Mexico Laparoscopic Devices Market Size & Outlook
Mexico laparoscopic devices market, 2018-2030 (US$M)
Related Markets
Mexico laparoscopic devices market highlights
- The Mexico laparoscopic devices market generated a revenue of USD 171.5 million in 2023 and is expected to reach USD 298.4 million by 2030.
- The Mexico market is expected to grow at a CAGR of 8.2% from 2024 to 2030.
- In terms of segment, energy systems was the largest revenue generating product in 2023.
- Robot Assisted Systems is the most lucrative product segment registering the fastest growth during the forecast period.
Laparoscopic devices market data book summary
| Market revenue in 2023 | USD 171.5 million |
| Market revenue in 2030 | USD 298.4 million |
| Growth rate | 8.2% (CAGR from 2023 to 2030) |
| Largest segment | Energy systems |
| Fastest growing segment | Robot Assisted Systems |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Laparoscopes, Energy Systems, Trocars, Closure Devices, Suction/ Irrigation Device, Insufflation Device, Robot Assisted Systems, Hand Access Instruments |
| Key market players worldwide | Karl Storz, Medtronic PLC, Johnson & Johnson, Olympus Corp, B. Braun, The Cooper Companies Inc, Richard Wolf, Hoya Corp, BD, Welfare Medical, DEAM, Intuitive Surgical Inc |
Other key industry trends
- In terms of revenue, Mexico accounted for 2.2% of the global laparoscopic devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil laparoscopic devices 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 445.6 million by 2030.
Energy systems was the largest segment with a revenue share of 24.26% in 2023. Horizon Databook has segmented the Mexico laparoscopic devices market based on laparoscopes, energy systems, trocars, closure devices, suction/ irrigation device, insufflation device, robot assisted systems, hand access instruments covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico held a significant market share in 2020 owing to high rate of obesity and overweight in the country. According to OECD, Mexico is one of the countries with highest obesity rate, with more than 30% obese population, which is expected to increase to 39.0% by 2030. This factor creates opportunities for key players to enter Mexico laparoscopic devices market.
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Laparoscopic Devices Market Scope
Laparoscopic Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico laparoscopic devices market size, by product, 2018-2030 (US$M)
Mexico Laparoscopic Devices Market Outlook Share, 2023 & 2030 (US$M)
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