With a population set to reach 50 million by 2015, Colombia is currently the third largest country in Latin America, behind Brazil and Mexico. The capital, Santa Fe de Bogotá, has a population of around 7 million.

Colombia had a reputation for political instability and lawlessness in more remote areas. However since President Juan Manuel Santos came to power in 2010, he has marginalised the Farc guerrillas and improved relations with Venezuela and Ecuador, Colombia's geographical neighbours. Foreign investors are being attracted by its natural resources and more stable political environment. Drug trafficking problems have improved since the 1980s. Colombia does remain one of South America?s poorer countries though, having more in common with its Andean and Central American neighbours than the more developed Mercosur economies.

Colombia's GDP shrank from US$245 billion in 2008 to US$236 billion in 2009. The decline was experienced because of budget tightening and inflation in Colombia and global economic problems. GDP recovered during 2010 and should reach US$334.0 billion in 2011.

Colombia announced an Emergency Social Plan in 2010, to tackle corruption and find new sources of income for the public healthcare sector. Ten decrees were signed with a view to protecting the aim of providing health coverage for all.

Colombia has universal health insurance as a goal and currently has around 80% of the population covered. Allowing insurers to compete for clients creates competition between insurers and healthcare providers. In 2008, the country stated it would invest over US$16.5 billion up to 2010 to fund this scheme with a view to improving health indicators in maternal and child health and priority transmissible diseases.

The country's healthcare infrastructure is adequate in the larger urban areas, but in need of modernisation. The healthcare system is complex, and coverage is not yet universal. Funding is generally very low; expenditure on medical equipment is just over US$18 per person in 2011.

The medical device market is heavily reliant on imports, especially in the more high tech sectors. There is some domestic capacity for more basic items. A few multinationals manufacture in the country. The medical device industry is concentrated around the capital Bogotá. Within the capital a free trade zone has encouraged international companies to the market.

Colombia's planned Free Trade Agreement with the US was put on hold indefinitely in 2008. President Bush pushed for a fast track decision on the agreement in April, bypassing the normal voting timetable. Congress, as a consequence, voted against this and to delay the decision.

Includes 3 quarterly updated outlook reports!

