Mexico Surgical Devices Market Introduction and Overview
According to SPER Market Research, the Mexico Surgical Devices Market is estimated to reach USD XX billion by 2033 with a CAGR 5.08%.
The report includes an in-depth analysis of the Mexico Surgical Devices Market, including market size and trends, product mix, distribution channels, and supplier analysis. Specialized tools and instruments known as surgical devices are made to help surgeons perform medical procedures. These gadgets include everything from simple tools like forceps and scalpels to cutting-edge gadgets like robotic surgical systems and imaging apparatus. Their main goal is to make surgical procedures more accurate and effective, improving patient outcomes and safety. There are many different kinds of surgical equipment, such as handheld instruments, electrosurgical instruments (which cut or coagulate tissue using electrical currents), and minimally invasive instruments (which enable smaller incisions and faster recovery periods).
- September 2022: Tecate, Mexico's Medical Device production Center of Excellence officially opened. Nordson MEDICAL is a worldwide integrated solutions partner for the design, engineering, and production of complex medical devices and components.
- October 20, 2022: Ciudad Juárez, Mexico, became the site of a new Ambu production facility. Being the company's largest plant, the new one allows Ambu to increase output and establish a stronger supply chain and access to its greatest market, North America.
Market Opportunities and Challenges
Opportunities: The demand for minimally invasive devices is growing, as are chronic diseases and auto accidents, general surgical device technology improvements, and the nation's growing unmet healthcare demands. Therefore, the market for general surgical devices in Mexico is expected to rise due to reasons such an increase in accident cases, an aging population, and a high demand for cutting-edge technologies. Furthermore, The growing need for minimally invasive operations across the nation is driving up demand for handheld equipment. The market in Mexico is being driven by the widespread usage of sophisticated surgical instruments in recent years.
Challenges: One of the biggest problems or obstacles facing the surgical tool market is the contamination of equipment. A large incidence of infectious disease can arise from a small amount of bacteria on surgical instruments. Furthermore, the implementation of lockdowns resulted in a reduction in both accident and surgery rates due to the absence of operating autos on the road, albeit with associated supply chain disruptions. Surgical instrument infections are the only factor that could impede the market's expansion. The surgical instruments have a high risk of infection if they are not sterilized. Such exposure may result in an infection at the surgery site.
Market Competitive Landscape
As a result of the existence of foreign competitors, the general surgical devices market in Mexico is somewhat concentrated and closed off. B. Braun Melsungen AG, Boston Scientific Corporation, Conmed Corporation, Medtronic PLC, and Stryker Corporation are a few of the leading players in the Mexican market for general surgical equipment.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Product, By Application.
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| Regions covered | Eastern Region, Western Region, Northern Region, Southern Region
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| Companies Covered | Ambu, B. Braun Melsungen AG, Boston Scientific Corporation, Conmed Corporation, Integer Holdings Corporation, Johnson & Johnson, Medtronic PLC, Stryker Corporation, Ultradent Products, Inc, Others.
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COVID-19 Impact on Mexico Surgical Devices Market
COVID-19 had a major effect on the market's expansion. A December 2021 article from the National Center for Biotechnology Information (NCBI) states that the COVID-19 pandemic and the health policies that followed were linked to a decline in transplants, waiting list additions, and donations, especially at public hospitals that provide care for the most vulnerable. As a result, the decrease in transplant procedures during COVID-19 in Mexico had an effect on the expansion of the market at that time.
