Pakistan - Instruments Used In Medical Sciences - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMedical Instruments Price in Pakistan - 2022
Contents:
- Medical Instruments Price in Pakistan (FOB) - 2022
- Medical Instruments Price in Pakistan (CIF) - 2022
- Medical Instruments Exports in Pakistan
- Medical Instruments Imports in Pakistan
Medical Instruments Price in Pakistan (FOB) - 2022
In 2022, the average medical instruments export price amounted to $23,281 per ton, waning by -18.9% against the previous year. Over the period under review, the export price showed a abrupt decrease. The pace of growth was the most pronounced in 2013 when the average export price decreased by -10% against the previous year. The export price peaked at $73,761 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($44,776 per ton), while the average price for exports to the Czech Republic ($3,061 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (-0.8%), while the prices for the other major destinations experienced a decline.
Medical Instruments Price in Pakistan (CIF) - 2022
In 2022, the average medical instruments import price amounted to $55,056 per ton, jumping by 31% against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($222,666 per ton), while the price for Lithuania ($7,681 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Medical Instruments Exports in Pakistan
In 2022, medical instruments exports from Pakistan skyrocketed to 18K tons, jumping by 25% against the year before. Overall, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +16.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.4% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 28% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, medical instruments exports totaled $420M in 2022. The total export value increased at an average annual rate of +1.3% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 15%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.
| Export of Medical Instruments in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 123 | 99.2 | 113 | 104 | -5.4% |
| Germany | 53.4 | 54.4 | 61.7 | 62.6 | 5.4% |
| United Kingdom | 36.0 | 29.9 | 36.4 | 35.4 | -0.6% |
| United Arab Emirates | 11.5 | 12.2 | 17.5 | 20.9 | 22.0% |
| China | 18.7 | 21.9 | 20.0 | 15.6 | -5.9% |
| Brazil | 12.1 | 7.8 | 11.7 | 14.9 | 7.2% |
| Italy | 7.1 | 7.4 | 8.8 | 11.4 | 17.1% |
| France | 13.3 | 12.4 | 11.0 | 10.1 | -8.8% |
| Australia | 7.8 | 7.8 | 9.3 | 9.0 | 4.9% |
| Mexico | 5.8 | 4.5 | 4.0 | 8.2 | 12.2% |
| Russia | 6.1 | 5.8 | 5.8 | 5.1 | -5.8% |
| Czech Republic | 2.4 | 2.5 | 2.9 | 3.2 | 10.1% |
| Others | 107 | 95.5 | 114 | 120 | 3.9% |
| Total | 404 | 361 | 416 | 420 | 1.3% |
Top Export Markets for Medical Instruments from Pakistan in 2022:
- United States (3.9K tons)
- United Kingdom (2.2K tons)
- Germany (1.8K tons)
- Mexico (1.3K tons)
- Czech Republic (1.0K tons)
- China (0.7K tons)
- France (0.6K tons)
- Australia (0.5K tons)
- United Arab Emirates (0.5K tons)
- Brazil (0.4K tons)
- Italy (0.3K tons)
- Russia (0.3K tons)
Medical Instruments Imports in Pakistan
In 2022, medical instruments imports into Pakistan contracted significantly to 1.6K tons, with a decrease of -16% compared with the previous year. Over the period under review, imports recorded a abrupt decline. The pace of growth was the most pronounced in 2021 when imports increased by 5.1% against the previous year.
In value terms, medical instruments imports expanded significantly to $87M in 2022. The total import value increased at an average annual rate of +3.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 21%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Medical Instruments in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 16.1 | 23.8 | 21.8 | 18.9 | 5.5% |
| United Kingdom | 3.5 | 1.6 | 3.0 | 12.5 | 52.9% |
| United States | 13.5 | 11.3 | 13.9 | 10.8 | -7.2% |
| Germany | 19.1 | 7.8 | 9.7 | 10.6 | -17.8% |
| Japan | 6.6 | 6.1 | 6.1 | 8.5 | 8.8% |
| Italy | 3.4 | 1.5 | 2.0 | 2.6 | -8.6% |
| Mexico | 0.9 | 2.1 | 1.5 | 2.1 | 32.6% |
| Netherlands | 1.4 | 1.2 | 0.9 | 1.9 | 10.7% |
| Turkey | 1.0 | 1.0 | 1.1 | 1.8 | 21.6% |
| Singapore | 0.9 | 1.2 | 3.0 | 1.5 | 18.6% |
| Slovakia | 0.1 | N/A | 0.1 | 0.8 | 100.0% |
| Lithuania | N/A | N/A | N/A | 0.5 | 0% |
| Thailand | 0.2 | 0.1 | 0.1 | 0.4 | 26.0% |
| Others | 12.4 | 7.8 | 16.1 | 14.3 | 4.9% |
| Total | 79.2 | 65.6 | 79.3 | 87.3 | 3.3% |
Top Suppliers of Medical Instruments to Pakistan in 2022:
- China (474.2 tons)
- United Kingdom (306.5 tons)
- United States (163.7 tons)
- Germany (135.6 tons)
- Lithuania (64.6 tons)
- Italy (57.5 tons)
- Thailand (42.2 tons)
- Japan (38.1 tons)
- Mexico (32.5 tons)
- Slovakia (30.7 tons)
- Netherlands (28.0 tons)
- Turkey (26.2 tons)
- Singapore (22.2 tons)
This report provides an in-depth analysis of the medical instruments market in Pakistan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32501333 - Instruments and apparatus for measuring blood-pressure (including sphygmomanometers, tensiometers, oscillometers)
- Prodcom 32501335 - Endoscopes for medical purposes
- Prodcom 32501353 - Renal dialysis equipment
- Prodcom 32501355 - Diathermic apparatus (including ultrasonic)
- Prodcom 32501363 - Transfusion apparatus (excluding special blood storage glass bottles)
- Prodcom 32501365 - Anaesthetic apparatus and instruments
- Prodcom 32501370 - Instruments and appliances used in medical, surgical or veterinary sciences, n.e.s.
Country coverage:
- Pakistan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Pakistan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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