If you were to describe Mexico\u2019s economy in recent years with just one word, it would unfortunately have to be \u201cdismal.\u201d This is hardly a surprise. After all, most of the countries in the region have been dealing with similar issues. GDP growth in Mexico has remained fairly flat in recent years, with 1.4% growth in 2013 to 2.3% in 2014, 2.6% in 2015 and 2.3% in 2016. And the numbers are forecast to be about in the same mid 2 percent range for 2017.<\/p>\n
Not surprisingly, the medical device market in Mexico has followed suit, and the results are evident when you look at the import data as far as medical equipment.<\/p>\n
The medical device market<\/span><\/strong><\/a> in Mexico, while still far and away the largest in the region, has faced similar stagnation. Down from a high of over $6 billion in value for units imported in 2016, Mexico dropped a sharp 19 percent in 2017 to a value of $4.8 billion for units imported, according to recent forecasts by ShareScope<\/a>,<\/strong><\/span> a service from Global Health Intelligence (GHI) that analyzes import data and uses it to analyze market size\/share for medical equipment\/device brands in Latin America<\/a>.<\/p>\n[thrive_leads id=’7632′]\n As far as the actual quantity of imports in the medical device and equipment market, Mexico\u2019s numbers here are remarkably consistent with the value of its imports. Just as the value of imports dropped 19% in 2017, so did the quantity of imports, from 8.3 billion units in 2016 to 6.7 billion units in 2017, as per ShareScope. It\u2019s an unfortunate trend, but Mexico\u2019s<\/a> large and demanding market for these items can\u2019t stay down for long.<\/p>\n Despite Mexico having a forecasted drop of 19% in both value and quantities of medical equipment<\/a> imported into the country, there are some modest areas of growth<\/a>:<\/p>\n[thrive_leads id=’7635′]\n Though it may seem counter-intuitive, the downturn in Mexico\u2019s imports of medical devices and equipment makes the need for more detailed data stronger than ever. That\u2019s because a contracting market makes competition more intense\u2014medical device companies will struggle to maintain or increase market share against competitors trying to encroach.<\/p>\n Global Health Intelligence\u2019s data resources can help you strengthen your market position in Mexico in a couple of key ways:<\/p>\n #1 ShareScope:<\/a>\u00a0<\/strong><\/span>With this service, we measure\u00a0market share for different companies<\/span><\/strong><\/a> when it comes to specific types of products, allowing you to see at a glance how well your company is faring\u2014or may not be\u2014in the highly competitive Mexican medical devices market. Contact us to obtain these crucial data portraits of different market sectors.<\/p>\n #2 Competitive Intelligence:<\/span> <\/strong>A tighter market means you need to know what your competition has up its sleeve<\/span><\/strong><\/a>\u2026and our\u00a0In-Scope <\/strong><\/span><\/a>can give you insight into what rivals are planning to do so you can counteract their moves with even better strategies.<\/p>\n #3 HospiScope:<\/a><\/span><\/strong><\/span> Import data is just part of the picture when it comes to the Mexican medical devices market. Subscribing to our hospital database<\/span><\/strong><\/a> will also let you see installed based equipment for different hospitals in Mexico<\/span><\/strong><\/a> so you can truly see what market conditions are like\u2014and find new sales prospects quickly and efficiently.<\/p>\n #4 Custom Research:<\/strong><\/span> Import data lumps together products into broader categories, but you may just need to know what the status is for one specific product type. Via In-Scope<\/a>,<\/strong><\/span> our custom research<\/span><\/strong><\/a> can get that information for you while also answering tougher questions you may have about the devices market in Mexico.<\/p>\n NEXT STEPS <\/strong><\/span><\/p>\n Contact GHI <\/a>today to explore further how our services can help you take advantage of the opportunities in Mexico\u2019s medical devices market.\u00a0Also, please see our state of the medical equipment\/device market portraits for\u00a0Brazil<\/span><\/strong><\/a>,\u00a0Colombia<\/span><\/strong><\/a>\u00a0and\u00a0Peru<\/span><\/strong><\/a>\u00a0to understand the trends in those markets as well.<\/p><\/blockquote>\n[thrive_leads id=’7637′]\n","protected":false},"excerpt":{"rendered":" A detailed breakdown of medical device market in Mexico.<\/p>\n","protected":false},"author":24,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32],"tags":[1069,1070,1071,1072,122,1073,235,1074,1075,1076,1077,90,1078,1079,1080,1081,1083],"class_list":{"0":"post-7140","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-ghi-analysis","7":"tag-competitive-intelligence-mexico","8":"tag-custom-research-mexico","9":"tag-despite-mexico-having-an-overall-forecasted-drop-of-19-in-both-value-and-quantities-of-medical-equipment-imported-into-the-country","10":"tag-gas-meters-mexico","11":"tag-global-health-intelligence-ghi","12":"tag-growth-areas-with-mexicos-medical-deviceequipment-market-in-2017","13":"tag-hospital-database-mexico","14":"tag-imported-medical-equipment-value-into-mexico-in-2017","15":"tag-installed-based-equipment-for-different-hospitals-in-mexico","16":"tag-market-share-mexico-device-market","17":"tag-medical-device-market-in-mexico","18":"tag-medical-device-market-mexico","19":"tag-mexicos-medical-devices-market","20":"tag-quantities-of-imported-medical-equipment-into-mexico-in-2017","21":"tag-quantity-of-imports-in-the-medical-device-and-equipment-market-in-mexico","22":"tag-research-medical-devices-latin-america","23":"tag-state-of-the-2017-medical-device-market-in-mexico"},"_links":{"self":[{"href":"https:\/\/globalhealthintelligence.com\/pt-br\/wp-json\/wp\/v2\/posts\/7140","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globalhealthintelligence.com\/pt-br\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globalhealthintelligence.com\/pt-br\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globalhealthintelligence.com\/pt-br\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/globalhealthintelligence.com\/pt-br\/wp-json\/wp\/v2\/comments?post=7140"}],"version-history":[{"count":2,"href":"https:\/\/globalhealthintelligence.com\/pt-br\/wp-json\/wp\/v2\/posts\/7140\/revisions"}],"predecessor-version":[{"id":29911,"href":"https:\/\/globalhealthintelligence.com\/pt-br\/wp-json\/wp\/v2\/posts\/7140\/revisions\/29911"}],"wp:attachment":[{"href":"https:\/\/globalhealthintelligence.com\/pt-br\/wp-json\/wp\/v2\/media?parent=7140"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globalhealthintelligence.com\/pt-br\/wp-json\/wp\/v2\/categories?post=7140"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globalhealthintelligence.com\/pt-br\/wp-json\/wp\/v2\/tags?post=7140"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Quantities of Imported Medical Equipment into Mexico in 2017<\/span><\/h2>\n
Growth Areas with Mexico\u2019s Medical Device\/Equipment Market in 2017<\/span><\/h2>\n
\n
The Need for Deeper Data<\/span><\/h2>\n
How Your Company Can Stay Strong in the Mexican Market<\/span><\/h2>\n