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MX NAICS 62211MX | Industry Report

Hospitals in Mexico Industry Data and Analysis

TF
Tina Fine
Analyst New York, United States January 2024

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The Hospitals in Mexico Industry analysis is available in multiple formats to fit seamlessly into your workflow.

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What's included in this industry analysis

IBISWorld's research coverage on the Hospitals industry in Mexico includes market sizing, forecasting, data and analysis from 2014-2029. The most recent publication was released January 2024.

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About this industry

What's this industry report about?

The Hospitals industry in Mexico operates under the NAICS industry code 62211MX. The COVID-19 pandemic has profoundly impacted Mexico's healthcare system, claiming a substantial number of lives and triggering a drop in hospital revenues throughout 2020. Despite these challenges, COVID-19 catalyzed critical changes in the nation's healthcare landscape. A notable shift is the swift uptake of telemedicine services. The ability to offer remote medical consultations has reduced the risk of in-person appointments and signified a significant transition in hospital operations. Despite a rebound by the end of the period, industry-wide revenue had a slight dip at a CAGR of 0.3% through 2024 and is expected to total MXN 67.9 billion in 2024, when revenue will jump by an estimated 1.3% and profit sits at 18.3% of revenue. Related terms covered in the Hospitals industry in Mexico include healthcare network, inpatient and outpatient.

What's included in this industry?

Products and services covered in Hospitals industry in Mexico include Obstetrics and Gynecology, Pediatrics and Internal Medicine.

What companies are included in this industry?

Companies covered in the Hospitals industry in Mexico include Star Medica Hospitals, Christus Health and Angeles Health International.

Performance

What's included in the Performance chapter?

The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Hospitals industry in Mexico.

Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.

Products & Markets

What's included in the Products and Markets chapter?

The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Hospitals industry in Mexico.

Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.

Geographic Breakdown

What's included in the Geographic Breakdown chapter?

The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Hospitals industry in Mexico.

Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.

Competitive Forces

What's included in the Competitive Forces chapter?

The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Hospitals industry in Mexico. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.

Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.

Companies

What's included in the Companies chapter?

The Companies chapter covers Key Takeaways, Market Share and Companies in the Hospitals industry in Mexico. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.

Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.

External Environment

What's included in the External Environment chapter?

The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Hospitals industry in Mexico. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.

Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.

Financial Benchmarks

What's included in the Financial Benchmarks chapter?

The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Hospitals industry in Mexico. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.

Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.

Industry Data

What's included in the Industry Data chapter?

The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Hospitals industry in Mexico.

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Frequently Asked Questions

What is the estimated market size of the Hospitals industry in Mexico in 2024?

The market size of the Hospitals industry in Mexico is $67.9bn in 2024.

How many businesses are there in the Hospitals in Mexico industry in 2024?

There are 2,224 businesses in the Hospitals industry in Mexico, which has declined at a CAGR of 2.9% between 2019 and 2024.

Has the Hospitals industry in Mexico grown or declined over the past 5 years?

The market size of the Hospitals industry in Mexico has been at a CAGR of -0.3% between 2019 and 2024.

What is the forecast growth of the Hospitals industry in Mexico over the next 5 years?

The Hospitals in Mexico market is forecast to over the five years from 2024 to 2029

What are the biggest companies in the Hospitals industry in Mexico?

The biggest companies operating in the Hospitals market in Mexico are Star Medica Hospitals, Christus Health and Angeles Health International

What does the Hospitals in Mexico include?

Obstetrics and gynecology services and Pediatrics services are part of the Hospitals industry.

Which companies have the highest market share in the Hospitals in Mexico?

The company holding the most market share in Mexico is Star Medica Hospitals.

How many people are/were employed in the Hospitals in Mexico in 2024?

There are 110k employed in the Hospitals industry in Mexico 2024.

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