India - Artificial Joints For Orthopedic Purposes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingOrthopedic Artificial Joints Price in India - 2023
Contents:
- Orthopedic Artificial Joints Price in India (CIF) - 2022
- Orthopedic Artificial Joints Price in India (FOB) - 2022
- Orthopedic Artificial Joints Imports in India
- Orthopedic Artificial Joints Exports in India
Orthopedic Artificial Joints Price in India (CIF) - 2022
The average orthopedic artificial joints import price stood at $19 per unit in 2022, dropping by -16.6% against the previous year. In general, the import price saw a perceptible setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by 11% against the previous year. The import price peaked at $24 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($19 per unit) and the Netherlands ($19 per unit), while the price for Singapore ($19 per unit) and France ($19 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (-2.2%), while the prices for the other major suppliers experienced a decline.
Orthopedic Artificial Joints Price in India (FOB) - 2022
The average orthopedic artificial joints export price stood at $20 per unit in 2022, falling by -14.7% against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The pace of growth appeared the most rapid in 2013 an increase of 21%. Over the period under review, the average export prices reached the peak figure at $24 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Russia ($20 per unit) and the United States ($20 per unit), while the average price for exports to Croatia ($20 per unit) and Singapore ($20 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.
Orthopedic Artificial Joints Imports in India
Orthopedic artificial joints imports into India soared to 8.8M units in 2022, with an increase of 73% on the previous year. Overall, imports continue to indicate strong growth. The growth pace was the most rapid in 2021 with an increase of 122% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, orthopedic artificial joints imports skyrocketed to $166M in 2022. In general, imports posted a strong expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 122%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Orthopedic Artificial Joints in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 45.2 | 19.7 | 40.4 | 60.6 | 10.3% |
| United States | 33.5 | 14.0 | 28.3 | 37.7 | 4.0% |
| Singapore | 14.7 | 0.1 | 13.3 | 23.7 | 17.3% |
| Switzerland | 15.4 | 10.2 | 18.7 | 22.2 | 13.0% |
| Netherlands | 8.8 | 2.1 | 4.6 | 10.7 | 6.7% |
| Germany | 8.8 | 2.6 | 4.0 | 4.6 | -19.4% |
| France | 1.9 | 1.5 | 2.6 | 3.0 | 16.4% |
| Others | 2.9 | 2.1 | 3.7 | 3.8 | 9.4% |
| Total | 131 | 52.2 | 116 | 166 | 8.2% |
Top Suppliers of Orthopedic Artificial Joints to India in 2022:
- Belgium (3.2M units)
- United States (2.0M units)
- Singapore (1.3M units)
- Switzerland (1.2M units)
- Netherlands (0.6M units)
- France (0.2M units)
- Germany (0.2M units)
Orthopedic Artificial Joints Exports in India
For the fourth consecutive year, India recorded growth in shipments abroad of artificial joints for orthopedic purposes, which increased by 106% to 2.2M units in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, orthopedic artificial joints exports surged to $45M in 2022. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Orthopedic Artificial Joints in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.7 | 8.1 | 12.7 | 18.4 | 28.4% |
| Russia | 0.4 | 0.6 | 0.8 | 4.2 | 119.0% |
| Lithuania | N/A | N/A | 0.4 | 1.9 | 375.0% |
| Georgia | 0.3 | 0.4 | 0.9 | 1.8 | 81.7% |
| Singapore | 0.4 | 0.2 | 0.1 | 1.6 | 58.7% |
| Brazil | 0.2 | 0.8 | 0.4 | 1.5 | 95.7% |
| Egypt | 0.4 | 0.6 | 0.7 | 1.5 | 55.4% |
| Germany | 1.4 | 2.5 | 2.6 | 1.3 | -2.4% |
| Switzerland | N/A | 0.1 | N/A | 1.3 | 260.6% |
| Turkey | 1.0 | 0.6 | 0.7 | 1.0 | 0.0% |
| Croatia | 0.2 | 0.1 | 0.1 | 0.9 | 65.1% |
| Others | 7.7 | 9.0 | 6.6 | 9.8 | 8.4% |
| Total | 20.7 | 22.9 | 25.8 | 45.4 | 29.9% |
Top Export Markets for Orthopedic Artificial Joints from India in 2022:
- United States (897.8K units)
- Russia (207.1K units)
- Lithuania (94.9K units)
- Georgia (87.5K units)
- Singapore (80.2K units)
- Egypt (74.4K units)
- Brazil (70.8K units)
- Switzerland (64.9K units)
- Germany (62.7K units)
- Turkey (50.6K units)
- Croatia (43.6K units)
This report provides an in-depth analysis of the orthopedic artificial joints market in India. 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 32502235 - Artificial joints
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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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