United Arab Emirates: Orthopedic Prosthetics Market 2024

Orthopedic Prosthetics Market Size in the United Arab Emirates

The orthopedic prosthetics market in the United Arab Emirates was finally on the rise to reach $X in 2022, after three years of decline. In general, consumption saw a mild increase. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Orthopedic Prosthetics Production in the United Arab Emirates

In value terms, orthopedic prosthetics production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a pronounced contraction. The pace of growth appeared the most rapid in 2020 with an increase of 330%. Orthopedic prosthetics production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Orthopedic Prosthetics Exports

Exports from the United Arab Emirates

In 2022, overseas shipments of artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) decreased by -1.8% to X units, falling for the fifth consecutive year after three years of growth. Over the period under review, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2016 with an increase of 141% against the previous year. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, orthopedic prosthetics exports reduced slightly to $X in 2022. In general, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2015 with an increase of 134%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Mozambique (X units), Uzbekistan (X units) and Sweden (X units) were the main destinations of orthopedic prosthetics exports from the United Arab Emirates, with a combined 29% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sweden (with a CAGR of +175.6%), while the other leaders experienced more modest paces of growth.

In value terms, Uzbekistan ($X) emerged as the key foreign market for artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) exports from the United Arab Emirates, comprising 55% of total exports. The second position in the ranking was taken by Sweden ($X), with a 7.9% share of total exports. It was followed by Germany, with a 2.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Uzbekistan amounted to +38.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+198.8% per year) and Germany (+13.3% per year).

Export Prices by Country

The average orthopedic prosthetics export price stood at $X per unit in 2022, standing approx. at the previous year. In general, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, orthopedic prosthetics export price increased by +12.8% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the average export price increased by 63%. As a result, the export price attained the peak level of $X per unit. From 2016 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 Uzbekistan ($X per unit), while the average price for exports to Mozambique ($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 Netherlands (+21.7%), while the prices for the other major destinations experienced more modest paces of growth.

Orthopedic Prosthetics Imports

Imports into the United Arab Emirates

After two years of decline, purchases abroad of artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) increased by 22% to X units in 2022. In general, imports recorded resilient growth. The most prominent rate of growth was recorded in 2019 with an increase of 251%. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, orthopedic prosthetics imports reduced to $X in 2022. Overall, imports recorded a noticeable expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 119% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Belgium (X units), France (X units) and the Netherlands (X units) were the main suppliers of orthopedic prosthetics imports to the United Arab Emirates, with a combined 32% share of total imports. The UK, South Africa, India, the United States and Hungary lagged somewhat behind, together comprising a further 16%.

From 2012 to 2022, the biggest increases were recorded for South Africa (with a CAGR of +98.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Belgium ($X) and France ($X) were the largest orthopedic prosthetics suppliers to the United Arab Emirates, together accounting for 33% of total imports. India, the United States, the UK, Hungary and South Africa lagged somewhat behind, together accounting for a further 10%.

South Africa, with a CAGR of +82.5%, saw the highest growth rate of the value of imports, among 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 orthopedic prosthetics import price stood at $X per unit in 2022, which is down by -26% against the previous year. Over the period under review, the import price saw a mild downturn. The growth pace was the most rapid in 2021 an increase of 78% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 Netherlands ($X per unit), while the price for South Africa ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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