Mexico Nuclear Imaging Market Size and Share

Mexico Nuclear Imaging Market (2025 - 2030)
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Mexico Nuclear Imaging Market Analysis by Mordor Intelligence

The Mexico nuclear imaging market size is expected to grow from USD 297.1 million in 2025 to USD 313.32 million in 2026 and is forecast to reach USD 408.7 million by 2031 at 5.46% CAGR over 2026-2031. The upward trajectory is underpinned by sustained public and private investment in hybrid SPECT/CT and PET/CT systems, rising oncology and cardiology procedure volumes, and a modest but steady expansion of domestic PET radioisotope production capacity. Hospitals continue to dominate installed‐base counts, yet outpatient diagnostic chains are scaling rapidly, encouraged by shorter patient wait times and lower fee structures. Private nuclear pharmacies in Guadalajara and Monterrey add regional redundancy that reduces tracer transit hours, while cross-border supply chains with United States cyclotron operators support just-in-time deliveries of Fluorine-18. Workforce shortages and customs-related Mo-99 delays remain structural headwinds, although the government’s consolidated procurement program is expected to streamline equipment acquisition and lower isotope unit costs for public institutions.

Key Report Takeaways

  • By product, radioisotopes held 61.58% of Mexico nuclear imaging market share in 2025 and are projected to expand at a 5.58% CAGR to 2031.
  • By application, SPECT captured 69.80% revenue share in 2025, while PET is advancing at a 5.88% CAGR through 2031 on expanding oncology indications.
  • By end user, hospitals commanded 53.10% of the Mexico nuclear imaging market size in 2025, whereas diagnostic centers are forecast to grow at 5.95% CAGR between 2026 and 2031.

Note: Market size and forecast figures in this report are generated using Mordor Intelligence’s proprietary estimation framework, updated with the latest available data and insights as of 2026.

Segment Analysis

By Product: Radioisotopes Sustain a Consumables-Heavy Profile

Radioisotopes commanded 61.58% of the Mexico nuclear imaging market share in 2025. The Mexico nuclear imaging market size for radioisotopes is projected to rise at a 5.58% CAGR to 2031 as Technetium-99m continues to anchor SPECT demand. Consumables spending is recurrent, generating predictable cash flow for radiopharmaceutical vendors and prompting new entrants to establish GMP-grade production lines. Curium Pharma’s March 2025 acquisition of Monrol expanded Latin American Lutetium-177 output capacity and positions the firm to supply therapeutic isotopes for prostate cancer programs. PET tracers, led by Fluorine-18, log the fastest volume growth owing to oncology indications, and wider distribution of cyclotrons in tertiary cities further supports adoption. Capital equipment, while representing only 38.42% of 2025 value, exerts pivotal influence on long-term modality mix. Replacement cycles of 10-15 years shape tender calendars, allowing OEMs to introduce novel detector technologies and dose-reduction software that reinforce the hybrid migration trend.

Equipment procurement remains concentrated in high-acuity metropolitan hospitals that can shoulder million-dollar outlays and maintain qualified staff. Smaller facilities gravitate toward refurbished scanners or service subscriptions that bundle uptime guarantees and per-scan pricing. Currency risk persists because nearly all hardware is imported. Vendors that provide peso-denominated leasing, remote diagnostics, and on-site training win share, especially in diagnostic center chains expanding outside the capital. The expanding PET tracer portfolio, including Ga-68 and Zr-89, is expected to boost theranostics programs and tilt purchasing toward systems with time-of-flight and extended field-of-view capabilities.

Mexico Nuclear Imaging Market: Market Share by Product, 2025
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Mexico Nuclear Imaging Market: Market Share by Product, 2025

By Application: SPECT Retains Scale, PET Gains Momentum

SPECT held 69.80% of 2025 revenue, reflecting entrenched clinical pathways for myocardial perfusion and thyroid imaging. Lower tracer cost and broader reimbursement underpin its dominance. Cardiology constitutes the largest SPECT workload, supported by Mexico’s high prevalence of ischemic heart disease, while neurology and thyroid contribute steady baseline volumes. PET revenue, although smaller, is set to expand faster through 2031 as oncologists adopt FDG-PET for early staging and therapy monitoring. Major private networks in Monterrey report double-digit annual PET scan growth since 2023, attributing the uptick to rising middle-income insurance penetration and physician familiarity with molecular imaging guidelines.

