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Portugal - Artificial Parts Of The Body (Excl. Artificial Teeth And Dental Fittings And Artificial Joints) - Market Analysis, Forecast, Size, Trends and Insights
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Portugal: Orthopedic Prosthetics Market Overview 2021

Orthopedic Prosthetics Market Size in Portugal

In 2020, after two years of growth, there was significant decline in the Portuguese orthopedic prosthetics market, when its value decreased by -X% to $X. Over the period under review, the total consumption indicated a noticeable expansion from 2007 to 2020: its value 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, consumption increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2010 when the market value increased by X% year-to-year. Over the period under review, the market hit record highs at $X in 2019, and then declined in the following year.

Orthopedic Prosthetics Production in Portugal

In value terms, orthopedic prosthetics production contracted to $X in 2020 estimated in export prices. Over the period under review, production faced a deep slump. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% y-o-y. Orthopedic prosthetics production peaked at $X in 2007; however, from 2008 to 2020, production failed to regain the momentum.

Orthopedic Prosthetics Exports

Exports from Portugal

In 2020, approx. X tonnes of artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) were exported from Portugal; rising by X% compared with 2019 figures. In general, exports saw a prominent increase. The pace of growth appeared the most rapid in 2014 when exports increased by X% y-o-y. As a result, exports reached the peak of X tonnes. From 2015 to 2020, the growth exports failed to regain the momentum.

In value terms, orthopedic prosthetics exports stood at $X in 2020. Overall, exports enjoyed a resilient expansion. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, exports reached the peak of $X. From 2015 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

The UK (X tonnes), the Netherlands (X tonnes) and Belgium (X tonnes) were the main destinations of orthopedic prosthetics exports from Portugal, together comprising X% of total exports. Spain, Germany, Angola and Brazil lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Brazil (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) remains the key foreign market for orthopedic prosthetics exports from Portugal, comprising X% of total exports. The second position in the ranking was occupied by the UK ($X), with a X% share of total exports. It was followed by Belgium, with a X% share.

From 2007 to 2020, the average annual growth rate of value to the Netherlands amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+X% per year) and Belgium (+X% per year).

Export Prices by Country

The average orthopedic prosthetics export price stood at $X per tonne in 2020, standing approx. at the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average export price increased by X% y-o-y. As a result, export price reached the peak level of $X per tonne. From 2016 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the Netherlands ($X per tonne), while the average price for exports to Angola ($X per tonne) was amongst the lowest.

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

Orthopedic Prosthetics Imports

Imports into Portugal

In 2020, after two years of growth, there was significant decline in purchases abroad of artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints), when their volume decreased by -X% to X tonnes. In general, total imports indicated perceptible growth from 2007 to 2020: its volume 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, imports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of X tonnes, and then dropped in the following year.

In value terms, orthopedic prosthetics imports reduced to $X in 2020. Overall, total imports indicated a measured 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. The growth pace was the most rapid in 2009 with an increase of X% year-to-year. Over the period under review, imports attained the maximum at $X in 2019, and then fell in the following year.

Imports by Country

In 2020, France (X tonnes) constituted the largest supplier of orthopedic prosthetics to Portugal, accounting for a X% share of total imports. Moreover, orthopedic prosthetics imports from France exceeded the figures recorded by the second-largest supplier, Spain (X tonnes), twofold. The third position in this ranking was occupied by the Netherlands (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from France stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+X% per year) and the Netherlands (+X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of orthopedic prosthetics to Portugal, comprising X% of total imports. The second position in the ranking was occupied by Spain ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

From 2007 to 2020, the average annual growth rate of value from the Netherlands stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+X% per year) and Belgium (+X% per year).

Import Prices by Country

The average orthopedic prosthetics import price stood at $X per tonne in 2020, approximately equating the previous year. In general, import price indicated slight growth 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 prosthetics import price decreased by -X% against 2018 indices. The growth pace was the most rapid in 2009 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per tonne in 2018; however, from 2019 to 2020, import prices failed to regain the momentum.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) in the world?
+
The countries with the highest volumes of orthopedic prosthetics consumption in 2020 were the U.S. (11K tonnes), China (6.1K tonnes) and Germany (3K tonnes), together accounting for 54% of global consumption.
What are the largest producers of artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) in the world?
+
The countries with the highest volumes of orthopedic prosthetics production in 2020 were China (5.9K tonnes), Ireland (4.1K tonnes) and the U.S. (3.5K tonnes), with a combined 46% share of global production. These countries were followed by Germany, India, the Netherlands, Indonesia, Mexico, Singapore, the UK, France and Costa Rica, which together accounted for a further 40%.
What are the leading suppliers of artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) to Portugal?
+
In value terms, the Netherlands ($20M) constituted the largest supplier of orthopedic prosthetics to Portugal, comprising 42% of total imports. The second position in the ranking was occupied by Spain ($8.7M), with a 18% share of total imports. It was followed by Belgium, with a 17% share.
What are the leading importers of artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) from Portugal?
+
In value terms, the Netherlands ($5.5M) remains the key foreign market for orthopedic prosthetics exports from Portugal, comprising 62% of total exports. The second position in the ranking was occupied by the UK ($1.3M), with a 14% share of total exports. It was followed by Belgium, with a 10% share.
What is the average export price for artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) in Portugal?
+
In 2020, the average orthopedic prosthetics export price amounted to $668,174 per tonne, stabilizing at the previous year.
What is the average import price for artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) in Portugal?
+
In 2020, the average orthopedic prosthetics import price amounted to $557,992 per tonne, remaining constant against the previous year.

Product coverage:
• Prodcom 32502290 - Artificial parts of the body (excluding artificial teeth and dental fittings, artificial joints, orthopaedic and fracture appliances, h eart pacemakers)

This report provides an in-depth analysis of the orthopedic prosthetics market in Portugal. 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:
• Portugal

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Portugal
• 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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