Northern America: Needles And Catheters Market 2021

Needles And Catheters Market Size in Northern America

The North American needles and catheters market totaled $X in 2019, with an increase of X% against the previous year. Overall, consumption continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. The level of consumption peaked at $X in 2017; however, from 2018 to 2019, consumption stood at a somewhat lower figure.

Needles And Catheters Production in Northern America

In value terms, needles and catheters production reached $X in 2019 estimated in export prices. In general, production enjoyed significant growth. The most prominent rate of growth was recorded in 2008 when the production volume increased by X% year-to-year. Over the period under review, production attained the maximum level in 2019 and is likely to see gradual growth in the immediate term.

Production By Country in Northern America

The country with the largest volume of needles and catheters production was the U.S. (X units), comprising approx. X% of total volume. Moreover, needles and catheters production in the U.S. exceeded the figures recorded by the second-largest producer, Canada (X units), sixfold.

In the U.S., needles and catheters production increased at an average annual rate of +X% over the period from 2007-2019.

Needles And Catheters Exports

Exports in Northern America

In 2019, overseas shipments of needles, catheters, cannulae for medicine increased by X% to X units, rising for the second year in a row after two years of decline. In general, exports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The volume of export peaked at X units in 2008; however, from 2009 to 2019, exports stood at a somewhat lower figure.

In value terms, needles and catheters exports shrank slightly to $X in 2019. Total exports indicated a strong expansion from 2007 to 2019: its value decreased at an average annual rate of -X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2007 indices. The growth pace was the most rapid in 2008 when exports increased by X% y-o-y. Over the period under review, exports attained the maximum at $X in 2018, and then dropped slightly in the following year.

Exports by Country

The U.S. (X units) represented roughly X% of total exports of needles, catheters, cannulae for medicine in 2019.

The U.S. was also the fastest-growing in terms of the needles, catheters, cannulae for medicine exports, with a CAGR of -X% from 2007 to 2019. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) also remains the largest needles and catheters supplier in Northern America.

From 2007 to 2019, the average annual growth rate of value in the U.S. amounted to +X%.

Export Prices by Country

The needles and catheters export price in Northern America stood at $X per unit in 2019, leveling off at the previous year. In general, the export price, however, continues to indicate a prominent increase. The growth pace was the most rapid in 2011 an increase of X% against the previous year. Over the period under review, export prices reached the maximum at $X per unit in 2017; however, from 2018 to 2019, export prices failed to regain the momentum.

As there is only one major export destination, the average price level is determined by prices for the U.S..

From 2007 to 2019, the rate of growth in terms of prices for the U.S. amounted to +X% per year.

Needles And Catheters Imports

Imports in Northern America

In 2019, purchases abroad of needles, catheters, cannulae for medicine was finally on the rise to reach X units for the first time since 2015, thus ending a three-year declining trend. Over the period under review, imports, however, showed a deep downturn. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. The volume of import peaked at X units in 2008; however, from 2009 to 2019, imports stood at a somewhat lower figure.

In value terms, needles and catheters imports rose notably to $X in 2019. Overall, imports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. The level of import peaked in 2019 and is expected to retain growth in years to come.

Imports by Country

The U.S. represented the key importing country with an import of around X units, which reached X% of total imports. It was distantly followed by Canada (X units), creating a X% share of total imports.

From 2007 to 2019, average annual rates of growth with regard to needles and catheters imports into the U.S. stood at -X%. Canada (-X%) illustrated a downward trend over the same period. While the share of Canada (+X p.p.) increased significantly in terms of the total imports from 2007-2019, the share of the U.S. (-X p.p.) displayed negative dynamics.

In value terms, the U.S. ($X) constitutes the largest market for imported needles, catheters, cannulae for medicine in Northern America, comprising X% of total imports. The second position in the ranking was occupied by Canada ($X), with a X% share of total imports.

In the U.S., needles and catheters imports increased at an average annual rate of +X% over the period from 2007-2019.

Import Prices by Country

The needles and catheters import price in Northern America stood at $X per unit in 2019, picking up by X% against the previous year. In general, the import price posted a significant expansion. The pace of growth appeared the most rapid in 2010 when the import price increased by X% year-to-year. The level of import peaked in 2019 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was the U.S. ($X per unit), while Canada amounted to $X per unit.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the U.S..

Source: IndexBox Platform

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