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 reached USD 297.1 million in 2025 and is forecast to climb to USD 389 million in 2030, advancing at a 5.54% CAGR through the period. 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 62.23% of Mexico nuclear imaging market share in 2024 and are projected to expand at a 5.89% CAGR to 2030.
  • By application, SPECT captured 70.34% revenue share in 2024, while PET is advancing at a 6.00% CAGR through 2030 on expanding oncology indications.
  • By end user, hospitals commanded 53.82% of the Mexico nuclear imaging market size in 2024, whereas diagnostic centers are forecast to grow at 6.11% CAGR between 2025 and 2030.

Segment Analysis

By Product: Radioisotopes Sustain a Consumables-Heavy Profile

Radioisotopes commanded 62.23% of the Mexico nuclear imaging market share in 2024. The Mexico nuclear imaging market size for radioisotopes is projected to rise at a 5.9% CAGR to 2030 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[3]Curium Pharma, “Curium Completes Acquisition of Monrol,” curiumpharma.com. 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 37.77% of 2024 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
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By Application: SPECT Retains Scale, PET Gains Momentum

SPECT held 70.34% of 2024 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 2030 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 53.82% of 2024 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 6.11% CAGR through 2030 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
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Note: Segment shares of all individual segments available upon report purchase

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%.

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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Recent Industry Developments

  • March 2025: Curium Pharma completed acquisition of Monrol to significantly expand Lutetium-177 capacity and PET footprint, positioning the company as a leading manufacturer of Lu-177 isotopes crucial for targeted radionuclide therapy.
  • February 2025: Instituto Mexicano del Seguro Social announced plans to inaugurate 9 hospitals and 6 Family Medicine Units across 12 Mexican states in 2025, including the Hospital General de Zona in Tuxtla Gutiérrez.
  • January 2025: IMSS-Bienestar initiated hybrid SPECT/CT installations at five regional hospitals to close diagnostic gaps in underserved cities.

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

Mexico Nuclear Imaging Market Report Scope

Nuclear medicine imaging procedures are non-invasive, with the exception of intravenous injections, and are usually painless medical tests that help physicians diagnose and evaluate medical conditions. These imaging scans use radioactive materials called radiopharmaceuticals or radiotracers. These radiopharmaceuticals are used in diagnosis and therapeutics.

Mexico's nuclear imaging market is segmented by product and application. Based on the product the market is segmented as equipment and diagnostic radioisotope. Based on application the market is segmented as SPECT application and PET application. The report offers the value (in USD) for the above segments.

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
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

Key Questions Answered in the Report

How large is the Mexico nuclear imaging market in 2025?

The Mexico nuclear imaging market size stands at USD 297.1 million in 2025.

What is the projected CAGR through 2030?

The market is forecast to grow at a 5.54% CAGR between 2025 and 2030.

Which product type holds the biggest share?

Radioisotopes contribute the largest slice, at 62.23% of 2024 revenue.

Why are diagnostics centers expanding quickly?

Outpatient chains offer shorter wait times and lower fees, supporting a 6.11% CAGR to 2030.

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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