Italy - Instruments Used In Medical Sciences - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMedical Instruments Price in Italy - 2023
Contents:
- Medical Instruments Price in Italy (CIF) - 2023
- Medical Instruments Price in Italy (FOB) - 2023
- Medical Instruments Imports in Italy
- Medical Instruments Exports in Italy
Medical Instruments Price in Italy (CIF) - 2023
The average medical instruments import price stood at $52,263 per ton in June 2023, growing by 10% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.3%. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 53% m-o-m. Over the period under review, average import prices hit record highs 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 Netherlands ($180K per ton), while the price for Slovenia ($8,437 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 the Netherlands (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Medical Instruments Price in Italy (FOB) - 2023
The average medical instruments export price stood at $50,054 per ton in June 2023, shrinking by -13.8% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 35% against the previous month. The export price peaked at $58,056 per ton in May 2023, and then declined in the following month.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was the United States ($91,172 per ton), while the average price for exports to Ireland ($5,436 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 Germany (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.
Medical Instruments Imports in Italy
For the fourth year in a row, Italy recorded growth in purchases abroad of instruments used in medical sciences, which increased by 14% to 50K tons in 2022. The total import volume increased at an average annual rate of +7.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, medical instruments imports declined to $1.7B in 2022. The total import value increased at an average annual rate of +2.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 7.1%. As a result, imports reached the peak of $1.7B, and then dropped in the following year.
| Import of Medical Instruments in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 393 | 382 | 464 | 447 | 4.4% |
| Germany | 365 | 365 | 386 | 372 | 0.6% |
| Belgium | 277 | 270 | 282 | 269 | -1.0% |
| France | 97.7 | 106 | 89.1 | 94.8 | -1.0% |
| China | 60.7 | 90.2 | 82.9 | 79.9 | 9.6% |
| Tunisia | 31.5 | 27.7 | 34.9 | 33.6 | 2.2% |
| Bosnia and Herzegovina | 31.3 | 31.2 | 33.4 | 32.2 | 0.9% |
| Slovenia | 32.4 | 28.2 | 27.6 | 28.6 | -4.1% |
| Malta | 12.8 | 11.1 | 11.3 | 11.4 | -3.8% |
| Austria | 12.5 | 10.5 | 10.7 | 10.9 | -4.5% |
| Romania | 13.1 | 10.7 | 0.9 | 8.1 | -14.8% |
| Malaysia | 11.2 | 9.7 | 2.9 | 7.8 | -11.4% |
| North Macedonia | 8.2 | 7.8 | 6.7 | 7.4 | -3.4% |
| Others | 273 | 281 | 314 | 314 | 4.8% |
| Total | 1,619 | 1,631 | 1,747 | 1,717 | 2.0% |
Top Suppliers of Medical Instruments to Italy in 2022:
- Germany (9.4K tons)
- Netherlands (5.9K tons)
- Slovenia (5.6K tons)
- China (4.6K tons)
- Belgium (3.6K tons)
- Tunisia (3.0K tons)
- France (2.9K tons)
- Bosnia and Herzegovina (2.4K tons)
- North Macedonia (1.6K tons)
- Malaysia (1.5K tons)
- Romania (1.4K tons)
- Malta (0.8K tons)
- Austria (0.8K tons)
Medical Instruments Exports in Italy
After three years of growth, shipments abroad of instruments used in medical sciences decreased by -20% to 43K tons in 2022. Overall, exports continue to indicate a mild contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 15% against the previous year.
In value terms, medical instruments exports fell modestly to $1.3B in 2022. The total export value increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 12% against the previous year. As a result, the exports attained the peak of $1.3B, and then dropped modestly in the following year.
| Export of Medical Instruments in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 142 | 143 | 153 | 147 | 1.2% |
| United States | 114 | 124 | 145 | 139 | 6.8% |
| Belgium | 76.1 | 118 | 104 | 99.9 | 9.5% |
| Netherlands | 70.1 | 88.5 | 66.4 | 71.1 | 0.5% |
| France | 59.3 | 56.7 | 72.5 | 69.4 | 5.4% |
| China | 36.8 | 35.3 | 69.1 | 66.2 | 21.6% |
| Spain | 54.4 | 53.5 | 59.8 | 57.3 | 1.7% |
| United Kingdom | 43.3 | 34.8 | 57.5 | 55.1 | 8.4% |
| Poland | 33.2 | 22.3 | 30.1 | 28.9 | -4.5% |
| Bosnia and Herzegovina | 13.9 | 15.7 | 16.1 | 15.4 | 3.5% |
| Serbia | 10.6 | 11.0 | 11.6 | 11.1 | 1.5% |
| Ireland | 4.4 | 8.0 | 9.4 | 9.0 | 26.9% |
| Others | 527 | 483 | 548 | 558 | 1.9% |
| Total | 1,185 | 1,194 | 1,344 | 1,327 | 3.8% |
Top Export Markets for Medical Instruments from Italy in 2022:
- Germany (11.8K tons)
- Belgium (5.1K tons)
- France (2.9K tons)
- Ireland (2.4K tons)
- Netherlands (2.2K tons)
- United States (2.0K tons)
- Spain (1.3K tons)
- Poland (1.0K tons)
- United Kingdom (1.0K tons)
- China (1.0K tons)
- Bosnia and Herzegovina (0.9K tons)
- Serbia (0.8K tons)
This report provides an in-depth analysis of the medical instruments market in Italy. 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:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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
-
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
-
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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