{"id":3792,"date":"2025-01-23T22:46:31","date_gmt":"2025-01-23T22:46:31","guid":{"rendered":"https:\/\/veraqueconsulting.com\/mx\/?p=3792"},"modified":"2025-10-29T14:42:38","modified_gmt":"2025-10-29T14:42:38","slug":"the-medical-device-market-in-mexico-2023","status":"publish","type":"post","link":"https:\/\/veraqueconsulting.com\/mx\/the-medical-device-market-in-mexico-2023\/","title":{"rendered":"The Medical Device Market in Mexico 2023"},"content":{"rendered":"

Introduction<\/span><\/b>\u00a0<\/span><\/h3>\n

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Following our last <\/span>Medical Device Market report for the Mexican Market in 2021<\/span><\/a>, we present our report with the latest information we got from 2023.<\/span>\u00a0<\/span><\/p>\n

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This article delves into the comparative importation and exportation values of Mexico in relation to other nations. Additionally, we highlight some aspects of the healthcare system and the local market dynamics. This comprehensive overview will enhance your understanding of why Mexico remains the second largest market in Latin America.<\/span>\u00a0<\/span><\/p>\n

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The Mexican Market<\/span><\/b>\u00a0<\/span><\/h3>\n

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After reviewing the <\/span>Mexican central bank<\/span><\/a> data bases and matching them with the <\/span>UN\u2019s<\/span><\/a>, we found that Mexico is now in the 7<\/span>th<\/span> place in terms of medical device importations (as referred in the table below) and the 4<\/span>th<\/span> place in exportations*<\/span>\u00a0<\/span><\/p>\n

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Position<\/span><\/b>\u00a0<\/span><\/td>\nCountry<\/span><\/b>\u00a0<\/span><\/td>\n<\/tr>\n
1<\/span>\u00a0<\/span><\/td>\nUSA<\/span>\u00a0<\/span><\/td>\n<\/tr>\n
2<\/span>\u00a0<\/span><\/td>\nNetherlands<\/span>\u00a0<\/span><\/td>\n<\/tr>\n
3<\/span>\u00a0<\/span><\/td>\nGermany<\/span>\u00a0<\/span><\/td>\n<\/tr>\n
4<\/span>\u00a0<\/span><\/td>\nChina<\/span>\u00a0<\/span><\/td>\n<\/tr>\n
5<\/span>\u00a0<\/span><\/td>\nFrance<\/span>\u00a0<\/span><\/td>\n<\/tr>\n
6<\/span>\u00a0<\/span><\/td>\nUnited Kingdom<\/span>\u00a0<\/span><\/td>\n<\/tr>\n
7<\/span>\u00a0<\/span><\/td>\nMexico<\/span><\/b>\u00a0<\/span><\/td>\n<\/tr>\n
8<\/span>\u00a0<\/span><\/td>\nItaly<\/span>\u00a0<\/span><\/td>\n<\/tr>\n
9<\/span>\u00a0<\/span><\/td>\nBelgium<\/span>\u00a0<\/span><\/td>\n<\/tr>\n
10<\/span>\u00a0<\/span><\/td>\nCanada<\/span>\u00a0<\/span><\/td>\n<\/tr>\n
11<\/span>\u00a0<\/span><\/td>\nSpain<\/span>\u00a0<\/span><\/td>\n<\/tr>\n
12<\/span>\u00a0<\/span><\/td>\nSwitzerland<\/span>\u00a0<\/span><\/td>\n<\/tr>\n
13<\/span>\u00a0<\/span><\/td>\nAustralia<\/span>\u00a0<\/span><\/td>\n<\/tr>\n
14<\/span>\u00a0<\/span><\/td>\nRepublic of Korea<\/span>\u00a0<\/span><\/td>\n<\/tr>\n
15<\/span>\u00a0<\/span><\/td>\nIndia<\/span>\u00a0<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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*Notes:<\/span><\/b>\u00a0<\/span><\/p>\n

The information is obtained based on the most representative tariff codes related to medical devices (HS: 9018).<\/span>\u00a0<\/span><\/p>\n

Data up to January 2025.<\/span>\u00a0<\/span><\/p>\n

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Summary of the key regulatory changes<\/span><\/b>\u00a0<\/span><\/h3>\n

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As an abstract of the changes in the Mexican Medical Device regulation that took place in 2023. Some points to consider are:<\/span>\u00a0<\/span><\/p>\n

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