Mexico Ostomy Care And Accessories Market Size & Outlook
Mexico ostomy care and accessories market, 2018-2030 (US$M)
Related Markets
Mexico ostomy care and accessories market highlights
- The Mexico ostomy care and accessories market generated a revenue of USD 85.7 million in 2023 and is expected to reach USD 132.1 million by 2030.
- The Mexico market is expected to grow at a CAGR of 6.4% from 2024 to 2030.
- In terms of segment, bags was the largest revenue generating product in 2023.
- Accessories is the most lucrative product segment registering the fastest growth during the forecast period.
Ostomy care and accessories market data book summary
| Market revenue in 2023 | USD 85.7 million |
| Market revenue in 2030 | USD 132.1 million |
| Growth rate | 6.4% (CAGR from 2023 to 2030) |
| Largest segment | Bags |
| Fastest growing segment | Accessories |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bags, Accessories |
| Key market players worldwide | Coloplast A/S ADR, ConvaTec Group PLC, Hollister, Marlen Manufacturing and Development Co., Nu-Hope Laboratories, Perfect Choice Medical Technologies, Safe N Simple, AdvaCare Pharma, CyMed, Eakin Healthcare Group, Alcare Diagnostics & Research Center |
Other key industry trends
- In terms of revenue, Mexico accounted for 2.3% of the global ostomy care and accessories market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil ostomy care and accessories 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 132.1 million by 2030.
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Ostomy Care And Accessories Market Scope
Ostomy Care And Accessories Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico ostomy care and accessories 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 ostomy care and accessories market will help companies and investors design strategic landscapes.
Bags was the largest segment with a revenue share of 84.95% in 2023. Horizon Databook has segmented the Mexico ostomy care and accessories market based on bags, accessories covering the revenue growth of each sub-segment from 2018 to 2030.
The market for ostomy care in Mexico is mainly driven by increasing geriatric population which is susceptible to diseases such as urological diseases and colorectal cancer. Cervical carcinoma is one of the leading causes of death in the country.
Treatment of this type of cancer includes colostomy, as well as ileostomy. Women with vaginal cancer or cervical cancer may need to have a colostomy. Thus, increasing incidence of cervical cancer is driving the growth of the market for ostomy care in Mexico.
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Our clientele includes a mix of ostomy care and accessories 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 ostomy care and accessories market , including forecasts for subscribers. This country databook contains high-level insights into Mexico ostomy care and accessories market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico ostomy care and accessories market size, by product, 2018-2030 (US$M)
Mexico Ostomy Care And Accessories Market Outlook Share, 2023 & 2030 (US$M)
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