Germany - Instruments Used In Medical Sciences - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Germany - Instruments Used In Medical Sciences - Market Analysis, Forecast, Size, Trends And Insights

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Medical Instruments Price in Germany - 2023

Contents:

  1. Medical Instruments Price in Germany (FOB) - 2023
  2. Medical Instruments Price in Germany (CIF) - 2023
  3. Medical Instruments Exports in Germany
  4. Medical Instruments Imports in Germany

Medical Instruments Price in Germany (FOB) - 2023

The average medical instruments export price stood at $115K per ton in June 2023, increasing by 5% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.5%. The pace of growth was the most pronounced in December 2022 when the average export price increased by 8.9% against the previous month. Over the period under review, the average export prices hit record highs in June 2023.

There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was the United States ($506K per ton), while the average price for exports to Belgium ($51,677 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

Medical Instruments Price in Germany (CIF) - 2023

In June 2023, the average medical instruments import price amounted to $64,297 per ton, rising by 5% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in December 2022 an increase of 25% m-o-m. The import price peaked in June 2023.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($251K per ton), while the price for Slovenia ($10,612 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by France (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Medical Instruments Exports in Germany

For the fourth year in a row, Germany recorded growth in shipments abroad of instruments used in medical sciences, which increased by 3.8% to 84K tons in 2022. The total export volume increased at an average annual rate of +4.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 when exports increased by 6.1%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, medical instruments exports totaled $7.6B in 2022. The total export value increased at an average annual rate of +3.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 7% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Medical Instruments in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,2231,2121,3671,6169.7%
China4865135885846.3%
Netherlands4004134464342.8%
France3774054283971.7%
Switzerland2983003443798.3%
Russia2833013753012.1%
United Kingdom2583112992924.2%
Italy339332364268-7.5%
Spain2142132532474.9%
Austria1631721871701.4%
Czech Republic10614414814210.2%
Belgium153137148132-4.8%
South Korea96.01031231187.1%
Others2,5822,5082,4902,562-0.3%
Total6,9787,0637,5597,6413.1%

Top Export Markets for Medical Instruments from Germany in 2022:

  1. China (6.7K tons)
  2. France (6.2K tons)
  3. United States (4.2K tons)
  4. Russia (4.1K tons)
  5. Netherlands (4.0K tons)
  6. Italy (3.5K tons)
  7. Spain (3.5K tons)
  8. Switzerland (3.3K tons)
  9. United Kingdom (3.2K tons)
  10. South Korea (3.2K tons)
  11. Belgium (3.0K tons)
  12. Czech Republic (2.6K tons)
  13. Austria (2.6K tons)

Medical Instruments Imports in Germany

Medical instruments imports into Germany expanded slightly to 86K tons in 2022, picking up by 3.3% on the year before. The total import volume increased at an average annual rate of +1.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, medical instruments imports declined to $4.3B in 2022. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 1.5%. As a result, imports attained the peak of $4.5B, and then reduced modestly in the following year.

Import of Medical Instruments in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands15174779679173.7%
United States1,142642587500-24.1%
Belgium60.238339934579.0%
China326292269322-0.4%
Poland1741731801770.6%
Malaysia1471211371653.9%
Italy1201451641466.8%
France160183152142-3.9%
Slovenia3.295.5104132245.5%
Czech Republic10998.2112108-0.3%
Turkey11879.377.189.7-8.7%
Hungary10894.496.374.9-11.5%
Vietnam58.437.842.771.97.2%
Others1,6441,2961,3371,278-8.1%
Total4,3204,3864,4544,3440.2%

Top Suppliers of Medical Instruments to Germany in 2022:

  1. Slovenia (16.5K tons)
  2. China (10.7K tons)
  3. Netherlands (5.4K tons)
  4. France (5.4K tons)
  5. Italy (5.2K tons)
  6. Vietnam (5.0K tons)
  7. Turkey (4.0K tons)
  8. Belgium (3.7K tons)
  9. United States (3.6K tons)
  10. Czech Republic (3.4K tons)
  11. Poland (3.1K tons)
  12. Malaysia (2.3K tons)
  13. Hungary (2.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the medical instruments market in Germany. 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:

  • Germany

Data coverage:

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

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 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. 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
  12. 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
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