Mexico - Latin America Medical Imaging Market Size & Outlook
Mexico - Latin America Medical Imaging Market, 2021-2033 (US$M)
Global Market
Related Markets
Mexico medical imaging market highlights
- The Mexico medical imaging market generated a revenue of USD 704.3 million in 2024 and is expected to reach USD 930.1 million by 2030.
- The Mexico market is expected to grow at a CAGR of 4.8% from 2025 to 2030.
- In terms of segment, ultrasound was the largest revenue generating technology in 2024.
- Magnetic Resonance Imaging is the most lucrative technology segment registering the fastest growth during the forecast period.
Medical imaging market data book summary
| Market revenue in 2024 | USD 704.3 million |
| Market revenue in 2030 | USD 930.1 million |
| Growth rate | 4.8% (CAGR from 2025 to 2030) |
| Largest segment | Ultrasound |
| Fastest growing segment | Magnetic Resonance Imaging |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | X-ray, Magnetic Resonance Imaging, Ultrasound, Computed Tomography, Nuclear Imaging |
| Key market players worldwide | GE Aerospace, Koninklijke Philips NV, Siemens Healthineers AG ADR, Canon Inc, Mindray Medical International, FUJIFILM Holdings Corp, Carestream Health - HCIS business, Hitachi Ltd, Samsung Electronics Co Ltd, Koning, PerkinElmer, Konica Minolta Inc, Esaote, Hologic Inc, Varex Imaging Corp |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.7% of the global medical imaging market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil medical imaging market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 1,277.3 million by 2030.
Mexico’s medical imaging market is anticipated to grow gradually over the forecast period. This can be attributed to the diverse population in Mexico, which is witnessing an epidemiological shift from diseases typical of less-developed regions to lifestyle-related chronic diseases.
Moreover, physicians in Mexico are extremely specialized, many of them having accomplished training in the U.S. or Europe. The healthcare system in Mexico is dominated by private players. In this country, healthcare delivery through private healthcare organizations operates entirely on the free market system.
Mexico has become a significant destination for affordable medical device manufacturing with skilled yet affordable manufacturing labor, proximity to major markets, and impressive infrastructure capabilities.
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Publish Date: Jan 16, 2026
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Medical Imaging Market Scope
Medical Imaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Hitachi Ltd | View profile | 322,525 | 6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8280 | www.hitachi.com |
| Koninklijke Philips NV | View profile | 73,712 | Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC | www.philips.com |
| Siemens Healthineers AG ADR | View profile | 71,400 | Siemensstr. 3, Forchheim, BY, Germany, 91301 | www.siemens-healthineers.com |
| GE Aerospace | View profile | 125,000 | One Financial Center, Suite 3700, Boston, MA, United States, 02111 | www.geaerospace.com |
| Canon Inc | View profile | 169,151 | 30-2, Shimomaruko 3-Chome, Ohta-ku, Tokyo, Japan, 146-8501 | www.global.canon |
| FUJIFILM Holdings Corp | View profile | 83,784 | 7-3, Akasaka 9-chome, Minato-ku, Tokyo, Japan, 107-0052 | www.fujifilmholdings.com |
| Samsung Electronics Co Ltd | View profile | 124,804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | www.samsung.com |
| Hologic Inc | View profile | 6,990 | 250 Campus Drive, Marlborough, MA, United States, 01752 | www.hologic.com |
| Carestream Health - HCIS business | View profile | - | Rochester, New York, United States, North America | - |
| Esaote | View profile | - | - | - |
Mexico - Latin America Medical Imaging 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 Medical Imaging Market Outlook will help companies and investors design strategic landscapes.
Ultrasound was the largest segment with a revenue share of 36.97% in 2024.
Horizon Databook has segmented the Mexico - Latin America medical imaging market based on x-ray, magnetic resonance imaging, ultrasound, computed tomography, nuclear imaging covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico’s medical imaging market is anticipated to grow gradually over the forecast period. This can be attributed to the diverse population in Mexico, which is witnessing an epidemiological shift from diseases typical of less-developed regions to lifestyle-related chronic diseases.
Moreover, physicians in Mexico are extremely specialized, many of them having accomplished training in the U.S. or Europe. The healthcare system in Mexico is dominated by private players. In this country, healthcare delivery through private healthcare organizations operates entirely on the free market system.
Mexico has become a significant destination for affordable medical device manufacturing with skilled yet affordable manufacturing labor, proximity to major markets, and impressive infrastructure capabilities.
- Mexico - Latin America Medical Imaging Market Technology Outlook (Revenue, USD Million , 2021-2033)
- Computed Tomography
- X-ray
- Magnetic Resonance Imaging
- Nuclear Imaging
- Ultrasound
- Mexico - Latin America Medical Imaging Market End Use Outlook (Revenue, USD Million , 2021-2033)
- Hospitals
- Others
- Diagnostic Imaging Centers
- Mexico - Latin America Medical Imaging Market Application Outlook (Revenue, USD Million , 2021-2033)
- Cardiology
- Oncology
- Neurology
- Orthopedics
- Gastroenterology
- Gynecology
- Other Application
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico - Latin America Medical Imaging Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Mexico - Latin America Medical Imaging Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Mexico - Latin America Medical Imaging Market, 2021-2033 (US$M)
Mexico medical imaging market statistics, by technology, 2021-2033 (US$M)
