Mexico Mammography Market Size & Outlook, 2023-2030
Mexico mammography market, 2018-2030 (US$M)
Related Markets
Mexico mammography market highlights
- The Mexico mammography market generated a revenue of USD 30.0 million in 2023 and is expected to reach USD 60.3 million by 2030.
- The Mexico market is expected to grow at a CAGR of 10.5% from 2024 to 2030.
- In terms of segment, digital systems was the largest revenue generating product in 2023.
- 3D Systems is the most lucrative product segment registering the fastest growth during the forecast period.
Mammography market data book summary
| Market revenue in 2023 | USD 30.0 million |
| Market revenue in 2030 | USD 60.3 million |
| Growth rate | 10.5% (CAGR from 2023 to 2030) |
| Largest segment | Digital systems |
| Fastest growing segment | 3D Systems |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Film Screen Systems, Digital Systems, Analog Systems, 3D Systems |
| Key market players worldwide | Hologic Inc, Analog Devices Inc, Canon Inc, FUJIFILM Holdings Corp, Siemens Healthineers AG ADR, Toshiba Corporation, GE HealthCare Technologies Inc Common Stock, Metaltronica, Koninklijke Philips NV, Planmed |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.3% of the global mammography market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Argentina mammography 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 78.7 million by 2030.
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Mammography Market Scope
Mammography Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico mammography 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 mammography market will help companies and investors design strategic landscapes.
Digital systems was the largest segment with a revenue share of 59.33% in 2023. Horizon Databook has segmented the Mexico mammography market based on film screen systems, digital systems, analog systems, 3d systems covering the revenue growth of each sub-segment from 2018 to 2030.
Declining healthcare expenditure by the government and lack of adequate healthcare facilities in the country are among major factors restraining the market growth. According to a report published by Country Economy in 2018, the healthcare expenditure was around 2.81% of GDP in 2018, whereas in 2016, it was 2.86% of the GDP.
Decrease in healthcare expenditure often restricts many new and key players from entering the Mexican market. Moreover, lack of skilled professionals and knowledge among people regarding the treatment and advanced diagnostic procedures of breast cancer is expected to impede the market growth.
Furthermore, majority of the patients prefer to avail treatment outside the country due to the absence of adequate hospital settings and clinics in the country. Only a few cities in Mexico, such as Monterrey, Guadalajara, and Mexico City, offer advanced healthcare facilities.
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Our clientele includes a mix of mammography 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 mammography market , including forecasts for subscribers. This country databook contains high-level insights into Mexico mammography market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico mammography market size, by product, 2018-2030 (US$M)
Mexico Mammography Market Outlook Share, 2023 & 2030 (US$M)
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