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Benelux - Instruments Used in Medical Sciences - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBenelux: Medical Instruments Market 2024
Medical Instruments Market Size in Benelux
The Benelux medical instruments market surged to $X in 2022, rising by 280% against the previous year. Over the period under review, consumption showed a strong expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.
Medical Instruments Production in Benelux
In value terms, medical instruments production surged to $X in 2022 estimated in export price. Over the period under review, production enjoyed resilient growth. The pace of growth was the most pronounced in 2020 when the production volume increased by 122% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.
Medical Instruments Exports
Exports in Benelux
In 2022, after six years of growth, there was decline in overseas shipments of instruments used in medical sciences, when their volume decreased by -2.1% to X tons. Total exports indicated a temperate increase from 2012 to 2022: its volume increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +108.8% against 2015 indices. The pace of growth appeared the most rapid in 2017 with an increase of 26%. Over the period under review, the exports reached the maximum at X tons in 2021, and then declined in the following year.
In value terms, medical instruments exports expanded markedly to $X in 2022. Overall, exports, however, continue to indicate buoyant growth. The pace of growth was the most pronounced in 2018 when exports increased by 28%. The level of export peaked in 2022 and is expected to retain growth in years to come.
Exports by Country
In 2022, the Netherlands (X tons) was the largest exporter of instruments used in medical sciences, mixing up 64% of total exports. It was distantly followed by Belgium (X tons), constituting a 35% share of total exports.
From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +8.4%).
In value terms, the Netherlands ($X) remains the largest medical instruments supplier in Benelux, comprising 70% of total exports. The second position in the ranking was taken by Belgium ($X), with a 30% share of total exports.
From 2012 to 2022, the average annual growth rate of value in the Netherlands totaled +13.2%.
Export Prices by Country
The export price in Benelux stood at $X per ton in 2022, rising by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.2%. The pace of growth was the most pronounced in 2014 an increase of 16% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.
Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium totaled $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.4%).
Medical Instruments Imports
Imports in Benelux
In 2022, supplies from abroad of instruments used in medical sciences increased by 72% to X tons, rising for the seventh year in a row after two years of decline. Overall, imports saw a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, medical instruments imports rose markedly to $X in 2022. Total imports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +104.5% against 2015 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 19% against the previous year. The level of import peaked in 2022 and is likely to continue growth in the immediate term.
Imports by Country
The Netherlands was the main importing country with an import of about X tons, which finished at 72% of total imports. It was distantly followed by Belgium (X tons), achieving a 27% share of total imports.
The Netherlands was also the fastest-growing in terms of the instruments used in medical sciences imports, with a CAGR of +16.1% from 2012 to 2022. Belgium experienced a relatively flat trend pattern. From 2012 to 2022, the share of the Netherlands increased by +32 percentage points.
In value terms, the largest medical instruments importing markets in Benelux were the Netherlands ($X) and Belgium ($X).
In terms of the main importing countries, the Netherlands, with a CAGR of +12.1%, recorded the highest rates of growth with regard to the value of imports, over the period under review.
Import Prices by Country
The import price in Benelux stood at $X per ton in 2022, shrinking by -36.1% against the previous year. Overall, the import price saw a slight downturn. The growth pace was the most rapid in 2015 an increase of 26%. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the import prices remained at a lower figure.
Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the Netherlands stood at $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+1.1%).
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the medical instruments market in Benelux. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Benelux, split by region and country
- Trade (exports and imports) in Benelux
- 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
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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
- CONSUMPTION BY COUNTRY
- 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
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Belgium
- Luxembourg
- Netherlands
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 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
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 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, 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, 2012–2023
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