Mexico Neovaginal Surgery Market Size & Outlook, 2023-2030
Mexico neovaginal surgery market, 2018-2030 (US$M)
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Mexico neovaginal surgery market highlights
- The Mexico neovaginal surgery market generated a revenue of USD 12.7 million in 2023 and is expected to reach USD 16.4 million by 2030.
- The Mexico market is expected to grow at a CAGR of 3.7% from 2024 to 2030.
- In terms of segment, sex reassignment surgery was the largest revenue generating treatment type in 2023.
- Sex Reassignment Surgery is the most lucrative treatment type segment registering the fastest growth during the forecast period.
Neovaginal surgery market data book summary
| Market revenue in 2023 | USD 12.7 million |
| Market revenue in 2030 | USD 16.4 million |
| Growth rate | 3.7% (CAGR from 2023 to 2030) |
| Largest segment | Sex reassignment surgery |
| Fastest growing segment | Sex Reassignment Surgery |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Vaginal Agenesis Treatment Surgery, Sex Reassignment Surgery, Vaginal Atresia Treatment Surgery |
| Key market players worldwide | Icahn School of Medicine at Mount Sinai, Nationwide Children's Hospital, Tricity Institute of Plastic Surgery TIPS |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.1% of the global neovaginal surgery market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil neovaginal surgery 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 25.9 million by 2030.
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Neovaginal Surgery Market Scope
Neovaginal Surgery Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico neovaginal surgery 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 neovaginal surgery market will help companies and investors design strategic landscapes.
Sex reassignment surgery was the largest segment with a revenue share of 55.12% in 2023. Horizon Databook has segmented the Mexico neovaginal surgery market based on vaginal agenesis treatment surgery, sex reassignment surgery, vaginal atresia treatment surgery covering the revenue growth of each sub-segment from 2018 to 2030.
In October 2019, a study conducted to evaluate the prevalence of Müllerian Anomalies (MA) in Mexico revealed that out of the total prevalence of MA, vaginal agenesis contributed only 3.4% and septate uterus, arcuate uterus, bicornuate uterus, unicornuate uterus, and didelphys uterus were responsible for the rest.
Annually, around 100,000 international patients visit Mexican hospitals to seek remarkable medical care at significantly reduced rates. The vendors offering vaginal dilators and stents in the country have entered into agreements and partnerships with internationally accredited hospitals to help patients undergoing male-to-female gender reassignment procedures. T
he cost of these procedures is up to 80% less in comparison with the average procedure cost in the U.S., UK, and Australia without hampering procedure quality. Availability of gender reassignment procedures at a relatively low cost makes Mexico a potential key market for neovaginal surgeries.
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Our clientele includes a mix of neovaginal surgery market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico neovaginal surgery market , including forecasts for subscribers. This country databook contains high-level insights into Mexico neovaginal surgery market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico neovaginal surgery market size, by treatment type, 2018-2030 (US$M)
Mexico Neovaginal Surgery Market Outlook Share, 2023 & 2030 (US$M)
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