Global Needles And Catheters Market 2021

Needles And Catheters Market Size

For the third consecutive year, the global needles and catheters market recorded growth in sales value, which increased by X% to $X in 2019. In general, the total consumption indicated a slight expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. As a result, consumption attained the peak level of $X. From 2013 to 2019, the growth of the global market failed to regain the momentum.

Needles And Catheters Production

In value terms, needles and catheters production contracted modestly to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, global production reached the peak level at $X in 2018, and then fell modestly in the following year.

Production By Country

China (X units) constituted the country with the largest volume of needles and catheters production, comprising approx. X% of total volume. Moreover, needles and catheters production in China exceeded the figures recorded by the second-largest producer, Slovakia (X units), threefold. The U.S. (X units) ranked third in terms of total production with a X% share.

In China, needles and catheters production expanded at an average annual rate of +X% over the period from 2007-2019. In the other countries, the average annual rates were as follows: Slovakia (+X% per year) and the U.S. (+X% per year).

Needles And Catheters Exports

Exports

In 2019, after three years of growth, there was decline in overseas shipments of needles, catheters, cannulae for medicine, when their volume decreased by -X% to X units. In general, exports showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Over the period under review, global exports hit record highs at X units in 2007; however, from 2008 to 2019, exports remained at a lower figure.

In value terms, needles and catheters exports stood at $X in 2019. Over the period under review, total exports indicated strong growth from 2007 to 2019: its value decreased at an average annual rate of -X% over the last twelve years. 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 with an increase of X% year-to-year. Over the period under review, global exports attained the maximum in 2019 and are expected to retain growth in the near future.

Exports by Country

China (X units) and Malaysia (X units) represented roughly X% of total exports of needles, catheters, cannulae for medicine in 2019. India (X units) took an X% share (based on tons) of total exports, which put it in second place, followed by the U.S. (X%) and Mexico (X%). The following exporters - Japan (X units), France (X units), South Korea (X units), Thailand (X units), Poland (X units), Ireland (X units), Germany (X units) and the UK (X units) - together made up X% of total exports.

From 2007 to 2019, the biggest increases were in China, while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest needles and catheters supplying countries worldwide were the U.S. ($X), Ireland ($X) and Mexico ($X), together accounting for X% of global exports. Germany, China, Japan, Malaysia, France, India, the UK, Poland, Thailand and South Korea lagged somewhat behind, together accounting for a further X terms of the main exporting countries, India recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average needles and catheters export price amounted to $X per unit, picking up by X% against the previous year. In general, the export price posted a strong increase. The pace of growth was the most pronounced in 2009 an increase of X% against the previous year. Global export price peaked in 2019 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Ireland ($X per unit), while South Korea ($X per unit) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Ireland, while the other global leaders experienced more modest paces of growth.

Needles And Catheters Imports

Imports

In 2019, purchases abroad of needles, catheters, cannulae for medicine increased by X% to X units, rising for the second consecutive year after two years of decline. Overall, imports saw a noticeable increase. The pace of growth was the most pronounced in 2012 when imports increased by X% year-to-year. As a result, imports reached the peak of X units. From 2013 to 2019, the growth of global imports remained at a lower figure.

In value terms, needles and catheters imports rose significantly to $X in 2019. Over the period under review, total imports indicated a prominent increase from 2007 to 2019: its value increased 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, imports increased by +X% against 2008 indices. The pace of growth was the most pronounced in 2011 when imports increased by X% year-to-year. Global imports peaked in 2019 and are expected to retain growth in years to come.

Imports by Country

El Salvador was the key importer of needles, catheters, cannulae for medicine in the world, with the volume of imports recording X units, which was near X% of total imports in 2019. It was distantly followed by French Polynesia (X units), making up a X% share of total imports. Brazil (X units), India (X units), Germany (X units), China (X units), South Korea (X units), Latvia (X units) and the U.S. (X units) held a little share of total imports.

El Salvador was also the fastest-growing in terms of the needles, catheters, cannulae for medicine imports, with a CAGR of +X% from 2007 to 2019. At the same time, French Polynesia (+X%), Latvia (+X%), China (+X%), India (+X%), Brazil (+X%) and South Korea (+X%) displayed positive paces of growth. By contrast, Germany (-X%) and the U.S. (-X%) illustrated a downward trend over the same period. While the share of El Salvador (+X p.p.), French Polynesia (+X p.p.), India (+X p.p.) and China (+X p.p.) increased significantly in terms of the global imports from 2007-2019, the share of Germany (-X p.p.) and the U.S. (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported needles, catheters, cannulae for medicine worldwide, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by China, with a X% share.

In the U.S., needles and catheters imports increased at an average annual rate of +X% over the period from 2007-2019. In the other countries, the average annual rates were as follows: Germany (+X% per year) and China (+X% per year).

Import Prices by Country

The average needles and catheters import price stood at $X per unit in 2019, dropping by -X% against the previous year. In general, the import price, however, saw a slight expansion. The pace of growth was the most pronounced in 2013 when the average import price increased by X% y-o-y. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 to 2019, import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per unit), while French Polynesia ($X per unit) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the U.S., while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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