Middle East: Ecg Market 2024

Ecg Market Size in the Middle East

After three years of growth, the Middle Eastern ECG market decreased by X% to $X in 2022. Over the period under review, consumption enjoyed resilient growth. Over the period under review, the market attained the maximum level at $X in 2021, and then fell in the following year.

Ecg Production in the Middle East

In value terms, ECG production declined slightly to $X in 2022 estimated in export price. Overall, production recorded a remarkable increase. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Ecg Exports

Exports in the Middle East

In 2022, shipments abroad of electro-cardiographs increased by X% to X units, rising for the second consecutive year after three years of decline. Over the period under review, exports recorded a resilient increase. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. The volume of export peaked at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, ECG exports skyrocketed to $X in 2022. In general, exports enjoyed a prominent increase. The pace of growth appeared the most rapid in 2013 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

The biggest shipments were from Israel (X units), Turkey (X units) and the United Arab Emirates (X units), together finishing at X% of total export.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Israel ($X) remains the largest ECG supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports.

In Israel, ECG exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the United Arab Emirates (X% per year) and Turkey (X% per year).

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2022, picking up by X% against the previous year. Export price indicated a perceptible expansion from 2012 to 2022: its price 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, ECG export price decreased by X% against 2016 indices. The pace of growth appeared the most rapid in 2014 an increase of X%. The level of export 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 amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Israel ($X per unit), while Turkey ($X per unit) was amongst the lowest.

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

Ecg Imports

Imports in the Middle East

In 2022, after three years of growth, there was significant decline in supplies from abroad of electro-cardiographs, when their volume decreased by X% to X units. Overall, imports recorded a deep slump. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, ECG imports totaled $X in 2022. Over the period under review, imports showed a pronounced descent. The pace of growth appeared the most rapid in 2016 with an increase of X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Qatar dominates imports structure, recording X units, which was near X% of total imports in 2022. Turkey (X units) held a little share of total imports.

Imports into Qatar decreased at an average annual rate of X% from 2012 to 2022. At the same time, Turkey (X%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. Turkey (X p.p.) significantly strengthened its position in terms of the total imports, while Qatar saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Turkey ($X) constitutes the largest market for imported electro-cardiographs in the Middle East, comprising X% of total imports. The second position in the ranking was held by Qatar ($X), with a X% share of total imports.

In Turkey, ECG imports expanded at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in the Middle East stood at $X per unit in 2022, growing by X% against the previous year. In general, the import price continues to indicate resilient growth. The pace of growth was the most pronounced in 2013 an increase of X%. Over the period under review, import prices reached the maximum at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per unit), while Qatar amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%).

Source: IndexBox Platform

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