U.S. - Artificial Parts Of The Body (Excl. Artificial Teeth And Dental Fittings And Artificial Joints) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingOrthopedic Prosthetics Prices in the United States
U.S. Orthopedic Prosthetics Import Price per Ton in August 2022
In August 2022, the orthopedic prosthetics price per ton stood at $283.2K (CIF, US), falling by -4.5% against the previous month. Over the last seven-month period, it increased at an average monthly rate of +2.3%. The most prominent rate of growth was recorded in March 2022 an increase of 65% m-o-m. Over the period under review, average import prices reached the peak figure at $296.5K per ton in July 2022, and then reduced in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Ireland ($538.8K per ton), while the price for China ($11.2K per ton) was amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by Costa Rica (+13.3%), while the prices for the other major suppliers experienced a decline.
U.S. Orthopedic Prosthetics Imports
In August 2022, orthopedic prosthetics imports into the United States stood at 1.4K tons, surging by 15% on the previous month. The total import volume increased at an average monthly rate of +2.9% over the period from January 2022 to August 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. The pace of growth was the most pronounced in February 2022 with an increase of 25% m-o-m.
In value terms, orthopedic prosthetics imports expanded sharply to $397M (IndexBox estimates) in August 2022. In general, total imports indicated a strong expansion from January 2022 to August 2022: its value increased at an average monthly rate of +5.3% over the last seven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2022 figures, imports decreased by -9.6% against June 2022 indices. The most prominent rate of growth was recorded in March 2022 when imports increased by 70% m-o-m.
U.S. Orthopedic Prosthetics Imports by Country
Ireland (412 tons), Costa Rica (326 tons) and Germany (228 tons) were the main suppliers of orthopedic prosthetics imports to the United States, with a combined 69% share of total imports.
From January 2022 to August 2022, the biggest increases were in Germany (with a CAGR of +17.1%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Ireland ($222M) constituted the largest supplier of orthopedic prosthetics to the United States, comprising 56% of total imports. The second position in the ranking was held by Costa Rica ($71M), with an 18% share of total imports. It was followed by Mexico, with a 3.6% share.
From January 2022 to August 2022, the average monthly growth rate of value from Ireland totaled +2.6%. The remaining supplying countries recorded the following average monthly rates of imports growth: Costa Rica (+10.4% per month) and Mexico (+0.8% per month).
This report provides an in-depth analysis of the orthopedic prosthetics market 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:
- Prodcom 32502290 - Artificial parts of the body (excluding artificial teeth and dental fittings, artificial joints, orthopaedic and fracture appliances, h eart pacemakers)
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
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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 2012–2023
- 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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In August 2022, the orthopedic prosthetics price per ton amounted to $283.2K (CIF, US), reducing by -4.5% against the previous month.
193
In April 2023, the artificial teeth price stood at $33.6 per unit (CIF, US), waning by -4.2% against the previous month.
202
In May 2023, the price of the Hearing Aid reached $206 per unit (CIF, US), showing a 4.5% increase compared to the previous month.
521
In June 2022, the average hearing aid import price amounted to $205 per unit, jumping by 27% against the previous month
320
The average pacemaker import price stood at $3,680 per unit in July 2022, reducing by -1.6% against the previous month.
305
The average pacemaker import price stood at $3,741 per unit in June 2022, declining by -7.9% against the previous month
739
In June 2022, the polypropylene in primary forms price per ton stood at $2,390 per ton in June 2022, which is down by -1.9% against the previous month.
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In February 2023, the tea price decreased to $4,187 per ton (CIF, US), a drop of -12.3% compared to the previous month.
