Colombia Medical Device Industry Outlook 2024 - 2028

See how Colombia Medical Device performed compared to key markets such as the United States, Russia and Italy.

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.

Colombia Medical Device Market Data and Forecasts

How much will Colombia Medical Device Market grow to 2028?

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