The expanding PET user base benefits from newly commissioned cyclotrons that reduce per-dose prices and enable same-day tracer access in secondary cities. Hybrid SPECT/CT upgrades inject incremental functional-anatomical quality into the legacy modality, extending its competitive runway versus PET. Intervention planning tools embedded in new software packages improve referring-physician confidence and sustain SPECT volumes. Specialty subsegments, such as infection imaging with tagged white blood cell tracers, remain niche but profitable, serviced mostly by academic hospitals conducting complex cases.

By End User: Hospitals Lead, Diagnostic Centers Accelerate

Hospitals accounted for 53.10% of 2025 revenue thanks to integrated oncology and cardiology programs that depend on in-house nuclear medicine units for multidisciplinary care. Teaching hospitals contribute a significant share of first-in-human tracer studies and complex pediatric protocols, aided by dedicated radiopharmacists and physicists. IMSS-Bienestar’s regional expansion is expected to bring new hybrid systems to medium-sized cities, unlocking latent demand among social security beneficiaries. The hospital channel also captures emergent therapeutic radioisotope use, including 177Lu-PSMA and 131I-MIBG treatments, which require specialized isolation wards.

Diagnostic centers, though still trailing, are registering a 5.95% CAGR through 2031 as outpatient care shifts away from inpatient campuses. GE HealthCare and Salud Digna have validated the hub-and-spoke model that links tier-1 imaging hubs to community spokes, enabling high patient throughput and consistent protocol execution. Chains leverage purchase scale to negotiate favorable isotope pricing and invest in cloud platforms that automate dose tracking and quality assurance. Academic and research institutes remain a focused niche, representing less than 5% of the Mexico nuclear imaging market; they function as engines for tracer innovation and workforce training.

Mexico Nuclear Imaging Market: Market Share by End User, 2025
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Mexico Nuclear Imaging Market: Market Share by End User, 2025

Geography Analysis

The Mexico nuclear imaging market is geographically concentrated in three metropolitan areas that host the bulk of the installed scanner base and radiopharmacy sites. Mexico City accounts for the largest cluster of hybrid systems, reflecting its dense hospital ecosystem and high specialist headcount. Guadalajara and Monterrey follow, each supported by newly licensed private cyclotrons that shorten Fluorine-18 supply lines. The high density of PET and SPECT services in these corridors allows logistics firms to consolidate isotope deliveries, improving cost efficiency. Northern border states enjoy proximity to United States suppliers, receiving daily shipments of short-lived tracers under just-in-time arrangements that improve dose utilization.

Secondary cities such as León, Puebla, and Mérida register rising scan volumes as diagnostic center chains deploy refurbished SPECT cameras and partner with regional radiopharmacies for generator exchange programs. Public-sector tenders scheduled for 2025–2026 earmark hybrid scanners for IMSS-Bienestar hospitals in Chiapas and Oaxaca, signaling incremental expansion into underserved south-southeast regions. Infrastructure gaps persist, however, with limited technologist availability and irregular power grids constraining continuous operation of cyclotron facilities outside the main metros.

Cross-border dynamics introduce both resilience and fragility. While northern states benefit from fast-track agreements that expedite Fluorine-18 clearance, they also share exposure to Mo-99 congestion when customs stalls shipments at congested ports of entry. Coastal states rely on airfreight routes from central Mexico, adding cost premiums that restrain elective scan adoption. Government efforts to incentivize decentralization include tax credits for private radiopharmacy investments in states with below-average diagnostic imaging penetration. The IAEA’s regional cooperation programs have identified two new candidate sites for cyclotron deployment by 2027, which would elevate national PET tracer self-sufficiency above 90%.

