Mexico Healthcare Bioconvergence Market Size & Outlook

The healthcare bioconvergence market in Mexico is expected to reach a projected revenue of US$ 3,251.0 million by 2030. A compound annual growth rate of 6.6% is expected of Mexico healthcare bioconvergence market from 2023 to 2030.

Revenue, 2022 (US$M)
$1,944.7
Forecast, 2030 (US$M)
$3,251.0
CAGR, 2023 - 2030
6.6%
Report Coverage
Mexico

Mexico healthcare bioconvergence market highlights

  • The Mexico healthcare bioconvergence market generated a revenue of USD 1,944.7 million in 2022 and is expected to reach USD 3,251.0 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 6.6% from 2023 to 2030.
  • In terms of segment, drug discovery was the largest revenue generating application in 2022.
  • Regenerative Medicine is the most lucrative application segment registering the fastest growth during the forecast period.

Healthcare bioconvergence market data book summary

Market revenue in 2022USD 1,944.7 million
Market revenue in 2030USD 3,251.0 million
Growth rate6.6% (CAGR from 2022 to 2030)
Largest segmentDrug discovery
Fastest growing segmentRegenerative Medicine
Historical data2017 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDrug Discovery, Nanorobotics for Drug Delivery, Regenerative Medicine, Diagnostic and Biological, Bioelectronics, Engineered Living Materials, Optogenetics, Precision Medicine
Key market players worldwideBiomX Inc, Ginkgo Bioworks Holdings Inc, SetPoint Medical, GSK PLC, BICO

Other key industry trends

  • In terms of revenue, Mexico accounted for 1.6% of the global healthcare bioconvergence market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil healthcare bioconvergence market is projected to lead the regional market in terms of revenue in 2030.
  • Argentina is the fastest growing regional market in Latin America and is projected to reach USD 957.1 million by 2030.

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Healthcare Bioconvergence Market Companies

Name Profile # Employees HQ Website

Mexico healthcare bioconvergence 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 healthcare bioconvergence market will help companies and investors design strategic landscapes.


Drug discovery was the largest segment with a revenue share of 18.96% in 2022. Horizon Databook has segmented the Mexico healthcare bioconvergence market based on drug discovery, nanorobotics for drug delivery, regenerative medicine, diagnostic and biological, bioelectronics, engineered living materials, optogenetics, precision medicine covering the revenue growth of each sub-segment from 2017 to 2030.


  • Mexico Healthcare Bioconvergence Application Outlook (Revenue, USD Million, 2017-2030)
    • Drug Discovery
    • Nanorobotics for Drug Delivery
    • Regenerative Medicine
    • Diagnostic and Biological
    • Bioelectronics
    • Engineered Living Materials
    • Optogenetics
    • Precision Medicine

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Target buyers of Mexico healthcare bioconvergence market databook

  • Our clientele includes a mix of healthcare bioconvergence market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 healthcare bioconvergence market, including forecasts for subscribers. This country databook contains high-level insights into Mexico healthcare bioconvergence market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Mexico healthcare bioconvergence market report size, by application, 2017-2030 (US$M)

Mexico Healthcare Bioconvergence Market Share, 2022 & 2030 (US$M)

Mexico healthcare bioconvergence market report size, by application, 2017-2030 (US$M)

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