Mexico Teleradiology Market Size & Outlook, 2023-2030
Mexico teleradiology market, 2018-2030 (US$M)
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Mexico teleradiology market highlights
- The Mexico teleradiology market generated a revenue of USD 155.2 million in 2023 and is expected to reach USD 869.8 million by 2030.
- The Mexico market is expected to grow at a CAGR of 27.9% from 2024 to 2030.
- In terms of segment, x-ray was the largest revenue generating product in 2023.
- Computed Tomography is the most lucrative product segment registering the fastest growth during the forecast period.
Teleradiology market data book summary
| Market revenue in 2023 | USD 155.2 million |
| Market revenue in 2030 | USD 869.8 million |
| Growth rate | 27.9% (CAGR from 2023 to 2030) |
| Largest segment | X-ray |
| Fastest growing segment | Computed Tomography |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Computed Tomography, Ultrasound, X-ray, Nuclear Imaging, Magnetic Resonance Imaging |
| Key market players worldwide | Pediatrix Medical Group Inc, Agfa-Gevaert NV, Everlight Electronics, Evidian, Nano X Imaging Ltd Ordinary Shares, Koninklijke Philips NV, Matrix Pack |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.2% of the global teleradiology market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil teleradiology 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 869.8 million by 2030.
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Teleradiology Market Scope
Teleradiology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico teleradiology 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 teleradiology market will help companies and investors design strategic landscapes.
X-ray was the largest segment with a revenue share of 27.06% in 2023. Horizon Databook has segmented the Mexico teleradiology market based on computed tomography, ultrasound, x-ray, nuclear imaging, magnetic resonance imaging covering the revenue growth of each sub-segment from 2018 to 2030.
The Mexican government is focusing on improving patient care through the adoption of digital environment in hospitals. For instance, Hova Health, one of the largest teleradiology groups in Mexico, deployed Ram Soft’s Power Server Tele Plus in 23 government hospitals to receive medical images securely from multiple locations.
Furthermore, the geriatric population in Mexico is increasing rapidly. Based on estimates drawn by National Population Council, by 2030, the geriatric population is expected to increase to 20 million. This is expected to further contribute to the incidence of cardiovascular diseases, which in turn is anticipated to boost the market.
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Target buyers of Mexico teleradiology market databook
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Our clientele includes a mix of teleradiology 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico teleradiology market , including forecasts for subscribers. This country databook contains high-level insights into Mexico teleradiology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico teleradiology market size, by product, 2018-2030 (US$M)
Mexico Teleradiology Market Outlook Share, 2023 & 2030 (US$M)
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