The Mexico infection control market is expected to grow with a CAGR of 7.49% between 2019 and 2025. The growth is attributed to the flourishing medical tourism in the country. Mexico is considered one of the top destinations for individuals traveling for medical and dental work. Hence, the infection control market holds strong potential to thrive during the forecast period and in the upcoming years. By 2020, it was estimated that 100,000 sq. foot Princess Hospital is going to be inaugurated in the Acapulco’s Diamante district. The hospital is poised to contain operating rooms, a clinical laboratory, radiology, and rehabilitation departments, further fueling the market demand in the forecast period and in the upcoming years. Also, with a rapidly declining fertility rate, the country’s geriatric population is accounted to increase by three times by 2050. Hence, this is also serving as a major driver for the infection control market to grow in the forecast period and in the upcoming years. As per the United Nations estimates, the population aged above 65 years and older is estimated to grow by 277% to achieve a population size of more than 30 million by the end of 2050 from a population size of 8.2 million in 2015. The fertility rate in the country declined from 2.27 births per woman in 2013 to 2.157 births per woman in 2017 (source: The World Bank).
The presence of many manufacturing industries in the country is driving the market demand for infection prevention.
Mexico is home to many big manufacturing industries, and this will continue to grow in the forecast period and in the coming years. This is because of the fact that the country’s large and diverse population of labour is continuing to expand throughout every industry here. Also, the growing labour charges and transportation inflation in China is further augmenting the Mexico manufacturing industry growth. Hence, these will definitely require infection control products for maintaining the health and hygiene of the working personnel in the manufacturing industry. The prominent industries in the country include automotive, aerospace and aviation, medical device industry, and textile and consumer goods industries, fueling the market demand. Additionally, the highly skilled workforce in Mexico is further contributing to the market growth where these are well-aware of cross-contamination in various industrial areas, especially in the laboratories.
The presence of individuals suffering from chronic diseases is propagating the market demand in the forecast period.
In Mexico, there is a presence of population who are suffering from non-communicable chronic diseases, the major ones include diabetes, hypertension, obesity, and lipid disorders. Hence, this leads to continuous patient visits to hospitals for frequent patient monitoring in addition to taking care of their prevention from infections. This is because of the fact that these patients have a greater susceptibility to infections. Hence, the hospitals, clinics, and other medical facilities require proper infection prevention and control resulting in providing protection from disease-causing microorganisms to the patients and the caretaker both, burgeoning the market growth in the forecast period.
Segmentation:
By Product
By End User Industry
The presence of many manufacturing industries in the country is driving the market demand for infection prevention.
Mexico is home to many big manufacturing industries, and this will continue to grow in the forecast period and in the coming years. This is because of the fact that the country’s large and diverse population of labour is continuing to expand throughout every industry here. Also, the growing labour charges and transportation inflation in China is further augmenting the Mexico manufacturing industry growth. Hence, these will definitely require infection control products for maintaining the health and hygiene of the working personnel in the manufacturing industry. The prominent industries in the country include automotive, aerospace and aviation, medical device industry, and textile and consumer goods industries, fueling the market demand. Additionally, the highly skilled workforce in Mexico is further contributing to the market growth where these are well-aware of cross-contamination in various industrial areas, especially in the laboratories.
The presence of individuals suffering from chronic diseases is propagating the market demand in the forecast period.
In Mexico, there is a presence of population who are suffering from non-communicable chronic diseases, the major ones include diabetes, hypertension, obesity, and lipid disorders. Hence, this leads to continuous patient visits to hospitals for frequent patient monitoring in addition to taking care of their prevention from infections. This is because of the fact that these patients have a greater susceptibility to infections. Hence, the hospitals, clinics, and other medical facilities require proper infection prevention and control resulting in providing protection from disease-causing microorganisms to the patients and the caretaker both, burgeoning the market growth in the forecast period.
Segmentation:
By Product
- Disinfectant
- Sterilization
- Low temperature Sterilization
- Heat Sterilization
- Contract Sterilization
By End User Industry
- Healthcare
- Food and Beverage
- Chemical
Table of Contents
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Mexico Infection Control Market Analysis, by Product
6. Mexico Infection Control Market Analysis, by End User Industry
7. Competitive Environment and Analysis
8. Company Profiles
Companies Mentioned
- 3M
- Medtronic
- STERIS plc
- Cantel Medical
- Ecolab
Methodology
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