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Report Eastern Asia - Medical, Surgical or Veterinary Furniture - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Eastern Asia - Medical, Surgical or Veterinary Furniture - Market Analysis, Forecast, Size, Trends and Insights

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Eastern Asia: Medical Furniture Market 2024

Medical Furniture Market Size in Eastern Asia

In 2022, after two years of growth, there was significant decline in the East Asian medical furniture market, when its value decreased by -28.9% to $X. In general, consumption, however, saw prominent growth. The level of consumption peaked at $X in 2021, and then declined sharply in the following year.

Medical Furniture Production in Eastern Asia

In value terms, medical furniture production soared to $X in 2022 estimated in export price. Over the period under review, production recorded a significant increase. The pace of growth was the most pronounced in 2013 with an increase of 276,380,451,000% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Medical Furniture Exports

Exports by Country

China prevails in exports structure, reaching X units, which was approx. 90% of total exports in 2022. It was distantly followed by Taiwan (Chinese) (X units), achieving a 9.7% share of total exports.

China was also the fastest-growing in terms of the medical, surgical or veterinary furniture exports, with a CAGR of +10.1% from 2020 to 2022. Taiwan (Chinese) (-2.7%) illustrated a downward trend over the same period. China (+2.4 p.p.) significantly strengthened its position in terms of the total exports, while Taiwan (Chinese) saw its share reduced by -2.4% from 2020 to 2022, respectively.

In value terms, China ($X) remains the largest medical furniture supplier in Eastern Asia, comprising 85% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 10% share of total exports.

In China, medical furniture exports increased at an average annual rate of +7.2% over the period from 2020-2022.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per unit, waning by -17.5% against the previous year. In general, the export price saw a noticeable reduction. The growth pace was the most rapid in 2021 an increase of 14% against the previous year. As a result, the export price attained the peak level of $X per unit, and then declined notably in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per unit), while China stood at $X per unit.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+4.2%).

Medical Furniture Imports

Imports in Eastern Asia

In 2022, after two years of growth, there was significant decline in purchases abroad of medical, surgical or veterinary furniture, when their volume decreased by -46.5% to X units. In general, imports, however, saw significant growth. The pace of growth was the most pronounced in 2018 when imports increased by 1,256% against the previous year. Over the period under review, imports attained the maximum at X units in 2021, and then fell notably in the following year.

In value terms, medical furniture imports declined to $X in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 8.5%. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

China represented the key importing country with an import of about X units, which reached 88% of total imports. It was distantly followed by Taiwan (Chinese) (X units), mixing up a 12% share of total imports.

China was also the fastest-growing in terms of the medical, surgical or veterinary furniture imports, with a CAGR of +72.6% from 2012 to 2022. At the same time, Taiwan (Chinese) (+28.4%) displayed positive paces of growth. While the share of China (+88 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Taiwan (Chinese) (-87.9 p.p.) displayed negative dynamics.

In value terms, China ($X) constitutes the largest market for imported medical, surgical or veterinary furniture in Eastern Asia, comprising 42% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 6.7% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in China totaled -1.4%.

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per unit, increasing by 69% against the previous year. In general, the import price, however, recorded a precipitous shrinkage. The most prominent rate of growth was recorded in 2019 an increase of 83%. Over the period under review, import prices reached the maximum at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per unit), while China amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-16.9%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China remains the largest medical furniture consuming country in Eastern Asia, accounting for 79% of total volume. Moreover, medical furniture consumption in China exceeded the figures recorded by the second-largest consumer, Japan, fivefold.
China constituted the country with the largest volume of medical furniture production, accounting for 85% of total volume. Moreover, medical furniture production in China exceeded the figures recorded by the second-largest producer, Japan, eightfold.
In value terms, China remains the largest medical furniture supplier in Eastern Asia, comprising 78% of total exports. The second position in the ranking was occupied by Taiwan Chinese), with a 15% share of total exports.
In value terms, the largest medical furniture importing markets in Eastern Asia were China, Japan and Hong Kong SAR, together comprising 82% of total imports.
The export price in Eastern Asia stood at $8,660 per ton in 2021, declining by -16.1% against the previous year.
The import price in Eastern Asia stood at $18,099 per ton in 2021, with an increase of 3.6% against the previous year.

This report provides an in-depth analysis of the medical furniture market in Eastern Asia. 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 32503050 - Medical, surgical or veterinary furniture, and parts thereof (excluding tables and seats specialised for X-ray purposes)

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Eastern Asia, split by region and country
  • Trade (exports and imports) in Eastern Asia
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • China
    • Hong Kong SAR
    • Macao SAR
    • Japan
    • South Korea
    • Taiwan (Chinese)
    • Democratic People's Republic of Korea

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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