U.S. - Needles, Catheters, Cannulae For Medicine - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCatheter and Cannula Price in the United States - 2023
Contents:
- Catheter and Cannula Price in the United States (FOB) - 2022
- Catheter and Cannula Price in the United States (CIF) - 2023
- Catheter and Cannula Exports in the United States
- Catheter and Cannula Imports in the United States
Catheter and Cannula Price in the United States (FOB) - 2022
The average catheter and cannula export price stood at $1.7 per unit in 2022, declining by -11.3% against the previous year. In general, the export price showed a abrupt downturn. The pace of growth appeared the most rapid in 2021 when the average export price increased by 0.2%. As a result, the export price reached the peak level of $1.9 per unit, and then contracted in the following year.
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 Netherlands ($9.7 per unit), while the average price for exports to Costa Rica ($0.6 per unit) was amongst the lowest.
From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+210.7%), while the prices for the other major destinations experienced more modest paces of growth.
Catheter and Cannula Price in the United States (CIF) - 2023
The average catheter and cannula import price stood at $7.8 per unit in September 2023, remaining relatively unchanged against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in February 2023 an increase of 8% month-to-month. Over the period under review, average import prices reached the peak figure at $8.6 per unit in May 2023; however, from June 2023 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Ireland ($22.6 per unit), while the price for India ($1.1 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Mexico (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Catheter and Cannula Exports in the United States
In 2022, exports of catheters and cannulae from the United States skyrocketed to 4.5B units, with an increase of 17% compared with 2021. Over the period under review, exports continue to indicate prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, catheter and cannula exports reached $7.5B in 2022. The total export value increased at an average annual rate of +2.1% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 16% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.
| Export of Catheter and Cannula in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Netherlands | 926 | 1,204 | 1,410 | 23.4% | |
| China | 870 | 1,004 | 1,110 | 13.0% | |
| Mexico | 628 | 746 | 857 | 16.8% | |
| Belgium | 754 | 877 | 782 | 1.8% | |
| Japan | 669 | 702 | 593 | -5.9% | |
| Germany | 367 | 389 | 315 | -7.4% | |
| Ireland | 241 | 318 | 288 | 9.3% | |
| Costa Rica | 115 | 180 | 233 | 42.3% | |
| Australia | 159 | 180 | 170 | 3.4% | |
| South Korea | 153 | 153 | 149 | -1.3% | |
| Taiwan (Chinese) | 67.4 | 70.3 | 105 | 24.8% | |
| Others | 1,286 | 1,436 | 1,497 | 7.9% | |
| Total | 6,237 | 7,259 | 7,510 | 9.7% | |
Top Export Markets for Catheter and Cannula from the United States in 2022:
- China (1424.8M units)
- Belgium (1040.6M units)
- Japan (493.8M units)
- Costa Rica (410.2M units)
- Ireland (216.4M units)
- Netherlands (146.1M units)
- Australia (133.8M units)
- Taiwan (Chinese) (124.8M units)
- Mexico (115.4M units)
- Germany (115.4M units)
- South Korea (20.1M units)
Catheter and Cannula Imports in the United States
In 2022, imports of catheters and cannulae into the United States totaled 10B units, almost unchanged from 2021. The total import volume increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 14%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, catheter and cannula imports totaled $8.2B in 2022. The total import value increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 16%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Catheter and Cannula in the United States (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 2.1 | 1.6 | N/A | 2.2 | 1.6% |
| Mexico | 2.7 | 2.6 | 2.6 | 2.1 | -8.0% |
| China | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
| Japan | 0.3 | 0.3 | 0.2 | 0.2 | -12.6% |
| Costa Rica | 0.9 | 1.0 | 1.1 | N/A | 10.6% |
| Others | 1.3 | 1.3 | 4.0 | 3.4 | 37.8% |
| Total | 7.6 | 7.1 | 8.2 | 8.2 | 2.6% |
Top Suppliers of Catheter and Cannula to the United States in 2022:
- Mexico (6.7B units)
- China (1.5B units)
- Ireland (0.3B units)
- Japan (0.2B units)
This report provides an in-depth analysis of the needles and catheters market in the U.S.. 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 2025.
Product coverage:
- Prodcom 32501317 - Needles, catheters, cannulae and the like used in medical, s urgical, dental or veterinary sciences (excluding tubular metal needles and needles for sutures)
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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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