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This TforG Healthcare Market review report for Colombia includes numerical and written analysis on the socioeconomic and macroeconomic context and outlook, the healthcare system, and the latest healthcare reforms. Moreover, an extensive chapter is dedicated to the markets for capital equipment, medical devices, disposables and pharmaceuticals.

The report helps businesses gain a unique insight into the socio-economic dynamics, and helps analyze how they affect healthcare systems and their evolution. It can serve as a valuable tool with actionable guidance for sales, marketing, R&D and business managers with industry related interests.

Four chapters cover the numerical and written analysis for the following topics: Economic Outlook (38 Key industry indicators), The Healthcare System (HC system structures), Reforms (restructuring, re-engineering or austerity efforts) and the Healthcare Market (Capital Equipment, Medical Devices, Disposables and Pharmaceuticals).

Economic Outlook:
- The latest data show that the Colombian economy is growing at a rate of 4.2 percent (nominal growth).
- Unemployment is high but decreasing. For 2015, analysts expect this figure to decrease to about 9.5 percent.
- The inflation rate in 2014 was around 3 percent coming from 2.2 percent in 2013 and it is expected to remain stable at about 3.2 percent in 2015.
- The government budget balance for 2015 is at about – 0.75 percent of the GDP, which is higher than Chile and Peru, but better than the rate of – 1 percent reported in 2013.

The Healthcare System:
- Colombian healthcare expenditures represent around 7.6 percent of the GDP and about 76 percent stems from public funds.
- Colombia provides a universal medical system known as the “General System of Social Security in Health” or “Sistema General de Seguridad Social en Salud (SGSSS)” which covers about 97 percent of the population.
- The number of physicians (1.7/1000 inhabitants) and the number of acute hospital beds (1.10/1000 inhabitants) is on the low side in comparison to Brazil and Chile.
- There are 976 acute hospitals, 508 public and 432 private hospitals (for-profit), with in total 52717 acute beds.

Reforms:
- Local EPS’s will remain in an administrative capacity, but a new entity known as “Mi-Salud” will manage the finances for CR care providers.
- Expansion of the national pharmaceutical formulary.
- Expansion in treatment coverage.
- A shift in focus from a curative to a preventive care model.

The Markets:
- Most of the large import purchases stem from private sector demand and this market is considered to be more stable and better funded than the public sector. Reforms from 2012-13 have been aimed at improving the financial situation in the public sector and the results are already evident.
-In order for a medical device to enter the Colombian market, it must first be registered at the “Instituto Nacional de Vigilancia de Medicamentos y Alimentos (INVIMA)” which regulates products at a national level.
-Factors like economic stability, free trade agreements, increasing demand and the plans for expansion of the healthcare system will make the Colombian healthcare market rich in opportunities, especially in the long term.

Reasons to buy:
– Accurate analysis of trends, opportunities and challenges of the economy and healthcare industry
– Relevant healthcare reforms
– Written and numerical analysis on important healthcare indicators (eg.: acute care data, critical care data, anesthesia data, emergency data, healthcare professionals)
– Regularly updates, at least once year
– Every update published by TforG within 6 months after your purchase will be made available to you
– Global coverage, available for + 40 countries
– Unique insight into the socio-economic dynamics, and analysis of their effect on healthcare systems

Table Of Contents

Review of the Healthcare System and Medical Device Market in Colombia - report
1.0 Executive Summary
2.0 Socioeconomic Outlook
2.1 Economic Context
2.2 Macroeconomics
2.3 Table 1.1 - Macroeconomics
2.4 Outlook
3.0 The Colombian Healthcare System
3.1 Introduction
3.2 Table 2.1 - Healthcare
3.2 National Healthcare System
3.3 Primary Care
3.4 Secondary Care
3.5 Diagram 2.1 - Organization
3.6 Long-term Care
3.7 Secondary Care
3.8 Regional level
3.9 Healthcare Insurance
3.10 Healthcare Financing Mechanisms
3.11 Private versus Public Care
4.0 Healthcare Reforms
4.1 Current Challenges
4.2 Recent Reforms
4.3 Hospital Operations and Priorities
5.0 The Markets
5.1 Market Profile
5.2 Purchasing and Decision Making Processes
5.3 Pharmaceuticals
5.4 Medical Devices
5.5 Medical Disposables
5.6 Opportunities
6.0 Country Overview
6.1 Demographics, Macroeconomics and Healthcare
7.0 National Care Provision Data
7.3 Acute Care Data
7.4 Critical Care
7.5 Anesthesia
7.6 Emergency Data
7.7 Hospital Services Data
7.8 Healthcare Professionals
8.0 The TforG Methodology
8.1 Primary Research
8.2 Secondary Research
8.3 Our Experience


Companies Mentioned
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