Central Asia: Diagnostic Equipment Market 2025

Diagnostic Equipment Market Size in Central Asia

In 2021, the Central Asian diagnostic equipment market increased by 0.2% to $X, rising for the fifth year in a row after two years of decline. Overall, consumption saw a buoyant increase. Over the period under review, the market attained the peak level in 2021 and is expected to retain growth in the near future.

Diagnostic Equipment Production in Central Asia

In value terms, diagnostic equipment production reduced to $X in 2021 estimated in export price. Over the period under review, production saw a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of 53%. Over the period under review, production attained the peak level at $X in 2020, and then dropped in the following year.

Diagnostic Equipment Exports

Exports in Central Asia

Diagnostic equipment exports shrank remarkably to X units in 2021, declining by -56.8% compared with 2020. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 364%. As a result, the exports reached the peak of X units, and then declined markedly in the following year.

In value terms, diagnostic equipment exports contracted sharply to $X in 2021. Over the period under review, exports showed a mild contraction. The most prominent rate of growth was recorded in 2015 with an increase of 159% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2020, and then contracted rapidly in the following year.

Exports by Country

Kazakhstan represented the major exporting country with an export of about X units, which resulted at 49% of total exports. Kyrgyzstan (X units) held a 22% share (based on physical terms) of total exports, which put it in second place, followed by Turkmenistan (15%) and Mongolia (9.7%). The following exporters - Tajikistan (X units) and Uzbekistan (X units) - each reached a 3.9% share of total exports.

Exports from Kazakhstan decreased at an average annual rate of -3.8% from 2012 to 2021. At the same time, Uzbekistan (+64.2%), Turkmenistan (+22.1%), Kyrgyzstan (+18.5%) and Tajikistan (+13.1%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of +64.2% from 2012-2021. By contrast, Mongolia (-7.4%) illustrated a downward trend over the same period. Kyrgyzstan (+17 p.p.), Turkmenistan (+12 p.p.) and Uzbekistan (+1.8 p.p.) significantly strengthened its position in terms of the total exports, while Mongolia and Kazakhstan saw its share reduced by -10.2% and -22.5% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) remains the largest diagnostic equipment supplier in Central Asia, comprising 60% of total exports. The second position in the ranking was held by Mongolia ($X), with a 16% share of total exports. It was followed by Turkmenistan, with a 10% share.

In Kazakhstan, diagnostic equipment exports shrank by an average annual rate of -2.7% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Mongolia (+0.5% per year) and Turkmenistan (-0.1% per year).

Export Prices by Country

In 2021, the export price in Central Asia amounted to $X per unit, which is down by -6.6% against the previous year. Over the period under review, the export price continues to indicate a slight reduction. The pace of growth appeared the most rapid in 2013 an increase of 77% against the previous year. The level of export peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Uzbekistan ($X per unit), while Kyrgyzstan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mongolia (+8.5%), while the other leaders experienced mixed trends in the export price figures.

Diagnostic Equipment Imports

Imports in Central Asia

For the third year in a row, Central Asia recorded growth in purchases abroad of electro-diagnostic apparatus, and ultra-violet or infra-red ray apparatus, which increased by 8.9% to X units in 2021. In general, imports showed a buoyant expansion. The growth pace was the most rapid in 2017 with an increase of 88%. The volume of import peaked in 2021 and is expected to retain growth in the near future.

In value terms, diagnostic equipment imports rose to $X in 2021. Overall, imports enjoyed strong growth. The pace of growth appeared the most rapid in 2017 when imports increased by 115%. Over the period under review, imports attained the maximum in 2021 and are likely to continue growth in the near future.

Imports by Country

Kazakhstan prevails in imports structure, finishing at X units, which was near 75% of total imports in 2021. It was distantly followed by Turkmenistan (X units), Mongolia (X units) and Uzbekistan (X units), together constituting an 18% share of total imports. The following importers - Tajikistan (X units) and Kyrgyzstan (X units) - each amounted to a 6.7% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to diagnostic equipment imports into Kazakhstan stood at +8.4%. At the same time, Turkmenistan (+11.8%), Tajikistan (+10.8%) and Mongolia (+6.2%) displayed positive paces of growth. Moreover, Turkmenistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +11.8% from 2012-2021. Uzbekistan experienced a relatively flat trend pattern. By contrast, Kyrgyzstan (-4.9%) illustrated a downward trend over the same period. While the share of Uzbekistan (+5 p.p.) and Turkmenistan (+1.7 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Kyrgyzstan (-7.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported electro-diagnostic apparatus, and ultra-violet or infra-red ray apparatus in Central Asia, comprising 58% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a 22% share of total imports. It was followed by Turkmenistan, with an 8.8% share.

From 2012 to 2021, the average annual growth rate of value in Kazakhstan totaled +3.3%. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (+17.4% per year) and Turkmenistan (+9.0% per year).

Import Prices by Country

In 2021, the import price in Central Asia amounted to $X per unit, reducing by -6.3% against the previous year. In general, the import price continues to indicate a mild reduction. The growth pace was the most rapid in 2018 when the import price increased by 27% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2021, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Uzbekistan ($X per unit), while Tajikistan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+16.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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