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 |
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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 2024. 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.
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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