Mexico Medical Devices Market Forecast Trends - Market Size, Share, Growth Analysis Report (2026-2035)

Mexico Medical Devices Market Overview

Medical devices are tools or equipment used to diagnose, monitor, or treat medical conditions. They include items ranging from basic instruments to advanced imaging and surgical systems. The medical devices market in Mexico is experiencing robust growth due to rising healthcare demand, increased chronic disease prevalence, and government support for healthcare expansion. Foreign investments and a growing aging population are also contributing to the higher adoption of innovative technologies. Additionally, the rise of medical tourism and improved healthcare infrastructure are driving market development.

Mexico Medical Devices Market Growth Drivers

One major growth driver in the market is the increasing prevalence of cancer and associated demand for diagnostic and treatment devices. As per the OECD, cancer is the fourth leading cause of mortality in Mexico , with an estimated 46,200 premature deaths annually projected between 2023 and 2050. This alarming statistic is compelling healthcare institutions to prioritize early diagnosis and advanced treatment options. The growing use of oncology-focused medical equipment, including PET/CT scanners and radiation therapy systems, is fueling market demand. As a result, this trend is expected to significantly contribute to the market's upward trajectory.

Another key growth driver is the adoption of advanced imaging and diagnostic technologies to improve patient care outcomes. In July 2024, United Imaging installed its uMI 550 PET/CT system at the Instituto Nacional de Pediatría in Mexico  City, marking the country’s first deployment of digital PET/CT for pediatric precision medicine. This move highlights the country’s commitment to modernizing diagnostic infrastructure and enabling precise, early detection in vulnerable populations like children. Such technological integration is expected to support continued innovation and growth in the medical devices market in Mexico. Overall, these developments are anticipated to accelerate the adoption of sophisticated medical technologies, thereby driving steady market growth in Mexico's healthcare sector.

Mexico Medical Devices Market Trends

One of the notable market trends includes the strategic expansion of contract development and manufacturing organizations (CDMOs) to enhance production capacity and meet the growing demand for medical devices.

Strategic CDMO Expansion in Mexico Likely to Boost Medical Devices Market Growth

The expansion of advanced contract development and manufacturing operations is a key trend driving the market. For instance, in May 2025, Quasar Medical announced its acquisition of Nordson MEDICAL’s design and development facilities in Tecate, Mexico. This strategic acquisition strengthens Quasar’s global CDMO platform by adding FDA-registered, ISO-certified manufacturing capacity and a skilled workforce. The integration of Tecate enhances near-shore assembly capabilities, accelerates device commercialization, and supports cost-effective production for U.S. and global clients. Such developments are expected to significantly boost the value and competitiveness of Mexico’s medical devices sector in the coming years.

Mexico Medical Devices Market Share

Cardiology Expected to Dominate the Market by Application

Various applications contribute to the growth of the medical devices market in Mexico, including cardiology, oncology, neurology, orthopedics, respiratory, diabetes care, ophthalmology, and others. Among these, the cardiology segment is expected to dominate during the forecast period. According to Eduardo Meaney et al., 2024, cardiac diseases, 76.3% of which are ischemic heart disease, and diabetes mellitus were the primary causes of mortality in Mexico, resulting in 200,535 deaths in 2022. This rising disease burden is significantly increasing the demand for advanced cardiac care devices across the country.

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Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Leading Players in the Mexico Medical Devices Market

Other key players in the market include Medtronic plc, Johnson & Johnson MedTech, Fresenius Medical Care AG & Co., and 3M Company.

Mexico Medical Devices Market Segmentation

Key Questions Answered in the Mexico Medical Devices Market Report

• What was the Mexico medical devices market value in 2025?
• What is the Mexico medical devices market forecast outlook for 2026-2035?
• What major factors aid the demand for the Mexico medical devices market?
• How has the market performed so far, and how is it anticipated to perform in the coming years?
• What are the market's major drivers, opportunities, and restraints?
• What are the major Mexico medical devices market trends?
• Which types of devices are expected to dominate the market segment?
• Which application is projected to lead the market segment?
• Which end user is anticipated to drive the market segment?
• Who are the key players in the Mexico medical devices market?
• What are the current unmet needs and challenges in the market?
• How are partnerships, collaborations, mergers, and acquisitions among the key market players shaping the market dynamics?

Key Benefits for Stakeholders

• Expert Market Research's report provides a detailed quantitative analysis of various market segments, historical and current trends, forecasts, and dynamics within the Mexico medical devices market from 2018 to 2034.
• The report offers up-to-date information on key market drivers, challenges, and opportunities in the global healthcare interoperability solutions sector.
• The report uses Porter's five forces analysis to assess the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitutes, helping stakeholders evaluate the level of competition and market attractiveness.
• The competitive landscape section allows stakeholders to understand the competitive environment and provides insights into the current positions of key players in the market.