Regulatory Landscape

Nuclear imaging equipment and radiopharmaceuticals in Mexico are governed through COFEPRIS medical-device controls, including registration routes that use an Equivalence and Recognition pathway for products already authorized by recognized foreign regulators (COFEPRIS-04-050 and COFEPRIS-04-060). In practice, this route has been used to shorten import-to-use timelines for advanced imaging platforms, supporting faster deployment of hybrid systems in major hospital networks.

Radiological safety obligations for nuclear medicine facilities are anchored by NOM-040-NUCL-2016, while technical requirements for installation and operation of medical diagnostic equipment and radiation protection are covered through Secretaría de Salud norms such as NOM-158-SSA1-1996 and NOM-229-SSA1-2002. Together, these requirements shape room shielding, quality control, and operating procedures for PET and SPECT services, and they feed into tender specifications and commissioning readiness in both public and private sites.

Value Chain Analysis

The value chain begins with OEMs supplying PET/CT and SPECT/CT hardware, software, and service, followed by local importation and regulatory registration through COFEPRIS. Many large OEMs run direct commercial and service models in Mexico, rather than relying only on distributor coverage, to support uptime commitments, parts logistics, and clinical applications training for hybrid systems.

Downstream, radiopharmaceutical production and distribution, including PET tracers supported by cyclotron operations and SPECT generator supply, connects to hospitals and diagnostic imaging chains that schedule studies and manage dose handling under nuclear safety requirements. Public-sector purchasing is a key demand driver: IMSS and other public providers procure imaging systems and multi-year maintenance via competitive tenders, which creates bundled opportunities for OEMs and service partners, while private providers compete on speed, extended hours, and access to specialist protocols.

Competitive Landscape

Competitive intensity in the Mexico nuclear imaging market remains moderate. No single vendor commands share across both capital equipment and consumables, which sustains pricing discipline and innovation. GE HealthCare, Siemens Healthineers, and Philips dominate high-end scanner bids by bundling AI reconstruction, service, and financing. Their multi-modal portfolios cater to both PET/CT and SPECT/CT upgrade pipelines. Curium, Novartis, and Bracco lead the radioisotope segment through differentiated product depth and aggressive in-country logistics footprints. Curium’s acquisition of Monrol gives it a head start in theranostics tracer supply, while Novartis leverages global Lu-177 production to support its radioligand therapy rollouts.

Mid-tier disruptors are capitalizing on unmet needs outside Mexico City. Regional radiopharmacy operators such as Pharmaconnect in Monterrey and Nuklear Labs in Guadalajara are gaining traction by offering same-day Fluorine-18 and scheduled Ga-68 deliveries on subscription plans. Service-as-a-solution models, where vendors retain scanner ownership and charge per study, are trialing in private chains to lower up-front capex. International OEMs partner with local engineering firms to expand field service capacity and keep downtime under 3%, a key requirement for high-volume outpatient centers.

Regulatory familiarity is a decisive moat. Firms with established COFEPRIS dossiers navigate variant submissions for detector upgrades more swiftly, granting a temporary sales window before rivals receive clearance. Training alliances with academic centers also amplify vendor brand presence and provide user feedback loops for product refinement. Although the top five players together hold well below 70% revenue share, incumbents retain durable advantages in service infrastructure, clinical education, and integrated solutions.

Mexico Nuclear Imaging Industry Leaders

  1. Bracco Imaging Spa

  2. GE Healthcare

  3. Koninklijke Philips N.V

  4. Siemens Healthineers

  5. Canon Medical System

  6. *Disclaimer: Major Players sorted in no particular order
Mexico Nuclear Imaging Market Concentration
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Market Opportunities and Future Outlook

Public procurement is still the clearest volume lever for installed-base modernization and workflow standardization across Mexico. IMSS reported deployment of 123 high-tech imaging systems under a MXN 1.7 billion diagnostic equipment upgrade, which reinforces demand for vendors that bundle systems with long-term service, training, and protocol harmonization across multi-site networks.

