Mexico Smoke Evacuation System Market Size & Outlook
Mexico smoke evacuation system market, 2018-2030 (US$M)
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Mexico smoke evacuation system market highlights
- The Mexico smoke evacuation system market generated a revenue of USD 2.2 million in 2023 and is expected to reach USD 3.9 million by 2030.
- The Mexico market is expected to grow at a CAGR of 8.4% from 2024 to 2030.
- In terms of segment, smoke evacuating systems was the largest revenue generating product in 2023.
- Smoke Evacuation Filters is the most lucrative product segment registering the fastest growth during the forecast period.
Smoke evacuation system market data book summary
| Market revenue in 2023 | USD 2.2 million |
| Market revenue in 2030 | USD 3.9 million |
| Growth rate | 8.4% (CAGR from 2023 to 2030) |
| Largest segment | Smoke evacuating systems |
| Fastest growing segment | Smoke Evacuation Filters |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Smoke Evacuating Systems, Smoke Evacuation Filters, Smoke Evacuation Pencils & Wands, Smoke-Evac Fusion Products (Shrouds), Smoke Evacuation Tubings, Accessories |
| Key market players worldwide | Medtronic PLC, Stryker Corp, Conmed Corp, Johnson & Johnson, Zimmer Biomet Holdings Inc, Olympus Corp, Erbe Elektromedizin, Steris PLC, KLS Martin Group, Symmetry Surgical |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.1% of the global smoke evacuation system market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil smoke evacuation system market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 6.1 million by 2030.
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Smoke Evacuation System Market Scope
Smoke Evacuation System Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico smoke evacuation system 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 smoke evacuation system market will help companies and investors design strategic landscapes.
Smoke evacuating systems was the largest segment with a revenue share of 36.36% in 2023. Horizon Databook has segmented the Mexico smoke evacuation system market based on smoke evacuating systems, smoke evacuation filters, smoke evacuation pencils & wands, smoke-evac fusion products (shrouds), smoke evacuation tubings, accessories covering the revenue growth of each sub-segment from 2018 to 2030.
The Mexico medical tourism industry is booming mainly due to its close proximity to the U.S. and availability of affordable treatments. Orthopedic, dental, and bariatric surgeries are the most popular surgeries for medical tourism. The growth in medical tourism can be attributed to low cost of surgeries and availability of insurance for surgeries.
Hence, the number of surgeries in developing countries is increasing owing to growing medical tourism, which is leading to an increase in the adoption of smoke evacuation systems in the country, thereby fueling the market growth.
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Our clientele includes a mix of smoke evacuation system 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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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico smoke evacuation system market , including forecasts for subscribers. This country databook contains high-level insights into Mexico smoke evacuation system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico smoke evacuation system market size, by product, 2018-2030 (US$M)
Mexico Smoke Evacuation System Market Outlook Share, 2023 & 2030 (US$M)
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