Netherlands: Orthopedic Prosthetics Market 2024

Orthopedic Prosthetics Market Size in the Netherlands

The Dutch orthopedic prosthetics market soared to $X in 2022, surging by 37% against the previous year. In general, consumption posted a notable increase. Orthopedic prosthetics consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Orthopedic Prosthetics Production in the Netherlands

In value terms, orthopedic prosthetics production surged to $X in 2022 estimated in export price. In general, production, however, saw a measured expansion. The most prominent rate of growth was recorded in 2018 with an increase of 198%. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Orthopedic Prosthetics Exports

Exports from the Netherlands

Orthopedic prosthetics exports from the Netherlands declined to X units in 2022, dropping by -11% against 2021 figures. In general, exports, however, showed buoyant growth. The growth pace was the most rapid in 2021 when exports increased by 23%. As a result, the exports reached the peak of X units, and then reduced in the following year.

In value terms, orthopedic prosthetics exports dropped rapidly to $X in 2022. Over the period under review, total exports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 23%. As a result, the exports reached the peak of $X, and then declined dramatically in the following year.

Exports by Country

Germany (X units), France (X units) and Belgium (X units) were the main destinations of orthopedic prosthetics exports from the Netherlands, with a combined 45% share of total exports. Italy, Spain, Sweden, the UK, Poland, Ireland, the Czech Republic, Austria, Portugal and Greece lagged somewhat behind, together accounting for a further 40%.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of +22.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Italy ($X) were the largest markets for orthopedic prosthetics exported from the Netherlands worldwide, with a combined 44% share of total exports. The UK, Belgium, Spain, Sweden, Poland, Austria, Portugal, the Czech Republic, Ireland and Greece lagged somewhat behind, together comprising a further 34%.

In terms of the main countries of destination, Ireland, with a CAGR of +16.3%, saw the highest rates of growth with regard to the value of exports, 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 orthopedic prosthetics export price amounted to $X per unit, with a decrease of -15.8% against the previous year. Overall, the export price continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by 12% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Sweden ($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 the UK (+15.3%), while the prices for the other major destinations experienced more modest paces of growth.

Orthopedic Prosthetics Imports

Imports into the Netherlands

Orthopedic prosthetics imports into the Netherlands declined to X units in 2022, falling by -6.4% on the previous year's figure. Overall, total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +5.6% 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 +24.4% against 2020 indices. The pace of growth appeared the most rapid in 2014 with an increase of 53% against the previous year. Over the period under review, imports reached the maximum at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, orthopedic prosthetics imports declined significantly to $X in 2022. The total import value increased at an average annual rate of +1.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 with an increase of 23% against the previous year. Imports peaked at $X in 2021, and then shrank notably in the following year.

Imports by Country

Ireland (X units), the United States (X units) and Iceland (X units) were the main suppliers of orthopedic prosthetics imports to the Netherlands, together accounting for 73% of total imports. Costa Rica, France, Belgium, Germany and Italy lagged somewhat behind, together accounting for a further 16%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Costa Rica (with a CAGR of +125.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Ireland ($X) and Costa Rica ($X) constituted the largest orthopedic prosthetics suppliers to the Netherlands, together comprising 55% of total imports.

In terms of the main suppliers, Costa Rica, with a CAGR of +145.7%, recorded 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 orthopedic prosthetics import price stood at $X per unit in 2022, waning by -19.5% against the previous year. In general, the import price saw a perceptible curtailment. The pace of growth was the most pronounced in 2020 an increase of 42%. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 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 Italy ($X per unit), while the price for Iceland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Costa Rica (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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