Serving with quality since 1977

Large Presence at Major Conferences

  • Exhibitors at Colombian Congress of Radiology. Cartagena, Colombia.
  • Exhibitors at National Meeting of Health Services Directors. Cartagena, Colombia.
  • Exhibitors at Bogotá Radiology Symposium. Bogotá, Colombia.
  • Exhibitors at Antioquia Seminar of Radiology. Medellín, Colombia.
  • Attendees at RSNA annual meeting. Chicago, USA.
  • Attendees at Hospitalar. Sao Paulo, Brazil.
  • Attendees at Meditech. Bogotá, Colombia.

Colombia: strong medicines and medical device markets poised for growth

  • The population of Colombia is just over 50 million people
  • The Colombian medical devices market relies heavily on imports, which made up about 82% of the market in 2018 with sales of $281 million USD.
  • Since the implementation of the U.S.-Colombia Trade Promotion Agreement (TPA) with the United States in 2012, 96% of U.S. medical equipment exports to Colombia receive duty-free treatment. 
  • According to Business Monitor International, the medical device market will record a Compound Annual Growth Rate (CAGR. ) of 8.7% in U.S. dollars from 2018-2023, up from a CAGR of 7.3% in 2015-2020
  • Colombia has the most extensive health insurance system and medical financial protection in Latin America, covering 96% of its population.

For futher information, please contact:

Álvaro Lara Hoyos

General Manager

alvaro@sistemasmedicos.com.co

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