Clinical migration toward higher-performance imaging and integrated diagnostic pathways is also opening room for advanced image quality and throughput solutions that connect nuclear medicine with CT-based characterization and oncology workups. A concrete reference point is Hospital Angeles Lomas launching Philips Spectral CT 7500 in May 2026, which points to tertiary-care appetite for premium diagnostic precision and supports hybrid-imaging upgrade cycles, radiopharmacy partnerships that reduce tracer transit losses, and OEM offerings that combine dose management, reconstruction software, and remote service to manage workforce and uptime constraints.

Recent Industry Developments

  • May 2026: Philips Mexico introduced the Spectral CT 7500 integrated spectral CT technology at Hospital Angeles Lomas in Mexico City on May 7, 2026. The adoption of spectral CT in Mexico’s tertiary care network expands advanced imaging options and supports higher diagnostic confidence. The rollout strengthens Philips’ competitive position in the Mexican market by targeting high-end hospitals.
  • March 2025: Curium Pharma completed acquisition of Monrol to significantly expand Lutetium-177 capacity and PET footprint. The acquisition expands radiopharmaceuticals supply for theranostics in the Mexico related market. It strengthens Curium’s in-country isotope supply chain and therapy capabilities, influencing competition and pricing dynamics.
  • January 2025: IMSS-Bienestar initiated hybrid SPECT/CT installations at five regional hospitals across 12 Mexican states in 2025. The public sector expansion of nuclear imaging capacity broadens access to imaging services. This outreach can shift hospital procurement and utilization patterns.

Table of Contents for Mexico Nuclear Imaging Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising Cancer & CVD Incidence
    • 4.2.2 Public-Sector Imaging Capex (INSABI, IMSS)
    • 4.2.3 Hybrid SPECT/CT & PET/CT Upgrades
    • 4.2.4 Private Nuclear-Pharmacy Build-Out (Guadalajara, Monterrey)
    • 4.2.5 Early Adoption of Total-Body PET for Pediatric Oncology
    • 4.2.6 Cross-Border JIT Tracer Logistics with U.S. Suppliers
  • 4.3 Market Restraints
    • 4.3.1 High Equipment & Maintenance Costs
    • 4.3.2 Limited Reimbursement for Advanced Scans
    • 4.3.3 Mo-99 Supply Delays at Mexican Customs
    • 4.3.4 Shortage of Certified Nuclear-Medicine Technologists
  • 4.4 Value / Supply-Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter’s Five Forces
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Suppliers
    • 4.7.3 Bargaining Power of Buyers
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Competitive Rivalry

5. Market Size & Growth Forecasts (Value, USD million)

  • 5.1 By Product
    • 5.1.1 Equipment
    • 5.1.1.1 PET/CT Scanners
    • 5.1.1.2 SPECT/CT Scanners
    • 5.1.1.3 PET/MRI Scanners
    • 5.1.2 Radioisotopes
    • 5.1.2.1 SPECT Radioisotopes
    • 5.1.2.1.1 Technetium-99m (Tc-99m)
    • 5.1.2.1.2 Thallium-201 (Tl-201)
    • 5.1.2.1.3 Gallium-67 (Ga-67)
    • 5.1.2.1.4 Iodine-123 (I-123)
    • 5.1.2.1.5 Other SPECT Isotopes
    • 5.1.2.2 PET Radioisotopes
    • 5.1.2.2.1 Fluorine-18 (F-18)
    • 5.1.2.2.2 Rubidium-82 (Rb-82)
    • 5.1.2.2.3 Other PET Isotopes
  • 5.2 By Application
    • 5.2.1 SPECT Applications
    • 5.2.1.1 Cardiology
    • 5.2.1.2 Neurology
    • 5.2.1.3 Thyroid
    • 5.2.1.4 Other SPECT Applications
    • 5.2.2 PET Applications
    • 5.2.2.1 Oncology
    • 5.2.2.2 Cardiology
    • 5.2.2.3 Neurology
    • 5.2.2.4 Other PET Applications
  • 5.3 By End User
    • 5.3.1 Hospitals
    • 5.3.2 Diagnostic Imaging Centers
    • 5.3.3 Academic & Research Institutes