EXECUTIVE SUMMARY
- Introduction
- Medical Market Analysis
- Overview
- The Market in 2011
- Past Performance 2006-10
- Future Performance 2011-16
- The Colombian Market For Consumables
- The Colombian Market For Diagnostic Imaging Apparatus
- The Colombian Market For Dental Products
- The Colombian Market For Orthopaedic & Prosthetic Devices
- The Colombian Market For Patient Aids
- Imports
- Consumables
- Diagnostic Imaging
- Dental
- Orthopaedic & Prosthetic Products
- Patient Aids
- Others
- Domestic Manufacturing
- Domestic Production
- Local Manufacturers
- Multinationals
- Baxter
- Beiersdorf
- B.Braun Medical
- 3M
- Bayer
- Exports
- Consumables
- Diagnostic Imaging
- Dental Products
- Orthopaedic & Prosthetic Products
- Patient Aids
- Others
- Accessing the Market
- Distribution
- Medical Device Regulations
- Trade Fairs
- Healthcare Analysis
- Demographics
- Population
- Birth Rate
- Death Rate
- Infant Mortality
- Life Expectancy at Birth
- Public Health
- Causes of death
- Incidence of Communicable Disease
- Incidence of Non-communicable disease
- Tuberculosis
- HIV/AIDS
- Healthcare System
- Universal Health Insurance
- Financial problems
- Emergency Social Plan
- Inter-American Development Bank social security projects
- Health Expenditure
- Health Expenditure Projections
- Healthcare Infrastructure
- Inpatient Analysis
- Inter-American Development Bank hospital programme
- Healthcare Personnel
- Physician Projections
DIRECTORY
- Healthcare Organisations
- Professional Bodies/Trade Associations
- Trade Code Classifications
- Methodology
- Sources
List of Tables
- Summary of Key Data Projections, 2011-16
- Colombian Medical Device Market, Key Ratios, 2011
- Espicom Analysis of the Colombian Medical Market, 2011
- SWOT Analysis of the Colombian Medical Device Market
- Projected Medical Device Market, 2011-2016
- The Colombian Medical Device Market, 2006-16 (US$ millions)
- The Colombian Medical Device Market, 2006-16 (US$ per capita)
- The Colombian Medical Device Market, 2006-16 (% of Total)
- The Colombian Medical Device Market, 2006-16 (% Change)
- The Colombian Consumables Market, 2006-16 (US$ millions)
- The Colombian Diagnostic Imaging Market, 2006-16 (US$ millions)
- The Colombian Dental Products Market, 2006-16 (US$ millions)
- The Colombian Orthopaedic & Prosthetic Devices Market, 2006-16 (US$ millions)
- The Colombian Patient Aids Market, 2006-16 (US$ millions)
- Medical Equipment Imports by Product Area, 2005-09 (US$000s)
- Medical Equipment Imports by Product Area, 2005-09 (%)
- Change in Medical Equipment Imports by Product Area, 2005-2009 (%)
- Leading Medical Equipment Suppliers by Product Area, 2009 (US$000s)
- Leading Medical Equipment Suppliers by Product Area, 2009 (%)
- Top 20 Suppliers to the Colombian Market, 2009 (US$000s)
- Imports of Medical Equipment, 2005-09 (US$000s)
- Medical Equipment Import Trends, 2009
- Leading Suppliers, 2009
- Leading Suppliers by Category, 2009
- Medical Equipment Exports by Product Area, 2005-09 (US$000s)
- Medical Equipment Exports by Product Area, 2005-09 (%)
- Change in Medical Equipment Exports by Product Area, 2006-09 (%)
- Leading Medical Equipment Destinations by Product Area, 2009 (US$000s)
- Leading Medical Equipment Destinations by Product Area, 2009 (%)
- Exports of Medical Equipment, 2005-09 (US$000s)
- Medical Equipment Export Trends
- Leading Destinations, 2009
- Balance of Medical Trade, 2005-09 (US$000s)
- Summary Demographic Data
- Projected Population, 2011-2016
- Bodies within the Healthcare Sector, February 2010
- Entities within the Ministry of Social Protection, 2004
- Healthcare Expenditure, 2009
- Projected Health Expenditure, 2011-16
- Hospitals and Beds, 2004
- Hospital Bed Projections, 2011-2016
- Projected Number of Physicians, 2011-16 (000s)
- HS Trade Codes Used in This Report
- HS Trade Codes, Rearranged
List of Figures
- Colombian Medical Device Market by Category, 2011 (%)
- Change in the Colombian Medical Device Market, 2006-2010 (%)
- CAGR of the Colombian Medical Device Market by Product Area, 2006-2010 (%)
- Market Projections, 2011-16 (US$ millions)
- The Colombian Market For Consumables, 2006-16 (US$ millions)
- The Colombian Market For Consumables, 2006-16 (CAGR)
- The Colombian Market For Diagnostic Imaging Apparatus, 2006-16 (US$ millions)
- The Colombian Market For Diagnostic Imaging Apparatus, 2006-16 (CAGR)
- The Colombian Market For Dental Products, 2006-16 (US$ millions)
- The Colombian Market For Dental Products, 2006-16 (CAGR)
- The Colombian Market For Orthopaedic & Prosthetic Products, 2006-16 (US$ millions)
- The Colombian Market For Orthopaedic & Prosthetic Products, 2006-16 (CAGR)
- The Colombian Market For Patient Aids, 2006-16 (US$ millions)
- The Colombian Market For Patient Aids, 2006-16 (CAGR)
- Medical Equipment Imports, 1993-2009 (US$ 000s)
- Change in Medical Equipment Imports, 1994-2009 (%)
- Medical Equipment Imports by Product Area, 2009 (%)
- Medical Imports by Product Area, 2005-2009 (% of Total)
- CAGR of Medical Imports by Product Area, 2005-09 (%)
- Leading Medical Equipment Suppliers, 2009 (%)
- Medical Equipment Exports, 1993-2009 (US$ millions)
- Change in Medical Equipment Exports, 1994-2009 (%)
- Medical Equipment Exports by Product Area, 2009 (%)
- Medical Exports by Product Area, 2005-09 (% of Total)
- CAGR of Medical Exports by Product Area, 2005-09 (%)
- Leading Medical Equipment Destinations, 2009 (%)
- Population by Health Insurance Coverage, 2007 (%)

Pharmaceutical Market Research

The Medical Device Market: Colombia

The Medical Device Market: Colombia

Includes 3 quarterly updated outlook reports!

Contents

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