Mexico Medical Device Validation & Verification Market Size & Outlook
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 2023 | USD 8.5 million |
| Market revenue in 2030 | USD 15.5 million |
| Growth rate | 9% (CAGR from 2023 to 2030) |
| Largest segment | Oncology |
| Fastest growing segment | Cardiovascular |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cardiovascular, Dermatology, Orthopedics, Nephrology, Respiratory, Neurology, Oncology, ENT |
| Key market players worldwide | SGS 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.
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Medical Device Validation & Verification Market Scope
Medical Device Validation & Verification Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| NAMSA | View profile | 1001-5000 | Northwood, Ohio, United States, North America | http://www.namsa.com/ |
| Element Materials Technology | View profile | 5001-10000 | Aberdeen, Aberdeen City, United Kingdom, Europe | https://www.element.com |
| Sterling Check Corp | View profile | 5700 | 6150 Oak Tree Boulevard, Suite 490, Independence, OH, United States, 44131 | https://www.sterlingcheck.com |
| Toxikon | View profile | 101-250 | Bedford, Massachusetts, United States, North America | http://www.toxikon.com/ |
| Intertek Group PLC | View profile | 44000 | 33 Cavendish Square, London, United Kingdom, W1G 0PS | https://www.intertek.com |
| SGS AG | View profile | 103193 | 1 Place des Alpes, P.O. Box 2152, Geneva, Switzerland, CH-1211 | https://www.sgs.com |
| Charles River Laboratories International Inc | View profile | 21400 | 251 Ballardvale Street, Wilmington, MA, United States, 01887 | https://www.criver.com |
| Eurofins Scientific SE | View profile | 61798 | 23 Val Fleuri, Luxembourg, Luxembourg, L-1526 | https://www.eurofins.com |
| Steris PLC | View profile | 17100 | 5960 Heisley Road, Mentor, OH, United States, 44060 | https://www.steris-ir.com |
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 2024. 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
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Target buyers of Mexico medical device validation & verification market databook
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Our clientele includes a mix of medical device validation & verification market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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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.
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Mexico Medical Device Validation & Verification Market Outlook Share, 2024 & 2030 (US$M)
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