Estonia: Orthopedic Prosthetics Market Overview 2020

Orthopedic Prosthetics Market Size in Estonia

The revenue of the orthopedic prosthetics market in Estonia amounted to $X in 2018, surging by X% against the previous year. Over the period under review, orthopedic prosthetics consumption continues to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. In that year, the orthopedic prosthetics market attained its peak level and is likely to continue its growth in the immediate term.

Orthopedic Prosthetics Production in Estonia

In value terms, orthopedic prosthetics production stood at $X in 2018 estimated in export prices. Over the period under review, orthopedic prosthetics production continues to indicate a drastic contraction. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, orthopedic prosthetics production attained its peak figure level at $X in 2007; however, from 2008 to 2018, production remained at a lower figure.

Orthopedic Prosthetics Exports

Exports from Estonia

In 2018, the amount of artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) exported from Estonia amounted to X kg, reducing by -X% against the previous year. In general, orthopedic prosthetics exports, however, continue to indicate slight growth. The growth pace was the most rapid in 2012 when exports increased by X% year-to-year. In that year, orthopedic prosthetics exports attained their peak of X tonnes. From 2013 to 2018, the growth of orthopedic prosthetics exports remained at a somewhat lower figure.

In value terms, orthopedic prosthetics exports totaled $X in 2018. Overall, orthopedic prosthetics exports, however, continue to indicate a prominent expansion. The growth pace was the most rapid in 2009 when exports increased by X% against the previous year. Estonia exports peaked in 2018 and are expected to retain its growth in the near future.

Exports by Country

In 2018, Ireland (X tonnes), the U.S. (X tonnes), the Netherlands (X tonnes), Belgium (X tonnes), Germany (X tonnes), Costa Rica (X tonnes), France (X tonnes), Singapore (X tonnes), Austria (X tonnes) and the UK (X tonnes) were the major exporters of artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) in the world, committing X% of total export.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Singapore, while the other leaders experienced more modest paces of growth.

In value terms, the largest orthopedic prosthetics markets from Estonia were the U.S. ($X), Ireland ($X) and the Netherlands ($X), together accounting for X% of total exports. These countries were followed by Belgium, Singapore, Germany, Costa Rica, France, the UK, Austria and Estonia, which together accounted for a further X experienced the highest rates of growth with regard to exports, in terms of the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the orthopedic prosthetics export price in Estonia amounted to $X per tonne, going up by X% against the previous year. Overall, the orthopedic prosthetics export price continues to indicate a moderate expansion. The most prominent rate of growth was recorded in 2018 when the export price increased by X% year-to-year. In that year, the export prices for artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) attained their peak level and is likely to continue its growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per tonne), while Austria ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other leaders experienced more modest paces of growth.

Orthopedic Prosthetics Imports

Imports into Estonia

In 2018, the orthopedic prosthetics imports into Estonia totaled X tonnes, growing by X% against the previous year. In general, orthopedic prosthetics imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2018 when imports increased by X% year-to-year. In that year, orthopedic prosthetics imports attained their peak and are likely to continue its growth in the immediate term.

In value terms, orthopedic prosthetics imports stood at $X in 2018. The total import value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, orthopedic prosthetics imports attained their maximum at $X in 2015; however, from 2016 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, the U.S. (X tonnes), followed by the Netherlands (X tonnes), Germany (X tonnes), Belgium (X tonnes), France (X tonnes) and Spain (X tonnes) represented the main importers of artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints), together making up X% of total imports. Japan (X tonnes), China (X tonnes), Ireland (X tonnes), Italy (X tonnes), the UK (X tonnes) and Turkey (X tonnes) occupied a minor share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Turkey, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constitutes the largest market for imported artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) into Estonia, comprising X% of global imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

In the U.S., orthopedic prosthetics imports expanded at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: the Netherlands (+X% per year) and Germany (+X% per year).

Import Prices by Country

The orthopedic prosthetics import price in Estonia stood at $X per tonne in 2018, falling by -X% against the previous year. Over the period under review, the orthopedic prosthetics import price continues to indicate a drastic drop. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, the import prices for artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) reached their maximum at $X per tonne in 2015; however, from 2016 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per tonne), while Ireland ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform