Mexico’s medical device and equipment market: 8% growth YoY

Albeit Mexico’s currency depreciation in 2015 and 2016, the market for medical equipment, devices and consumables grew by 8% per year in volume, going from 2.0 billion units in 2014 to 2.4 billion units in 2016f. More importantly still, the value of the market expanded at a 13% CAGR going from $46 billion in 2014 to $60 billion dollars in 2016f.

Leading the trend were products related to artificial respiration; massage equipment; instruments and equipment using UV, visible or IR optical radiations; as well as CT Scanners, X-ray machines, radiography/radiotherapy equipment. In number of units, all these categories demonstrated a CAGR of over 20% from 2014 to 2016f.

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Mariana Romero
Mariana is a Senior Account Manager for Global Health Intelligence and has been a key component of the company since day one. As part of her functions, Mariana assesses clients’ market intelligence solutions and methodologies that will drive ROI decisions. Mariana also oversees primary and secondary research efforts, with a principal focus on capital equipment, medical devices, procedure and epidemiological trends, market activity, hospital data and competitive analysis across emerging markets. Additionally, Mariana leads GHI’s marketing, communication and PR activities.
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