Colombia Dermatology Devices Market Size & Outlook

The dermatology devices market in Colombia is expected to reach a projected revenue of US$ 207.9 million by 2030. A compound annual growth rate of 9.7% is expected of Colombia dermatology devices market from 2024 to 2030.

Revenue, 2023 (US$M)
$108.6
Forecast, 2030 (US$M)
$207.9
CAGR, 2024 - 2030
9.7%
Report Coverage
Colombia

Colombia dermatology devices market, 2018-2030 (US$M)

Colombia

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Colombia dermatology devices market highlights

  • The Colombia dermatology devices market generated a revenue of USD 108.6 million in 2023 and is expected to reach USD 207.9 million by 2030.
  • The Colombia market is expected to grow at a CAGR of 9.7% from 2024 to 2030.
  • In terms of segment, treatment devices was the largest revenue generating product in 2023.
  • Treatment devices is the most lucrative product segment registering the fastest growth during the forecast period.


Dermatology devices market data book summary

Market revenue in 2023USD 108.6 million
Market revenue in 2030USD 207.9 million
Growth rate9.7% (CAGR from 2023 to 2030)
Largest segmentTreatment devices
Fastest growing segmentTreatment devices
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDiagnostic devices, Treatment devices
Key market players worldwideFosun International Ltd, Bausch Health Companies Inc, Cutera Inc, Ambicare Health


Other key industry trends

  • In terms of revenue, Colombia accounted for 0.7% of the global dermatology 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 dermatology 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 575.3 million by 2030.

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Dermatology Devices Market Companies

Name Profile # Employees HQ Website

Colombia dermatology 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 dermatology devices market will help companies and investors design strategic landscapes.


Treatment devices was the largest segment with a revenue share of 79.93% in 2023. Horizon Databook has segmented the Colombia dermatology devices market based on diagnostic devices, treatment devices covering the revenue growth of each sub-segment from 2018 to 2030.


Colombia has the fourth largest dermatology devices industry in Latin America, becoming a major target for international brands. Bogota is a hub for dermatology services in Colombia. Key market drivers include increasing prevalence of skin conditions among people, growing international investments in aesthetics market, increasing baby boomer population, and high awareness & adoption of dermatology procedures among individuals.

There are around 567 registered dermatologists in the Colombian Association of Dermatology and Dermatological Surgery. The country also has a high prevalence of chronic skin conditions such as psoriasis and estimated burden of 43.6 DALY (Disability-Adjusted Life-Years) per 100,000 people.

The skin conditions also account for 3% of dermatology consultations. Colombia’s healthcare system is one of the most efficient systems; it ranked 22nd out of 150 countries in 2019, covering more than 95% of its population.

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  • Our clientele includes a mix of dermatology devices market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the Colombia dermatology devices market , including forecasts for subscribers. This country databook contains high-level insights into Colombia dermatology devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Colombia dermatology devices market size, by product, 2018-2030 (US$M)

Colombia Dermatology Devices Market Outlook Share, 2023 & 2030 (US$M)

Colombia dermatology devices market size, by product, 2018-2030 (US$M)

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