Report Update Feb 1, 2025

Bulgaria - Electro-Cardiographs - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Ecg Market 2025

Ecg Market Size in Bulgaria

For the tenth year in a row, the Bulgarian ECG market recorded growth in sales value, which increased by 0.4% to $X in 2021. Over the period under review, consumption, however, continues to indicate a prominent increase. Consumption peaked in 2021 and is expected to retain growth in the immediate term.

Ecg Production in Bulgaria

In value terms, ECG production rose slightly to $X in 2021 estimated in export price. In general, production, however, saw resilient growth. The growth pace was the most rapid in 2017 when the production volume increased by 33% against the previous year. Production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Ecg Exports

Exports by Country

The Philippines (X units), Kazakhstan (X units) and Poland (X units) were the main destinations of ECG exports from Bulgaria, with a combined 36% share of total exports. Indonesia, Romania, Vietnam, the Czech Republic, Georgia, Mexico, Turkey, El Salvador, Slovakia and Guatemala lagged somewhat behind, together accounting for a further 43%.

From 2012 to 2021, the biggest increases were recorded for Georgia (with a CAGR of +106.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for ECG exported from Bulgaria were Poland ($X), Romania ($X) and Indonesia ($X), together accounting for 44% of total exports. Kazakhstan, the Czech Republic, the Philippines, Mexico, Vietnam, Slovakia, Turkey, Guatemala, Georgia and El Salvador lagged somewhat behind, together comprising a further 37%.

The Philippines, with a CAGR of +91.1%, recorded the highest growth rate of 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.

Ecg Imports

Imports into Bulgaria

In 2021, after four years of growth, there was significant decline in supplies from abroad of electro-cardiographs, when their volume decreased by -20.2% to X units. Over the period under review, imports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 115%. Over the period under review, imports hit record highs at X units in 2020, and then dropped sharply in the following year.

In value terms, ECG imports rose significantly to $X in 2021. In general, imports, however, continue to indicate strong growth. The growth pace was the most rapid in 2013 when imports increased by 86% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in years to come.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electro-cardiographs in the world?

Denmark constituted the country with the largest volume of ecg consumption, accounting for 98% of total volume.

What are the largest producers of electro-cardiographs in the world?

Denmark constituted the country with the largest volume of ecg production, comprising approx. 97% of total volume.

What are the leading suppliers of electro-cardiographs to Bulgaria?

In value terms, the largest ecg suppliers to Bulgaria were China, the Czech Republic and Germany, with a combined 76% share of total imports.

What are the leading importers of electro-cardiographs from Bulgaria?

In value terms, the largest markets for ecg exported from Bulgaria were Poland, Indonesia and Kazakhstan, together comprising 40% of total exports. These countries were followed by the Czech Republic, Romania, Mexico, the Philippines, Hungary, Oman and Tajikistan, which together accounted for a further 33%.

What is the average export price for electro-cardiographs in Bulgaria?

In 2020, the average ecg export price amounted to $746 per unit, with a decrease of -61.4% against the previous year.

What is the average import price for electro-cardiographs in Bulgaria?

In 2020, the average ecg import price amounted to $326 per unit, declining by -49.2% against the previous year.

This report provides an in-depth analysis of the ecg market in Bulgaria. 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

Country coverage:

Bulgaria

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Bulgaria
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024