Mexico Structural Heart Devices Market Size & Outlook
Mexico structural heart devices market, 2018-2030 (US$M)
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Mexico structural heart devices market highlights
- The Mexico structural heart devices market generated a revenue of USD 74.3 million in 2023 and is expected to reach USD 175.9 million by 2030.
- The Mexico market is expected to grow at a CAGR of 13.1% from 2024 to 2030.
- In terms of segment, tavr (transcatheter aortic valve replacement) was the largest revenue generating type in 2023.
- LAAC (Left Atrial Appendage Closure) is the most lucrative type segment registering the fastest growth during the forecast period.
Structural heart devices market data book summary
| Market revenue in 2023 | USD 74.3 million |
| Market revenue in 2030 | USD 175.9 million |
| Growth rate | 13.1% (CAGR from 2023 to 2030) |
| Largest segment | Tavr (transcatheter aortic valve replacement) |
| Fastest growing segment | LAAC (Left Atrial Appendage Closure) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | SAVR (Surgical Aortic Valve Replacement), TAVR (Transcatheter Aortic Valve Replacement), Mitral Repair (Annuloplasty), LAAC (Left Atrial Appendage Closure) |
| Key market players worldwide | Boston Scientific Corp, Medtronic PLC, Edwards Lifesciences Corp, Abbott Laboratories, St. Jude Medical, LivaNova PLC, Stryker Corp, Lepu Medical, Biomerics, CardioKinetix |
Other key industry trends
- In terms of revenue, Mexico accounted for 0.5% of the global structural heart 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 structural heart devices 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 368.5 million by 2030.
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Structural Heart Devices Market Scope
Structural Heart Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico structural heart 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 structural heart devices market will help companies and investors design strategic landscapes.
Tavr (transcatheter aortic valve replacement) was the largest segment with a revenue share of 51.95% in 2023. Horizon Databook has segmented the Mexico structural heart devices market based on savr (surgical aortic valve replacement), tavr (transcatheter aortic valve replacement), mitral repair (annuloplasty), laac (left atrial appendage closure) covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico structural heart devices market is projected for steady growth, fueled by a rising prevalence of CVDs like valvular heart disease and heart failure. This growing patient pool, coupled with an aging population, creates a significant demand for these technologies.
The competitive scene features a mix of established global players like Abbott, Edwards Lifesciences, and Medtronic battling for market share. In addition, domestic companies are emerging, aiming to capture a piece of the pie.
In Mexico, the competitive landscape is characterized by a strong presence of major players in the structural heart devices market, including Boston Scientific Corporation, Medtronic, Edwards Lifesciences Corporation, Abbott, Biomerics, Comed BV, LivaNova PLC, JenaValve Technology, Inc., and Cardio Kinetix 2.
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Our clientele includes a mix of structural heart 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 structural heart devices market , including forecasts for subscribers. This country databook contains high-level insights into Mexico structural heart devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico structural heart devices market size, by type, 2018-2030 (US$M)
Mexico Structural Heart Devices Market Outlook Share, 2023 & 2030 (US$M)
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