Mexico Smart Card In Healthcare Market Size & Outlook

The smart card in healthcare market in Mexico is expected to reach a projected revenue of US$ 36.7 million by 2028. A compound annual growth rate of 12.6% is expected of Mexico smart card in healthcare market from 2022 to 2028.
Revenue, 2021 (US$M)
$16.0
Forecast, 2028 (US$M)
$36.7
CAGR, 2022 - 2028
12.6%
Report Coverage
Mexico

Mexico smart card in healthcare market highlights

  • The Mexico smart card in healthcare market generated a revenue of USD 16.0 million in 2021 and is expected to reach USD 36.7 million by 2028.
  • The Mexico market is expected to grow at a CAGR of 12.6% from 2022 to 2028.
  • In terms of segment, contactless smart cards was the largest revenue generating product type in 2021.
  • Hybrid Smart Cards is the most lucrative product type segment registering the fastest growth during the forecast period.


Smart card in healthcare market data book summary

Market revenue in 2021USD 16.0 million
Market revenue in 2028USD 36.7 million
Growth rate12.6% (CAGR from 2021 to 2028)
Largest segmentContactless smart cards
Fastest growing segmentHybrid Smart Cards
Historical data2016 - 2020
Base year2021
Forecast period2022 - 2028
Quantitative unitsRevenue in USD million
Market segmentationHybrid Smart Cards, Contactless Smart Cards, Contact-Based Smart Cards, Dual-Interface Smart Cards
Key market players worldwideAtos SE, Infineon Technologies AG, NXP Semiconductors NV, Texas Instruments Inc, Thales, Giesecke+Devrient, CardLogix Corporation, IDenticard Systems


Other key industry trends

  • In terms of revenue, Mexico accounted for 1.5% of the global smart card in healthcare market in 2021.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
  • In Latin America, Brazil smart card in healthcare market is projected to lead the regional market in terms of revenue in 2028.
  • Brazil is the fastest growing regional market in Latin America and is projected to reach USD 44.8 million by 2028.

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Smart Card In Healthcare Market Companies

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Mexico smart card in healthcare 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 smart card in healthcare market will help companies and investors design strategic landscapes.


Contactless smart cards was the largest segment with a revenue share of 28.13% in 2021. Horizon Databook has segmented the Mexico smart card in healthcare market based on hybrid smart cards, contactless smart cards, contact-based smart cards, dual-interface smart cards covering the revenue growth of each sub-segment from 2016 to 2028.


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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico smart card in healthcare market , including forecasts for subscribers. This country databook contains high-level insights into Mexico smart card in healthcare market from 2016 to 2028, including revenue numbers, major trends, and company profiles.

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Mexico smart card in healthcare market size, by product type, 2016-2028 (US$M)

Mexico Smart Card In Healthcare Market Outlook Share, 2021 & 2028 (US$M)

Mexico smart card in healthcare market size, by product type, 2016-2028 (US$M)

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