Medical Device Industry
in Mexico
North America plays a crucial role in the global medical device market, which is projected to reach $612.7 billion by 2025. This growth is fueled by an increase in chronic illnesses and cancer cases, a focus on innovative technologies, and the rising adoption of home care devices. The United States remains a leader in both the export and import of medical devices, with Mexico as its top Latin American partner, bolstering the strength of the region.
The medical device industry in Mexico is experiencing rapid growth, driven by cost‑effective workforce, robust infrastructure, and strategic logistics. Positioned close to the United States, Mexico offers a professional workforce skilled in medical device design, production, and service. This advantageous location makes Mexico a key player in the North American medical device sector. Mexico is the eighth largest global manufacturer of medical devices and the leading exporter to the United States. The country’s stable and competitive manufacturing costs have attracted major companies like Medline, Medtronic, Johnson & Johnson, and Philips.
Download the full e‑book ‘Medical Device Industry in Mexico’ to explore a comprehensive analysis of this booming sector, insights into market trends, the impact of North American partnerships, and detailed information on the workforce and educational advancements driving this industry forward.
Medical Device Industry in Mexico
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