Mexico Surgical Microscopes Market Size & Outlook
Mexico surgical microscopes market, 2018-2030 (US$M)
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Mexico surgical microscopes market highlights
- The Mexico surgical microscopes market generated a revenue of USD 5.5 million in 2023 and is expected to reach USD 12.2 million by 2030.
- The Mexico market is expected to grow at a CAGR of 12.1% from 2024 to 2030.
- In terms of segment, hospitals was the largest revenue generating end use in 2023.
- Outpatient Facilities is the most lucrative end use segment registering the fastest growth during the forecast period.
Surgical microscopes market data book summary
| Market revenue in 2023 | USD 5.5 million |
| Market revenue in 2030 | USD 12.2 million |
| Growth rate | 12.1% (CAGR from 2023 to 2030) |
| Largest segment | Hospitals |
| Fastest growing segment | Outpatient Facilities |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hospitals, Outpatient Facilities |
| Key market players worldwide | Carl Zeiss Meditec AG, Danaher Corp, Olympus Corp, Metall Zug Ltd Class B, Synaptive Medical, Alcon Inc, Topcon Corp, Takagi Seiko, Seiler Instrument & Mfg. Co. Inc. |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.0% of the global surgical microscopes market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Mexico surgical microscopes market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 12.2 million by 2030.
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Surgical Microscopes Market Scope
Surgical Microscopes Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico surgical microscopes 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 surgical microscopes market will help companies and investors design strategic landscapes.
Hospitals was the largest segment with a revenue share of 60% in 2023. Horizon Databook has segmented the Mexico surgical microscopes market based on hospitals, outpatient facilities covering the revenue growth of each sub-segment from 2018 to 2030.
Rising healthcare expenditure and growing medical tourism in the country for cosmetic & dental procedures are among the major factors driving the surgical microscopes market. Private players dominate the Mexican healthcare system.
Mexico is also the most preferred country for medical tourism in the U.S. According to Josef Woodman, the CEO of Patients Beyond Borders, an organization promoting medical travel, each year, around 1 million U.S. citizens travel from the U.S. to Mexico for affordable treatment.
Among them, around 75% travel either for dental or cosmetic care, 60% only for dental care, and the remaining 15% for cosmetic surgery. Many of them also travel for optometry procedures. The savings can be as high as 40% to 70%.
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Our clientele includes a mix of surgical microscopes 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 surgical microscopes market , including forecasts for subscribers. This country databook contains high-level insights into Mexico surgical microscopes market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico surgical microscopes market size, by end use, 2018-2030 (US$M)
Mexico Surgical Microscopes Market Outlook Share, 2023 & 2030 (US$M)
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