France: Diagnostic Equipment Market 2025

Diagnostic Equipment Market Size in France

In 2021, the French diagnostic equipment market increased by 9% to $X, rising for the third year in a row after two years of decline. In general, consumption recorded a resilient expansion. Over the period under review, the market hit record highs in 2021 and is likely to see steady growth in the immediate term.

Diagnostic Equipment Production in France

In value terms, diagnostic equipment production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 221%. Over the period under review, production hit record highs in 2021 and is expected to retain growth in years to come.

Diagnostic Equipment Exports

Exports from France

In 2021, the amount of electro-diagnostic apparatus, and ultra-violet or infra-red ray apparatus exported from France declined to X units, with a decrease of -10.8% compared with the previous year's figure. In general, exports continue to indicate a slight setback. The growth pace was the most rapid in 2019 with an increase of 352%. As a result, the exports attained the peak of X units. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, diagnostic equipment exports reduced modestly to $X in 2021. The total export value increased at an average annual rate of +1.6% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2019 when exports increased by 13%. Over the period under review, the exports attained the peak figure at $X in 2020, and then fell slightly in the following year.

Exports by Country

Spain (X units), Italy (X units) and China (X units) were the main destinations of diagnostic equipment exports from France.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Madagascar (with a CAGR of +46.0%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for electro-diagnostic apparatus, and ultra-violet or infra-red ray apparatus exports from France, comprising 22% of total exports. The second position in the ranking was taken by Germany ($X), with a 6.7% share of total exports. It was followed by China, with a 5.3% share.

From 2012 to 2021, the average annual growth rate of value to the United States stood at +7.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+7.6% per year) and China (+11.9% per year).

Export Prices by Country

The average diagnostic equipment export price stood at $X per unit in 2021, increasing by 9.7% against the previous year. Over the period under review, the export price posted a perceptible expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 295% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2019 to 2021, the average export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+15.8%), while the prices for the other major destinations experienced more modest paces of growth.

Diagnostic Equipment Imports

Imports into France

Diagnostic equipment imports into France rose markedly to X units in 2021, surging by 9% compared with 2020. In general, imports posted pronounced growth. The most prominent rate of growth was recorded in 2019 when imports increased by 345% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, diagnostic equipment imports soared to $X in 2021. Overall, imports saw a buoyant expansion. The growth pace was the most rapid in 2019 when imports increased by 33% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Germany (X units), the United States (X units) and the Netherlands (X units) were the main suppliers of diagnostic equipment imports to France.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ireland (with a CAGR of +52.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), the Netherlands ($X) and Germany ($X) were the largest diagnostic equipment suppliers to France, with a combined 72% share of total imports. These countries were followed by Belgium, China, Ireland, Italy, India, Austria and Canada, which together accounted for a further 17%.

Ireland, with a CAGR of +42.1%, recorded 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 diagnostic equipment import price stood at $X per unit in 2021, rising by 11% against the previous year. Overall, the import price recorded temperate growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 246% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Canada ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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