| Product Code: ETC6759650 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Colombia biotechnology import market in 2024 continued to see a high concentration of imports from top countries such as South Korea, China, Germany, UK, and the USA. Despite a negative Compound Annual Growth Rate (CAGR) of -6.0% from 2020 to 2024, the sector experienced a significant decline in growth rate from 2023 to 2024 at -48.46%. This suggests a challenging environment for biotechnology imports in Colombia, with potential factors such as market saturation, economic conditions, or shifting trade dynamics impacting the industry.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Colombia Biotechnology Market Overview |
3.1 Colombia Country Macro Economic Indicators |
3.2 Colombia Biotechnology Market Revenues & Volume, 2021 & 2031F |
3.3 Colombia Biotechnology Market - Industry Life Cycle |
3.4 Colombia Biotechnology Market - Porter's Five Forces |
3.5 Colombia Biotechnology Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Colombia Biotechnology Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Colombia Biotechnology Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government support and funding for biotechnology research and development in Colombia |
4.2.2 Growing demand for innovative healthcare solutions and treatments in the country |
4.2.3 Rising awareness and adoption of biotechnological advancements in various industries in Colombia |
4.3 Market Restraints |
4.3.1 Lack of skilled workforce and expertise in the biotechnology sector in Colombia |
4.3.2 Regulatory challenges and lengthy approval processes for biotechnology products in the market |
5 Colombia Biotechnology Market Trends |
6 Colombia Biotechnology Market, By Types |
6.1 Colombia Biotechnology Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Colombia Biotechnology Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Colombia Biotechnology Market Revenues & Volume, By Biopharmacy, 2021- 2031F |
6.1.4 Colombia Biotechnology Market Revenues & Volume, By Bioservices, 2021- 2031F |
6.1.5 Colombia Biotechnology Market Revenues & Volume, By Bioagri, 2021- 2031F |
6.1.6 Colombia Biotechnology Market Revenues & Volume, By Bioindustrial, 2021- 2031F |
6.2 Colombia Biotechnology Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Colombia Biotechnology Market Revenues & Volume, By Fermentation, 2021- 2031F |
6.2.3 Colombia Biotechnology Market Revenues & Volume, By Tissue Regeneration, 2021- 2031F |
6.2.4 Colombia Biotechnology Market Revenues & Volume, By PCR, 2021- 2031F |
6.2.5 Colombia Biotechnology Market Revenues & Volume, By Nanobiotechnology, 2021- 2031F |
6.2.6 Colombia Biotechnology Market Revenues & Volume, By DNA Sequencing & Others, 2021- 2031F |
7 Colombia Biotechnology Market Import-Export Trade Statistics |
7.1 Colombia Biotechnology Market Export to Major Countries |
7.2 Colombia Biotechnology Market Imports from Major Countries |
8 Colombia Biotechnology Market Key Performance Indicators |
8.1 Number of biotechnology patents filed and granted in Colombia |
8.2 Investment in biotechnology research and development projects in the country |
8.3 Number of collaborations and partnerships between local and international biotechnology companies in Colombia |
9 Colombia Biotechnology Market - Opportunity Assessment |
9.1 Colombia Biotechnology Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Colombia Biotechnology Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Colombia Biotechnology Market - Competitive Landscape |
10.1 Colombia Biotechnology Market Revenue Share, By Companies, 2024 |
10.2 Colombia Biotechnology Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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