The number of radiation therapy equipment units in Mexican hospitals has seen considerable fluctuations over the past decade. Starting at 178 units in 2013, the market experienced significant growth with notable year-on-year increases, particularly a 23.53% rise in 2016. However, there was a notable decline of 15.92% in 2018. By 2023, the number of units reached 294, marking a modest 3.16% increase over the previous year. The latest five-year CAGR up to 2023 stands at 3.88%.
Forecasts from 2024 to 2028 indicate a steady growth trajectory, with a projected presence of 341 units by 2028. This implies an average annual growth rate of 2.32% over the forecast period, culminating in a 12.17% overall growth rate.
Future trends to watch for include advancements in radiation therapy technology, which could drive both demand and replacement rates, as well as healthcare policy reforms and investments in health infrastructure that could impact the adoption and distribution of radiation therapy equipment across hospitals in Mexico.
