Mexico Subcutaneous Drug Delivery Devices Market Size & Outlook
Mexico subcutaneous drug delivery devices market, 2018-2030 (US$M)
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Mexico subcutaneous drug delivery devices market highlights
- The Mexico subcutaneous drug delivery devices market generated a revenue of USD 396.4 million in 2023 and is expected to reach USD 780.8 million by 2030.
- The Mexico market is expected to grow at a CAGR of 10.2% from 2024 to 2030.
- In terms of segment, pen injectors was the largest revenue generating product in 2023.
- Wearable injectors is the most lucrative product segment registering the fastest growth during the forecast period.
Subcutaneous drug delivery devices market data book summary
| Market revenue in 2023 | USD 396.4 million |
| Market revenue in 2030 | USD 780.8 million |
| Growth rate | 10.2% (CAGR from 2023 to 2030) |
| Largest segment | Pen injectors |
| Fastest growing segment | Wearable injectors |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Prefilled syringes, Pen injectors, Auto-injectors, Wearable injectors, Needle-free injectors |
| Key market players worldwide | Gerresheimer AG ADR, Medtronic PLC, Ypsomed Holding AG, Novo Nordisk A/S ADR, Insulet Corp, Becton Dickinson & Co, West Pharmaceutical Services Inc, PHARMAJET, Unilife Corporation |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.3% of the global subcutaneous drug delivery 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 subcutaneous drug delivery 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 1,116.7 million by 2030.
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Subcutaneous Drug Delivery Devices Market Scope
Subcutaneous Drug Delivery Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico subcutaneous drug delivery 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 subcutaneous drug delivery devices market will help companies and investors design strategic landscapes.
Pen injectors was the largest segment with a revenue share of 36.25% in 2023. Horizon Databook has segmented the Mexico subcutaneous drug delivery devices market based on prefilled syringes, pen injectors, auto-injectors, wearable injectors, needle-free injectors covering the revenue growth of each sub-segment from 2018 to 2030.
Through its skilled yet affordable manufacturing labor, its closeness to major markets, and its impressive infrastructure capabilities, Mexico has become a major source of economical medical device manufacturing across the globe.
In addition, the prevalence of diabetes in the adult population is around 15%. Hence, the rising incidence of chronic diseases in Mexico is likely to propel the growth of subcutaneous drug delivery devices market over the forecast period.
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Target buyers of Mexico subcutaneous drug delivery devices market databook
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Our clientele includes a mix of subcutaneous drug delivery devices 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 subcutaneous drug delivery devices market , including forecasts for subscribers. This country databook contains high-level insights into Mexico subcutaneous drug delivery devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico subcutaneous drug delivery devices market size, by product, 2018-2030 (US$M)
Mexico Subcutaneous Drug Delivery Devices Market Outlook Share, 2023 & 2030 (US$M)
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