Mexico Near Infrared Imaging Market Size & Outlook
Mexico near infrared imaging market, 2018-2030 (US$M)
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Mexico near infrared imaging market highlights
- The Mexico near infrared imaging market generated a revenue of USD 20.7 million in 2023 and is expected to reach USD 26.2 million by 2030.
- The Mexico market is expected to grow at a CAGR of 3.4% from 2024 to 2030.
- In terms of segment, reagents was the largest revenue generating product in 2023.
- Reagents is the most lucrative product segment registering the fastest growth during the forecast period.
Near infrared imaging market data book summary
| Market revenue in 2023 | USD 20.7 million |
| Market revenue in 2030 | USD 26.2 million |
| Growth rate | 3.4% (CAGR from 2023 to 2030) |
| Largest segment | Reagents |
| Fastest growing segment | Reagents |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Devices, Reagents |
| Key market players worldwide | Stryker Corp, Olympus Corp, Hamamatsu Photonics KK, Shimadzu Corp, Medtronic PLC, Carl Zeiss Meditec AG |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.0% of the global near infrared imaging market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil near infrared imaging 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 35.3 million by 2030.
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Near Infrared Imaging Market Scope
Near Infrared Imaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico near infrared imaging 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 near infrared imaging market will help companies and investors design strategic landscapes.
Reagents was the largest segment with a revenue share of 56.04% in 2023. Horizon Databook has segmented the Mexico near infrared imaging market based on devices, reagents covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico is the second largest developing economy in Latin America after Brazil. High healthcare spending by both public & private sectors has increased the demand for advanced healthcare services. Thus, adoption of innovative products is high in Mexico.
Moreover, rising geriatric population in the country is anticipated to drive the market. For instance, as per World Bank, in Mexico, 6.6% of the total population is aged 65 or above.
The geriatric population is likely to suffer from various diseases, such as cancer, cardiac conditions, and epilepsy, owing to which market growth is anticipated over the forecast period.
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Target buyers of Mexico near infrared imaging market databook
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Our clientele includes a mix of near infrared imaging 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 near infrared imaging market , including forecasts for subscribers. This country databook contains high-level insights into Mexico near infrared imaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico near infrared imaging market size, by product, 2018-2030 (US$M)
Mexico Near Infrared Imaging Market Outlook Share, 2023 & 2030 (US$M)
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