China - Artificial Parts Of The Body (Excl. Artificial Teeth And Dental Fittings And Artificial Joints) - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingChina's Import of Orthopedic Prosthetics Soars to $116M in June 2023
China Orthopedic Prosthetics Imports
Orthopedic prosthetics imports into China soared to 5.4M units in June 2023, picking up by 22% compared with the previous month's figure. Over the period under review, total imports indicated a slight expansion from June 2022 to June 2023: its volume increased at an average monthly rate of +1.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, imports increased by +2.8% against March 2023 indices. The growth pace was the most rapid in March 2023 when imports increased by 65% m-o-m. Over the period under review, imports reached the maximum in June 2023.
In value terms, orthopedic prosthetics imports surged to $116M (IndexBox estimates) in June 2023. In general, total imports indicated a notable expansion from June 2022 to June 2023: its value increased at an average monthly rate of +2.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, imports increased by +124.4% against January 2023 indices. The most prominent rate of growth was recorded in March 2023 with an increase of 54% month-to-month. Imports peaked in June 2023.
| COUNTRY | Import Value of Orthopedic Prosthetics in China (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | |
| United States | 37.3 | 32.4 | 28.7 | 26.4 | 21.4 | 21.5 | 15.1 | 18.7 | 24.9 | 30.6 | 25.1 | 34.0 | 45.0 |
| Netherlands | 8.1 | 2.9 | 10.3 | 9.0 | 5.6 | 6.2 | 8.3 | 5.1 | 9.0 | 19.4 | 9.6 | 12.3 | 24.1 |
| Puerto Rico | 16.2 | 2.1 | 7.6 | 20.2 | 8.3 | 18.2 | 15.2 | 11.1 | 11.6 | 16.3 | 5.8 | 16.0 | 17.7 |
| Germany | 8.3 | 7.7 | 4.6 | 5.4 | 6.4 | 6.8 | 9.3 | 5.2 | 8.6 | 13.8 | 10.2 | 13.3 | 7.9 |
| France | 6.5 | 7.4 | 4.7 | 5.6 | 5.1 | 5.4 | 4.3 | 5.1 | 4.3 | 6.7 | 4.9 | 5.6 | 6.1 |
| Singapore | 3.9 | 5.2 | 4.8 | 1.9 | 1.1 | 2.4 | 2.5 | N/A | 0.7 | 2.6 | 3.3 | 3.7 | 5.6 |
| United Kingdom | 1.7 | 1.2 | 1.0 | 1.5 | 0.9 | 0.5 | 0.5 | 1.6 | 0.6 | 0.8 | 1.3 | 1.0 | 1.6 |
| South Korea | 0.5 | 0.3 | 0.3 | 0.3 | 0.2 | 0.4 | 0.2 | 0.2 | < 0.1 | 0.3 | 0.4 | 0.2 | 0.2 |
| Others | 9.7 | 13.6 | 9.5 | 11.6 | 9.9 | 11.1 | 9.5 | 4.8 | 3.4 | 6.8 | 7.1 | 12.0 | 8.1 |
| Total | 92.3 | 72.8 | 71.5 | 82.0 | 58.8 | 72.5 | 64.9 | 51.9 | 63.1 | 97.3 | 67.6 | 98.1 | 116 |
Imports by Country
The United States (1.3M units), Puerto Rico (1.3M units) and the Netherlands (1.1M units) were the main suppliers of orthopedic prosthetics imports to China, together accounting for 68% of total imports. These countries were followed by Germany, Singapore, France, the UK and South Korea, which together accounted for a further 24%.
From June 2022 to June 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Singapore (with a CAGR of +8.0%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the United States ($45M), the Netherlands ($24M) and Puerto Rico ($18M) were the largest orthopedic prosthetics suppliers to China, together comprising 75% of total imports.
the Netherlands, with a CAGR of +9.6%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In June 2023, the orthopedic prosthetics price amounted to $21.5 per unit (CIF, China), falling by -2.3% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 20% against the previous month. Over the period under review, average import prices reached the maximum at $22.1 per unit in May 2023, and then reduced in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($34.1 per unit), while the price for South Korea ($2.6 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.3%), while the prices for the other major suppliers experienced mixed trend patterns.
This report provides an in-depth analysis of the orthopedic prosthetics 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 32502290 - Artificial parts of the body (excluding artificial teeth and dental fittings, artificial joints, orthopaedic and fracture appliances, h eart pacemakers)
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.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORTS
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- 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 Export
- 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: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
LIST OF FIGURES
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, By Product
- Average Per Capita Consumption, By Product
- Exports and Growth, By Product
- Export Prices and Growth, By Product
- 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: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- 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, 2012–2024
- Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- 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, 2012–2024
