Overview of the Global Market for Medical, Surgical or Laboratory Sterilizers

Market Size for Medical, Surgical or Laboratory Sterilizers

The global medical or laboratory sterilizer market totaled $X.3B in 2022, picking up by X% against the previous year. Overall, consumption enjoyed a significant expansion. Over the period under review, the global market reached the peak level at $X.6B in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Medical, Surgical or Laboratory Sterilizers

In value terms, medical or laboratory sterilizer production rose notably to $X.3B in 2022 estimated in export price. Overall, production recorded a significant increase. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. Global production peaked at $X.1B in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Medical, Surgical or Laboratory Sterilizers

Exports

In 2022, overseas shipments of medical, surgical or laboratory sterilizers increased by X% to X units, rising for the sixth consecutive year after two years of decline. In general, exports posted buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, medical or laboratory sterilizer exports totaled $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, the global exports attained the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

China prevails in exports structure, accounting for X units, which was near X% of total exports in 2022. Australia (X units) took the second position in the ranking, followed by Italy (X units). All these countries together held approx. X% share of total exports. The United States (X units), Germany (X units), India (X units), Spain (X units) and Poland (X units) followed a long way behind the leaders.

Exports from China increased at an average annual rate of X% from 2012 to 2022. At the same time, Poland (X%), Australia (X%), India (X%), Italy (X%), Spain (X%) and Germany (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. The United States experienced a relatively flat trend pattern. China (X p.p.) and Australia (X p.p.) significantly strengthened its position in terms of the global exports, while Germany and the United States saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X), China ($X) and the United States ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of global exports. Germany, Poland, Spain, Australia and India lagged somewhat behind, together comprising a further X%.

Poland, with a CAGR of X%, recorded the highest growth rate of the value of exports, among 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

The average medical or laboratory sterilizer export price stood at $X per unit in 2022, which is down by X% against the previous year. Overall, the export price continues to indicate a deep slump. The pace of growth appeared the most rapid in 2016 when the average export price increased by X% against the previous year. The global export price peaked at $X per unit in 2020; however, from 2021 to 2022, the 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 United States ($X per unit), while China ($X per unit) was amongst the lowest.

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

Imports of Medical, Surgical or Laboratory Sterilizers

Imports

In 2022, global imports of medical, surgical or laboratory sterilizers totaled X units, picking up by X% against the year before. Over the period under review, imports posted a strong expansion. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, global imports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, medical or laboratory sterilizer imports declined to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by X%. Global imports peaked at $X in 2021, and then shrank modestly in the following year.

Imports by Country

In 2022, the United States (X units), distantly followed by Russia (X units) and India (X units) represented the key importers of medical, surgical or laboratory sterilizers, together creating X% of total imports. Angola (X units), Kuwait (X units), Canada (X units), Malaysia (X units), France (X units) and Germany (X units) took a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to medical or laboratory sterilizer imports into the United States stood at X%. At the same time, Angola (X%), Kuwait (X%), India (X%), Russia (X%), France (X%), Canada (X%), Malaysia (X%) and Germany (X%) displayed positive paces of growth. Moreover, Angola emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. The United States (X p.p.), Russia (X p.p.), India (X p.p.), Angola (X p.p.) and Kuwait (X p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported medical, surgical or laboratory sterilizers worldwide, comprising X% of global imports. The second position in the ranking was taken by Russia ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value in the United States stood at X%. In the other countries, the average annual rates were as follows: Russia (X% per year) and Germany (X% per year).

Import Prices by Country

The average medical or laboratory sterilizer import price stood at $X per unit in 2022, waning by X% against the previous year. Overall, the import price showed a drastic downturn. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. Global import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a 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 Germany ($X per unit), while Angola ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (X%), while the other global leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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