Mexico Medical Lifting Sling Market Size & Outlook
Mexico medical lifting sling market, 2018-2030 (US$M)
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Mexico medical lifting sling market highlights
- The Mexico medical lifting sling market generated a revenue of USD 19.2 million in 2023 and is expected to reach USD 37.3 million by 2030.
- The Mexico market is expected to grow at a CAGR of 10% from 2024 to 2030.
- In terms of segment, nylon slings was the largest revenue generating product in 2023.
- Nylon Slings is the most lucrative product segment registering the fastest growth during the forecast period.
Medical lifting sling market data book summary
| Market revenue in 2023 | USD 19.2 million |
| Market revenue in 2030 | USD 37.3 million |
| Growth rate | 10% (CAGR from 2023 to 2030) |
| Largest segment | Nylon slings |
| Fastest growing segment | Nylon Slings |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Nylon Slings, Padded Slings, Mesh Slings, Canvas Slings, Other Slings |
| Key market players worldwide | Arjo AB Class B, Baxter International Inc |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.9% of the global medical lifting sling 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 lifting sling 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 37.3 million by 2030.
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Medical Lifting Sling Market Scope
Medical Lifting Sling Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico medical lifting sling 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 lifting sling market will help companies and investors design strategic landscapes.
Nylon slings was the largest segment with a revenue share of 29.69% in 2023. Horizon Databook has segmented the Mexico medical lifting sling market based on nylon slings, padded slings, mesh slings, canvas slings, other slings covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico offers various logistical benefits that can provide economic benefit to manufacturing industries while importing raw materials to produce finished products.
In addition, highly skilled and technologically trained labor force in the country is offering a competitive advantage to the medical lifting sling manufacturers. Rapidly growing human population in the country is expected to propel demand for medical devices in the country.
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Target buyers of Mexico medical lifting sling market databook
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Our clientele includes a mix of medical lifting sling 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 lifting sling market , including forecasts for subscribers. This country databook contains high-level insights into Mexico medical lifting sling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico medical lifting sling market size, by product, 2018-2030 (US$M)
Mexico Medical Lifting Sling Market Outlook Share, 2023 & 2030 (US$M)
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