Mexico Magnetic Resonance Imaging Coils Market Size & Outlook
Mexico magnetic resonance imaging coils market, 2018-2030 (US$M)
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Mexico magnetic resonance imaging coils market highlights
- The Mexico magnetic resonance imaging coils market generated a revenue of USD 223.8 million in 2023 and is expected to reach USD 436.4 million by 2030.
- The Mexico market is expected to grow at a CAGR of 10% from 2024 to 2030.
- In terms of segment, radiofrequency coil was the largest revenue generating type in 2023.
- Radiofrequency Coil is the most lucrative type segment registering the fastest growth during the forecast period.
Magnetic resonance imaging coils market data book summary
| Market revenue in 2023 | USD 223.8 million |
| Market revenue in 2030 | USD 436.4 million |
| Growth rate | 10% (CAGR from 2023 to 2030) |
| Largest segment | Radiofrequency coil |
| Fastest growing segment | Radiofrequency Coil |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Radiofrequency Coil, Gradient Coil |
| Key market players worldwide | GE HealthCare Technologies Inc Common Stock, Koninklijke Philips NV, Siemens Healthineers AG ADR, Canon Inc, Esaote, Bruker Corp |
Other key industry trends
- In terms of revenue, Mexico accounted for 2.5% of the global magnetic resonance imaging coils market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil magnetic resonance imaging coils 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 436.4 million by 2030.
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Magnetic Resonance Imaging Coils Market Scope
Magnetic Resonance Imaging Coils Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico magnetic resonance imaging coils 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 magnetic resonance imaging coils market will help companies and investors design strategic landscapes.
Radiofrequency coil was the largest segment with a revenue share of 59.92% in 2023. Horizon Databook has segmented the Mexico magnetic resonance imaging coils market based on radiofrequency coil, gradient coil covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico’s healthcare system is dominated by private players, and healthcare delivery through private entities functions entirely as a free market. As of 2019, the country had over 4,707 operating hospitals and was a major medical device exporter to the Americas & Europe.
This provided significant opportunities to players operating in the MRI coils market who are looking to gain a competitive advantage. Low healthcare expenditure by the government and lack of adequate healthcare facilities in the country are major factors restraining the market growth.
Furthermore, majority of patients prefer to undergo treatment outside Mexico due to the absence of adequate hospital settings & clinics in the country. Hence, Mexico’s MRI coils market is anticipated to witness slow growth over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico magnetic resonance imaging coils market , including forecasts for subscribers. This country databook contains high-level insights into Mexico magnetic resonance imaging coils market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico magnetic resonance imaging coils market size, by type, 2018-2030 (US$M)
Mexico Magnetic Resonance Imaging Coils Market Outlook Share, 2023 & 2030 (US$M)
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