India - Artificial Parts Of The Body (Excl. Artificial Teeth And Dental Fittings And Artificial Joints) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingOrthopedic Prosthetics Price in India - 2023
Contents:
- Orthopedic Prosthetics Price in India (CIF) - 2022
- Orthopedic Prosthetics Price in India (FOB) - 2022
- Orthopedic Prosthetics Imports in India
- Orthopedic Prosthetics Exports in India
Orthopedic Prosthetics Price in India (CIF) - 2022
In 2022, the average orthopedic prosthetics import price amounted to $11 per unit, falling by -2.7% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 15%. Over the period under review, average import prices hit record highs at $11 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Mauritius ($11 per unit) and the United States ($11 per unit), while the price for Singapore ($11 per unit) and China ($11 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mauritius (+0.7%), while the prices for the other major suppliers experienced a decline.
Orthopedic Prosthetics Price in India (FOB) - 2022
In 2022, the average orthopedic prosthetics export price amounted to $8 per unit, falling by -26% against the previous year. In general, the export price showed a slight downturn. The growth pace was the most rapid in 2019 an increase of 45% against the previous year. As a result, the export price reached the peak level of $15 per unit. From 2020 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Argentina ($9.9 per unit), while the average price for exports to the United Arab Emirates ($0.7 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 (-0.4%), while the prices for the other major destinations experienced a decline.
Orthopedic Prosthetics Imports in India
In 2022, the amount of artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) imported into India skyrocketed to 19M units, surging by 48% on the year before. Over the period under review, imports continue to indicate a strong increase. The growth pace was the most rapid in 2021 when imports increased by 121%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, orthopedic prosthetics imports skyrocketed to $202M in 2022. Overall, imports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 115%. Imports peaked in 2022 and are likely to see steady growth in years to come.
Import of Orthopedic Prosthetics in India (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ireland | 8.2 | 4.3 | 20.7 | 32.8 | 58.7% |
United States | 29.0 | 14.2 | 17.3 | 32.0 | 3.3% |
Switzerland | 24.4 | 11.3 | 21.6 | 25.4 | 1.3% |
Germany | 19.6 | 11.7 | 18.6 | 20.9 | 2.2% |
Hong Kong SAR | 5.9 | 3.4 | 12.1 | 20.0 | 50.2% |
Singapore | 9.5 | 5.0 | 12.9 | 14.9 | 16.2% |
Belgium | 11.7 | 5.1 | 11.9 | 14.5 | 7.4% |
Mauritius | 2.4 | 1.2 | 5.8 | 9.2 | 56.5% |
Netherlands | 29.7 | 3.4 | 5.4 | 8.9 | -33.1% |
United Kingdom | 3.0 | 1.9 | 5.5 | 8.6 | 42.1% |
Others | 9.0 | 3.8 | 8.3 | 14.6 | 17.5% |
Total | 153 | 65.3 | 140 | 202 | 9.7% |
Top Suppliers of Orthopedic Prosthetics to India in 2022:
- Ireland (3.1M units)
- United States (3.0M units)
- Switzerland (2.4M units)
- Germany (2.0M units)
- Hong Kong SAR (1.9M units)
- Singapore (1.4M units)
- Belgium (1.4M units)
- Mauritius (0.9M units)
- Netherlands (0.8M units)
- United Kingdom (0.8M units)
Orthopedic Prosthetics Exports in India
In 2022, orthopedic prosthetics exports from India soared to 10M units, growing by 98% against 2021. In general, 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 prosthetics exports soared to $83M in 2022. Over the period under review, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Orthopedic Prosthetics in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 1.8 | 1.0 | 3.7 | 7.6 | 61.6% |
Turkey | 1.3 | 1.8 | 2.2 | 5.0 | 56.7% |
Iran | 1.3 | 2.3 | 4.9 | 3.7 | 41.7% |
Croatia | 0.1 | 0.3 | 0.3 | 3.2 | 217.5% |
Argentina | 0.7 | 0.4 | 1.3 | 3.2 | 66.0% |
Russia | 1.4 | 1.5 | 1.0 | 3.0 | 28.9% |
Spain | 0.3 | 1.4 | 1.4 | 3.0 | 115.4% |
Netherlands | 0.6 | 1.8 | 2.4 | 2.7 | 65.1% |
Indonesia | 0.9 | 0.8 | 1.0 | 2.7 | 44.2% |
United States | 2.8 | 3.8 | 3.2 | 2.6 | -2.4% |
Italy | 1.5 | 4.3 | 1.4 | 2.5 | 18.6% |
Egypt | 2.3 | 1.9 | 2.0 | 2.1 | -3.0% |
United Arab Emirates | 0.1 | 0.5 | 0.6 | 1.5 | 146.6% |
Others | 28.8 | 23.8 | 31.0 | 40.1 | 11.7% |
Total | 44.0 | 45.7 | 56.3 | 82.8 | 23.5% |
Top Export Markets for Orthopedic Prosthetics from India in 2022:
- United Arab Emirates (2042.5K units)
- Brazil (773.7K units)
- Turkey (508.4K units)
- Iran (375.7K units)
- Croatia (325.6K units)
- Argentina (320.7K units)
- Russia (309.1K units)
- Spain (307.3K units)
- Indonesia (272.4K units)
- Netherlands (270.7K units)
- United States (261.6K units)
- Italy (249.8K units)
- Egypt (210.9K units)
This report provides an in-depth analysis of the orthopedic prosthetics 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 32502290 - Artificial parts of the body (excluding artificial teeth and dental fittings, artificial joints, orthopaedic and fracture appliances, h eart pacemakers)
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
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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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