Mexico Medical Device Testing And Certification Market Size & Outlook, 2025-2031
Mexico Medical Device Testing And Certification Market Size
According to Straits Research analysis, the Mexico Medical Device Testing and Certification Market was valued at USD 38.91 Million in 2024 and is predicted to reach USD 58.98 Million by 2031, showing a CAGR of 6.1% during the projected period. Primary applications and sectors fueling demand encompass healthcare, agriculture, chemical, and energy industries. Key drivers in the increase include stringent healthcare regulations, the growing need for validated and standardized devices, and enhanced emphasis on superior-quality medical devices. The rising trend in green/low-carbon production methods and technologies geared toward sustainability offers new expansion avenues. Further, opportunities related to exporting certified medical devices present a potential growth aspect. As Mexico assumes a proactive approach towards healthcare, this trend denotes a positive implication for medical device testing and certification, thus securing a promising position in the market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Mexico Medical Device Testing And Certification Market Highlights
- By 2024, Testing Services represented the largest share of the Service Type market size.
- Certification Services is expected to remain the key growth driver within Service Type, registering the fastest CAGR during the forecast period.
- Mexico contributed 0.39% to the global medical device testing and certification market size in 2024.
- By 2031, United States is forecasted to remain the largest global market for medical device testing and certification market.
- In Latin America, Rest of Latin America is projected to capture the leading share of market by 2031.
- Among Latin America markets, Mexico is expected to post the fastest growth, reaching USD 627.02 Million by 2031.
Mexico Medical Device Testing And Certification Market Revenue Share 2024
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Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2021-2031 |
| Historical Period | 2021-2023 |
| Forecast Period | 2025-2031 |
| Market Size In 2024 | USD 38.91 Million |
| Market Size In 2031 | USD 58.98 Million |
| Largest segment | Testing Services |
| Fastest segment | Certification Services |
| Units | Revenue in USD Million |
| CAGR | 6.1% (2025-2031) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Mexico Medical Device Testing And Certification Market Share By Service Type
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Service Type |
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| Sourcing Type |
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| Device Class |
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| Technology |
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Mexico Medical Device Testing And Certification Market By Service Type 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
Mexico Medical Device Testing And Certification Market By Sourcing Type 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
Mexico Medical Device Testing And Certification Market By Device Class 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
Mexico Medical Device Testing And Certification Market By Technology 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
