Mexico Radiofrequency Ablation Devices Market Size & Outlook
Mexico radiofrequency ablation devices market, 2018-2030 (US$M)
Related Markets
Mexico radiofrequency ablation devices market highlights
- The Mexico radiofrequency ablation devices market generated a revenue of USD 161.0 million in 2023 and is expected to reach USD 392.2 million by 2030.
- The Mexico market is expected to grow at a CAGR of 13.6% from 2024 to 2030.
- In terms of segment, disposable equipment was the largest revenue generating component type in 2023.
- Disposable Equipment is the most lucrative component type segment registering the fastest growth during the forecast period.
Radiofrequency ablation devices market data book summary
| Market revenue in 2023 | USD 161.0 million |
| Market revenue in 2030 | USD 392.2 million |
| Growth rate | 13.6% (CAGR from 2023 to 2030) |
| Largest segment | Disposable equipment |
| Fastest growing segment | Disposable Equipment |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Disposable Equipment, Capital Equipment, Reusable Equipment |
| Key market players worldwide | Boston Scientific Corp, Medtronic PLC, Stryker Corp, Abbott Laboratories, Smith & Nephew PLC, Johnson & Johnson, AngioDynamics Inc |
Other key industry trends
- In terms of revenue, Mexico accounted for 3.4% of the global radiofrequency ablation devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil radiofrequency ablation devices market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 269.0 million by 2030.
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Radiofrequency Ablation Devices Market Scope
Radiofrequency Ablation Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico radiofrequency ablation 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 radiofrequency ablation devices market will help companies and investors design strategic landscapes.
Disposable equipment was the largest segment with a revenue share of 42.8% in 2023. Horizon Databook has segmented the Mexico radiofrequency ablation devices market based on disposable equipment, capital equipment, reusable equipment covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico accounted for a share of the around 24% of the radiofrequency ablation devices market in Latin America in 2018. The growth of the market in Mexico can be attributed to the presence of a significant number of market players and high incidence of cardiac conditions, such as atrial fibrillation, recurrent atrial flutter, ventricular cardiac arrhythmias, and supraventricular tachycardia in the country.
Radiofrequency ablation is a safe and reproducible therapeutic option for individuals with solid abnormalities of the heart & liver, chronic pain, cancer, and uterine fibroids. Moreover, minimum invasive procedures are gaining popularity in the country due to minimal bleeding and complications.
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Our clientele includes a mix of radiofrequency ablation devices 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 radiofrequency ablation devices market , including forecasts for subscribers. This country databook contains high-level insights into Mexico radiofrequency ablation devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico radiofrequency ablation devices market size, by component type, 2018-2030 (US$M)
Mexico Radiofrequency Ablation Devices Market Outlook Share, 2023 & 2030 (US$M)
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