Colombia’s medical device and equipment market: Stagnating

The Colombia healthcare market has been stagnating from 2014 thru 2016. The market remains at a steady 1.1 million units sold across all major classes of equipment, devices and consumables.

Meanwhile, the market’s value experienced a 13% year-over-year drop, going from $1.1 billion in 2014 to $0.9 billion in 2016, revealing the extent of the economic downturn and the pressure put on importers and distributors to sacrifice margins and lower pricing.

A rising demand for miscellaneous supplies such as gas masks and gas meters were able to keep the market afloat, but no conventional modality experienced legitimate success.

Download the complete report for more information.

Mariana Romero
Mariana is a Senior Account Manager for Global Health Intelligence and has been a key component of the company since day one. As part of her functions, Mariana assesses clients’ market intelligence solutions and methodologies that will drive ROI decisions. Mariana also oversees primary and secondary research efforts, with a principal focus on capital equipment, medical devices, procedure and epidemiological trends, market activity, hospital data and competitive analysis across emerging markets. Additionally, Mariana leads GHI’s marketing, communication and PR activities.
Recommended Posts

Leave a Comment

Want to stay informed on major healthcare news in Latin America?

Subscribe to GHI Newsletter

Contact Us

Please feel free to contact us at any time. Send us an email and we'll get back to you, asap.

Not readable? Change text.