal tube covering the revenue growth of each sub-segment from 2018 to 2030.
The government's reduction in healthcare spending and lack of suitable healthcare facilities in the country are important issues limiting market growth. Furthermore, scarcity of qualified personnel is projected to limit market growth. Due to the lack of hospitals and clinics in the country, a majority of patients prefer to receive treatment outside of the country.
Only a few Mexican towns, such as Monterrey, Guadalajara, and Mexico City, have modern healthcare services. The rising incidence of noncommunicable diseases in the country, on the other hand, is likely to drive market growth in this country.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico endotracheal tube market , including forecasts for subscribers. This country databook contains high-level insights into Mexico endotracheal tube market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico endotracheal tube market size, by product, 2018-2030 (US$M)
Mexico Endotracheal Tube Market Outlook Share, 2023 & 2030 (US$M)
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