Jennifer Mendoza
Research expert covering health, pharma and medtech
Medical technology in Mexico – statistics & facts
Mexico is among the main exporters of medical technology in the world. Within the country, the medical technology market is forecast to expand, and is estimated at approximately nine billion U.S. dollars. Medical devices account for the largest revenue share, with over 80 percent of the total, while 20 percent is accounted for by in vitro diagnostics. Among sub-segments, cardiology devices generate the highest revenue, followed by diagnostic imaging devices such as x-ray systems, computed tomography (CT) scanners, and magnetic resonance imaging (MRI) systems.
Health equipment in Mexican hospitals
Anesthesia, ultrasound, and x-ray machines are some of the most common medical devices found in Mexican hospitals. Anesthesia machines are commonly used for delivering general anesthesia during surgery and similar medical procedures, while ultrasound and x-ray machines are commonly used for diagnosis. Computed tomography (CT) scanners, magnetic resonance imaging (MRI) scanners, and positron emission scanners (PET), all within the category of magnetic resonance imaging systems, are less commonly found in Mexican hospitals. In comparison to other Latin American countries, Mexico has a relatively average density of these type of devices. Countries with the highest density of CT and MRI machines within the region include Brazil, Chile, and Uruguay.International trade
The gross production value of medical equipment in Mexico was estimated at an equivalent to four billion U.S. dollars in 2021, a figure that has been consistently increasing in recent years, while creating employment for over 158,000 people in the country. Mexico is a net exporter of medical equipment, with a positive and increasing trade balance, and with the United States as its main import and export partner within the industry. As of 2022, the main importing companies of medical equipment in Mexico were Medline, Johnson & Johnson, and Cordis, all headquartered in the United States, and accounting for a market share of five to nine percent.
