Mexico Medical Polyetheretherketone Market Size & Outlook
Mexico medical polyetheretherketone market, 2019-2030 (US$M)
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Mexico medical polyetheretherketone market highlights
- The Mexico medical polyetheretherketone market generated a revenue of USD 18.0 million in 2023 and is expected to reach USD 28.1 million by 2030.
- The Mexico market is expected to grow at a CAGR of 6.6% from 2024 to 2030.
- In terms of segment, orthopedic was the largest revenue generating application in 2023.
- Cardiovascular is the most lucrative application segment registering the fastest growth during the forecast period.
Medical polyetheretherketone market data book summary
| Market revenue in 2023 | USD 18.0 million |
| Market revenue in 2030 | USD 28.1 million |
| Growth rate | 6.6% (CAGR from 2023 to 2030) |
| Largest segment | Orthopedic |
| Fastest growing segment | Cardiovascular |
| Historical data | 2019 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Trauma Fixation, Cardiovascular, Orthopedic, Dental Implants & Fixtures |
| Key market players worldwide | Superior Industries International Inc, Evonik Industries AG, Invibio, Solvay SA, Medtronic PLC, Victrex PLC, PetroChina Co Ltd Class H |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.9% of the global medical polyetheretherketone market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. medical polyetheretherketone market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 342.6 million by 2030.
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Medical Polyetheretherketone Market Scope
Medical Polyetheretherketone Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico medical polyetheretherketone 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 polyetheretherketone market will help companies and investors design strategic landscapes.
Orthopedic was the largest segment with a revenue share of 45% in 2023. Horizon Databook has segmented the Mexico medical polyetheretherketone market based on trauma fixation, cardiovascular, orthopedic, dental implants & fixtures covering the revenue growth of each sub-segment from 2019 to 2030.
The high cost of healthcare in the U.S. has prompted several people to opt for Mexico to get medical treatment. Mexico offers high-cost treatments, such as total knee replacement, cardiac surgeries, and other orthopedic surgeries, at a cheaper rate as compared to the U.S.
Thus, the growing medical tourism industry in Mexico is expected to drive the medical polyetheretherketone (PEEK) market in the country over the forecast period. Also, the growing prevalence of unhealthy lifestyles and the rising geriatric population are expected to drive the market for medical PEEK in Mexico.
With massive growth in demand for knee & hip implants and cardiac implants in Mexico driven by medical tourism from the U.S and other countries, the demand for medical PEEK is expected to augment at a significant rate over the forecast period.
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Target buyers of Mexico medical polyetheretherketone market databook
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Our clientele includes a mix of medical polyetheretherketone 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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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico medical polyetheretherketone market , including forecasts for subscribers. This country databook contains high-level insights into Mexico medical polyetheretherketone market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico medical polyetheretherketone market size, by application, 2019-2030 (US$M)
Mexico Medical Polyetheretherketone Market Outlook Share, 2023 & 2030 (US$M)
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