Global Mechano-Therapy Appliances Market 2024

Mechano-Therapy Appliances Market Size

After seven years of growth, the global mechano-therapy appliances market decreased by X% to $X in 2022. In general, consumption, however, showed buoyant growth. Over the period under review, the global market reached the maximum level at $X in 2021, and then fell modestly in the following year.

Mechano-Therapy Appliances Production

In value terms, mechano-therapy appliances production shrank modestly to $X in 2022 estimated in export price. In general, the total production indicated a perceptible 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 increased by X% against 2014 indices. The pace of growth was the most pronounced in 2015 with an increase of X%. Global production peaked at $X in 2021, and then fell slightly in the following year.

Mechano-Therapy Appliances Exports

Exports

In 2022, approx. X units of mechano-therapy appliances and massage apparatus were exported worldwide; reducing by X% on the previous year. Overall, total exports indicated resilient growth 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 was the most pronounced in 2021 when exports increased by X%. As a result, the exports attained the peak of X units, and then reduced in the following year.

In value terms, mechano-therapy appliances exports fell to $X in 2022. Over the period under review, exports, however, recorded a strong increase. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then reduced in the following year.

Exports by Country

China prevails in exports structure, recording X units, which was approx. X% of total exports in 2022. The Netherlands (X units) ranks second in terms of the total exports with a X% share, followed by the United States (X%). Mexico (X units), Belgium (X units), Germany (X units) and Hungary (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to mechano-therapy appliances exports from China stood at X%. At the same time, Hungary (X%), the Netherlands (X%), Mexico (X%), the United States (X%), Belgium (X%) and Germany (X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of the Netherlands increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest mechano-therapy appliances supplier worldwide, comprising X% of global exports. The second position in the ranking was held by the United States ($X), with an X% share of global exports. It was followed by Mexico, with a X% share.

In China, mechano-therapy appliances exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the United States (X% per year) and Mexico (X% per year).

Export Prices by Country

In 2022, the average mechano-therapy appliances export price amounted to $X per unit, with a decrease of X% against the previous year. Overall, export price indicated a pronounced 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. The pace of growth was the most pronounced in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2021, and then declined in the following year.

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

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

Mechano-Therapy Appliances Imports

Imports

In 2022, purchases abroad of mechano-therapy appliances and massage apparatus decreased by X% to X units for the first time since 2015, thus ending a six-year rising trend. Overall, imports, however, saw resilient growth. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X units, and then dropped dramatically in the following year.

In value terms, mechano-therapy appliances imports shrank to $X in 2022. Over the period under review, imports, however, posted a buoyant expansion. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then dropped in the following year.

Imports by Country

In 2022, the United States (X units) was the key importer of mechano-therapy appliances and massage apparatus, comprising X% of total imports. South Korea (X units) held the second position in the ranking, followed by France (X units), Germany (X units) and the UK (X units). All these countries together took approx. X% share of total imports. The following importers - Belgium (X units), the Netherlands (X units), Japan (X units), Canada (X units), Poland (X units), Taiwan (Chinese) (X units), Australia (X units) and Spain (X units) - together made up X% of total imports.

The United States was also the fastest-growing in terms of the mechano-therapy appliances and massage apparatus imports, with a CAGR of X% from 2012 to 2022. At the same time, Belgium (X%), South Korea (X%), the Netherlands (X%), the UK (X%), Germany (X%), Spain (X%), France (X%), Canada (X%), Australia (X%), Taiwan (Chinese) (X%) and Poland (X%) displayed positive paces of growth. By contrast, Japan (X%) illustrated a downward trend over the same period. The United States (X p.p.), South Korea (X p.p.) and Belgium (X p.p.) significantly strengthened its position in terms of the global imports, while Poland and Japan 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, the United States ($X) constitutes the largest market for imported mechano-therapy appliances and massage apparatus worldwide, comprising X% of global imports. The second position in the ranking was held by Germany ($X), with a X% share of global imports. It was followed by South Korea, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (X% per year) and South Korea (X% per year).

Import Prices by Country

In 2022, the average mechano-therapy appliances import price amounted to $X per unit, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. Global import price peaked at $X per unit in 2018; however, from 2019 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 Canada ($X per unit), while Belgium ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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