Mexico Pulse Oximeter Market Size & Outlook, 2024-2030
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Mexico pulse oximeter market highlights
- The Mexico pulse oximeter market generated a revenue of USD 104.2 million in 2023 and is expected to reach USD 161.1 million by 2030.
- The Mexico market is expected to grow at a CAGR of 6.1% from 2024 to 2030.
- In terms of segment, monitors was the largest revenue generating component in 2023.
- Sensors is the most lucrative component segment registering the fastest growth during the forecast period.
Pulse oximeter market data book summary
| Market revenue in 2023 | USD 104.2 million |
| Market revenue in 2030 | USD 161.1 million |
| Growth rate | 6.1% (CAGR from 2024 to 2030) |
| Largest segment | Monitors |
| Fastest growing segment | Sensors |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Monitors, Sensors |
| Key market players worldwide | Medtronic PLC, Masimo Corp, Koninklijke Philips NV, GE Aerospace, Nonin Medical, Nihon Kohden Corp, ICU Medical Inc, OSI Systems Inc, CONTEC, Draegerwerk AG & Co KGaA |
Other key industry trends
- In terms of revenue, Mexico accounted for 3.1% of the global pulse oximeter market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. pulse oximeter market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 380.7 million by 2030.
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Pulse Oximeter Market Scope
Pulse Oximeter Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| CONTEC | View profile | 1001-5000 | Qinhuangdao, Hebei, China, Asia | http://www.contecmed.com/ |
| Nonin Medical | View profile | 251-500 | Plymouth, Minnesota, United States, North America | http://www.nonin.com/ |
| ICU Medical Inc | View profile | 14000 | 951 Calle Amanecer, San Clemente, CA, United States, 92673 | https://www.icumed.com |
| OSI Systems Inc | View profile | 6423 | 12525 Chadron Avenue, Hawthorne, CA, United States, 90250 | https://www.osi-systems.com |
| Masimo Corp | View profile | 3796 | 52 Discovery, Irvine, CA, United States, 92618 | https://www.masimo.com |
| Draegerwerk AG & Co KGaA | View profile | 16476 | Moislinger Allee 53–55, Lubeck, Germany, 23542 | https://www.draeger.com |
| Nihon Kohden Corp | View profile | 6325 | 31-4 Nishiochiai 1-chome, Shinjuku-ku, Tokyo, Japan, 1618560 | http://www.nihonkohden.co.jp |
| GE Aerospace | View profile | 125000 | One Financial Center, Suite 3700, Boston, MA, United States, 02111 | https://www.geaerospace.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
| Koninklijke Philips NV | View profile | 73712 | Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC | https://www.philips.com |
Mexico pulse oximeter 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 pulse oximeter market will help companies and investors design strategic landscapes.
Monitors was the largest segment with a revenue share of 67.75% in 2023. Horizon Databook has segmented the Mexico pulse oximeter market based on monitors, sensors covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico is one of the key exporters of medical devices and exports pulse oximeters mainly to India. This makes Mexico a potential market to invest in as there are no stringent regulations for manufacturing pulse oximeters in the country.
Established players are taking the opportunity of this environment to cut manufacturing costs and are, therefore, increasing their presence in the region. The Secretariat of Health is responsible for pulse oximeter regulations in Mexico.
The General Health Law of Mexico mandates registration. An import permit, called the Sanitary Authorization, is granted for providing information about the product. Foreign manufacturers are required to appoint a local representative to carry out the documentation for the application.
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Target buyers of Mexico pulse oximeter market databook
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Our clientele includes a mix of pulse oximeter market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico pulse oximeter market , including forecasts for subscribers. This country databook contains high-level insights into Mexico pulse oximeter market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico pulse oximeter market size, by component, 2018-2030 (US$M)
Mexico Pulse Oximeter Market Outlook Share, 2023 & 2030 (US$M)
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