Kuwait: Orthopedic Prosthetics Market 2024

Orthopedic Prosthetics Market Size in Kuwait

In 2022, the Kuwaiti orthopedic prosthetics market increased by X% to $X, rising for the third year in a row after four years of decline. Overall, consumption saw a relatively flat trend pattern. Orthopedic prosthetics consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Orthopedic Prosthetics Production in Kuwait

In value terms, orthopedic prosthetics production stood at $X in 2022 estimated in export price. Over the period under review, the total production indicated mild growth 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, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Orthopedic Prosthetics Exports

Exports from Kuwait

Orthopedic prosthetics exports from Kuwait contracted dramatically to X units in 2022, waning by X% on the previous year. Over the period under review, exports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, orthopedic prosthetics exports shrank dramatically to $X in 2022. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X units) was the main destination for orthopedic prosthetics exports from Kuwait, accounting for a X% share of total exports. Moreover, orthopedic prosthetics exports to the Netherlands exceeded the volume sent to the second major destination, Jordan (X units), threefold.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands amounted to X%.

In value terms, the Netherlands ($X) remains the key foreign market for artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) exports from Kuwait, comprising X% of total exports. The second position in the ranking was held by Jordan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands stood at X%.

Export Prices by Country

The average orthopedic prosthetics export price stood at $X per unit in 2022, jumping by X% against the previous year. Over the period under review, the export price, however, saw a abrupt downturn. The export price peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Jordan amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%).

Orthopedic Prosthetics Imports

Imports into Kuwait

In 2022, approx. X units of artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) were imported into Kuwait; rising by X% compared with 2021. Overall, total imports indicated buoyant growth from 2013 to 2022: its volume increased at an average annual rate of X% over the last nine-year period. 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. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, orthopedic prosthetics imports rose markedly to $X in 2022. Over the period under review, total imports indicated a perceptible increase from 2013 to 2022: its value increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United States (X units), Singapore (X units) and Mexico (X units) were the main suppliers of orthopedic prosthetics imports to Kuwait, together comprising X% of total imports.

From 2013 to 2022, the biggest increases were recorded for Singapore (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest orthopedic prosthetics suppliers to Kuwait were the United States ($X), Singapore ($X) and Mexico ($X), with a combined X% share of total imports.

In terms of the main suppliers, Singapore, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the average orthopedic prosthetics import price amounted to $X per unit, shrinking by X% against the previous year. In general, the import price recorded a deep contraction. The most prominent rate of growth was recorded in 2015 an increase of X%. The import price peaked at $X per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ireland ($X per unit), while the price for Singapore ($X per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :