Colombia Disposable Surgical Devices Market Size & Outlook
Colombia disposable surgical devices market, 2018-2030 (US$M)
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Colombia disposable surgical devices market highlights
- The Colombia disposable surgical devices market generated a revenue of USD 59.7 million in 2023 and is expected to reach USD 103.8 million by 2030.
- The Colombia market is expected to grow at a CAGR of 8.2% from 2024 to 2030.
- In terms of segment, surgical sutures & staplers was the largest revenue generating product in 2023.
- Electrosurgical Devices is the most lucrative product segment registering the fastest growth during the forecast period.
Disposable surgical devices market data book summary
| Market revenue in 2023 | USD 59.7 million |
| Market revenue in 2030 | USD 103.8 million |
| Growth rate | 8.2% (CAGR from 2023 to 2030) |
| Largest segment | Surgical sutures & staplers |
| Fastest growing segment | Electrosurgical Devices |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Surgical Sutures & Staplers, Handheld Surgical Devices, Electrosurgical Devices |
| Key market players worldwide | B. Braun Medical, B. Braun, Smith & Nephew PLC, Aspen Pharmacare Holdings Ltd, Alcon Inc, Zimmer Biomet Holdings Inc, Medtronic PLC, Becton Dickinson & Co, Johnson & Johnson, The Cooper Companies Inc |
Other key industry trends
- In terms of revenue, Colombia accounted for 1.0% of the global disposable surgical devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil disposable surgical devices 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 199.2 million by 2030.
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Disposable Surgical Devices Market Scope
Disposable Surgical Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Colombia disposable surgical devices 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 disposable surgical devices market will help companies and investors design strategic landscapes.
Surgical sutures & staplers was the largest segment with a revenue share of 45.56% in 2023. Horizon Databook has segmented the Colombia disposable surgical devices market based on surgical sutures & staplers, handheld surgical devices, electrosurgical devices covering the revenue growth of each sub-segment from 2018 to 2030.
Colombia has a high-tech surgical care infrastructure and workforce. Moreover, surgical services are provided at a lower cost compared to North American countries. Thus, medical tourism is observed to a lucrative industry in Colombia.
Each year many people travel from North America to Colombia for cosmetic procedures, especially due to the geographical proximity and low surgery cost. The cost of cosmetic procedures is approximately 50%-60% cheaper in Colombia compared to the U.S.
The penetration index of disposable surgical devices is higher in minimally invasive cosmetic plastic surgeries. Thereby, the increasing plastic/cosmetic procedural volumes are anticipated to drive the market growth over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Colombia disposable surgical devices market , including forecasts for subscribers. This country databook contains high-level insights into Colombia disposable surgical devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Colombia disposable surgical devices market size, by product, 2018-2030 (US$M)
Colombia Disposable Surgical Devices Market Outlook Share, 2023 & 2030 (US$M)
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