United Kingdom - Electro-Diagnostic Apparatus, And Ultra-Violet Or Infra-Red Ray Apparatus - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDiagnostic Equipment Price in the UK - 2023
Contents:
- Diagnostic Equipment Price in the UK (FOB) - 2022
- Diagnostic Equipment Price in the UK (CIF) - 2023
- Diagnostic Equipment Exports in the UK
- Diagnostic Equipment Imports in the UK
Diagnostic Equipment Price in the UK (FOB) - 2022
In 2022, the average diagnostic equipment export price amounted to $73 per unit, with an increase of 44% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 49% against the previous year. As a result, the export price reached the peak level of $77 per unit. From 2015 to 2022, the average export prices failed to regain momentum.
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 ($137 per unit), while the average price for exports to India ($8.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Diagnostic Equipment Price in the UK (CIF) - 2023
In June 2023, the average diagnostic equipment import price amounted to $49.9 per unit, surging by 7.7% against the previous month. Over the period under review, the import price, however, showed a slight curtailment. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 29% m-o-m. The import price peaked at $72.0 per unit in April 2023; however, from May 2023 to June 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($249 per unit), while the price for Austria ($8.9 per unit) was amongst the lowest.
From August 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Costa Rica (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Diagnostic Equipment Exports in the UK
In 2022, shipments abroad of electro-diagnostic apparatus, and ultra-violet or infra-red ray apparatus decreased by -38.1% to 11M units, falling for the second consecutive year after two years of growth. Overall, exports showed a abrupt shrinkage. The growth pace was the most rapid in 2020 with an increase of 76% against the previous year. As a result, the exports attained the peak of 28M units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, diagnostic equipment exports fell to $836M in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 36%. As a result, the exports attained the peak of $1.1B. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Diagnostic Equipment in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 319 | 340 | 415 | 413 | 9.0% |
| United States | 142 | 264 | 152 | 149 | 1.6% |
| Netherlands | 50.6 | 44.8 | 100 | 75.3 | 14.2% |
| Ireland | 16.8 | 34.8 | 66.7 | 45.6 | 39.5% |
| Japan | 76.2 | 90.7 | 40.1 | 33.7 | -23.8% |
| China | 38.8 | 50.0 | 21.1 | 14.3 | -28.3% |
| Belgium | 15.5 | 29.7 | 18.3 | 12.9 | -5.9% |
| India | 2.8 | 5.9 | 6.9 | 4.9 | 20.5% |
| Canada | 15.5 | 89.7 | 2.8 | 2.4 | -46.3% |
| Others | 144 | 166 | 114 | 85.0 | -16.1% |
| Total | 821 | 1,116 | 937 | 836 | 0.6% |
Top Export Markets for Diagnostic Equipment from the UK in 2022:
- Canada (undefinedM units)
- Germany (4.1M units)
- United States (2.9M units)
- Ireland (0.9M units)
- India (0.6M units)
- Netherlands (0.5M units)
- Japan (0.5M units)
- Belgium (0.2M units)
- China (0.1M units)
Diagnostic Equipment Imports in the UK
For the fourth consecutive year, the UK recorded growth in purchases abroad of electro-diagnostic apparatus, and ultra-violet or infra-red ray apparatus, which increased by 14% to 23M units in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.5% 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 +75.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 53%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, diagnostic equipment imports skyrocketed to $979M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +16.7% 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 +58.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 43%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Diagnostic Equipment in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 136 | 165 | 130 | 291 | 28.9% |
| Germany | 180 | 238 | 296 | 145 | -7.0% |
| Ireland | 6.4 | 62.3 | 46.8 | 83.3 | 135.2% |
| China | 18.4 | 54.4 | 48.3 | 81.1 | 64.0% |
| Netherlands | 144 | 137 | 110 | 62.3 | -24.4% |
| Austria | 9.8 | 22.0 | 5.0 | 12.3 | 7.9% |
| Taiwan (Chinese) | 8.5 | 14.9 | 9.5 | 12.0 | 12.2% |
| Belgium | 28.7 | 23.0 | 31.8 | 0.7 | -71.0% |
| Others | 84.6 | 164 | 107 | 291 | 51.0% |
| Total | 616 | 881 | 784 | 979 | 16.7% |
Top Suppliers of Diagnostic Equipment to the UK in 2022:
- Belgium (undefinedM units)
- China (7.0M units)
- United States (4.5M units)
- Germany (2.2M units)
- Ireland (1.7M units)
- Netherlands (1.3M units)
- Taiwan (Chinese) (1.1M units)
- Austria (1.1M units)
This report provides an in-depth analysis of the diagnostic equipment market in the UK. 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 26601230 - Electro-cardiographs
- Prodcom 26601280 - Electro-diagnostic, apparatus (excluding electrocardiographs), n .e.c.
- Prodcom 26601300 - Ultraviolet or infrared apparatus used in medical, surgical, d ental or veterinary sciences
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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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