Key Target Audience:
- Healthcare Professionals
- Hospitals and Surgical Centers
- Medical Device Manufacturers
- Regulatory Agencies
- Patients and Caregivers
- Investors and Financial Analysts
- Researchers and Academics
- Distributors and Suppliers
Our in-depth analysis of the Mexico Surgical Devices Market includes the following segments:
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By Product:
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Handheld Devices
Laparoscopic Devices
Electro Surgical Devices
Wound Closure Devices
Trocars and Access Devices
Others
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By Application:
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Gynaecology and Urology
Cardiology
Orthopaedic
Neurology
Others
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Key Topics Covered in the Report:
- Mexico Surgical Devices Market Size (FY’2024-FY’2033)
- Overview of Mexico Surgical Devices Market
- Segmentation of Mexico Surgical Devices Market By Product (Handheld Devices, Laparoscopic Devices, Electro Surgical Devices, Wound Closure Devices, Trocars and Access Devices, Others)
- Segmentation of Mexico Surgical Devices Market By Application (Gynaecology and Urology, Cardiology, Orthopaedic, Neurology, Others)
- Expansion Analysis of Mexico Surgical Devices Market
- Problems and Obstacles in Mexico Surgical Devices Market
- Competitive Landscape in the Mexico Surgical Devices Market
- Impact of COVID-19 and Demonetization on Mexico Surgical Devices Market
- Details on Current Investment in Mexico Surgical Devices Market
- Competitive Analysis of Mexico Surgical Devices Market
- Prominent Players in the Mexico Surgical Devices Market
- SWOT Analysis of Mexico Surgical Devices Market
- Mexico Surgical Devices Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Mexico Surgical Devices Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Mexico Surgical Devices Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Mexico Surgical Devices Market
7. Mexico Surgical Devices Market, By Product (USD Million) 2020-2033
7.1. Mexico Surgical Devices Market Size, Share and Forecast, By Product, 2020-2026
7.2. Mexico Surgical Devices Market Size, Share and Forecast, By Product, 2027-2033
7.3. Handheld Devices
7.4. Laparoscopic Devices
7.5. Electro Surgical Devices
7.6. Wound Closure Devices
7.7. Trocars and Access Devices
7.8. Others
8. Mexico Surgical Devices Market, By Application (USD Million) 2020-2033
8.1. Mexico Surgical Devices Market Size, Share and Forecast, By Application, 2020-2026
8.2. Mexico Surgical Devices Market Size, Share and Forecast, By Application, 2027-2033
8.3. Gynaecology and Urology
8.4. Cardiology
8.5. Orthopaedic
8.6. Neurology
8.7. Others
9. Mexico Surgical Devices Market Forecast, 2020-2033 (USD Million)
9.1. Mexico Surgical Devices Market Size and Market Share
10. Mexico Surgical Devices Market, By Region, 2020-2033 (USD Million)
10.1. Mexico Surgical Devices Market Size and Market Share By Region (2020-2026)
10.2. Mexico Surgical Devices Market Size and Market Share By Region (2027-2033)
10.3. Eastern Region
10.4. Western Region
10.5. Northern Region
10.6. Southern Region
11. Company Profile
11.1. Ambu
11.1.1. Company details
11.1.2. Financial outlook
11.1.3. Product summary
11.1.4. Recent developments
11.2. B. Braun Melsungen AG
11.2.1. Company details
11.2.2. Financial outlook
11.2.3. Product summary
11.2.4. Recent developments
11.3. Boston Scientific Corporation
11.3.1. Company details
11.3.2. Financial outlook
11.3.3. Product summary
11.3.4. Recent developments
11.4. Conmed Corporation
11.4.1. Company details
11.4.2. Financial outlook
11.4.3. Product summary
11.4.4. Recent developments
11.5. Integer Holdings Corporation
11.5.1. Company details
11.5.2. Financial outlook
11.5.3. Product summary
11.5.4. Recent developments
11.6. Johnson & Johnson
11.6.1. Company details
11.6.2. Financial outlook
11.6.3. Product summary
11.6.4. Recent developments
11.7. Medtronic PLC
11.7.1. Company details
11.7.2. Financial outlook
11.7.3. Product summary
11.7.4. Recent developments
11.8. Stryker Corporation
11.8.1. Company details
11.8.2. Financial outlook
11.8.3. Product summary
11.8.4. Recent developments
11.9. Ultradent Products, Inc
11.9.1. Company details
11.9.2. Financial outlook
11.9.3. Product summary
11.9.4. Recent developments
11.10. Others
12. Conclusion
13. Reference Links
14. List of Abbreviations
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