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Market Share Analysis
  • 6.3 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products & Services, and Recent Developments)
    • 6.3.1 GE HealthCare
    • 6.3.2 Siemens Healthineers
    • 6.3.3 Koninklijke Philips N.V
    • 6.3.4 Canon Medical Systems Corp.
    • 6.3.5 Curium Pharma
    • 6.3.6 Canon Medical Systems Corporation
    • 6.3.7 Bracco Imaging SpA
    • 6.3.8 Fujifilm Holdings Corporation
    • 6.3.9 Mediso Ltd
    • 6.3.10 Bracco Group
    • 6.3.11 Novartis AG
    • 6.3.12 Bayer AG
    • 6.3.13 United Imaging Healthcare
    • 6.3.14 Spectrum Dynamics Medical
    • 6.3.15 Telix Pharmaceuticals

7. Market Opportunities & Future Outlook

  • 7.1 White-space & Unmet-Need Assessment

Research Methodology Framework and Report Scope

Market Definition and Coverage

For this study, the Mexico nuclear imaging market is defined as the value generated from nuclear medicine imaging procedures, and the related imaging systems and tracers used to create diagnostic images in clinical settings across Mexico.

Scope exclusions: this sizing does not count radiation therapy and radiopharmaceutical treatments, and it also excludes non-nuclear imaging modalities like CT, MRI, ultrasound, and standard X-ray.

Segmentation Overview

  • By Product
    • Equipment
      • PET/CT Scanners
      • SPECT/CT Scanners
      • PET/MRI Scanners
    • Radioisotopes
      • SPECT Radioisotopes
        • Technetium-99m (Tc-99m)
        • Thallium-201 (Tl-201)
        • Gallium-67 (Ga-67)
        • Iodine-123 (I-123)
        • Other SPECT Isotopes
      • PET Radioisotopes
        • Fluorine-18 (F-18)
        • Rubidium-82 (Rb-82)
        • Other PET Isotopes
  • By Application
    • SPECT Applications
      • Cardiology
      • Neurology
      • Thyroid
      • Other SPECT Applications
    • PET Applications
      • Oncology
      • Cardiology
      • Neurology
      • Other PET Applications
  • By End User
    • Hospitals
    • Diagnostic Imaging Centers
    • Academic & Research Institutes

Data Sources, Market Sizing, and Validation

Desk Research

Desk research was used to set the factual base for demand and supply signals that shape nuclear imaging in Mexico, then to ensure the market boundary was applied consistently. We typically start with health system statistics, import signals, and device approvals to understand how many sites can actually deliver PET and SPECT procedures.

Public sources that helped anchor assumptions included official health statistics and epidemiology releases (Mexico health ministry publications), regulator and safety body information (COFEPRIS and nuclear safety guidance), and international health datasets (WHO and IAEA resources on nuclear medicine). We also reviewed peer reviewed clinical literature on PET and SPECT utilization trends, along with customs and trade summaries where available, then complemented this with company filings, investor decks, press releases, and reputable local media coverage. In a few places, paid subscriptions were used for company financials and news screening, as well as patent lookups and shipment level trade indicators to sanity check equipment and isotope movement. This list is not exhaustive, and many other sources were used for data collection, validation, and clarification during the work.

Primary Interviews and Surveys

Primary work focused on checking real world procedure mixes, equipment replacement cycles, and pricing logic that is not visible in public datasets. We spoke with a mix of hospital imaging leaders, radiology and nuclear medicine department staff, diagnostic center operators, and distribution and service channel participants to confirm utilization, downtime patterns, and typical contracting terms.

Because this is Mexico only, coverage was spread across the main urban clusters where PET and SPECT capacity is concentrated, then extended to secondary cities to avoid over weighting one region's purchasing behavior.

