China - Orthopaedic Appliances And Splints - Market Analysis, Forecast, Size, Trends And Insights
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View PricingChina Sees a 3% Rise in Orthopaedic Appliances Export, Reaching $73 Million in September 2024
China Orthopaedic Appliances Exports
In September 2024, after six months of growth, there was significant decline in shipments abroad of orthopaedic appliances and splints, when their volume decreased by -7.2% to 27M units. Over the period under review, total exports indicated a notable expansion from September 2023 to September 2024: its volume increased at an average monthly rate of +2.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2024 figures, exports increased by +74.5% against February 2024 indices. The most prominent rate of growth was recorded in March 2024 with an increase of 27% month-to-month. Over the period under review, the exports hit record highs at 29M units in August 2024, and then contracted in the following month.
In value terms, orthopaedic appliances exports expanded to $73M (IndexBox estimates) in September 2024. The total export value increased at an average monthly rate of +1.3% from September 2023 to September 2024; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. The pace of growth was the most pronounced in March 2024 when exports increased by 31% month-to-month. Over the period under review, the exports attained the maximum at 76M units in June 2024; however, from July 2024 to September 2024, the exports failed to regain momentum.
| COUNTRY | Export Value of Orthopaedic Appliances in China (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sep 2023 | Oct 2023 | Nov 2023 | Dec 2023 | Jan 2024 | Feb 2024 | Mar 2024 | Apr 2024 | May 2024 | Jun 2024 | Jul 2024 | Aug 2024 | Sep 2024 | |
| United States | 19.2 | 17.0 | 21.4 | 20.5 | 21.4 | 14.7 | 20.3 | 21.3 | 20.2 | 19.6 | 21.9 | 21.8 | 21.7 |
| Germany | 3.7 | 2.5 | 2.0 | 2.2 | 3.2 | 2.3 | 4.3 | 4.8 | 3.9 | 4.2 | 4.3 | 5.1 | 4.7 |
| Australia | 3.0 | 3.2 | 3.0 | 3.3 | 3.1 | 2.6 | 3.0 | 2.8 | 3.7 | 2.6 | 3.1 | 3.5 | 3.2 |
| Mexico | 2.7 | 1.7 | 2.3 | 2.4 | 2.6 | 2.5 | 1.7 | 2.9 | 2.8 | 2.6 | 1.7 | 2.5 | 2.8 |
| Russia | 3.7 | 2.7 | 1.3 | 2.7 | 3.7 | 1.5 | 2.6 | 2.3 | 3.0 | 1.8 | 4.2 | 1.8 | 2.8 |
| France | 1.4 | 1.2 | 1.5 | 1.7 | 1.7 | 1.1 | 2.2 | 1.7 | 2.9 | 2.4 | 2.8 | 2.2 | 2.2 |
| United Kingdom | 1.9 | 1.5 | 1.7 | 1.8 | 2.0 | 1.5 | 1.5 | 2.0 | 1.9 | 1.5 | 2.1 | 2.1 | 2.1 |
| Others | 26.9 | 23.3 | 25.9 | 29.2 | 31.3 | 22.4 | 28.2 | 35.2 | 35.0 | 41.1 | 34.0 | 31.8 | 33.5 |
| Total | 62.5 | 53.1 | 59.1 | 64.0 | 69.0 | 48.7 | 63.8 | 73.2 | 73.3 | 75.8 | 74.1 | 70.8 | 72.9 |
Exports by Country
The United States (13M units) was the main destination for orthopaedic appliances exports from China, with a 47% share of total exports. Moreover, orthopaedic appliances exports to the United States exceeded the volume sent to the second major destination, Germany (2.6M units), fivefold. The UK (1M units) ranked third in terms of total exports with a 3.8% share.
From September 2023 to September 2024, the average monthly growth rate of volume to the United States totaled +4.5%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Germany (+4.0% per month) and the UK (+0.5% per month).
In value terms, the United States ($22M) remains the key foreign market for orthopaedic appliances exports from China, comprising 30% of total exports. The second position in the ranking was taken by Germany ($4.7M), with a 6.5% share of total exports. It was followed by Australia, with a 4.3% share.
From September 2023 to September 2024, the average monthly growth rate of value to the United States stood at +1.0%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Germany (+2.1% per month) and Australia (+0.5% per month).
Export Prices by Country
In September 2024, the orthopaedic appliances price amounted to $2.7 per unit (FOB, China), picking up by 11% against the previous month. Overall, the export price, however, continues to indicate a slight reduction. Over the period under review, the average export prices attained the peak figure at $3.2 per unit in March 2024; however, from April 2024 to September 2024, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In September 2024, the country with the highest price was France ($4.2 per unit), while the average price for exports to Spain ($1.1 per unit) was amongst the lowest.
From September 2023 to September 2024, the most notable rate of growth in terms of prices was recorded for supplies to France (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the orthopaedic appliances market in China. 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:
- Prodcom 32502239 - Orthopaedic appliances, splints and other fracture appliances
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
