Colombia Medical Device Regulatory Affairs Market Size & Outlook
Colombia medical device regulatory affairs market, 2018-2030 (US$M)
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Colombia medical device regulatory affairs market highlights
- The Colombia medical device regulatory affairs market generated a revenue of USD 25.7 million in 2024 and is expected to reach USD 44.2 million by 2030.
- The Colombia market is expected to grow at a CAGR of 9.5% from 2025 to 2030.
- In terms of segment, outsource was the largest revenue generating service provider in 2024.
- Outsource is the most lucrative service provider segment registering the fastest growth during the forecast period.
Medical device regulatory affairs market data book summary
| Market revenue in 2024 | USD 25.7 million |
| Market revenue in 2030 | USD 44.2 million |
| Growth rate | 9.5% (CAGR from 2025 to 2030) |
| Largest segment | Outsource |
| Fastest growing segment | Outsource |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | In-house, Outsource |
Other key industry trends
- In terms of revenue, Colombia accounted for 0.4% of the global medical device regulatory affairs market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil medical device regulatory affairs market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 67.9 million by 2030.
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Medical Device Regulatory Affairs Market Scope
Medical Device Regulatory Affairs Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Colombia medical device regulatory affairs 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 medical device regulatory affairs market will help companies and investors design strategic landscapes.
Outsource was the largest segment with a revenue share of 65.76% in 2024. Horizon Databook has segmented the Colombia medical device regulatory affairs market based on in-house, outsource covering the revenue growth of each sub-segment from 2018 to 2030.
A significant number of people in Colombia are suffering from chronic and infectious diseases. For instance, in 2020, the IARC stated that the prevalence of cancer was 29,3524 in the country. Similarly, according to NHS, parasitic diseases are the most common diseases in the country.
The country has a high burden of malaria, with over 9.4 cases per 100,000 people being recorded in 2020. The high burden of diseases in the country is promoting the demand for new medical devices, thus creating opportunities for regulatory affairs service providers and boosting the demand in the country.
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Target buyers of Colombia medical device regulatory affairs market databook
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Our clientele includes a mix of medical device regulatory affairs market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Colombia medical device regulatory affairs market , including forecasts for subscribers. This country databook contains high-level insights into Colombia medical device regulatory affairs market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Colombia medical device regulatory affairs market size, by service provider, 2018-2030 (US$M)
Colombia Medical Device Regulatory Affairs Market Outlook Share, 2024 & 2030 (US$M)
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