Mexico Kyphoplasty Market Size & Outlook, 2022-2030
Mexico kyphoplasty market, 2018-2030 (US$M)
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Mexico kyphoplasty market highlights
- The Mexico kyphoplasty market generated a revenue of USD 3.3 million in 2022 and is expected to reach USD 5.4 million by 2030.
- The Mexico market is expected to grow at a CAGR of 6.4% from 2023 to 2030.
- In terms of segment, bone access devices was the largest revenue generating product in 2022.
- Balloon Catheters is the most lucrative product segment registering the fastest growth during the forecast period.
Kyphoplasty market data book summary
| Market revenue in 2022 | USD 3.3 million |
| Market revenue in 2030 | USD 5.4 million |
| Growth rate | 6.4% (CAGR from 2022 to 2030) |
| Largest segment | Bone access devices |
| Fastest growing segment | Balloon Catheters |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Balloon Catheters, Bone Access Devices, Cement Application Products, Instruments |
| Key market players worldwide | Stryker Corp, Medtronic PLC, Smith & Nephew PLC, MicroPort Scientific Corp, Johnson & Johnson, Halma PLC, CareFusion, Merit Medical Systems Inc, iMedicom, Seawon Meditech, Joline, G21, Joimax |
Other key industry trends
- In terms of revenue, Mexico accounted for 0.5% of the global kyphoplasty market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil kyphoplasty 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 5.4 million by 2030.
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Kyphoplasty Market Scope
Kyphoplasty Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico kyphoplasty 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 kyphoplasty market will help companies and investors design strategic landscapes.
Bone access devices was the largest segment with a revenue share of 42.42% in 2022. Horizon Databook has segmented the Mexico kyphoplasty market based on balloon catheters, bone access devices, cement application products, instruments covering the revenue growth of each sub-segment from 2018 to 2030.
Insurance coverage is one of the key factors fueling the market. For example, Medtronic focused on enhancing patient access to Medtronic technologies and therapies. The company provided Therapy Access Solutions and services to help navigate the authorization and appeal process.
The TAS program offers information, training, and support to customers. Key player such as Medtronic began the pediatric clinical trial for spinal tether in treatment of scoliosis in September 2021.
The rising prevalence of orthopedic diseases, such as arthritis, osteoarthritis, and others, will act as a major factor influencing growth of smart orthopedic implants market. Along with this, increasing urbanization and rising disposable income are factors driving growth of the kyphoplasty market.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico kyphoplasty market , including forecasts for subscribers. This country databook contains high-level insights into Mexico kyphoplasty market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico kyphoplasty market size, by product, 2018-2030 (US$M)
Mexico Kyphoplasty Market Outlook Share, 2022 & 2030 (US$M)
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