{"id":2938,"date":"2022-08-01T18:31:46","date_gmt":"2022-08-01T18:31:46","guid":{"rendered":"https:\/\/veraqueconsulting.com\/mx\/?p=2938"},"modified":"2024-04-18T02:22:22","modified_gmt":"2024-04-18T02:22:22","slug":"the-medical-device-market-in-mexico-2021","status":"publish","type":"post","link":"https:\/\/veraqueconsulting.com\/mx\/the-medical-device-market-in-mexico-2021\/","title":{"rendered":"The Medical Device Market in Mexico 2021"},"content":{"rendered":"

Introduction<\/strong><\/h2>\n

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Following our last Medical Device Market report for the Mexican Market in 2020<\/a>, we present our report with the latest information we got from 2021.<\/p>\n

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In this article we will talk about the importation\/exportation value in Mexico compared to other countries. We also add some facts about the healthcare system and the local market. This will help you to get a better picture of what it is still considered the second largest market in Latin America.<\/p>\n

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The Mexican Market<\/strong><\/h2>\n

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After reviewing the Mexican central bank<\/a> data bases and matching them with the UN\u2019s<\/a>, we found that Mexico is still in the 9th<\/sup> place in terms of medical device importations (as referred in the table below) and the 5th<\/sup> place in exportations*<\/p>\n

 <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Position<\/strong><\/td>\nCountry<\/strong><\/td>\n<\/tr>\n
1<\/td>\nUSA<\/td>\n<\/tr>\n
2<\/td>\nChina<\/td>\n<\/tr>\n
3<\/td>\nGermany<\/td>\n<\/tr>\n
4<\/td>\nNetherlands<\/td>\n<\/tr>\n
5<\/td>\nJapan<\/td>\n<\/tr>\n
6<\/td>\nFrance<\/td>\n<\/tr>\n
7<\/td>\nUnited Kingdom<\/td>\n<\/tr>\n
8<\/td>\nItaly<\/td>\n<\/tr>\n
9<\/td>\nMexico<\/td>\n<\/tr>\n
10<\/td>\nCanada<\/td>\n<\/tr>\n
11<\/td>\nBelgium<\/td>\n<\/tr>\n
12<\/td>\nSpain<\/td>\n<\/tr>\n
13<\/td>\nAustralia<\/td>\n<\/tr>\n
14<\/td>\nSwitzerland<\/td>\n<\/tr>\n
15<\/td>\nIndia<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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*Notes:<\/p>\n

The information is obtained based on the most representative tariff codes related to medical devices (HS: 9018).<\/p>\n

Data up to July 2022.<\/p>\n

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Summary of the key regulatory changes<\/strong><\/h2>\n

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Recent changes in the Mexican Medical Device regulation has taken place in 2021. Some points to consider:<\/p>\n

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