CIS: Orthopedic Prosthetics Market 2024

Orthopedic Prosthetics Market Size in CIS

The CIS orthopedic prosthetics market skyrocketed to $X in 2022, increasing by X% against the previous year. The total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Orthopedic Prosthetics Production in CIS

In value terms, orthopedic prosthetics production dropped to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Orthopedic Prosthetics Exports

Exports in CIS

In 2022, after three years of growth, there was decline in shipments abroad of artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints), when their volume decreased by X% to X units. Overall, exports, however, posted a buoyant increase. The growth pace was the most rapid in 2016 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2021, and then shrank slightly in the following year.

In value terms, orthopedic prosthetics exports soared to $X in 2022. Over the period under review, exports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Russia (X units) represented the main exporter of artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints), constituting X% of total exports. Moldova (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Kazakhstan (X%). Armenia (X units) and Belarus (X units) held a relatively small share of total exports.

Exports from Russia increased at an average annual rate of X% from 2012 to 2022. At the same time, Moldova (X%), Kazakhstan (X%), Armenia (X%) and Belarus (X%) displayed positive paces of growth. Moreover, Moldova emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. While the share of Moldova (X p.p.), Kazakhstan (X p.p.) and Armenia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Russia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest orthopedic prosthetics supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Moldova ($X), with an X% share of total exports. It was followed by Kazakhstan, with a X% share.

In Russia, orthopedic prosthetics exports decreased by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Moldova (X% per year) and Kazakhstan (X% per year).

Export Prices by Country

The export price in the CIS stood at $X per unit in 2022, increasing by X% against the previous year. Overall, the export price, however, recorded a perceptible decline. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Armenia ($X per unit), while Russia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (X%), while the other leaders experienced a decline in the export price figures.

Orthopedic Prosthetics Imports

Imports in CIS

In 2022, imports of artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) in the CIS reached X units, increasing by X% compared with 2021. Total imports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The volume of import peaked at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, orthopedic prosthetics imports soared to $X in 2022. Total imports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Russia dominates imports structure, finishing at X units, which was approx. X% of total imports in 2022. Azerbaijan (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Kazakhstan (X%). The following importers - Belarus (X units), Uzbekistan (X units) and Moldova (X units) - each accounted for a X% share of total imports.

Imports into Russia increased at an average annual rate of X% from 2012 to 2022. At the same time, Uzbekistan (X%), Azerbaijan (X%), Moldova (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Belarus (X%) illustrated a downward trend over the same period. Azerbaijan (X p.p.), Russia (X p.p.) and Uzbekistan (X p.p.) significantly strengthened its position in terms of the total imports, while Kazakhstan and Belarus saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) in the CIS, comprising X% of total imports. The second position in the ranking was held by Belarus ($X), with a X% share of total imports. It was followed by Kazakhstan, with a X% share.

In Russia, orthopedic prosthetics imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Belarus (X% per year) and Kazakhstan (X% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per unit, picking up by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The level of import peaked at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belarus ($X per unit), while Azerbaijan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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