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Germany - Artificial Joints For Orthopedic Purposes - Market Analysis, Forecast, Size, Trends and Insights
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Germany: Orthopedic Artificial Joints Market Overview 2021

Orthopedic Artificial Joints Market Size in Germany

For the third consecutive year, the German orthopedic artificial joints market recorded growth in sales value, which increased by X% to $X in 2020. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2020, consumption remained at a lower figure.

Orthopedic Artificial Joints Production in Germany

In value terms, orthopedic artificial joints production amounted to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Over the period under review, production attained the maximum level in 2020 and is likely to see gradual growth in the immediate term.

Orthopedic Artificial Joints Exports

Exports from Germany

In 2020, overseas shipments of artificial joints for orthopedic purposes decreased by -X% to X tonnes, falling for the fourth year in a row after seven years of growth. In general, exports, however, saw a moderate expansion. The growth pace was the most rapid in 2008 when exports increased by X% y-o-y. Over the period under review, exports attained the maximum at X tonnes in 2016; however, from 2017 to 2020, exports stood at a somewhat lower figure.

In value terms, orthopedic artificial joints exports contracted remarkably to $X in 2020. Overall, exports, however, posted temperate growth. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Exports peaked at $X in 2014; however, from 2015 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Switzerland (X tonnes) was the main destination for orthopedic artificial joints exports from Germany, with a X% share of total exports. Moreover, orthopedic artificial joints exports to Switzerland exceeded the volume sent to the second major destination, China (X tonnes), twofold. The U.S. (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Switzerland stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+X% per year) and the U.S. (+X% per year).

In value terms, Switzerland ($X), China ($X) and the U.S. ($X) were the largest markets for orthopedic artificial joints exported from Germany worldwide, together comprising X% of total exports.

China saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average orthopedic artificial joints export price stood at $X per kg in 2020, surging by X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 when the average export price increased by X% year-to-year. Over the period under review, average export prices attained the peak figure at $X per kg in 2010; however, from 2011 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was the U.S. ($X per kg), while the average price for exports to the UK ($X per kg) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Poland, while the prices for the other major destinations experienced more modest paces of growth.

Orthopedic Artificial Joints Imports

Imports into Germany

In 2020, approx. X tonnes of artificial joints for orthopedic purposes were imported into Germany; with a decrease of -X% compared with the previous year's figure. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009 with an increase of X% year-to-year. Imports peaked at X tonnes in 2014; however, from 2015 to 2020, imports stood at a somewhat lower figure.

In value terms, orthopedic artificial joints imports dropped to $X in 2020. Overall, total imports indicated a slight expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2020, imports remained at a lower figure.

Imports by Country

Switzerland (X tonnes), the U.S. (X tonnes) and France (X tonnes) were the main suppliers of orthopedic artificial joints imports to Germany, with a combined X% share of total imports. The Netherlands, Austria, China and the UK lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria, while imports for the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X), the U.S. ($X) and Austria ($X) were the largest orthopedic artificial joints suppliers to Germany, with a combined X% share of total imports. These countries were followed by the Netherlands, France, the UK and China, which together accounted for a further X the main suppliers, the Netherlands recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average orthopedic artificial joints import price stood at $X per tonne in 2020, growing by X% against the previous year. Over the period under review, import price indicated a slight increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, orthopedic artificial joints import price increased by +X% against 2013 indices. The growth pace was the most rapid in 2013 when the average import price increased by X% y-o-y. The import price peaked in 2020 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Austria ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for artificial joints for orthopedic purposes in the world?
+
China (4.7K tonnes) constituted the country with the largest volume of orthopedic artificial joints consumption, comprising approx. 28% of total volume. Moreover, orthopedic artificial joints consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (1.8K tonnes), threefold. Japan (1.1K tonnes) ranked third in terms of total consumption with a 6.7% share.
What are the largest producers of artificial joints for orthopedic purposes in the world?
+
The countries with the highest volumes of orthopedic artificial joints production in 2020 were China (4.4K tonnes), Ireland (3K tonnes) and the U.S. (954 tonnes), together accounting for 49% of global production.
What are the leading suppliers of artificial joints for orthopedic purposes to Germany?
+
In value terms, Switzerland ($186M), the U.S. ($152M) and Austria ($76M) were the largest orthopedic artificial joints suppliers to Germany, with a combined 66% share of total imports. These countries were followed by the Netherlands, France, the UK and China, which together accounted for a further 25%.
What are the leading importers of artificial joints for orthopedic purposes from Germany?
+
In value terms, Switzerland ($223M), China ($112M) and the U.S. ($97M) constituted the largest markets for orthopedic artificial joints exported from Germany worldwide, together accounting for 51% of total exports.
What is the average export price for artificial joints for orthopedic purposes in Germany?
+
In 2020, the average orthopedic artificial joints export price amounted to $1,260 per kg, increasing by 13% against the previous year.
What is the average import price for artificial joints for orthopedic purposes in Germany?
+
The average orthopedic artificial joints import price stood at $1,054,464 per tonne in 2020, picking up by 1.5% against the previous year.

Product coverage:
• Prodcom 32502235 - Artificial joints

This report provides an in-depth analysis of the orthopedic artificial joints market in Germany. 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 2025.


Country coverage:
• Germany

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Germany
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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