Mexico Medical Device Design And Development Services Market Size & Outlook

The medical device design and development services market in Mexico is expected to reach a projected revenue of US$ 292.5 million by 2030. A compound annual growth rate of 10.8% is expected of Mexico medical device design and development services market from 2024 to 2030.
Revenue, 2023 (US$M)
$143.1
Forecast, 2030 (US$M)
$292.5
CAGR, 2024 - 2030
10.8%
Report Coverage
Mexico

Mexico medical device design and development services market, 2018-2030 (US$M)

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Mexico medical device design and development services market, 2018-2030 (US$M)

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Mexico medical device design and development services market highlights

  • The Mexico medical device design and development services market generated a revenue of USD 143.1 million in 2023 and is expected to reach USD 292.5 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 10.8% from 2024 to 2030.
  • In terms of segment, designing & engineering was the largest revenue generating services in 2023.
  • Packaging is the most lucrative services segment registering the fastest growth during the forecast period.


Medical device design and development services market data book summary

Market revenue in 2023USD 143.1 million
Market revenue in 2030USD 292.5 million
Growth rate10.8% (CAGR from 2023 to 2030)
Largest segmentDesigning & engineering
Fastest growing segmentPackaging
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDesigning & Engineering, Machining, Molding, Packaging
Key market players worldwideXimedica, Jabil Inc, Flex Ltd, Plexus Corp, Nordson Corp, Celestica Inc Ordinary Shares (Subordinate Voting)


Other key industry trends

  • In terms of revenue, Mexico accounted for 1.4% of the global medical device design and development services market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil medical device design and development services 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 134.3 million by 2030.

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Medical Device Design And Development Services Market Scope

Medical device design and development services market segmentation & scope

Medical Device Design And Development Services Market Companies

Name Profile # Employees HQ Website

Mexico medical device design and development services market size, by services, 2018-2030 (US$M)

Mexico Medical Device Design And Development Services Market Outlook Share, 2023 & 2030 (US$M)

Mexico medical device design and development services market size, by services, 2018-2030 (US$M)

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