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{"id":8811,"date":"2021-08-16T11:51:57","date_gmt":"2021-08-16T09:51:57","guid":{"rendered":"https:\/\/www.chameleon-pharma.com\/colombia\/"},"modified":"2022-08-25T16:42:47","modified_gmt":"2022-08-25T14:42:47","slug":"colombia","status":"publish","type":"page","link":"https:\/\/www.chameleon-pharma.com\/es\/publications\/country-pharma-market-data\/colombia\/","title":{"rendered":"Colombia"},"content":{"rendered":"

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Colombia<\/span><\/h1>\n

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Featured image: Photo by Ricardo Gomez Angel<\/a> on Unsplash<\/a><\/p>\n

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Colombia: discover one of the largest Consumer Healthcare and Pharma markets in Latin America\u00a0<\/strong><\/h2>\n

The Colombian Consumer Healthcare and Pharma market is the third largest market in Latin America. This country is full of opportunities to explore if you\u2019re looking to expand your business internationally.\u00a0<\/span><\/i><\/p>\n

<\/span><\/i><\/p>\n

Being the <\/span>third-largest consumer healthcare and Pharma market in Latin America<\/b>, the Colombian market has a lot to offer. In 2021, the drug market reached <\/span>US$4.1 bn<\/b>, which amounted to 1% of Colombia\u2019s GDP, and the overall Colombian consumer healthcare and pharma market is expected to grow more in the next few years.\u00a0<\/span><\/p>\n

The revenue in the self-medication and Rx should amount to <\/span>USD 10,4 Billion in 2035 <\/b>at ex-factory price, according to our own forecast, and the market is expected to grow on average by 7,24% in the next few years.<\/span><\/p>\n

The eco\u00adnomic and polit\u00adi\u00adcal envi\u00adron\u00adment is sta\u00adble, so the out\u00adlook is pos\u00adi\u00adtive for the mar\u00adket growth. Colom\u00adbia is look\u00ading for\u00adward to increasing drug access for the whole pop\u00adu\u00adla\u00adtion under a <\/span>uni\u00adver\u00adsal insur\u00adance pro\u00adgram<\/b>, which will imme\u00addi\u00adately expand the mar\u00adket. Imports, exports and the num\u00adber of Pharma com\u00adpa\u00adnies oper\u00adat\u00ading in the mar\u00adket are also ris\u00ading. The cur\u00adrent lead\u00ading 3 OTC and pharma com\u00adpanies in Colom\u00adbia are <\/span>Bayer<\/b>, followed by <\/span>PROCAPS <\/b>and <\/span>Baxter<\/b>.\u00a0<\/span><\/p>\n

If you are planning on entering Colombia, our expertise and long-standing network can support you. The Chameleon Pharma Consulting Group has extensive OTC and pharma expertise in Latin American markets, and we would be thrilled to support you to take advantage of the opportunities this region has to offer!<\/span><\/p>\n

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The Colombian OTC and pharma market in 2035<\/h2>\n

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USD 10,4<\/b> Billion<\/b><\/h3>\n

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OTC and pharma market size, ex-factory<\/p>\n

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6-8%<\/b><\/h2>\n

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OTC and pharma market growth<\/p>\n

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Colombia in numbers<\/h2>\n

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We are ready to support you in\u00a0<\/span>Strategy, Marketing, Systematic International Company Partner Identification, Commercial Due Diligence, Business Development, Acquisition Search, Regulatory\u00a0projects,<\/span>\u00a0and more in order to ensure your growth.<\/span><\/p>\n<\/div>\n<\/div>\n

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ColombiaFeatured image: Photo by Ricardo Gomez Angel on UnsplashColombia: discover one of the largest Consumer Healthcare and Pharma markets in Latin America\u00a0 The Colombian Consumer Healthcare and Pharma market is the third largest market in Latin America. This country is full of opportunities to explore if you\u2019re looking to expand your business internationally.\u00a0 Being the […]<\/p>\n","protected":false},"author":7,"featured_media":0,"parent":8782,"menu_order":70,"comment_status":"open","ping_status":"open","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"[caption id=\"attachment_912\" align=\"alignleft\" width=\"300\"]\"Colombia\" Bocagrande, Cartagena, Colombia<\/a> by Pedro Szekely<\/a> with CC<\/a>[\/caption]\r\n\r\nCur\u00adrently worth US $4.2 billion, the Colom\u00adbian Health\u00adcare mar\u00adket may seem small in com\u00adpar\u00adi\u00adson to its neigh\u00adbours, but the mar\u00adket is set to expand at a one-digit CAGR between 2013 and 2016.\r\n\r\nThe eco\u00adnomic and polit\u00adi\u00adcal envi\u00adron\u00adment is sta\u00adble, so the out\u00adlook is pos\u00adi\u00adtive for phar\u00adma\u00adceu\u00adti\u00adcal mar\u00adket growth. Colom\u00adbia is look\u00ading for\u00adward to increasing drug access for the whole pop\u00adu\u00adla\u00adtion under a uni\u00adver\u00adsal insur\u00adance pro\u00adgram, which will imme\u00addi\u00adately expand the mar\u00adket. Imports, exports and the num\u00adber of Pharma com\u00adpa\u00adnies oper\u00adat\u00ading in the mar\u00adket are also ris\u00ading. The cur\u00adrent lead\u00ading phar\u00adma\u00adceu\u00adti\u00adcal com\u00adpany in Colom\u00adbia is Tec\u00adno\u00adquim\u00adi\u00adcas, fol\u00adlowed by Bax\u00adter and Roche; its largest domes\u00adtic man\u00adu\u00adfac\u00adtur\u00aders are Bussie, Gen\u00adfar and Lafran\u00adcol (who pro\u00adduce generic copy\u00adcats).\r\n\r\n","_et_gb_content_width":"","footnotes":"","_wp_rev_ctl_limit":""},"class_list":["post-8811","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.chameleon-pharma.com\/es\/wp-json\/wp\/v2\/pages\/8811","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chameleon-pharma.com\/es\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.chameleon-pharma.com\/es\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.chameleon-pharma.com\/es\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chameleon-pharma.com\/es\/wp-json\/wp\/v2\/comments?post=8811"}],"version-history":[{"count":8,"href":"https:\/\/www.chameleon-pharma.com\/es\/wp-json\/wp\/v2\/pages\/8811\/revisions"}],"predecessor-version":[{"id":17490,"href":"https:\/\/www.chameleon-pharma.com\/es\/wp-json\/wp\/v2\/pages\/8811\/revisions\/17490"}],"up":[{"embeddable":true,"href":"https:\/\/www.chameleon-pharma.com\/es\/wp-json\/wp\/v2\/pages\/8782"}],"wp:attachment":[{"href":"https:\/\/www.chameleon-pharma.com\/es\/wp-json\/wp\/v2\/media?parent=8811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}