Colombia Catheter Market Size & Outlook, 2022-2030
Colombia catheter market, 2018-2030 (US$M)
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Colombia catheter market highlights
- The Colombia catheter market generated a revenue of USD 1,078.8 million in 2022 and is expected to reach USD 1,779.4 million by 2030.
- The Colombia market is expected to grow at a CAGR of 6.5% from 2023 to 2030.
- In terms of segment, specialty catheters was the largest revenue generating product in 2022.
- Specialty Catheters is the most lucrative product segment registering the fastest growth during the forecast period.
Catheter market data book summary
| Market revenue in 2022 | USD 1,078.8 million |
| Market revenue in 2030 | USD 1,779.4 million |
| Growth rate | 6.5% (CAGR from 2022 to 2030) |
| Largest segment | Specialty catheters |
| Fastest growing segment | Specialty Catheters |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cardiovascular Catheters, Urology Catheters, Intravenous Catheters, Neurovascular Catheters, Specialty Catheters |
| Key market players worldwide | Hollister, Medtronic PLC, Boston Scientific Corp, Edwards Lifesciences Corp, Smiths Group PLC, Teleflex Inc, ConvaTec Group PLC, Cure Medical |
Other key industry trends
- In terms of revenue, Colombia accounted for 2.1% of the global catheter market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil catheter market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 2,224.1 million by 2030.
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Catheter Market Scope
Catheter Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Colombia catheter market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to catheter market will help companies and investors design strategic landscapes.
Specialty catheters was the largest segment with a revenue share of 29.22% in 2022. Horizon Databook has segmented the Colombia catheter market based on cardiovascular catheters, urology catheters, intravenous catheters, neurovascular catheters, specialty catheters covering the revenue growth of each sub-segment from 2018 to 2030.
The Colombian medical supplies market including catheters relies heavily on imports from foreign countries. Improvement in healthcare facilities and high prevalence of heart conditions in the country are some factors responsible for market growth.
It has the most robust healthcare insurance and social security systems. However, healthcare infrastructure still needs to improvement for better care delivery. In addition, growth in the country is limited due to low economic development and presence of unemployment.
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Target buyers of Colombia catheter market databook
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Our clientele includes a mix of catheter market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Colombia catheter market , including forecasts for subscribers. This country databook contains high-level insights into Colombia catheter market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Colombia catheter market size, by product, 2018-2030 (US$M)
Colombia Catheter Market Outlook Share, 2022 & 2030 (US$M)
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