Mexico Temperature Modulation Devices Market Size & Outlook
Mexico temperature modulation devices, 2018-2030 (US$M)
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Mexico temperature modulation devices highlights
- The Mexico temperature modulation devices generated a revenue of USD 38.4 million in 2023 and is expected to reach USD 58.0 million by 2030.
- The Mexico market is expected to grow at a CAGR of 6.1% from 2024 to 2030.
- In terms of segment, convective patient warming systems was the largest revenue generating product in 2023.
- Convective patient warming systems is the most lucrative product segment registering the fastest growth during the forecast period.
Temperature modulation devices data book summary
| Market revenue in 2023 | USD 38.4 million |
| Market revenue in 2030 | USD 58.0 million |
| Growth rate | 6.1% (CAGR from 2023 to 2030) |
| Largest segment | Convective patient warming systems |
| Fastest growing segment | Convective patient warming systems |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Portable Blood/IV fluid warmers, Conductive patient warming systems, Convective patient warming systems, Conductive patient cooling systems, Other Products & Accessories |
| Key market players worldwide | Stryker Corp, Becton Dickinson & Co, 3M Co, SAS AB, ICU Medical Inc |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.3% of the global temperature modulation devices in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil temperature modulation devices 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 58.0 million by 2030.
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Temperature Modulation Devices Scope
Temperature Modulation Devices Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico temperature modulation devices 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 temperature modulation devices will help companies and investors design strategic landscapes.
Convective patient warming systems was the largest segment with a revenue share of 27.08% in 2023. Horizon Databook has segmented the Mexico temperature modulation devices based on portable blood/iv fluid warmers, conductive patient warming systems, convective patient warming systems, conductive patient cooling systems, other products & accessories covering the revenue growth of each sub-segment from 2018 to 2030.
In Mexico, the temperature modulation devices market is being significantly driven by several key factors. Firstly, the prevalence of CVDs is a paramount driving force. According to the American College of Cardiology Foundation, CVDs represent a substantial threat to Mexico, resulting in the loss of one life every two minutes.
Furthermore, the rising prevalence of chronic disorders, such as cancer & neurological conditions, is another key factor expected to drive market growth during the forecast period.
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Target buyers of Mexico temperature modulation devices databook
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Our clientele includes a mix of temperature modulation devices 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 temperature modulation devices, including forecasts for subscribers. This country databook contains high-level insights into Mexico temperature modulation devices from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico temperature modulation devices market size, by product, 2018-2030 (US$M)
Mexico Temperature Modulation Devices Share, 2023 & 2030 (US$M)
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