Mexico Radiofrequency Ablation Devices Market Size & Outlook
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Mexico radiofrequency ablation devices market highlights
- The Mexico radiofrequency ablation devices market generated a revenue of USD 161.0 million in 2023 and is expected to reach USD 392.2 million by 2030.
- The Mexico market is expected to grow at a CAGR of 13.6% from 2024 to 2030.
- In terms of segment, disposable equipment was the largest revenue generating component type in 2023.
- Disposable Equipment is the most lucrative component type segment registering the fastest growth during the forecast period.
Radiofrequency ablation devices market data book summary
| Market revenue in 2023 | USD 161.0 million |
| Market revenue in 2030 | USD 392.2 million |
| Growth rate | 13.6% (CAGR from 2023 to 2030) |
| Largest segment | Disposable equipment |
| Fastest growing segment | Disposable Equipment |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Disposable Equipment, Capital Equipment, Reusable Equipment |
| Key market players worldwide | Boston Scientific Corp, Medtronic PLC, Stryker Corp, Abbott Laboratories, Smith & Nephew PLC, Johnson & Johnson, AngioDynamics Inc |
Other key industry trends
- In terms of revenue, Mexico accounted for 3.4% of the global radiofrequency ablation devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil radiofrequency ablation devices 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 269.0 million by 2030.
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Radiofrequency Ablation Devices Market Scope
Radiofrequency Ablation Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| AngioDynamics Inc | View profile | 815 | 14 Plaza Drive, Latham, NY, United States, 12110 | https://www.angiodynamics.com |
| Smith & Nephew PLC | View profile | 18452 | Hatters Lane, Building 5, Croxley Park, Watford, Hertfordshire, United Kingdom, WD18 8YE | https://www.smith-nephew.com |
| Boston Scientific Corp | View profile | 48000 | 300 Boston Scientific Way, Marlborough, MA, United States, 01752-1234 | https://www.bostonscientific.com |
| Stryker Corp | View profile | 52000 | 1941 Stryker Way, Portage, MI, United States, 49002 | https://www.stryker.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
| Abbott Laboratories | View profile | 114000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | https://www.abbottinvestor.com |
| Johnson & Johnson | View profile | 134400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | https://www.jnj.com |
Mexico radiofrequency ablation devices 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 radiofrequency ablation devices market will help companies and investors design strategic landscapes.
Disposable equipment was the largest segment with a revenue share of 42.8% in 2023. Horizon Databook has segmented the Mexico radiofrequency ablation devices market based on disposable equipment, capital equipment, reusable equipment covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico accounted for a share of the around 24% of the radiofrequency ablation devices market in Latin America in 2018. The growth of the market in Mexico can be attributed to the presence of a significant number of market players and high incidence of cardiac conditions, such as atrial fibrillation, recurrent atrial flutter, ventricular cardiac arrhythmias, and supraventricular tachycardia in the country.
Radiofrequency ablation is a safe and reproducible therapeutic option for individuals with solid abnormalities of the heart & liver, chronic pain, cancer, and uterine fibroids. Moreover, minimum invasive procedures are gaining popularity in the country due to minimal bleeding and complications.
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Our clientele includes a mix of radiofrequency ablation devices market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico radiofrequency ablation devices market , including forecasts for subscribers. This country databook contains high-level insights into Mexico radiofrequency ablation devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Mexico radiofrequency ablation devices market size, by component type, 2018-2030 (US$M)
Mexico Radiofrequency Ablation Devices Market Outlook Share, 2023 & 2030 (US$M)
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