Mexico Flow Diverters Market Size & Outlook, 2023-2030
Mexico flow diverters market, 2018-2030 (US$M)
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Mexico flow diverters market highlights
- The Mexico flow diverters market generated a revenue of USD 5.0 million in 2023 and is expected to reach USD 10.9 million by 2030.
- The Mexico market is expected to grow at a CAGR of 11.9% from 2024 to 2030.
- In terms of segment, >5mm was the largest revenue generating product in 2023.
- 3-4mm is the most lucrative product segment registering the fastest growth during the forecast period.
Flow diverters market data book summary
| Market revenue in 2023 | USD 5.0 million |
| Market revenue in 2030 | USD 10.9 million |
| Growth rate | 11.9% (CAGR from 2023 to 2030) |
| Largest segment | >5mm |
| Fastest growing segment | 3-4mm |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | 2-3mm, 3-4mm, 4-5mm, >5mm |
| Key market players worldwide | Medtronic PLC, Stryker Corp, Terumo Corp, MicroPort Scientific Corp, Johnson & Johnson, InspireMD Inc, Balt, Phenox, Acandis GmbH |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.6% of the global flow diverters market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil flow diverters 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 16.3 million by 2030.
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Flow Diverters Market Scope
Flow Diverters Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico flow diverters 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 flow diverters market will help companies and investors design strategic landscapes.
>5mm was the largest segment with a revenue share of 62% in 2023. Horizon Databook has segmented the Mexico flow diverters market based on 2-3mm, 3-4mm, 4-5mm, >5mm covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico’s market is anticipated to witness significant growth over the forecast period. According to WHO, Mexico is a high-burden tobacco-use country in Latin America. The National Council for the Evaluation of Social Development Policy reported that around 7.8% of the population in Mexico is aged 65 and above.
Furthermore, smoking increases the healthcare cost, which is around USD 844 million per year. Thus, increasing tobacco consumption, growing geriatric population, and rising healthcare spending are expected to drive market growth.
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Our clientele includes a mix of flow diverters 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 flow diverters market , including forecasts for subscribers. This country databook contains high-level insights into Mexico flow diverters market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico flow diverters market size, by product, 2018-2030 (US$M)
Mexico Flow Diverters Market Outlook Share, 2023 & 2030 (US$M)
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