Mexico Intravenous (IV) Equipments Market Overview, 2028

In Mexico the prevalence of chronic diseases, such as diabetes, cardiovascular diseases, and cancer, is on the rise. These conditions often require long-term treatments, including intravenous therapies, driving the demand for IV equipment. Mexico, like many countries, is experiencing demographic shifts with an aging population. Older adults often have a higher incidence of chronic illnesses that necessitate medical interventions involving IV therapy, contributing to the growth of the IV equipment market. Mexico faces challenges related to infectious diseases. In situations where intravenous treatments are crucial for managing or preventing the spread of infections, the demand for IV equipment, including infusion pumps and catheters, may increase. The growth in surgical procedures, both in hospitals and outpatient settings, contributes to the demand for IV equipment. IV therapy is often a critical component of pre-operative and post-operative care, driving the need for infusion pumps, catheters, and related equipment. Mexico is a destination for medical tourism, with individuals seeking healthcare services from other countries. The presence of high-quality medical facilities may lead to increased demand for modern medical equipment, including IV devices, to maintain international standards of care. Economic factors, including GDP growth and healthcare affordability, can influence the adoption of advanced medical technologies. A growing economy may result in increased healthcare spending, positively impacting the IV equipment market. Efforts to improve healthcare accessibility in rural or underserved areas may drive the need for portable and adaptable IV equipment suitable for different healthcare settings. According to the research report "Mexico Intravenous (IV) Equipments Market Overview, 2028," published by Bonafide Research, the Mexico Intravenous (IV) Equipments market is anticipated to grow at more than 9% CAGR from 2023 to 2028. The incorporation of AI in healthcare is a global trend, and in Mexico, it may impact IV equipment through improved monitoring and predictive analytics. AI algorithms could help optimize IV therapy by predicting patient responses and adjusting infusion rates accordingly. The use of mobile devices for healthcare purposes, known as mHealth, is gaining traction. In Mexico, this trend may influence IV equipment by enabling remote monitoring of IV therapy, real-time communication between patients and healthcare providers, and mobile-based applications for managing infusion schedules. The preference for disposable and single-use IV systems may be on the rise in Mexico. This trend is driven by concerns about infection control, reducing the risk of contamination, and simplifying the disposal process. Manufacturers may respond by developing more disposable IV components. The trend of connected healthcare devices is likely to impact the IV equipment market in Mexico. IV pumps and monitoring systems that offer seamless connectivity to electronic health records (EHRs) and enable remote monitoring by healthcare professionals could see increased adoption. The development of needle-free or needleless IV systems is a trend aimed at reducing patient discomfort and the risk of needlestick injuries. Such innovations may gain popularity in Mexico, aligning with a broader global movement toward less invasive medical procedures.

Based on product segment market is bifurcated into IV catheters, infusion pumps, administration sets, securement devices, needless connectors, stopcocks and check valves, drip chambers and others. The IV equipment market in Mexico is anticipated to be dominated by the IV catheter product type. Basic tools called IV catheters are used to open the blood vessels so that medications, fluids, or blood samples for testing can be given. They serve as the main point of entry for intravenous treatments in settings such as clinics, hospitals, and home care. Because of their versatility, IV catheters can be used to treat a wide range of medical conditions in a range of patient populations. Because of their adaptability, they are used widely and are an essential part of intravenous therapy for both specialty therapies and routine fluid supply. IV catheter use outside of typical healthcare facilities has increased due to the expansion of home-based healthcare. Catheters are often necessary for patients requiring long-term intravenous therapies, such as parenteral nutrition or chemotherapy, as they enable safe and effective treatment administration at home. IV therapy is becoming increasingly necessary as the prevalence of chronic diseases increases. The ongoing need for IV catheters is fueled in part by the necessity of constant or intermittent intravenous therapies for conditions like cancer, diabetes, and autoimmune disorders. The market's end-user segment is split up into home care settings, clinics, hospitals, and other categories. The end-user sector for home care settings in the Mexico IV equipment market is expected to expand at a substantial rate. Home care settings have grown thanks in part to the development of portable and user-friendly IV equipment meant particularly for use at home. Patients can safely and successfully self-administer therapies while being monitored remotely with the help of small infusion pumps, portable IV sets, and basic catheters. Home-based care is highly desired since chronic diseases like cancer, autoimmune disorders, and certain infections are common and require long-term intravenous therapy. The convenience and flexibility that home care facilities offer to patients undergoing ongoing treatment has caused a rise in the adoption of IV equipment intended for home use. The ageing population in the Mexico increases the need for in-home care environments. For older patients with complicated healthcare needs, long-term intravenous therapies are often necessary. Home-based care frees up hospital resources while enabling more individualised treatment plans. Home care settings can be more affordable than hospital-based care for some therapies. The growth of the market is aided by this cost-cutting aspect, which motivates policymakers, insurers, and healthcare providers to support and invest in home-based IV therapy. Considered in this report: • Geography: Mexico • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028

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Manmayi Raval

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Aspects covered in this report: • Mexico IV Equipments market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Product: • IV Catheters • Infusion Pumps • Administration Sets • Securement Devices • Needless Connectors • Stopcocks and Check Valves • Drip Chambers • Others By End User: • Hospital • Clinics • Home Care Settings • Others

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By Indication: • Cardiovascular Disorders & Hypertension • Pregnancy • Diabetes • Respiratory Diseases • Cancer • Movement Disorders • Hearing Disorders • Wound Care • Other Indications (sleep disorders, kidney disorders, neurovascular diseases, and HIV) The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources. Intended audience: This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the IV Equipments industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.