France: Orthopedic Prosthetics Market 2024

Orthopedic Prosthetics Market Size in France

The French orthopedic prosthetics market shrank dramatically to $X in 2022, waning by -18% against the previous year. In general, the total consumption indicated mild growth from 2012 to 2022: its value increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2021, and then declined remarkably in the following year.

Orthopedic Prosthetics Production in France

In value terms, orthopedic prosthetics production declined to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 9.6% against the previous year. Orthopedic prosthetics production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Orthopedic Prosthetics Exports

Exports from France

In 2022, after two years of decline, there was significant growth in shipments abroad of artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints), when their volume increased by 18% to X units. Over the period under review, exports, however, showed a noticeable downturn. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, orthopedic prosthetics exports declined to $X in 2022. In general, exports, however, showed a slight downturn. The pace of growth was the most pronounced in 2018 when exports increased by 14% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands (X units) was the main destination for orthopedic prosthetics exports from France, with a 33% share of total exports. Moreover, orthopedic prosthetics exports to the Netherlands exceeded the volume sent to the second major destination, Germany (X units), threefold. Spain (X units) ranked third in terms of total exports with a 4.9% share.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands amounted to +12.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-8.6% per year) and Spain (-7.0% per year).

In value terms, the Netherlands ($X) remains the key foreign market for artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) exports from France, comprising 33% of total exports. The second position in the ranking was taken by Germany ($X), with a 13% share of total exports. It was followed by Canada, with an 8.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands stood at +6.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-5.5% per year) and Canada (+23.5% per year).

Export Prices by Country

The average orthopedic prosthetics export price stood at $X per unit in 2022, waning by -21.4% against the previous year. Over the period under review, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 an increase of 33% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2021, and then contracted remarkably in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per unit), while the average price for exports to Morocco ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+17.4%), while the prices for the other major destinations experienced more modest paces of growth.

Orthopedic Prosthetics Imports

Imports into France

After two years of decline, supplies from abroad of artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) increased by 2% to X units in 2022. In general, imports, however, showed a pronounced contraction. The pace of growth appeared the most rapid in 2019 with an increase of 19% against the previous year. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, orthopedic prosthetics imports fell to $X in 2022. The total import value increased at an average annual rate of +1.8% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2019 when imports increased by 18%. Over the period under review, imports hit record highs at $X in 2021, and then shrank in the following year.

Imports by Country

The Netherlands (X units), the United States (X units) and Germany (X units) were the main suppliers of orthopedic prosthetics imports to France, together comprising 78% of total imports. Belgium, the UK, Mauritius, Ireland and Costa Rica lagged somewhat behind, together comprising a further 18%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +27.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constituted the largest supplier of artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) to France, comprising 64% of total imports. The second position in the ranking was held by the United States ($X), with a 14% share of total imports. It was followed by Germany, with an 8.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the Netherlands stood at +35.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-10.3% per year) and Germany (+6.2% per year).

Import Prices by Country

In 2022, the average orthopedic prosthetics import price amounted to $X per unit, declining by -6.9% against the previous year. Overall, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, orthopedic prosthetics import price increased by +70.8% against 2017 indices. The pace of growth appeared the most rapid in 2021 an increase of 28% against the previous year. As a result, import price attained the peak level of $X per unit, and then fell in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+33.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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