Introduction
Following the 2023 annual report, we now present the 2024 edition of our Medical Device Market Overview for Colombia.
This analysis examines Colombia’s performance in medical device importation, while also highlighting developments in the country’s healthcare infrastructure and market dynamics. With updated trade data and industry insights, the report outlines why Colombia is becoming a significant hub for medical device activity and how its role in Latin America is steadily expanding.
Market Overview: Colombia’s Import and Export Performance in 2024
Based on the latest data from Colombia’s central bank and corroborated by UN trade statistics, Colombia currently ranks 39th globally in medical device importation. Within Latin America, the country has moved up to fourth place, an indicator of its increasing relevance in the regional and global supply chain.
The table below provides a detailed breakdown of Colombia’s position among the top medical device importing countries worldwide.
| Position | Country |
| 1 | USA |
| 2 | Netherlands |
| 3 | Germany |
| 4 | China |
| 5 | Japan |
| 6 | France |
| 7 | United Kingdom |
| 8 | Mexico |
| (…) 19 | Brazil |
| (…) 32 | Costa Rica |
| 33 | Portugal |
| 34 | Indonesia |
| 35 | South Africa |
| 36 | Norway |
| 37 | Finland |
| 38 | Hungary |
| 39 | Colombia |
*Notes:
The information is obtained based on the most representative tariff codes related to medical devices (HS: 9018).
Data up to December 2025.
Guides on the Medical Device Market in Colombia
For professionals interested in understanding the Colombian medical device market, we recommend consulting the following specialized resources that provide practical guidance on regulation and compliance:
- Ultimate Guide for Regulatory Affairs in Colombia – an overview of the requirements, processes, timelines and other important matters you need to know to register your devices with INVIMA.
- Device Classification and Device Grouping – an in‑depth resource explaining how medical devices are classified and grouped under Colombian regulations.
Conclusions
In 2024, Colombia advanced in the global medical device import rankings, gaining one position compared to the previous year. Within Latin America, the country also improved its standing, now positioned as the fourth-largest medical device importer after Mexico, Brazil, and Costa Rica. INVIMA has continued to implement tools that strengthen traceability in medical device commercialization, supporting improved regulatory compliance and market surveillance.
This updated overview of the Colombia medical device market 2024 highlights the country’s growing relevance in the region and its expanding opportunities for manufacturers, distributors and healthcare professionals. We will continue to provide updated insights on the Colombia medical device industry as soon as 2025 information becomes available. For further details, please contact us at contact@veraqueconsulting.com.