Mexico Tumor Ablation Market Size & Outlook, 2023-2030
Mexico tumor ablation market, 2018-2030 (US$M)
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Mexico tumor ablation market highlights
- The Mexico tumor ablation market generated a revenue of USD 44.4 million in 2023 and is expected to reach USD 117.4 million by 2030.
- The Mexico market is expected to grow at a CAGR of 14.9% from 2024 to 2030.
- In terms of segment, radiofrequency ablation was the largest revenue generating technology in 2023.
- Other Ablation Technologies is the most lucrative technology segment registering the fastest growth during the forecast period.
Tumor ablation market data book summary
| Market revenue in 2023 | USD 44.4 million |
| Market revenue in 2030 | USD 117.4 million |
| Growth rate | 14.9% (CAGR from 2023 to 2030) |
| Largest segment | Radiofrequency ablation |
| Fastest growing segment | Other Ablation Technologies |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Radiofrequency Ablation, Microwave Ablation, Cryoablation, Irreversible Electroporation, Other Ablation Technologies |
| Key market players worldwide | Medtronic PLC, Boston Scientific Corp, Johnson & Johnson, AngioDynamics Inc, Bioventus Inc Class A, Edap TMS SA ADR, Mermaid Medical, Chongqing Haifu Technology, HealthTronics, H.S. Hospital Service |
Other key industry trends
- In terms of revenue, Mexico accounted for 2.7% of the global tumor ablation market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil tumor ablation market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 84.5 million by 2030.
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Tumor Ablation Market Scope
Tumor Ablation Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico tumor ablation 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 tumor ablation market will help companies and investors design strategic landscapes.
Radiofrequency ablation was the largest segment with a revenue share of 34.68% in 2023. Horizon Databook has segmented the Mexico tumor ablation market based on radiofrequency ablation, microwave ablation, cryoablation, irreversible electroporation, other ablation technologies covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico’s healthcare system is dominated by private players, and healthcare delivery through private entities operates entirely as a free market. As of 2021, Mexico had over 4,995 operating hospitals and it is one of the major hubs for medical device export to the Americas and Europe.
Brazilian Community Health Services provides funds for early detection and primary prevention of cancer. This is anticipated to increase the number of individuals undergoing screening and treatment, thereby fueling the market growth.
According to Angeles Health International, more than 5 million patients undergo minimally invasive procedures every year in Mexico. In addition, growing investments and funding of healthcare infrastructure & services are expected to drive the tumor ablation procedures market.
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Our clientele includes a mix of tumor ablation market companies, investment firms, advisory firms & academic institutions.
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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 tumor ablation market , including forecasts for subscribers. This country databook contains high-level insights into Mexico tumor ablation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico tumor ablation market size, by technology, 2018-2030 (US$M)
Mexico Tumor Ablation Market Outlook Share, 2023 & 2030 (US$M)
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