Colombia - Instruments Used In Medical Sciences - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMedical Instruments Price in Colombia - 2022
Contents:
- Medical Instruments Price in Colombia (CIF) - 2022
- Medical Instruments Price in Colombia (FOB) - 2022
- Medical Instruments Imports in Colombia
- Medical Instruments Exports in Colombia
Medical Instruments Price in Colombia (CIF) - 2022
In 2022, the average medical instruments import price amounted to $40,514 per ton, declining by -3.5% against the previous year. In general, the import price showed a noticeable curtailment. The most prominent rate of growth was recorded in 2014 an increase of 12% against the previous year. As a result, import price reached the peak level of $52,541 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($125,667 per ton), while the price for the Philippines ($5,864 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Medical Instruments Price in Colombia (FOB) - 2022
The average medical instruments export price stood at $23,495 per ton in 2022, standing approx. at the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 6.7% against the previous year. The export price peaked at $24,572 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($44,922 per ton), while the average price for exports to Cuba ($8,693 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.
Medical Instruments Imports in Colombia
In 2022, medical instruments imports into Colombia contracted to 5.4K tons, falling by -3.9% compared with the previous year. The total import volume increased at an average annual rate of +1.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 8.5%. As a result, imports attained the peak of 5.7K tons, and then dropped in the following year.
In value terms, medical instruments imports shrank to $221M in 2022. The total import value increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. As a result, imports attained the peak of $238M, and then contracted in the following year.
Import of Medical Instruments in Colombia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 60.8 | 48.4 | 58.5 | 53.3 | -4.3% |
China | 24.0 | 42.5 | 45.0 | 41.0 | 19.5% |
Germany | 26.2 | 25.8 | 29.8 | 27.1 | 1.1% |
Mexico | 17.4 | 14.1 | 16.6 | 15.1 | -4.6% |
Italy | 5.0 | 6.2 | 10.3 | 9.4 | 23.4% |
Brazil | 5.7 | 4.4 | 4.6 | 4.4 | -8.3% |
Taiwan (Chinese) | 2.6 | 3.2 | 4.7 | 4.3 | 18.3% |
Dominican Republic | 4.3 | 4.0 | 3.4 | 3.5 | -6.6% |
Hungary | 2.0 | 2.6 | 3.0 | 2.7 | 10.5% |
Malaysia | 1.8 | 2.0 | 2.8 | 2.6 | 13.0% |
Vietnam | 1.0 | 1.3 | 1.3 | 1.2 | 6.3% |
Philippines | 0.6 | 0.6 | 0.9 | 0.8 | 10.1% |
Others | 51.9 | 48.2 | 57.0 | 55.2 | 2.1% |
Total | 203 | 203 | 238 | 221 | 2.9% |
Top Suppliers of Medical Instruments to Colombia in 2022:
- China (1651.8 tons)
- United States (948.8 tons)
- Italy (638.5 tons)
- Mexico (259.8 tons)
- Malaysia (221.1 tons)
- Germany (215.8 tons)
- Brazil (169.5 tons)
- Philippines (134.3 tons)
- Dominican Republic (112.0 tons)
- Taiwan (Chinese) (107.2 tons)
- Vietnam (101.0 tons)
- Hungary (91.9 tons)
Medical Instruments Exports in Colombia
After two years of decline, overseas shipments of instruments used in medical sciences increased by 4.6% to 692 tons in 2022. Overall, exports, however, recorded a noticeable contraction.
In value terms, medical instruments exports stood at $16M in 2022. Over the period under review, exports, however, continue to indicate a noticeable downturn.
Export of Medical Instruments in Colombia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 7.2 | 5.8 | 4.6 | 5.2 | -10.3% |
Chile | 3.2 | 2.8 | 2.0 | 2.4 | -9.1% |
Ecuador | 2.4 | 1.8 | 2.1 | 2.0 | -5.9% |
Panama | 1.2 | 2.0 | 1.6 | 1.6 | 10.1% |
Peru | 1.4 | 1.3 | 1.3 | 1.2 | -5.0% |
Dominican Republic | 0.2 | 0.2 | 0.4 | 0.4 | 26.0% |
Cuba | 0.4 | 0.1 | 0.2 | 0.2 | -20.6% |
Others | 2.0 | 2.7 | 3.5 | 3.3 | 18.2% |
Total | 18.0 | 16.8 | 15.7 | 16.3 | -3.3% |
Top Export Markets for Medical Instruments from Colombia in 2022:
- Brazil (364.5 tons)
- Chile (104.3 tons)
- Ecuador (68.8 tons)
- Peru (39.4 tons)
- Panama (34.8 tons)
- Cuba (22.2 tons)
- Dominican Republic (16.6 tons)
This report provides an in-depth analysis of the medical instruments market in Colombia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32501333 - Instruments and apparatus for measuring blood-pressure (including sphygmomanometers, tensiometers, oscillometers)
- Prodcom 32501335 - Endoscopes for medical purposes
- Prodcom 32501353 - Renal dialysis equipment
- Prodcom 32501355 - Diathermic apparatus (including ultrasonic)
- Prodcom 32501363 - Transfusion apparatus (excluding special blood storage glass bottles)
- Prodcom 32501365 - Anaesthetic apparatus and instruments
- Prodcom 32501370 - Instruments and appliances used in medical, surgical or veterinary sciences, n.e.s.
Country coverage:
- Colombia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Colombia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the medical instruments market in Colombia.
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This report provides an in-depth analysis of the blood-pressure measuring instruments market in Colombia.
This report provides an in-depth analysis of the transfusion apparatus market in Colombia.
This report provides an in-depth analysis of the renal dialysis equipment market in Colombia.
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