Mexico’s medical devices market is set to grow from $4.9 billion in 2015 to $6.5 billion by 2020 as the population increases, adopts more unhealthy lifestyles, and grows older, according to research and consulting firm GlobalData.

The company’s latest report states that the resultant prevalence of non-communicable diseases such as cardiovascular disease, respiratory disease, metabolic disorders and cancer means that Mexico’s healthcare infrastructure has had to grow to keep pace.

Companies leading the medical devices sector in Mexico include Fresenius, Roche, DePuy, Medtronic, Siemens Healthcare, Baxter, Gambro and GE Healthcare.

GlobalData
globaldata.com