Colombia Traumatic Brain Injuries Assessment And Management Devices Market Size & Outlook

The traumatic brain injuries assessment and management devices market in Colombia is expected to reach a projected revenue of US$ 102.4 million by 2030. A compound annual growth rate of 7.4% is expected of Colombia traumatic brain injuries assessment and management devices market from 2023 to 2030.
Revenue, 2022 (US$M)
$57.8
Forecast, 2030 (US$M)
$102.4
CAGR, 2023 - 2030
7.4%
Report Coverage
Colombia

Colombia traumatic brain injuries assessment and management devices market, 2017-2030 (US$M)

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Colombia traumatic brain injuries assessment and management devices market, 2017-2030 (US$M)

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Colombia traumatic brain injuries assessment and management devices market highlights

  • The Colombia traumatic brain injuries assessment and management devices market generated a revenue of USD 57.8 million in 2022 and is expected to reach USD 102.4 million by 2030.
  • The Colombia market is expected to grow at a CAGR of 7.4% from 2023 to 2030.
  • In terms of segment, imaging devices was the largest revenue generating device in 2022.
  • Monitoring Devices is the most lucrative device segment registering the fastest growth during the forecast period.


Traumatic brain injuries assessment and management devices market data book summary

Market revenue in 2022USD 57.8 million
Market revenue in 2030USD 102.4 million
Growth rate7.4% (CAGR from 2022 to 2030)
Largest segmentImaging devices
Fastest growing segmentMonitoring Devices
Historical data2017 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationImaging Devices, Monitoring Devices
Key market players worldwideIntegra LifeSciences, Nihon Kohden Corp, Compumedics-alpha trace, InfraScan, Raumedic AG, Oculogica


Other key industry trends

  • In terms of revenue, Colombia accounted for 1.9% of the global traumatic brain injuries assessment and management devices market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil traumatic brain injuries assessment and management devices market is projected to lead the regional market in terms of revenue in 2030.
  • Brazil is the fastest growing regional market in Latin America and is projected to reach USD 182.6 million by 2030.

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Traumatic Brain Injuries Assessment And Management Devices Market Companies

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Colombia traumatic brain injuries assessment and management 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 traumatic brain injuries assessment and management devices market will help companies and investors design strategic landscapes.


Imaging devices was the largest segment with a revenue share of 52.94% in 2022. Horizon Databook has segmented the Colombia traumatic brain injuries assessment and management devices market based on imaging devices, monitoring devices covering the revenue growth of each sub-segment from 2017 to 2030.


Limited availability of advanced healthcare facilities and declining healthcare expenditure by the government are major factors restraining market growth in Colombia. For instance, according to the OECD Health Statistics 2019, the healthcare expenditure in Colombia was around 7.2% in 2017, whereas in 2015 it was around 7.4%.

In addition, lack of adequate number of hospitals & clinics in the country is also considered a major restraining factor. Such scenario also limits entry of key players, as the scope of growth is significantly low.

Furthermore, lack of skilled professionals and proper knowledge regarding technologically advanced products are some of the major drawbacks, impeding market growth. Thus, Colombian TBIs assessment and management devices market is anticipated to witness low growth rate over the forecast period.

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Horizon Databook provides a detailed overview of country-level data and insights on the Colombia traumatic brain injuries assessment and management devices market, including forecasts for subscribers. This country databook contains high-level insights into Colombia traumatic brain injuries assessment and management devices market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Colombia traumatic brain injuries tbi assessment management devices market size, by device, 2017-2030 (US$M)

Colombia Traumatic Brain Injuries Assessment And Management Devices Market Share, 2022 & 2030 (US$M)

Colombia traumatic brain injuries tbi assessment management devices market size, by device, 2017-2030 (US$M)

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