Latest Report Update: Sep 26, 2021

U.S. Surgical And Medical Instrument Market. Analysis And Forecast to 2025
Update: COVID-19 Impact

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U.S.: Overview of the Market for Surgical And Medical Instruments 2021

Market Size for Surgical And Medical Instruments in the U.S.

In 2020, the U.S. surgical and medical instrument market increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption recorded a noticeable increase. The most prominent rate of growth was recorded in 2016 when the market value increased by X% against the previous year. As a result, consumption reached the peak level of $X. from 2017 to 2020, the growth of the market failed to regain the momentum.

Production of Surgical And Medical Instruments in the U.S.

In value terms, surgical and medical instrument production stood at $X in 2020. In general, production, however, continues to indicate a slight increase. The growth pace was the most rapid in 2015 when the production volume increased by X% y-o-y. Over the period under review, production hit record highs in 2020 and is expected to retain growth in the near future.

Exports of Surgical And Medical Instruments

Exports from the U.S.

In 2020, shipments abroad of surgical and medical instruments decreased by -X% to X tonnes, falling for the second consecutive year after two years of growth. In general, exports showed a noticeable curtailment. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, exports hit record highs at X tonnes in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

In value terms, surgical and medical instrument exports dropped to $X in 2020. Overall, exports enjoyed a modest expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Exports peaked at $X in 2019, and then dropped in the following year.

Exports by Country

Canada (X tonnes), Belgium (X tonnes) and the Netherlands (X tonnes) were the main destinations of surgical and medical instrument exports from the U.S., together accounting for X% of total exports. These countries were followed by Mexico, Japan, Germany, China, Singapore, Ireland, Switzerland, Australia, the UK and the Dominican Republic, which together accounted for a further X 2013 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ireland, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for surgical and medical instrument exported from the U.S. were the Netherlands ($X), Mexico ($X) and China ($X), together accounting for X% of total exports.

China recorded 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 surgical and medical instrument export price stood at $X per tonne in 2020, picking up by X% against the previous year. Over the period under review, the export price showed noticeable growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% y-o-y. Over the period under review, average export prices reached the peak figure in 2020 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was China ($X per tonne), while the average price for exports to Ireland ($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 China, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Surgical And Medical Instruments

Imports into the U.S.

After two years of growth, purchases abroad of surgical and medical instruments decreased by -X% to X tonnes in 2020. Over the period under review, imports, however, posted tangible growth. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, imports reached the peak of X tonnes. from 2017 to 2020, the growth imports remained at a lower figure.

In value terms, surgical and medical instrument imports contracted modestly to $X in 2020. Overall, imports, however, posted a strong increase. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. Over the period under review, imports reached the peak figure at $X in 2019, and then contracted modestly in the following year.

Imports by Country

China (X tonnes), Mexico (X tonnes) and Germany (X tonnes) were the main suppliers of surgical and medical instrument imports to the U.S., together comprising X% of total imports.

From 2013 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China, while imports for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) constituted the largest supplier of surgical and medical instrument to the U.S., comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by Costa Rica, with a X% share.

From 2013 to 2020, the average annual growth rate of value from Mexico stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Costa Rica (+X% per year).

Import Prices by Country

In 2020, the average surgical and medical instrument import price amounted to $X per tonne, rising by X% against the previous year. Over the period under review, the import price saw buoyant growth. The growth pace was the most rapid in 2017 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 near future.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the leading suppliers of surgical and medical instruments to the U.S.?
+
In value terms, Mexico ($4.9B) constituted the largest supplier of surgical and medical instrument to the U.S., comprising 28% of total imports. The second position in the ranking was occupied by China ($1.9B), with a 11% share of total imports. It was followed by Costa Rica, with a 11% share.
What are the leading importers of surgical and medical instruments from the U.S.?
+
In value terms, the Netherlands ($2.5B), Mexico ($2B) and China ($1.6B) appeared to be the largest markets for surgical and medical instrument exported from the U.S. worldwide, with a combined 35% share of total exports.
What is the average export price for surgical and medical instruments in the U.S.?
+
In 2020, the average surgical and medical instrument export price amounted to $35,762 per tonne, with an increase of 19% against the previous year.
What is the average import price for surgical and medical instruments in the U.S.?
+
The average surgical and medical instrument import price stood at $36,027 per tonne in 2020, jumping by 17% against the previous year.

Product coverage:
• NAICS 339112 - Surgical and medical instrument manufacturing

This report provides an in-depth analysis of the market for surgical and medical instrument in the U.S.. 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.


Companies mentioned:
• Stryker Corporation
• 3M Company
• Boston Scientific Corporation
• C. R. Bard
• Becton
• Dickinson and Company
• Medline Industries
• Carefusion Corporation
• Synthes
• Beckman Coulter
• Abbott Medical Optics
• Teleflex Incorporated
• Nuvasive
• Intuitive Surgical
• Haemonetics Corporation
• B. Braun Medical
• Resmed Inc.
• Convatec
• Vention Medical
• Tecomet
• Baxter Healthcare Corporation
• Acelity L.P.
• Alcon Laboratories
• Mallinckrodt
• Integra Lifesciences Holdings Corporation
• Hill-Rom Holdings
• Francis W Lavelle
• Medtronic Usa
• Accellent Holdings Corp.
• Guidant Sales
• Fresenius Medical Care Holdings

Country coverage:
• USA

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• 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 2013–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2013–2020
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, 2013–2020
Table 3:
Market Value, 2013–2020
Table 4:
Per Capita Consumption In 2013–2020
Table 5:
Imports, In Physical Terms, By Country, 2013–2020
Table 6:
Imports, In Value Terms, By Country, 2013–2020
Table 7:
Import Prices, By Country Of Origin, 2013–2020
Table 8:
Exports, In Physical Terms, By Country, 2013–2020
Table 9:
Exports, In Value Terms, By Country, 2013–2020
Table 10:
Export Prices, By Country Of Destination, 2013–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2013–2020
Figure 2:
Market Value, 2013–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2013–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2013–2020
Figure 5:
Trade Balance, In Physical Terms, 2013–2020
Figure 6:
Trade Balance, In Value Terms, 2013–2020
Figure 7:
Per Capita Consumption, 2013–2020
Figure 8:
Market Forecast To 2030
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, 2013–2020
Figure 21:
Production, In Value Terms, 2013–2020
Figure 22:
Imports, In Physical Terms, 2013–2020
Figure 23:
Imports, In Value Terms, 2013–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2013–2020
Figure 26:
Imports, In Value Terms, By Country, 2013–2020
Figure 27:
Import Prices, By Country Of Origin, 2013–2020
Figure 28:
Exports, In Physical Terms, 2013–2020
Figure 29:
Exports, In Value Terms, 2013–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2013–2020
Figure 32:
Exports, In Value Terms, By Country, 2013–2020
Figure 33:
Export Prices, By Country Of Destination, 2013–2020

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