Report Update Nov 1, 2024

Hong Kong SAR, China - Electro-Cardiographs - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Ecg Market 2024

Ecg Market Size in Hong Kong SAR, China

In 2021, the Hong Kong ECG market decreased by -2.6% to $X for the first time since 2011, thus ending a nine-year rising trend. Overall, consumption, however, showed a prominent increase. Over the period under review, the market hit record highs at $X in 2020, and then reduced in the following year.

Ecg Production in Hong Kong SAR, China

In value terms, ECG production contracted to $X in 2021 estimated in export price. In general, production, however, saw a strong expansion. The growth pace was the most rapid in 2013 when the production volume increased by 78%. Over the period under review, production reached the maximum level at $X in 2020, and then shrank in the following year.

Ecg Exports

Exports from Hong Kong SAR, China

In 2021, the amount of electro-cardiographs exported from Hong Kong SAR skyrocketed to X units, growing by 33% on 2020 figures. In general, total exports indicated measured growth from 2012 to 2021: its volume increased at an average annual rate of +2.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +120.0% against 2018 indices. The growth pace was the most rapid in 2019 when exports increased by 79% against the previous year. The exports peaked at X units in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, ECG exports soared to $X in 2021. Overall, total exports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +6.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +129.6% against 2018 indices. The pace of growth was the most pronounced in 2019 when exports increased by 76%. The exports peaked in 2021 and are likely to continue growth in the immediate term.

Exports by Country

The United States (X units), the Netherlands (X units) and China (X units) were the main destinations of ECG exports from Hong Kong SAR, together accounting for 42% of total exports. Russia, Mexico, Spain, India, Malaysia, the UK, Colombia, France, Australia and the Philippines lagged somewhat behind, together comprising a further 27%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of +225.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for ECG exported from Hong Kong SAR were the United States ($X), the Netherlands ($X) and China ($X), together comprising 43% of total exports. Russia, Mexico, Spain, India, Malaysia, the UK, Colombia, France, Australia and the Philippines lagged somewhat behind, together accounting for a further 28%.

The UK, with a CAGR of +233.7%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

Denmark constituted the country with the largest volume of ecg consumption, 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 Hong Kong SAR, China?

In value terms, China constituted the largest supplier of ecg to Hong Kong SAR, comprising 86% of total imports. The second position in the ranking was occupied by the United States, with a 7.7% share of total imports.

What are the leading importers of electro-cardiographs from Hong Kong SAR, China?

In value terms, the United States remains the key foreign market for ecg exports from Hong Kong SAR, comprising 41% of total exports. The second position in the ranking was occupied by the Netherlands, with an 8.5% share of total exports. It was followed by India, with a 4.4% share.

What is the average export price for electro-cardiographs in Hong Kong SAR, China?

The average ecg export price stood at $222 per unit in 2020, increasing by 5% against the previous year.

What is the average import price for electro-cardiographs in Hong Kong SAR, China?

In 2020, the average ecg import price amounted to $217 per unit, rising by 2% against the previous year.

This report provides an in-depth analysis of the ecg market in Hong Kong SAR, China. 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:

Hong Kong SAR

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hong Kong SAR, China
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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023