U.S. Electromedical And Electrotherapeutic Apparatus Market. Analysis And Forecast to 2030
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View PricingPrice for Electromedical and Electrotherapeutic Apparatus in the United States - 2023
Contents:
- Price for Electromedical and Electrotherapeutic Apparatus in the United States (CIF) - 2023
- Price for Electromedical and Electrotherapeutic Apparatus in the United States (FOB) - 2022
- Imports of Electromedical and Electrotherapeutic Apparatus in the United States
- Exports of Electromedical and Electrotherapeutic Apparatus in the United States
Price for Electromedical and Electrotherapeutic Apparatus in the United States (CIF) - 2023
The average electromedical and electrotherapeutic apparatus import price stood at $40.3 per unit in October 2023, with a decrease of -17.8% against the previous month. In general, the import price showed a slight curtailment. The pace of growth was the most pronounced in March 2023 when the average import price increased by 5.5% month-to-month. The import price peaked at $53.6 per unit in January 2023; however, from February 2023 to October 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Singapore ($134 per unit), while the price for India ($9.8 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Ireland (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electromedical and Electrotherapeutic Apparatus in the United States (FOB) - 2022
The average electromedical and electrotherapeutic apparatus export price stood at $722 per unit in 2022, growing by 18% against the previous year. In general, the export price saw a strong expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($28 per unit), while the average price for exports to the Dominican Republic ($0.2 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (-46.9%), while the prices for the other major destinations experienced a decline.
Imports of Electromedical and Electrotherapeutic Apparatus in the United States
For the fourth year in a row, the United States recorded growth in overseas purchases of electromedical and electrotherapeutic apparatus, which increased by 8.7% to 54M units in 2022. In general, imports continue to indicate a strong increase. The pace of growth was the most pronounced in 2021 with an increase of 11%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, electromedical and electrotherapeutic apparatus imports totaled $17.3B in 2022. The total import value increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 24%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the near future.
Import of Electromedical and Electrotherapeutic Apparatus in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 2,426 | 2,331 | 2,856 | 3,259 | 10.3% |
Germany | 1,702 | 1,677 | 1,925 | 2,068 | 6.7% |
Ireland | 1,674 | 1,430 | 1,722 | 1,661 | -0.3% |
Japan | 1,161 | 980 | 1,133 | 1,222 | 1.7% |
China | 734 | 709 | 849 | 1,006 | 11.1% |
Costa Rica | 288 | 294 | 372 | 661 | 31.9% |
Poland | 562 | 545 | 621 | 586 | 1.4% |
Malaysia | 316 | 265 | 389 | 561 | 21.1% |
Vietnam | 453 | 387 | 513 | 477 | 1.7% |
Dominican Republic | 286 | 333 | 393 | 467 | 17.8% |
Taiwan (Chinese) | 112 | 130 | 163 | 188 | 18.8% |
India | 137 | 116 | 145 | 172 | 7.9% |
Others | 3,290 | 3,408 | 4,515 | 5,005 | 15.0% |
Total | 13,141 | 12,605 | 15,597 | 17,332 | 9.7% |
Top Suppliers of Electromedical and Electrotherapeutic Apparatus to the United States in 2022:
- Mexico (120.8M units)
- Dominican Republic (42.6M units)
- China (34.5M units)
- Ireland (24.8M units)
- Japan (19.1M units)
- Germany (17.2M units)
- Taiwan (Chinese) (13.3M units)
- India (11.9M units)
- Costa Rica (6.9M units)
- Vietnam (6.7M units)
- Malaysia (5.3M units)
- Poland (3.2M units)
Exports of Electromedical and Electrotherapeutic Apparatus in the United States
After three years of growth, shipments abroad of electromedical and electrotherapeutic apparatus decreased by -6.7% to 20M units in 2022. Over the period under review, exports saw a perceptible reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 0.2%. As a result, the exports reached the peak of 21M units, and then contracted in the following year.
In value terms, electromedical and electrotherapeutic apparatus exports expanded remarkably to $14.1B in 2022. The total export value increased at an average annual rate of +6.4% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 11%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
Export of Electromedical and Electrotherapeutic Apparatus in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 1,421 | 1,421 | 1,578 | 2,222 | 16.1% |
China | 1,359 | 1,486 | 1,810 | 1,700 | 7.7% |
Germany | 717 | 890 | 1,106 | 1,228 | 19.6% |
Japan | 1,143 | 1,031 | 1,115 | 1,182 | 1.1% |
Mexico | 864 | 893 | 828 | 1,041 | 6.4% |
Singapore | 396 | 428 | 499 | 409 | 1.1% |
Australia | 376 | 386 | 391 | 389 | 1.1% |
South Korea | 307 | 304 | 319 | 366 | 6.0% |
India | 190 | 132 | 170 | 253 | 10.0% |
Brazil | 281 | 194 | 220 | 248 | -4.1% |
Costa Rica | 74.2 | 84.1 | 88.0 | 127 | 19.6% |
Ireland | 105 | 105 | 90.2 | 112 | 2.2% |
Dominican Republic | 49.6 | 36.0 | 52.6 | 65.4 | 9.7% |
Others | 4,439 | 4,118 | 4,540 | 4,797 | 2.6% |
Total | 11,722 | 11,506 | 12,809 | 14,140 | 6.5% |
Top Export Markets for Electromedical and Electrotherapeutic Apparatus from the United States in 2022:
- Mexico (441.3M units)
- Dominican Republic (292.7M units)
- India (254.2M units)
- China (227.3M units)
- South Korea (168.1M units)
- Germany (84.2M units)
- Singapore (82.2M units)
- Netherlands (79.8M units)
- Australia (72.1M units)
- Costa Rica (68.5M units)
- Ireland (57.3M units)
- Brazil (56.4M units)
- Japan (46.0M units)
This report provides an in-depth analysis of the market for electromedical and electrotherapeutic apparatus 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 2030.
Product coverage:
- NAICS 334510 - Electromedical and electrotherapeutic apparatus manufacturing
Companies mentioned:
- St. Jude Medical
- Zimmer Biomet Holdings
- Varian Medical Systems
- Medtronic
- Hologic, Abbott Vascular
- Zoll Medical Corporation
- Cyberonics
- Fujifilm Sonosite
- Biomerieux
- Masimo Corporation
- Starkey Laboratories
- Volcano Corporation
- Philips Ultrasound
- Thoratec Corporation
- Nxstage Medical
- Danaher Corporation
- Abiomed
- GE Medical Systems Information Technologies
- Natus Medical Incorporated
- Conmed Corporation
- Pacesetter
- Amplifon (usa)
- Zimmer
- Cynosure
- Mindray Ds Usa
- Orchid Orthopedic Solutions
- Zoll Services
- Datex-Ohmeda
- Medtronic Minimed
- Terumo Cardiovascular Systems Corporation
- Nellcor Puritan Bennett Incorporated
- Cardiac Pacemakers
- Halyard Sales
Country coverage:
- United States
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Electromedical And Electrotherapeutic Apparatus imports hit their peak in December 2023, but the value of imports decreased to $1.6B.
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