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India - Orthopaedic Appliances And Splints - Market Analysis, Forecast, Size, Trends And Insights
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View PricingOrthopaedic Appliances Price in India - 2023
Contents:
- Orthopaedic Appliances Price in India (FOB) - 2022
- Orthopaedic Appliances Price in India (CIF) - 2022
- Orthopaedic Appliances Exports in India
- Orthopaedic Appliances Imports in India
Orthopaedic Appliances Price in India (FOB) - 2022
In 2022, the average orthopaedic appliances export price amounted to $126 per unit, growing by 3.6% against the previous year. Over the last decade, it increased at an average annual rate of +3.1%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 19%. Over the period under review, the average export prices reached the peak figure at $128 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Egypt ($125 per unit) and Romania ($125 per unit), while the average price for exports to Peru ($123 per unit) and Ecuador ($123 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.
Orthopaedic Appliances Price in India (CIF) - 2022
The average orthopaedic appliances import price stood at $58 per unit in 2022, almost unchanged from the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 34%. As a result, import price reached the peak level of $71 per unit. From 2017 to 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($58 per unit) and Switzerland ($58 per unit), while the price for France ($58 per unit) and South Korea ($58 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Orthopaedic Appliances Exports in India
In 2022, approx. 560K units of orthopaedic appliances and splints were exported from India; growing by 8.9% on the previous year's figure. The total export volume increased at an average annual rate of +7.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 34%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, orthopaedic appliances exports rose remarkably to $70M in 2022. The total export value increased at an average annual rate of +11.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 28%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the near future.
Export of Orthopaedic Appliances in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 2.0 | 2.3 | 3.7 | 5.1 | 36.6% |
Ethiopia | 0.7 | 0.5 | 0.9 | 3.6 | 72.6% |
United States | 1.8 | 2.7 | 3.5 | 2.9 | 17.2% |
Nepal | 2.4 | 1.7 | 2.7 | 2.8 | 5.3% |
Ecuador | 4.3 | 1.7 | 3.0 | 2.7 | -14.4% |
Colombia | 0.7 | 0.8 | 1.2 | 2.3 | 48.7% |
Singapore | 0.5 | 0.9 | 0.7 | 2.3 | 66.3% |
Algeria | 1.5 | 1.8 | 2.4 | 2.2 | 13.6% |
Peru | 1.2 | 1.1 | 1.9 | 2.1 | 20.5% |
France | 0.9 | 1.0 | 1.6 | 1.7 | 23.6% |
Romania | 0.9 | 1.0 | 1.2 | 1.6 | 21.1% |
Egypt | 0.9 | 0.8 | 0.7 | 1.6 | 21.1% |
Sri Lanka | 2.4 | 3.4 | 3.2 | 1.5 | -14.5% |
Others | 31.1 | 29.1 | 35.8 | 37.9 | 6.8% |
Total | 51.3 | 48.9 | 62.5 | 70.4 | 11.1% |
Top Export Markets for Orthopaedic Appliances from India in 2022:
- Mexico (41.1K units)
- Ethiopia (29.1K units)
- United States (23.5K units)
- Nepal (22.4K units)
- Ecuador (22.3K units)
- Singapore (18.6K units)
- Colombia (18.5K units)
- Algeria (17.5K units)
- Peru (16.7K units)
- France (13.2K units)
- Egypt (12.9K units)
- Romania (12.8K units)
- Sri Lanka (12.2K units)
Orthopaedic Appliances Imports in India
In 2022, orthopaedic appliances imports into India soared to 550K units, picking up by 32% compared with 2021. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +10.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +100.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, orthopaedic appliances imports soared to $32M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +13.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +101.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 55% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Orthopaedic Appliances in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 11.9 | 7.8 | 8.9 | 11.0 | -2.6% |
Singapore | 0.1 | 0.3 | 5.5 | 8.0 | 330.9% |
China | 4.1 | 4.4 | 4.7 | 6.5 | 16.6% |
Switzerland | 0.9 | 0.3 | 1.3 | 1.4 | 15.9% |
Germany | 0.3 | 0.3 | 1.0 | 0.9 | 44.2% |
South Korea | 0.6 | 0.4 | 1.2 | 0.9 | 14.5% |
Taiwan (Chinese) | 0.8 | 0.3 | 0.3 | 0.8 | 0.0% |
France | 0.4 | 0.4 | 0.3 | 0.8 | 26.0% |
Netherlands | 0.8 | 0.2 | 0.2 | 0.4 | -20.6% |
Others | 1.7 | 1.4 | 1.0 | 1.0 | -16.2% |
Total | 21.6 | 15.7 | 24.3 | 31.7 | 13.6% |
Top Suppliers of Orthopaedic Appliances to India in 2022:
- United States (190.4K units)
- Singapore (138.9K units)
- China (112.5K units)
- Switzerland (24.7K units)
- Germany (16.4K units)
- South Korea (16.0K units)
- France (14.0K units)
- Taiwan (Chinese) (13.6K units)
- Netherlands (6.5K units)
This report provides an in-depth analysis of the orthopaedic appliances market in India. 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 32502239 - Orthopaedic appliances, splints and other fracture appliances
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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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