
Belgium - Electro-Diagnostic Apparatus, and Ultra-Violet or Infra-Red Ray Apparatus - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBelgium: Diagnostic Equipment Market 2025
Diagnostic Equipment Market Size in Belgium
The Belgian diagnostic equipment market dropped markedly to $X in 2021, falling by -53.3% against the previous year. In general, consumption continues to indicate a noticeable decrease. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.
Diagnostic Equipment Production in Belgium
In value terms, diagnostic equipment production plummeted to $X in 2021 estimated in export price. Over the period under review, production, however, saw a remarkable increase. The growth pace was the most rapid in 2016 with an increase of 427% against the previous year. Diagnostic equipment production peaked at $X in 2020, and then declined sharply in the following year.
Diagnostic Equipment Exports
Exports from Belgium
In 2021, exports of electro-diagnostic apparatus, and ultra-violet or infra-red ray apparatus from Belgium skyrocketed to X units, jumping by 24% on the previous year's figure. In general, exports showed a remarkable increase. The pace of growth was the most pronounced in 2018 when exports increased by 121% against the previous year. The exports peaked in 2021 and are likely to continue growth in the immediate term.
In value terms, diagnostic equipment exports rose markedly to $X in 2021. Overall, exports posted a buoyant increase. The pace of growth appeared the most rapid in 2018 with an increase of 205% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the immediate term.
Exports by Country
The Netherlands (X units), Germany (X units) and Norway (X units) were the main destinations of diagnostic equipment exports from Belgium, together accounting for 37% of total exports. These countries were followed by France, Italy, Chile, the UK, Chad, Spain, Sweden, Turkey, the Czech Republic and Poland, which together accounted for a further 34%.
From 2012 to 2021, the biggest increases were recorded for Chile (with a CAGR of +84.6%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Germany ($X), France ($X) and Italy ($X) appeared to be the largest markets for diagnostic equipment exported from Belgium worldwide, with a combined 34% share of total exports. These countries were followed by the UK, Spain, Norway, Poland, the Netherlands, the Czech Republic, Chile, Sweden, Turkey and Chad, which together accounted for a further 31%.
Chile, with a CAGR of +93.2%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2021, the average diagnostic equipment export price amounted to $X per unit, declining by -13.7% against the previous year. Over the period under review, the export price, however, posted a temperate expansion. The pace of growth appeared the most rapid in 2018 when the average export price increased by 38%. The export price peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per unit), while the average price for exports to Chad ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.
Diagnostic Equipment Imports
Imports into Belgium
After four years of growth, purchases abroad of electro-diagnostic apparatus, and ultra-violet or infra-red ray apparatus decreased by -8.8% to X units in 2021. Overall, imports, however, continue to indicate a mild expansion. The pace of growth appeared the most rapid in 2013 when imports increased by 76% against the previous year. As a result, imports attained the peak of X units. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.
In value terms, diagnostic equipment imports expanded to $X in 2021. Over the period under review, total imports indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +102.3% against 2016 indices. The pace of growth appeared the most rapid in 2017 when imports increased by 30% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in years to come.
Imports by Country
In 2021, Germany (X units) constituted the largest diagnostic equipment supplier to Belgium, accounting for a 58% share of total imports. Moreover, diagnostic equipment imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), sixfold. The United States (X units) ranked third in terms of total imports with a 6.9% share.
From 2012 to 2021, the average annual growth rate of volume from Germany stood at +26.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-3.3% per year) and the United States (-10.3% per year).
In value terms, the United States ($X), Germany ($X) and the Netherlands ($X) constituted the largest diagnostic equipment suppliers to Belgium, together accounting for 63% of total imports. These countries were followed by Israel, the UK, China, France, Malaysia, South Korea, Mexico, Canada, Singapore and Slovenia, which together accounted for a further 27%.
Slovenia, with a CAGR of +94.6%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average diagnostic equipment import price stood at $X per unit in 2021, surging by 14% against the previous year. Over the period under review, import price indicated a perceptible expansion from 2012 to 2021: its price increased at an average annual rate of +2.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, diagnostic equipment import price decreased by -21.6% against 2017 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 32% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2017; however, from 2018 to 2021, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Israel ($X per unit), while the price for Slovenia ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+24.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the diagnostic equipment market in Belgium. 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 26601230 - Electro-cardiographs
- Prodcom 26601280 - Electro-diagnostic, apparatus (excluding electrocardiographs), n .e.c.
- Prodcom 26601300 - Ultraviolet or infrared apparatus used in medical, surgical, d ental or veterinary sciences
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- 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
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