Mexico Sclerotherapy Market Size & Outlook, 2020-2027
Mexico sclerotherapy market, 2016-2027 (US$M)
Related Markets
Mexico sclerotherapy market highlights
- The Mexico sclerotherapy market generated a revenue of USD 10.4 million in 2020 and is expected to reach USD 15.2 million by 2027.
- The Mexico market is expected to grow at a CAGR of 5.6% from 2021 to 2027.
- In terms of segment, detergents was the largest revenue generating agent in 2020.
- Detergents is the most lucrative agent segment registering the fastest growth during the forecast period.
Sclerotherapy market data book summary
| Market revenue in 2020 | USD 10.4 million |
| Market revenue in 2027 | USD 15.2 million |
| Growth rate | 5.6% (CAGR from 2020 to 2027) |
| Largest segment | Detergents |
| Fastest growing segment | Detergents |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Detergents, Chemical Irritants, Osmotic Agents |
| Key market players worldwide | B2Gold Corp, LGM Pharma, Troikaa Pharmaceuticals, Mylan, Perrigo Co PLC, Merz Pharma, Medi-Globe |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.1% of the global sclerotherapy market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In Latin America, Brazil sclerotherapy market is projected to lead the regional market in terms of revenue in 2027.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 10.8 million by 2027.
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Sclerotherapy Market Scope
Sclerotherapy Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico sclerotherapy 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 sclerotherapy market will help companies and investors design strategic landscapes.
Detergents was the largest segment with a revenue share of 42.31% in 2020. Horizon Databook has segmented the Mexico sclerotherapy market based on detergents, chemical irritants, osmotic agents covering the revenue growth of each sub-segment from 2016 to 2027.
Mexico has become one of the most popular destinations for individuals wanting to go for affordable noninvasive aesthetic treatments, becoming the hotspot for medical tourism. Mexico is among the top 10 aesthetic markets in the world and is the second largest market for aesthetic products in Latin America.
According to NCBI, a study conducted named ENDORSE II in the year 2016 stated that approximately 50% of hospitalized patients from across 43 hospitals in Mexico were identified as being at risk of deep vein thrombosis (DVT) or pulmonary embolism (PE). The major factor is the escalating burden of obesity and rising geriatric population in the country.
According to the Organization for Economic Co-operation and Development (OECD), the obesity rates in Mexico is second highest in the world (32.4%) after the U.S (38.2%) and the projections show that the number is going to escalate until 2030.
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Target buyers of Mexico sclerotherapy market databook
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Our clientele includes a mix of sclerotherapy market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico sclerotherapy market, including forecasts for subscribers. This country databook contains high-level insights into Mexico sclerotherapy market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Partial client list
Mexico sclerotherapy market size, by agent, 2016-2027 (US$M)
Mexico Sclerotherapy Market Share, 2020 & 2027 (US$M)
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