Report Update Apr 1, 2024

Slovenia - Instruments Used in Medical Sciences - Market Analysis, Forecast, Size, Trends and Insights

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Slovenia: Medical Instruments Market 2024

Medical Instruments Market Size in Slovenia

The Slovene medical instruments market expanded markedly to $X in 2022, with an increase of 12% against the previous year. In general, consumption, however, saw a slight setback. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Medical Instruments Production in Slovenia

In value terms, medical instruments production dropped dramatically to $X in 2022 estimated in export price. In general, production, however, recorded a resilient increase. The growth pace was the most rapid in 2020 when the production volume increased by 149%. Medical instruments production peaked at $X in 2021, and then dropped notably in the following year.

Medical Instruments Exports

Exports from Slovenia

In 2022, shipments abroad of instruments used in medical sciences increased by 20% to X tons, rising for the sixth year in a row after three years of decline. Over the period under review, exports continue to indicate a significant increase. The growth pace was the most rapid in 2018 with an increase of 585%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, medical instruments exports expanded sharply to $X in 2022. In general, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of 217%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Germany (X tons), Italy (X tons) and Spain (X tons) were the main destinations of medical instruments exports from Slovenia, together accounting for 90% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +178.2%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for instruments used in medical sciences exports from Slovenia, comprising 34% of total exports. The second position in the ranking was held by Italy ($X), with a 13% share of total exports. It was followed by Spain, with a 2.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to +57.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+5.2% per year) and Spain (+88.9% per year).

Export Prices by Country

In 2022, the average medical instruments export price amounted to $X per ton, falling by -5.9% against the previous year. Overall, the export price recorded a deep reduction. The most prominent rate of growth was recorded in 2016 an increase of 18% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (-12.6%), while the prices for the other major destinations experienced a decline.

Medical Instruments Imports

Imports into Slovenia

In 2022, approx. X tons of instruments used in medical sciences were imported into Slovenia; picking up by 33% compared with 2021. Overall, imports saw a significant expansion. The growth pace was the most rapid in 2018 when imports increased by 910% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, medical instruments imports rose remarkably to $X in 2022. In general, imports saw a strong increase. The pace of growth was the most pronounced in 2018 with an increase of 189% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

Serbia (X tons), Turkey (X tons) and Hungary (X tons) were the main suppliers of medical instruments imports to Slovenia, with a combined 95% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +95.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Serbia ($X), Turkey ($X) and Hungary ($X) constituted the largest medical instruments suppliers to Slovenia, together accounting for 70% of total imports.

In terms of the main suppliers, Turkey, with a CAGR of +71.3%, saw 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

The average medical instruments import price stood at $X per ton in 2022, dropping by -15.3% against the previous year. Over the period under review, the import price faced a abrupt slump. The most prominent rate of growth was recorded in 2017 when the average import price increased by 42%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Serbia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for instruments used in medical sciences in the world?

The countries with the highest volumes of consumption in 2022 were the United States, China and India, together comprising 42% of global consumption. Germany, Japan, the Netherlands, Bangladesh, Pakistan, Indonesia, Malaysia, France, South Korea and Italy lagged somewhat behind, together comprising a further 26%.

What are the largest producers of instruments used in medical sciences in the world?

China constituted the country with the largest volume of medical instruments production, comprising approx. 25% of total volume. Moreover, medical instruments production in China exceeded the figures recorded by the second-largest producer, Mexico, twofold. The third position in this ranking was held by India, with a 7.6% share.

What are the leading suppliers of instruments used in medical sciences to Slovenia?

In value terms, the largest medical instruments suppliers to Slovenia were Serbia, Turkey and Hungary, with a combined 70% share of total imports.

What are the leading importers of instruments used in medical sciences from Slovenia?

In value terms, Germany remains the key foreign market for instruments used in medical sciences exports from Slovenia, comprising 34% of total exports. The second position in the ranking was held by Italy, with a 13% share of total exports. It was followed by Spain, with a 2.5% share.

What is the average export price for instruments used in medical sciences in Slovenia?

The average medical instruments export price stood at $11,209 per ton in 2022, reducing by -5.9% against the previous year.

What is the average import price for instruments used in medical sciences in Slovenia?

In 2022, the average medical instruments import price amounted to $9,284 per ton, declining by -15.3% against the previous year.

This report provides an in-depth analysis of the medical instruments market in Slovenia. 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 2030.

Product coverage:

Prodcom 32501333 - Instruments and apparatus for measuring blood-pressure (including sphygmomanometers, tensiometers, oscillometers)
Prodcom 32501335 - Endoscopes for medical purposes
Prodcom 32501353 - Renal dialysis equipment
Prodcom 32501355 - Diathermic apparatus (including ultrasonic)
Prodcom 32501363 - Transfusion apparatus (excluding special blood storage glass bottles)
Prodcom 32501365 - Anaesthetic apparatus and instruments
Prodcom 32501370 - Instruments and appliances used in medical, surgical or veterinary sciences, n.e.s.

Country coverage:

Slovenia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Slovenia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
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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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023