Mexico Peripheral Vascular Devices Market Size & Outlook
Mexico peripheral vascular devices market, 2018-2030 (US$M)
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Mexico peripheral vascular devices market highlights
- The Mexico peripheral vascular devices market generated a revenue of USD 118.5 million in 2024 and is expected to reach USD 154.3 million by 2030.
- The Mexico market is expected to grow at a CAGR of 4.5% from 2025 to 2030.
- In terms of segment, peripheral stents was the largest revenue generating type in 2024.
- Peripheral Accessories is the most lucrative type segment registering the fastest growth during the forecast period.
Peripheral vascular devices market data book summary
| Market revenue in 2024 | USD 118.5 million |
| Market revenue in 2030 | USD 154.3 million |
| Growth rate | 4.5% (CAGR from 2024 to 2030) |
| Largest segment | Peripheral stents |
| Fastest growing segment | Peripheral Accessories |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PTA Balloons, Peripheral Stents, Catheters, Endovascular Aneurysm Repair Stent Grafts, Plaque Modification Devices, Peripheral Accessories, Inferior Vena Cava Filters, Hemodynamic Flow Alteration Devices |
| Key market players worldwide | Abbott Laboratories, Edwards Lifesciences Corp, Medtronic PLC, St. Jude Medical, Teleflex Inc, Philips, Boston Scientific Corp, Cook Group, Covidien, AngioScore |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.1% of the global peripheral vascular devices market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Mexico peripheral vascular devices 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 154.3 million by 2030.
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Peripheral Vascular Devices Market Scope
Peripheral Vascular Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico peripheral vascular devices 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 peripheral vascular devices market will help companies and investors design strategic landscapes.
Peripheral stents was the largest segment with a revenue share of 26.41% in 2023. Horizon Databook has segmented the Mexico peripheral vascular devices market based on pta balloons, peripheral stents, catheters, endovascular aneurysm repair stent grafts, plaque modification devices, peripheral accessories, inferior vena cava filters, hemodynamic flow alteration devices covering the revenue growth of each sub-segment from 2018 to 2030.
The peripheral vascular devices market in Mexico is expected to significantly grow due to the increasing prevalence of chronic diseases coupled with government initiatives to provide better healthcare facilities. Top global medical device companies operate in Mexico, providing various peripheral vascular devices including Medtronic, Abbott Laboratories, Boston Scientific Corporation, and Terumo Corporation.
Adherence to health regulations is paramount for companies in Mexico. To successfully enter the market and gain product approval, it is crucial to comprehend and navigate the regulatory framework. Establishing robust distribution networks and forming partnerships with healthcare facilities are vital for achieving successful market penetration. Many companies opt to collaborate with local distributors to broaden their reach.
Moreover, advancements in medical technology and the development of new peripheral vascular devices are expected to boost market expansion. This may result in less invasive procedures, enhanced stent technologies, and improved diagnostic tools.
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Target buyers of Mexico peripheral vascular devices market databook
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Our clientele includes a mix of peripheral vascular devices 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 peripheral vascular devices market, including forecasts for subscribers. This country databook contains high-level insights into Mexico peripheral vascular devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico peripheral vascular devices market
Mexico Peripheral Vascular Devices Market Share, 2023 & 2030 (US$M)
Mexico peripheral vascular devices market
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