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Anonymized Case Study · Medical Device · Latin America

Sizing the opportunity for a zero-residual ophthalmic syringe in Colombia.

We combined clinic research, treatment-volume modeling, pricing, regulation, and conversations with retina specialists to determine where a new syringe could create measurable value.

Map treatment volumeProducts, cities, clinics
Validate the workflowHandling and clinical practice
Model the economicsMedication cost and waste
Prioritize entrySettings and stakeholders

The challenge

A technically strong device still needed a commercial reason to exist.

The client was evaluating a silicone-oil-free, zero-residual syringe for intravitreal injections. The product promised more precise delivery and less medication left inside the syringe, but its value depended on local treatment patterns.

The core question was not simply how many injections were performed. We needed to understand which drugs were used, who paid, how clinics handled vials and syringes, where treatment volume was concentrated, and when reducing residual waste would matter economically.

Which clinical settings and anti-VEGF treatments offered the strongest entry point for the device?

Methodology

Primary research anchored the market model.

The study combined reported clinic behavior with published evidence and live market conversations. Each source answered a different part of the commercial question.

01

Clinic survey

Structured data from 24 Colombian clinics on products, payment routes, treatment volume, and vial practices.

02

Volume estimation

Regional estimates combining clinic data, population, facilities, specialist supply, and published injection rates.

03

Price research

Wholesale, pharmacy, and clinic price checks for Avastin, Eylea, Lucentis, and other anti-VEGF options.

04

Regulatory review

INVIMA guidance, product instructions, single-use requirements, and constraints around repackaging.

05

Clinical workflow research

How products moved from vial or prefilled presentation to the injection procedure and where waste could occur.

06

PAAO field intelligence

Booth conversations with retina specialists and market stakeholders from Colombia and other Latin American markets.

Market scale

Demand was concentrated in a small number of urban ophthalmology hubs.

The market model estimated national intravitreal volume and then distributed opportunity using infrastructure, specialist availability, and primary research.

159,460

estimated intravitreal injections

A directional 2023 market estimate for the three principal anti-VEGF products in Colombia.

Estimated volume by priority market

Bogotá
78,205
Medellín
44,974
Cali
15,609
Barranquilla
8,408
Bucaramanga
7,926
Pereira
4,335

Directional estimates produced from primary and secondary data. They are market-planning inputs, not audited utilization counts.

Treatment mix

The largest product by volume was not automatically the best commercial target.

Avastin dominated estimated use because of its affordability. The zero-residual value proposition became more financially meaningful as medication cost increased.

Avastin 50%
Eylea 30%
Lucentis 20%
High volume, lower unit cost

Avastin created scale, but its lower cost reduced the economic value of recovering small residual volumes.

Lower volume, higher value per dose

Eylea and Lucentis created a clearer economic argument for precision and reduced medication loss.

Emerging premium products

Specialist conversations indicated that newer anti-VEGF options were gaining attention and should be tracked in entry planning.

Clinical workflow

The opportunity sat inside the medication-handling process.

Understanding the device required following the treatment from product presentation to final injection, including the practical and regulatory limits on vial use.

01 · Product

Vial or prefilled presentation

The medication enters the clinic in formats with different transfer requirements.

02 · Preparation

Aseptic handling

Single-use guidance and repackaging rules shape what can happen inside the clinic.

03 · Delivery

Intravitreal injection

Precision, silicone exposure, dead space, and ease of use become relevant.

04 · Residual

Medication left behind

The financial consequence rises with the value of the drug and procedure volume.

Commercial implication

Do not sell a syringe. Quantify the value of what it prevents clinics from losing.

The strongest story connected residual reduction to expensive medication, repeated procedures, clinical handling, and operational consistency.

Medication economics

Package prices changed the value equation.

Wholesale and pharmacy checks showed a wide cost range across commonly used anti-VEGF medications.

Avastin

~1.25M COP

Approximate vial price. High use and lower cost created a different syringe economics case.

Lucentis

1.87–2.80M COP

Observed package-price range across available vial presentations.

Eylea

2.08–3.05M COP

Observed range across vial and prefilled presentations.

COP prices collected through wholesale and pharmacy research in December 2024 and reviewed in May 2025. Visual bars indicate relative package-price ceilings, not clinical value.

Payment and access

Private payment was part of the commercial reality.

The clinic survey showed that treatment access crossed government, insurance, and direct-payment routes. These categories overlapped within facilities.

23/24

surveyed clinics accepted out-of-pocket payment

This did not mean every treatment was privately paid. It showed that direct payment was available across nearly the entire clinic sample.

7

clinics reported government-supported payment routes

4

clinics reported some insurance use, typically at lower levels

1

clinic in the sample did not report accepting out-of-pocket payment

Clinic-level availability of payment routes. Counts are not mutually exclusive and should not be read as national reimbursement shares.

Latin American context

The Colombia model was tested against regional field signals.

PAAO 2025 created a second layer of market intelligence: direct conversations about clinical practice, regulation, institutions, product adoption, and potential partners across the region.

The conference work surfaced institutional leads, specialist perspectives, differences in payment and aliquoting practices, and interest in tools that could make intravitreal injection safer and more consistent. These conversations expanded the opportunity map without treating Latin America as one uniform market.

Market-entry priorities

The research narrowed the first commercial conversations.

Start with premium anti-VEGF workflows

Lead where the financial consequence of residual medication is easiest to demonstrate.

Target concentrated treatment centers

Prioritize high-volume retina clinics and institutions in major ophthalmology hubs.

Prove workflow fit locally

Validate handling, sterility, regulatory requirements, and clinician experience before broad expansion.

Strategic implication

The entry case depended on value per procedure, not national volume alone.

Market size established that an opportunity existed. Product mix, medication price, clinical workflow, and payment structure showed where that opportunity was most commercially credible.

Evidence standard

What this study can and cannot establish.

The work supports commercial planning through directional estimates, clinic-reported behavior, price observations, regulatory review, and qualitative field intelligence. It does not replace audited national utilization data, a regulatory opinion, or a clinical evaluation of the device.

Regional insights reflect specific conversations and should be validated market by market before launch.