Mexico First Aid Market Size & Outlook, 2023-2030
Mexico first aid market, 2018-2030 (US$M)
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Mexico first aid market highlights
- The Mexico first aid market generated a revenue of USD 69.7 million in 2023 and is expected to reach USD 97.1 million by 2030.
- The Mexico market is expected to grow at a CAGR of 4.8% from 2024 to 2030.
- In terms of segment, first aid supplies - workplace was the largest revenue generating type in 2023.
- Automated External Defibrillators is the most lucrative type segment registering the fastest growth during the forecast period.
First aid market data book summary
| Market revenue in 2023 | USD 69.7 million |
| Market revenue in 2030 | USD 97.1 million |
| Growth rate | 4.8% (CAGR from 2023 to 2030) |
| Largest segment | First aid supplies - workplace |
| Fastest growing segment | Automated External Defibrillators |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | First Aid Supplies - Workplace, First Aid Supplies - Consumer, First Aid Room Equipment, Sports Care/Braces, Medicinal products, Topicals, First Aid Training products, Automated External Defibrillators |
| Key market players worldwide | 3M Co, Johnson & Johnson, Coloplast A/S ADR, Stryker Corp, Smith & Nephew PLC, ConvaTec Group PLC, Hartmann Holdings |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.5% of the global first aid market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil first aid 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 97.1 million by 2030.
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First Aid Market Scope
First Aid Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico first aid 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 first aid market will help companies and investors design strategic landscapes.
First aid supplies - workplace was the largest segment with a revenue share of 27.69% in 2023. Horizon Databook has segmented the Mexico first aid market based on first aid supplies - workplace, first aid supplies - consumer, first aid room equipment, sports care/braces, medicinal products, topicals, first aid training products, automated external defibrillators covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico is the second-largest developing economy in Latin America after Brazil. High healthcare spending by both, public and private sectors, has increased the demand for advanced healthcare services. Thus, adoption of innovative products is high in Mexico.
Moreover, rising geriatric population in the country is anticipated to drive the market. For instance, as per World Bank, in Mexico, 10,203,218 populations are aged 65 or above. The geriatric population is likely to suffer from various injuries, thus people prefer keeping first aid products at home.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico first aid market , including forecasts for subscribers. This country databook contains high-level insights into Mexico first aid market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico first aid market size, by type, 2018-2030 (US$M)
Mexico First Aid Market Outlook Share, 2023 & 2030 (US$M)
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