Market Trends of Mexico Hospital Supplies Industry
Sterilization and Disinfectant Equipment Segment is Expected to Witness Growth
Disinfection and sterilization play a significant role in hospital settings. There is a high expenditure on hospital supplies to maintain the cleanliness of equipment, such as the prevention of healthcare-associated infections, surgical instruments, and staff hygiene. To avoid infections in hospital settings and home care, sterilization and disinfectant products are highly demanded among end users. This is anticipated to drive the growth of the segment during the forecast period.
In hospitals, various patients with infectious and chronic diseases undergo surgeries for survival. The equipment used during surgeries, such as scalpels, scissors, endoscopes, and other surgical instruments, are re-used most of the time. Sterilization and disinfection of such devices are mandatory to avoid hospital-acquired infections. According to Michels & Gauquie data updated in 2022, decreasing pathogenic load diminishes the chances of breeding germs and avoids corrosion of expensive and unique instruments. Further, when sterilization and disinfection are correctly done, medical devices can be used safely in invasive and non-invasive procedures. Thus, with increasing inpatient visits to hospital settings in Mexico, the demand for sterilization and disinfection is increasing, which is expected to fuel the growth of the segment.
Moreover, recent developments by major companies and other public and private organizations are increasing the demand for sterilization and disinfectant supply products. For example, in December 2021, Nanosonics Ltd expanded its reach into Latin America with the addition of Juama SA de CV as its new distributor for the Trophon 2 device, accessories, consumables, and service in Mexico. Juama's medical division manufactures radiopharmaceuticals and represents internationally renowned brands in infection prevention. Thus, such advances are expected to drive the growth of the segment in the country.
Hence, all the abovementioned factors are expected to boost the growth of the segment during the forecast period.
Operating Room Equipment Segment is Predicted to be the Fastest Growing Segment
Operating room equipment includes hospital supplies such as medical carts, surgical lights, patient mechanical lift handling equipment, surgical booms, disposables and consumables, surgical case carts, stretchers, stretcher accessories, surgical devices, and other medical devices. These supplies are ideal for all hospitals, ranging from general to multi-specialties. As a result, the demand for such supplies is expected to increase within the country, boosting the growth of the market for the operating room equipment segment.
Furthermore, factors such as increasing hospital admissions, healthcare expenditures, and investments are expected to augment the growth of the segment during the forecast period.
The rise in investments in hospital infrastructure in Mexico is predicted to create numerous opportunities for the availability of various equipment in operating rooms in healthcare settings. For instance, in April 2022, the Jalisco government, Mexico, planned to invest more than USD 301.5 million in healthcare infrastructure over the next three years to build new hospitals and healthcare centers and upgrade existing ones. In addition, the Mexican Social Security Institute (IMSS) also announced plans to invest USD 677.2 million to build 111 new hospitals by 2024 in Mexico. These investments are predicted to fuel overall and segment growth in the country.
