Global Orthopedic Artificial Joints Market 2024

Orthopedic Artificial Joints Market Size

In 2022, the global orthopedic artificial joints market increased by X% to $X, rising for the sixth consecutive year after two years of decline. In general, the total consumption indicated a prominent expansion 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, consumption increased by X% against 2016 indices. Global consumption peaked in 2022 and is expected to retain growth in the immediate term.

Orthopedic Artificial Joints Production

In value terms, orthopedic artificial joints production rose rapidly to $X in 2022 estimated in export price. Overall, the total production indicated a tangible increase 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 pace of growth was the most pronounced in 2020 with an increase of X%. As a result, production attained the peak level of $X. From 2021 to 2022, global production growth remained at a lower figure.

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 Artificial Joints Exports

Exports

Global orthopedic artificial joints exports skyrocketed to X units in 2022, growing by X% against the previous year. Overall, total exports indicated a tangible expansion from 2012 to 2022: its volume 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, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, the global exports attained the peak figure at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, orthopedic artificial joints exports rose significantly to $X in 2022. In general, total exports indicated buoyant 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The global exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Ireland (X units), distantly followed by the Netherlands (X units), the UK (X units), Belgium (X units), France (X units), Switzerland (X units) and Germany (X units) represented the major exporters of artificial joints for orthopedic purposes, together constituting X% of total exports.

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

In value terms, the largest orthopedic artificial joints supplying countries worldwide were the Netherlands ($X), Ireland ($X) and Belgium ($X), together accounting for X% of global exports.

The Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average orthopedic artificial joints export price amounted to $X per unit, with a decrease of X% against the previous year. In general, export price indicated a tangible increase 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, orthopedic artificial joints export price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2021 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other global leaders experienced more modest paces of growth.

Orthopedic Artificial Joints Imports

Imports

In 2022, the amount of artificial joints for orthopedic purposes imported worldwide skyrocketed to X units, rising by X% against the previous year. In general, total imports indicated a buoyant expansion from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, global imports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, orthopedic artificial joints imports expanded rapidly to $X in 2022. Overall, total imports indicated buoyant 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, global imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Ireland (X units), distantly followed by Belgium (X units), the Netherlands (X units), the United States (X units) and the UK (X units) were the major importers of artificial joints for orthopedic purposes, together comprising X% of total imports. Germany (X units), Italy (X units), Switzerland (X units), Spain (X units), France (X units) and Australia (X units) held a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Ireland (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest orthopedic artificial joints importing markets worldwide were the United States ($X), the Netherlands ($X) and Belgium ($X), together comprising X% of global imports.

The Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average orthopedic artificial joints import price amounted to $X per unit, reducing by X% against the previous year. Overall, the import price recorded a mild contraction. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Global import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 the United States ($X per unit), while Ireland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :