The number of hospitals in Mexico in 2023 stood at approximately 5.06 thousand establishments. Between 2013 and 2023, the hospital industry has shown a consistent albeit modest growth, reflected in year-on-year variations that generally remained positive since 2015. The five-year compound annual growth rate (CAGR) from 2018 to 2023 was around 1.78%, indicating a stable expansion period.
From 2013 through 2023, growth fluctuations were prominently seen. Notably, the highest year-on-year increase occurred in 2020 with a 4.29% rise, likely driven by the COVID-19 pandemic. Conversely, the growth rate significantly plateaued in 2022 with a 0.48% increase before slightly picking up again in 2023 by 0.76%.
Looking forward, forecasted data from 2024 to 2028 suggests a steady but slower growth trend, with a five-year CAGR of 0.47%, translating to an overall growth rate of 2.38% within this period.
Future trends to watch for include the integration of advanced healthcare technologies, potential government healthcare reforms, and investments in hospital infrastructure to address growing healthcare demands. Emphasis on healthcare accessibility and quality, particularly in rural areas, may also drive hospital expansions in the coming years.