Mexico Internet Of Medical Things (iomt) Market Size & Outlook
Mexico internet of medical things (iomt) market, 2018-2030 (US$M)
Related Markets
Mexico internet of medical things (iomt) market highlights
- The Mexico internet of medical things (iomt) market generated a revenue of USD 2.8 billion in 2023 and is expected to reach USD 11.0 billion by 2030.
- The Mexico market is expected to grow at a CAGR of 21.7% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Internet of medical things (iomt) market data book summary
| Market revenue in 2023 | USD 2.8 billion |
| Market revenue in 2030 | USD 11.0 billion |
| Growth rate | 21.7% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | Apple Inc, Boston Scientific Corp, BIOTRONIK, Cisco Systems Inc, GE Aerospace, Honeywell International Inc, International Business Machines Corp, Johnson & Johnson, Koninklijke Philips NV, Lenovo Group Ltd, Medtronic PLC, NeuroMetrix Inc, Microsoft Corp, SAP SE ADR, Siemens AG |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.5% of the global internet of medical things (iomt) market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil internet of medical things (iomt) 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 20.7 billion by 2030.
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Internet of Medical Things (IoMT) Market Scope
Internet of Medical Things (IoMT) Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico internet of medical things (iomt) 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 internet of medical things (iomt) market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 46.43% in 2023. Horizon Databook has segmented the Mexico internet of medical things (iomt) market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico’s healthcare industry is undergoing rapid digitization, with a focus on leveraging IoT technologies for improved patient care and management. The integration of IoMT devices into healthcare systems is enhancing diagnostic capabilities and treatment outcomes.
Furthermore, the country is working on establishing a regulatory framework for IoMT devices to ensure their safety, efficacy, and interoperability within the healthcare ecosystem, which is further promoting investments in IoMT technologies.
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Target buyers of Mexico internet of medical things (iomt) market databook
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Our clientele includes a mix of internet of medical things (iomt) 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 internet of medical things (iomt) market, including forecasts for subscribers. This country databook contains high-level insights into Mexico internet of medical things (iomt) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico internet of medical things iomt market report size, by component, 2018-2030 (US$M)
Mexico Internet of Medical Things (IoMT) Market Share, 2023 & 2030 (US$M)
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