Why This is Important to Wisconsin: The gap may provide opportunities to Wisconsin companies that make such equipment.
Chiropractors in Mexico have few options for purchasing equipment—especially from domestic manufacturers.
While Mexico is the seventh-largest global manufacturer of medical devices, according to the Prodensa business consultant group, equipment aimed at the chiropractic market is hard to find. Many clinics and chiropractors buy directly from manufacturers outside Mexico; others use online marketplaces such as Mercado Libre, Amazon, and eBay.
The global market for chiropractic care was estimated at $38.3 billion in 2022 and is projected to reach $50.9 billion by 2030, according to a 2023 ReportLinker article on Yahoo!Finance.
In Mexico, chiropractic care is generally limited to the country’s nearly 3,000 private health clinics. According to the Wilson Center nonpartisan think tank, only about 2.3% of Mexicans have access to those clinics. However, Wisconsin manufacturers of chiropractic equipment may find opportunities in Mexico.