
Chile - Instruments Used in Medical Sciences - Market Analysis, Forecast, Size, Trends and Insights
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View PricingChile: Medical Instruments Market 2025
Medical Instruments Market Size in Chile
In 2022, after three years of growth, there was significant decline in the Chilean medical instruments market, when its value decreased by -31% to $X. In general, consumption recorded a sharp reduction. Medical instruments consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.
Medical Instruments Exports
Exports from Chile
Medical instruments exports from Chile contracted sharply to X tons in 2022, dropping by -19.2% against 2021 figures. Overall, exports, however, recorded a temperate increase. The growth pace was the most rapid in 2015 with an increase of 88%. The exports peaked at X tons in 2021, and then declined sharply in the following year.
In value terms, medical instruments exports rose notably to $X in 2022. Over the period under review, total exports indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.8% against 2020 indices. The pace of growth was the most pronounced in 2015 when exports increased by 58% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
Exports by Country
The United States (X tons) was the main destination for medical instruments exports from Chile, accounting for a 40% share of total exports. Moreover, medical instruments exports to the United States exceeded the volume sent to the second major destination, Germany (X tons), twofold. The third position in this ranking was taken by Argentina (X tons), with an 11% share.
From 2012 to 2022, the average annual growth rate of volume to the United States amounted to +16.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+16.6% per year) and Argentina (+36.8% per year).
In value terms, the United States ($X) remains the key foreign market for instruments used in medical sciences exports from Chile, comprising 40% of total exports. The second position in the ranking was held by Germany ($X), with a 19% share of total exports. It was followed by Argentina, with an 11% share.
From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled +19.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+7.0% per year) and Argentina (+25.4% per year).
Export Prices by Country
The average medical instruments export price stood at $X per ton in 2022, with an increase of 39% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Peru ($X per ton) and Colombia ($X per ton), while the average price for exports to Argentina ($X per ton) and Ecuador ($X per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.
Medical Instruments Imports
Imports into Chile
In 2022, after three years of growth, there was significant decline in supplies from abroad of instruments used in medical sciences, when their volume decreased by -31.8% to X tons. Over the period under review, imports saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 175% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.
In value terms, medical instruments imports expanded markedly to $X in 2022. In general, total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
Imports by Country
The United States (X tons), Germany (X tons) and China (X tons) were the main suppliers of medical instruments imports to Chile, together accounting for 57% of total imports. Mexico, Japan, France, Italy, Ireland, Switzerland, Israel, Costa Rica, the UK and Poland lagged somewhat behind, together comprising a further 24%.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ireland (with a CAGR of +18.1%), while imports for the other leaders experienced mixed trend patterns.
In value terms, the United States ($X), Germany ($X) and China ($X) were the largest medical instruments suppliers to Chile, with a combined 57% share of total imports. Mexico, Japan, France, Italy, Ireland, Switzerland, Israel, Costa Rica, the UK and Poland lagged somewhat behind, together accounting for a further 24%.
In terms of the main suppliers, Ireland, with a CAGR of +37.0%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average medical instruments import price stood at $X per ton in 2022, jumping by 55% against the previous year. In general, the import price recorded significant growth. The most prominent rate of growth was recorded in 2017 an increase of 2,720%. Over the period under review, average import prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Japan ($X per ton) and the UK ($X per ton), while the price for China ($X per ton) and Italy ($X per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+47.4%), 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 medical instruments market in Chile. 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 32501333 - Instruments and apparatus for measuring blood-pressure (including sphygmomanometers, tensiometers, oscillometers)
- Prodcom 32501335 - Endoscopes for medical purposes
- Prodcom 32501353 - Renal dialysis equipment
- Prodcom 32501355 - Diathermic apparatus (including ultrasonic)
- Prodcom 32501363 - Transfusion apparatus (excluding special blood storage glass bottles)
- Prodcom 32501365 - Anaesthetic apparatus and instruments
- Prodcom 32501370 - Instruments and appliances used in medical, surgical or veterinary sciences, n.e.s.
Country coverage:
- Chile
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Chile
- 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
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