Market Research Logo

Colombia Medical Devices Report Q2 2016

Colombia Medical Devices Report Q2 2016

BMI View: The market will record lower growth over the forecast period. Subdued economic accelerationahead and depreciatory pressures on the peso will constrain market growth. Imports will be slower in thisdecade than in the last, while exports will remain low despite peso plunge. Market competition andconsolidation will intensify, keeping prices lower.Latest Updates And Key Forecasts

The market will register a 2015-2020 CAGR of 8.6% in local currency terms and 9.5% in US dollarterms, reaching COP4.3trn (USD1.6bn). The subdued economic outlook will slow down medical deviceconsumption in local currency terms over the forecast period.

Import growth in US dollar terms will be volatile due to exchange rate movements and much slower overthis decade than in the last. Imports fell by 4.5% to USD0.3bn in the three months to July 2015, whilethey rose by 6.6% USD1.1bn in the 12 months to July 2015. Comparatively, imports increased by 14.0%to USD1.1bn in 2014, and registered a 2009-2014 CAGR of 14.4%.

Exports will remain low over the forecast period despise peso depreciation, due a relatively strongproduction targeting the internal market. In US dollar terms, exports fell by 4.7% to USD17.8mn in thethree months to July 2015, while they rose by 2.6% to USD70.0mn in the 12 months to July 2015.Comparatively, exports rose by 2.0% to USD71.6mn in 2014, but recorded a 2009-2014 CAGR of -5.0%.

Leading multinationals will continue to consolidate their market presence. BSN Medical announced ajoint venture with Ortopédicos Futuro in December 2015, GE Healthcare signed a definitive agreement toacquire General Medica de Colombia in February 2015, and Smith & Nephew announced the acquisitionof EuroCiencia Colombia in March 2015.


BMI Industry View
Table: Projected Medical Device Market, 2015-2020
Latest Updates And Key Forecasts
SWOT
Medical Device Market
Industry Forecast
Medical Device Market Forecast
Latest Updates
Structural Trends
Table: Detailed Medical Device Market By Product Area, 2010-2020 (USDmn)
Consumables Market Forecast
Latest Updates
Structural Trends
Bandages & Dressings
Suturing Materials
Syringes, Needles & Catheters
Other Consumables
Table: Consumables Market, 2010-2020 (USDmn)
Table: Consumables Market, 2011-2020 (USDmn % Change)
Diagnostic Imaging Market Forecast
Latest Updates
Structural Trends
Electrodiagnostic Apparatus
Radiation Apparatus
Imaging Parts & Accessories
Table: Diagnostic Imaging Market, 2010-2020 (USDmn)
Table: Diagnostic Imaging Market, 2011-2020 (USDmn % Change)
Dental Products Market Forecast
Latest Updates
Structural Trends
Capital Equipment
Instruments & Supplies
Table: Dental Products Market, 2010-2020 (USDmn)
Table: Dental Products Market, 2011-2020 (USDmn % Change)
Orthopaedics & Prosthetics Market Forecast
Latest Updates
Structural Trends
Fixation Devices
Artificial Joints
Other Artificial Body Parts
Table: Orthopaedics & Prosthetics Market, 2010-2020 (USDmn)
Table: Orthopaedics & Prosthetics Market, 2011-2020 (USDmn, % Change)
Patient Aids Market Forecast
Latest Updates
Structural Trends
Portable Aids
Therapeutic Appliances
Table: Patient Aids Market, 2010-2020 (USDmn)
Table: Patient Aids Market, 2011-2020 (USDmn % Change)
Other Medical Devices Market Forecast
Latest Updates
Structural Trends
Table: Other Medical Devices Market, 2010-2020 (USDmn)
Table: Other Medical Devices Market, 2011-2020 (USDmn % Change)
Annual Medical Device Imports
Table: Medical Device Imports By Product Area, 2010-2014 (USD000s)
Table: Medical Device Imports By Product Area, 2010-2014 (Local Currency 000s)
Table: Top 20 Medical Device Suppliers, 2014 (USD000s)
Table: Detailed Medical Device Imports By Product Area, 2010-2014 (USD000s)
Table: Detailed Medical Device Import Trends By Product Area, 2014
Table: Detailed Leading Medical Device Suppliers By Product Area, 2014 (USD000s)
Monthly Medical Device Imports
Table: Monthly Medical Device Imports By Product Area, Year Ending July 2015 (USDmn)
Annual Medical Device Exports
Table: Medical Device Exports By Product Area, 2010-2014 (USD000s)
Table: Medical Device Exports By Product Area, 2010-2014 (Local Currency 000s)
Table: Top 20 Medical Device Destinations, 2014 (USD000s)
Table: Detailed Medical Device Exports By Product Area, 2010-2014 (USD000s)
Table: Detailed Medical Device Export Trends By Product Area, 2014
Table: Detailed Leading Medical Device Destinations By Product Area, 2014 (USD000s)
Table: Detailed Medical Device Trade Balance, 2010-2014 (USD000s)
Monthly Medical Device Exports
Table: Monthly Medical Device Exports By Product Area, Year Ending July 2015 (USDmn)
Industry Risk/Reward Index
Table: Americas Medical Device Risk/Reward Index, Q216
Market Overview
Medical Device Market Overview
Table: Medical Device Market, Key Ratios, 2015
Table: Medical Device Market By Product Area, 2015
Healthcare Overview
Health Status
Healthcare System
Healthcare Funding
Healthcare Resources
Healthcare Activity
Healthcare Personnel
Key Healthcare Data
Table: Key Healthcare Data, 2010-2015
Industry Trends And Developments
Industry Trends & Developments
Table: Leading Medical Device Suppliers, 2010-July 2015 (USDmn)
Table: Leading Medical Device Destinations, 2010-July 2015 (USDmn)
Regulatory Development
Medical Device Regulations
Competent Authority
Regulations
Fees
Table: Medical Device Registration Fees, 2014
Market Vigilance
Medical Device Pricing & Reimbursement
Pricing
Health Technology Assessment
Competitive Landscape
Domestic Medical Device Production
Table: Medical Device Production By Product Area, 2008-2013 (COPmn)
Table: Medical Device Production By Product Area, 2008-2013 (USDmn)
Domestic Medical Device Manufacturing
Table: Medical Device Producers, 2006-2010
Table: Medical Device Producers By Size And Type, 2010
Table: Medical Device Producers By Department, 2010
Table: Establishments Certified For Medical Device Production, August 31 2014
National Medical Device Manufacturers
Ranking
Table: National Medical Device Manufacturers' Ranking By Sales, 2009-2013 (COPmn)
Selected Manufacturers
Multinational Medical Device Manufacturers
Multinational Market Activity
Ranking
Table: Multinational Medical Device Companies' Ranking By Sales, 2009-2013 (COPmn)
Market Activity
Table: Multinational Market Activity, 2016
Medical Device Market Access
Market Environment
Distribution
Trade Associations
Trade Shows
Trade Agreements
Methodology
Forecast Methodology
Trade Code Classifications
Table: Rearranged HS Trade Codes
Risk/Reward Index Methodology
Table: Medical Devices Risk/Reward Index Indicators
Sources
Contact

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report