Mexico Home Healthcare Market Size & Outlook, 2023-2030
Mexico home healthcare market, 2018-2030 (US$M)
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Mexico home healthcare market highlights
- The Mexico home healthcare market generated a revenue of USD 3,523.5 million in 2023 and is expected to reach USD 7,001.8 million by 2030.
- The Mexico market is expected to grow at a CAGR of 10.3% from 2024 to 2030.
- In terms of segment, services was the largest revenue generating component in 2023.
- Equipment is the most lucrative component segment registering the fastest growth during the forecast period.
Home healthcare market data book summary
| Market revenue in 2023 | USD 3,523.5 million |
| Market revenue in 2030 | USD 7,001.8 million |
| Growth rate | 10.3% (CAGR from 2023 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Equipment |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Equipment, Services |
| Key market players worldwide | B. Braun, Abbott Laboratories, Sunrise Medical, 3M Co, Baxter International Inc, Medtronic PLC, Cardinal Health Inc, Roche Holding AG ADR, Air Liquide SA, Amedisys Inc, Fresenius Medical Care AG, Arkray, Becton Dickinson & Co, OMRON Corp, Drive Medical, GE Aerospace, Medline Industries, Koninklijke Philips NV, Johnson & Johnson, Linde PLC, Vygon, Teleflex Inc, Moog Inc A, Fresenius SE & Co KGaA, Bayer AG, UnitedHealth Group Inc, Brookdale Senior Living Inc, Sunrise Senior Living, Genesis Healthcare Inc Class A, Extendicare Inc, Sonida Senior Living Inc, Home Instead |
Other key industry trends
- In terms of revenue, Mexico accounted for 0.9% of the global home healthcare market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil home healthcare 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 7,001.8 million by 2030.
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Home Healthcare Market Scope
Home Healthcare Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico home healthcare 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 home healthcare market will help companies and investors design strategic landscapes.
Services was the largest segment with a revenue share of 84.29% in 2023. Horizon Databook has segmented the Mexico home healthcare market based on equipment, services covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico was one of the major contributors to Latin America market in 2022, which can be attributed to the local presence of key players, supportive government regulations, and investments by international market players. For instance, according to Mexico’s new Health Accord in 2010, medical equipment approved in the U.S. or Canada can be approved on a fast-track basis in Mexico.
This can help decrease the approval and commercialization timeline for market players, boosting the market in Mexico. The prevalence of diabetes in the adult population is around 15%. Moreover, the obesity rate is growing in the country, which may drive demand for monitoring devices for disease management. Thus, owing to these factors, the demand for portable patient monitoring devices is expected to grow substantially over the forecast period.
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Our clientele includes a mix of home healthcare 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 home healthcare market , including forecasts for subscribers. This country databook contains high-level insights into Mexico home healthcare market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico home healthcare market size, by component, 2018-2030 (US$M)
Mexico Home Healthcare Market Outlook Share, 2023 & 2030 (US$M)
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