U.S.: Market for Electromedical And Electrotherapeutic Apparatus 2025

Market Size for Electromedical And Electrotherapeutic Apparatus in the U.S.

The U.S. electromedical and electrotherapeutic apparatus market surged to $X in 2022, growing by 23% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption posted a significant expansion. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in years to come.

Exports of Electromedical And Electrotherapeutic Apparatus

Exports from the U.S.

After nine years of growth, overseas shipments of electromedical and electrotherapeutic apparatus decreased by -6.7% to X tons in 2022. Overall, exports saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 0.2%. As a result, the exports reached the peak of X tons, and then declined in the following year.

In value terms, electromedical and electrotherapeutic apparatus exports expanded notably to $X in 2022. The total export value increased at an average annual rate of +3.7% from 2013 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 11%. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in years to come.

Exports by Country

China (X tons), the Dominican Republic (X tons) and Mexico (X tons) were the main destinations of electromedical and electrotherapeutic apparatus exports from the United States, together comprising 62% of total exports. Ireland, India, Singapore, Costa Rica, Germany, Colombia and the Netherlands lagged somewhat behind, together comprising a further 26%.

From 2020 to 2022, the biggest increases were recorded for India (with a CAGR of +378.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), China ($X) and Germany ($X) were the largest markets for electromedical and electrotherapeutic apparatus exported from the United States worldwide, together accounting for 36% of total exports. Mexico, Singapore, India, Costa Rica, Ireland, Colombia and the Dominican Republic lagged somewhat behind, together comprising a further 15%.

India, with a CAGR of +38.6%, saw the highest growth rate of 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

The average electromedical and electrotherapeutic apparatus export price stood at $X per ton in 2022, jumping by 18% against the previous year. Over the last two years, it increased at an average annual rate of +14.7%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to the Dominican Republic ($X per ton) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+62.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electromedical And Electrotherapeutic Apparatus

Imports into the U.S.

In 2022, approx. X tons of electromedical and electrotherapeutic apparatus were imported into the United States; growing by 8.7% on the year before. Over the period under review, imports saw prominent growth. The pace of growth was the most pronounced in 2021 when imports increased by 11%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, electromedical and electrotherapeutic apparatus imports expanded remarkably to $X in 2022. In general, total imports indicated resilient growth from 2013 to 2022: its value increased at an average annual rate of +6.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.0% against 2013 indices. The pace of growth appeared the most rapid in 2021 with an increase of 24% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, Mexico (X tons) constituted the largest electromedical and electrotherapeutic apparatus supplier to the United States, accounting for a 34% share of total imports. Moreover, electromedical and electrotherapeutic apparatus imports from Mexico exceeded the figures recorded by the second-largest supplier, the Dominican Republic (X tons), twofold. The third position in this ranking was taken by China (X tons), with an 11% share.

From 2020 to 2022, the average annual rate of growth in terms of volume from Mexico stood at +5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the Dominican Republic (-2.2% per year) and China (+18.9% per year).

In value terms, the largest electromedical and electrotherapeutic apparatus suppliers to the United States were Mexico ($X), Germany ($X) and Ireland ($X), together accounting for 40% of total imports. Japan, China, Canada, Costa Rica, Malaysia, the Dominican Republic, Taiwan (Chinese) and India lagged somewhat behind, together comprising a further 29%.

In terms of the main suppliers, Costa Rica, with a CAGR of +49.9%, 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

In 2022, the average electromedical and electrotherapeutic apparatus import price amounted to $X per ton, rising by 2.2% against the previous year. Over the last two-year period, it increased at an average annual rate of +6.9%. The most prominent rate of growth was recorded in 2021 an increase of 12% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the Dominican Republic ($X per ton) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+26.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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