Mexico Medical Device Validation & Verification Market Size & Outlook

The medical device validation & verification market in Mexico is expected to reach a projected revenue of US$ 15.5 million by 2030. A compound annual growth rate of 9% is expected of Mexico medical device validation & verification market from 2024 to 2030.
Revenue, 2023 (US$M)
$8.5
Forecast, 2030 (US$M)
$15.5
CAGR, 2024 - 2030
9%
Report Coverage
Mexico

Mexico medical device validation & verification market, 2018-2030 (US$M)

Mexico

Related Markets

Mexico medical device validation & verification market highlights

  • The Mexico medical device validation & verification market generated a revenue of USD 8.5 million in 2023 and is expected to reach USD 15.5 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 9% from 2024 to 2030.
  • In terms of segment, oncology was the largest revenue generating therapeutic area in 2023.
  • Cardiovascular is the most lucrative therapeutic area segment registering the fastest growth during the forecast period.

Medical device validation & verification market data book summary

Market revenue in 2023USD 8.5 million
Market revenue in 2030USD 15.5 million
Growth rate9% (CAGR from 2023 to 2030)
Largest segmentOncology
Fastest growing segmentCardiovascular
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCardiovascular, Dermatology, Orthopedics, Nephrology, Respiratory, Neurology, Oncology, ENT
Key market players worldwideSGS AG, Intertek Group PLC, Element Materials Technology, NAMSA, Eurofins Scientific SE, Charles River Laboratories International Inc, Sterling Check Corp, Toxikon, Steris PLC

Other key industry trends

  • In terms of revenue, Mexico accounted for 1.2% of the global medical device validation & verification market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil medical device validation & verification 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 15.5 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Medical Device Validation & Verification Market Companies

Name Profile # Employees HQ Website

Mexico medical device validation & verification 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 medical device validation & verification market will help companies and investors design strategic landscapes.


Oncology was the largest segment with a revenue share of 27.06% in 2023. Horizon Databook has segmented the Mexico medical device validation & verification market based on cardiovascular, dermatology, orthopedics, nephrology, respiratory, neurology, oncology, ent covering the revenue growth of each sub-segment from 2018 to 2030.


  • Mexico Medical Device Validation & Verification Therapeutic Area Outlook (Revenue, USD Million, 2018-2030)
    • Cardiovascular
    • Dermatology
    • Orthopedics
    • Nephrology
    • Respiratory
    • Neurology
    • Oncology
    • ENT
    • Others
  • Mexico Medical Device Validation & Verification Application Outlook (Revenue, USD Million, 2018-2030)
    • Diagnostics
    • Therapeutic
    • Implants
      • Active Implantable Medical Device
      • Medical Implants
  • Mexico Medical Device Validation & Verification Technology Outlook (Revenue, USD Million, 2018-2030)
    • Mechanical testing
    • Biological
    • EMI/EMC
    • Electrical safety testing

Reasons to subscribe to Mexico medical device validation & verification market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Mexico medical device validation & verification market databook

  • Our clientele includes a mix of medical device validation & verification market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the Mexico medical device validation & verification market , including forecasts for subscribers. This country databook contains high-level insights into Mexico medical device validation & verification market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Mexico medical device validation & verification market size, by therapeutic area, 2018-2030 (US$M)

Mexico Medical Device Validation & Verification Market Outlook Share, 2023 & 2030 (US$M)

Mexico medical device validation & verification market size, by therapeutic area, 2018-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more