Key Market Indicators
Colombia's medical technology density is projected to decline to approximately 285 units by 2028, down from 296 units in 2023. This represents an annual decrease of 0.6% in compound annual growth rate (CAGR). Since 2015, Colombia's supply of medical technology has decreased by around 0.8% annually. In 2023, the country ranked 10th in medical technology density, with Belgium surpassing it by reaching 296 units. Leading the global rankings in medical technology density, Russia, Italy, and South Korea secured the second, third, and fourth positions, respectively, in 2023.
