France: Medical Instruments Market 2024

Medical Instruments Market Size in France

After three years of growth, the French medical instruments market decreased by -1.7% to $X in 2022. In general, the total consumption indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +19.4% against 2018 indices. Medical instruments consumption peaked at $X in 2021, and then dropped slightly in the following year.

Medical Instruments Production in France

In value terms, medical instruments production declined to $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of 12%. Medical instruments production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Medical Instruments Exports

Exports from France

After two years of decline, overseas shipments of instruments used in medical sciences increased by 11% to X tons in 2022. In general, exports, however, saw a mild descent. The most prominent rate of growth was recorded in 2018 with an increase of 17% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, medical instruments exports rose to $X in 2022. Overall, exports, however, showed a slight decrease. The most prominent rate of growth was recorded in 2018 when exports increased by 24% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons), Tunisia (X tons) and Belgium (X tons) were the main destinations of medical instruments exports from France, with a combined 29% share of total exports. Poland, Italy, the Netherlands, Spain, the United States, the UK, Switzerland, Japan and China lagged somewhat behind, together accounting for a further 41%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Japan (with a CAGR of +27.3%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and the Netherlands ($X) constituted the largest markets for medical instruments exported from France worldwide, with a combined 37% share of total exports. Belgium, Italy, Switzerland, the UK, Spain, China, Tunisia, Poland and Japan lagged somewhat behind, together accounting for a further 36%.

China, with a CAGR of +12.9%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average medical instruments export price amounted to $X per ton, declining by -7.3% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 36%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Tunisia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Medical Instruments Imports

Imports into France

In 2022, supplies from abroad of instruments used in medical sciences increased by 10% to X tons, rising for the eighth consecutive year after two years of decline. Overall, total imports indicated temperate growth from 2012 to 2022: its volume increased at an average annual rate of +2.7% 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 +73.8% against 2014 indices. The growth pace was the most rapid in 2017 with an increase of 11%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, medical instruments imports amounted to $X in 2022. The total import value increased at an average annual rate of +1.4% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 8.6%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Germany (X tons), Belgium (X tons) and the Netherlands (X tons) were the main suppliers of medical instruments imports to France, together comprising 40% of total imports. China, the Czech Republic, Poland, Lithuania, Italy, the UK, Slovakia, Spain, the United States and Tunisia lagged somewhat behind, together comprising a further 48%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia (with a CAGR of +36.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and Belgium ($X) appeared to be the largest medical instruments suppliers to France, with a combined 57% share of total imports.

Among the main suppliers, the Netherlands, with a CAGR of +22.0%, 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, reducing by -8.5% against the previous year. Overall, the import price recorded a mild decrease. The pace of growth appeared the most rapid in 2013 an increase of 37%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :