Report Update Jan 1, 2025

Dominican Republic - Electro-Cardiographs - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Ecg Market 2025

Ecg Market Size in the Dominican Republic

The Dominican ECG market was finally on the rise to reach $X in 2021, after two years of decline. Overall, consumption, however, saw a drastic downturn. Consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Ecg Exports

Exports from the Dominican Republic

In 2021, the amount of electro-cardiographs exported from the Dominican Republic shrank remarkably to X units, declining by -44.8% against the previous year. In general, exports recorded a abrupt decrease. The pace of growth was the most pronounced in 2014 with an increase of 100% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, ECG exports contracted rapidly to $X in 2021. Over the period under review, exports continue to indicate a abrupt slump. The growth pace was the most rapid in 2020 when exports increased by 265% against the previous year. As a result, the exports reached the peak of $X, and then fell markedly in the following year.

Exports by Country

Canada (X units) was the main destination for ECG exports from the Dominican Republic, with a 38% share of total exports. Moreover, ECG exports to Canada exceeded the volume sent to the second major destination, the United States (X units), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Canada totaled -30.0%.

In value terms, Canada ($X) emerged as the key foreign market for electro-cardiographs exports from the Dominican Republic, comprising 54% of total exports. The second position in the ranking was held by the United States ($X), with a 24% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Canada totaled -15.3%.

Export Prices by Country

In 2021, the average ECG export price amounted to $X per unit, with a decrease of -84.2% against the previous year. Overall, the export price, however, recorded a modest increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by 435% against the previous year. As a result, the export price reached the peak level of $X per unit, and then shrank sharply in the following year.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Canada amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+24.0%), while the prices for the other major destinations experienced mixed trend patterns.

Ecg Imports

Imports into the Dominican Republic

In 2021, after two years of decline, there was significant growth in purchases abroad of electro-cardiographs, when their volume increased by 49% to X units. In general, imports, however, showed a mild downturn. The most prominent rate of growth was recorded in 2018 when imports increased by 175% against the previous year. As a result, imports attained the peak of X units. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, ECG imports reached $X in 2021. Overall, imports, however, recorded a drastic downturn. The pace of growth was the most pronounced in 2018 with an increase of 96%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The United States (X units), China (X units) and Canada (X units) were the main suppliers of ECG imports to the Dominican Republic, together accounting for 88% of total imports. These countries were followed by Hong Kong SAR and Japan, which together accounted for a further 10%.

From 2012 to 2021, the biggest increases were recorded for Hong Kong SAR (with a CAGR of +26.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest ECG suppliers to the Dominican Republic were China ($X), the United States ($X) and Canada ($X), together accounting for 86% of total imports. These countries were followed by Japan and Hong Kong SAR, which together accounted for a further 13%.

Japan, with a CAGR of +17.3%, saw the highest growth rate of 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 ECG import price stood at $X per unit in 2021, declining by -32.6% against the previous year. Over the period under review, the import price showed a abrupt descent. The most prominent rate of growth was recorded in 2020 an increase of 33%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+0.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

Denmark remains the largest ecg consuming country worldwide, 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, accounting for 97% of total volume.

What are the leading suppliers of electro-cardiographs to the Dominican Republic?

In value terms, China constituted the largest supplier of ecg to the Dominican Republic, comprising 37% of total imports. The second position in the ranking was occupied by the United States, with a 13% share of total imports. It was followed by Canada, with an 11% share.

What are the leading importers of electro-cardiographs from the Dominican Republic?

In value terms, Italy remains the key foreign market for ecg exports from the Dominican Republic, comprising 52% of total exports. The second position in the ranking was occupied by Egypt, with a 13% share of total exports. It was followed by Chile, with a 12% share.

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

The average ecg export price stood at $35 per unit in 2020, which is down by -48.2% against the previous year.

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

The average ecg import price stood at $2,404 per unit in 2020, increasing by 52% against the previous year.

This report provides an in-depth analysis of the ecg market in the Dominican Republic. 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:

Dominican Republic

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Dominican Republic
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