Hospital Furniture in Colombia
There are multiple business opportunities in the continuously growing medical equipment sector worldwide. According to TradeMap, world imports of hospital equipment had an average growth of 2.3% in the years 2013 through 2017, exceeding US 230,000 million.
As the aging population continues to grow, these numbers will continue to increase demand for medical equipment.
In Colombia, in the year 2018, the exports of the medical supplies and hospital equipment sector such as medical devices, instruments, appliances, prostheses, and hospital furniture reached the US $71.5 million, with an increase of 7.1%, compared to the year 2017, according to the National Department of Statistics (DANE).
Medical furniture manufacturers have seen an increase in demand and have found a strong business opportunity with a continuous growth potential not only in the local but also in the international market. Medical equipment such as wheelchairs, hospital beds, hospital chairs, and other hospital appliances are some of the most produced items by the local producers.
Also, medical protection gowns, face masks, and gloves are some of the personal protective equipment items that are most demanded by health institutions and are also highly produced in the country.
Colombia’s geographic location and the level of specialization in the medical supply market, play a key role in favor of developing business in Central America and the Caribbean. Its location enables fast distribution and communication with the countries in the region, and its specialization has been innovative and progressive.
Even though the international market has a variety of suppliers, Colombian producers compete with the price and quality of their products.