Report Update: May 1, 2024

Canada - Medical, Surgical Or Veterinary Furniture - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Medical Furniture Price in Canada - 2023

Medical Furniture Price in Canada (CIF) - 2023

The average medical furniture import price stood at $39.1 per unit in June 2023, flattening at the previous month. Over the period from October 2022 to June 2023, it increased at an average monthly rate of +1.4%. The growth pace was the most rapid in January 2023 an increase of 12% month-to-month. The import price peaked at $39.1 per unit in February 2023; afterwards, it flattened through to June 2023.

Average prices varied noticeably amongst the major supplying countries. In June 2023, the countries with the highest prices were Mexico ($34.1 per unit) and the United States ($34.1 per unit), while the price for China ($34.1 per unit) and Germany ($34.1 per unit) were amongst the lowest.

From October 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (0.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Medical Furniture Price in Canada (FOB) - 2023

The average medical furniture export price stood at $40.1 per unit in June 2023, approximately equating the previous month. In general, export price indicated a notable increase from October 2022 to June 2023: its price increased at an average monthly rate of +4.8% over the last eight months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, medical furniture export price decreased by -0.0% against May 2023 indices. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 45% month-to-month. As a result, the export price reached the peak level of $40.1 per unit; afterwards, it flattened through to June 2023.

Average prices varied noticeably for the major foreign markets. In June 2023, the country with the highest price was the United States ($34.8 per unit), while the average price for exports to Australia ($34.8 per unit) was amongst the lowest.

From October 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Medical Furniture Imports in Canada

In 2022, the amount of medical, surgical or veterinary furniture imported into Canada rose rapidly to 7M units, with an increase of 6.5% compared with 2021. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +9.2% 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 decreased by -18.2% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 59% against the previous year. As a result, imports attained the peak of 8.6M units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, medical furniture imports expanded rapidly to $247M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +13.9% 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 decreased by -12.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 69%. As a result, imports attained the peak of $282M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Medical Furniture in Canada (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	105	200	153	169	17.2%
China	19.2	22.4	22.9	26.9	11.9%
Mexico	16.1	23.1	17.5	17.7	3.2%
Germany	8.0	7.9	8.7	9.6	6.3%
Taiwan (Chinese)	3.9	7.4	5.2	6.2	16.7%
Others	15.3	21.3	14.6	17.4	4.4%
Total	167	282	221	247	13.9%

Top Suppliers of Medical Furniture to Canada in 2022:

United States (4.8M units)
China (0.8M units)
Mexico (0.5M units)
Germany (0.3M units)
Taiwan (Chinese) (0.2M units)

Medical Furniture Exports in Canada

In 2022, exports of medical, surgical or veterinary furniture from Canada soared to 5.9M units, picking up by 80% on the year before. Over the period under review, exports posted prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, medical furniture exports surged to $163M in 2022. The total export value increased at an average annual rate of +12.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Medical Furniture in Canada (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	108	108	116	147	10.8%
Australia	1.7	3.8	4.0	5.1	44.2%
United Kingdom	0.7	1.3	2.5	4.2	81.7%
Others	5.2	4.7	5.3	6.6	8.3%
Total	116	117	128	163	12.0%

Top Export Markets for Medical Furniture from Canada in 2022:

United States (5.3M units)
United Kingdom (0.2M units)
Australia (0.2M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the medical furniture market in Canada. 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 32503050 - Medical, surgical or veterinary furniture, and parts thereof (excluding tables and seats specialised for X-ray purposes)

Country coverage:

Canada

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Canada
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023