Distribution of primary research fieldwork respondents

Company typeRespondent positionRegion
Top tier: 33% CXOs: 19%
Mid tier: 45% Functional/Unit leaders: 24%
Smaller Players: 22% Managers: 57%

Market-Sizing & Forecasting

Sizing was built using a top down and bottom up approach. Procedure capacity and utilization were used to reconstruct the demand pool, then cross checked against supplier and channel signals. In practice, the top down view was formed by estimating active PET and SPECT sites, average scans per system by care setting, and the split of studies by clinical use. Those study totals were translated into annual value through typical per scan economics and tracer consumption.

To keep the totals realistic, the model was corroborated with selective bottom up approximations such as sampled equipment ASP by modality, replacement led unit demand, service and maintenance attachment logic, and radioisotope volume checks tied to scan counts. When gaps existed, for example for smaller private imaging centers that do not disclose volumes, we used conservative utilization bands based on comparable facilities, then rechecked the bands with interview feedback.

Forecasting relied mainly on scenario analysis supported by a short set of drivers that can be tracked each year. Key inputs included oncology and cardiology diagnostic demand, installed base aging and replacement timing, access to PET tracers and delivery lead times, public procurement timing, and average selling price progression for hybrid systems as configurations change. Growth paths were adjusted when expert inputs pointed to step changes, such as a new cyclotron coming online or a procurement wave that shifts purchases into a single year.

Data Validation & Update Cycle

Validation was done through multiple checks that connect the model outputs to independent signals, so one data point cannot overly steer the result. We compared implied scan volumes to practical capacity limits, reviewed pricing ranges against observed contracting behavior, and then tested whether equipment unit counts matched expected replacement demand given system age and service lifecycles.

Variance checks were performed at each step. Any large mismatch triggered rework of assumptions, and when needed, re contact with sources to confirm what changed. Before sign off, a separate analyst review was applied to ensure definitions, calculations, and currency treatment were consistent across the series. Reports are refreshed annually, with interim updates when material events occur, and a final pre delivery pass so clients receive the latest view.

Mordor Intelligence's Mexico Nuclear Imaging Market Size Compared With Other Published Estimates

Published market sizes for nuclear imaging in Mexico can look inconsistent because underlying counting rules are not always the same, even when titles sound similar. Differences usually come from what is included in the value pool, which year is treated as the base, and how pricing is converted and updated.

A refresh led gap is common in this market since equipment ASPs and service pricing can shift when procurement cycles change, and currency timing can move USD values even if local demand is steady. By updating the USD conversion timing, rechecking typical ASP bands for PET and SPECT systems, and running a last mile validation of procedure volume assumptions close to publication, the estimate used by Mordor Intelligence can land away from figures that hold older price points or apply broader imaging scope.

Benchmark comparison

SourceMarket SizeGaps in Research Methodology
Mordor Intelligence USD 297.1 M (2025)
Industry Association A USD 250.0 M (2025)Often reports only equipment and service revenues tied to public sector reporting, which can undercount private diagnostic center procedure value and may apply older contracted price schedules.
Regional Consultancy B USD 340.0 M (2025)Frequently rolls nuclear imaging into broader medical imaging bundles or assumes higher utilization per installed system, which can overstate value when downtime and tracer availability constraints are not explicitly modeled.

Looking across the figures, the spread is mainly explained by scope boundaries, plus how procedure volumes and pricing are refreshed for the same year. Our approach stays traceable to practical capacity, utilization, and realistic pricing inputs, so the final number can be repeated and checked as new data points emerge.

Key Questions Answered in the Report

How large is the Mexico nuclear imaging market in 2026?

The Mexico nuclear imaging market size stands at USD 313.32 million in 2026.

What is the projected CAGR through 2031?

The market is forecast to grow at a 5.46% CAGR between 2026 and 2031.

Which product type holds the biggest share?

Radioisotopes contribute the largest slice, at 61.58% of 2025 revenue.

Why are diagnostics centers expanding quickly?

Outpatient chains offer shorter wait times and lower fees, supporting a 5.95% CAGR to 2031.

What supply chain issue most affects SPECT procedures?

Customs delays that slow Mo-99 generator imports can cut isotope activity below clinical thresholds.

Which companies lead equipment sales?

GE HealthCare, Siemens Healthineers, and Philips collectively top capital equipment bids.

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