EU: Market for Medical, Surgical or Laboratory Sterilizers 2024

Market Size for Medical, Surgical or Laboratory Sterilizers in the EU

In 2023, the EU medical or laboratory sterilizer market decreased by X% to $X for the first time since 2020, thus ending a two-year rising trend. In general, consumption, however, recorded a buoyant expansion. Over the period under review, the market hit record highs at $X in 2022, and then reduced in the following year.

Production of Medical, Surgical or Laboratory Sterilizers in the EU

In value terms, medical or laboratory sterilizer production contracted to $X in 2023 estimated in export price. Over the period under review, production, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. The level of production peaked at $X in 2022, and then fell in the following year.

Exports of Medical, Surgical or Laboratory Sterilizers

Exports in the EU

In 2023, after three years of growth, there was significant decline in shipments abroad of medical, surgical or laboratory sterilizers, when their volume decreased by X% to X units. Overall, exports, however, continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2020 when exports increased by X%. Over the period under review, the exports reached the maximum at X units in 2022, and then contracted in the following year.

In value terms, medical or laboratory sterilizer exports rose modestly to $X in 2023. The total export value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of export peaked in 2023 and is expected to retain growth in the near future.

Exports by Country

In 2023, Italy (X units) was the major exporter of medical, surgical or laboratory sterilizers, generating X% of total exports. Germany (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Poland (X%), Spain (X%) and Sweden (X%). Slovenia (X units), the Czech Republic (X units), Denmark (X units), Finland (X units), France (X units), the Netherlands (X units), Austria (X units) and Estonia (X units) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to medical or laboratory sterilizer exports from Italy stood at X%. At the same time, Slovenia (X%), Poland (X%), Estonia (X%), Denmark (X%), Spain (X%), Finland (X%), the Czech Republic (X%), Germany (X%), France (X%) and the Netherlands (X%) displayed positive paces of growth. Moreover, Slovenia emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2023. Austria experienced a relatively flat trend pattern. By contrast, Sweden (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Poland, Italy, Slovenia and Spain increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest medical or laboratory sterilizer supplying countries in the European Union were Italy ($X), Germany ($X) and Poland ($X), with a combined X% share of total exports. Sweden, Spain, the Netherlands, Finland, Denmark, the Czech Republic, France, Austria, Slovenia and Estonia lagged somewhat behind, together accounting for a further X%.

Slovenia, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per unit in 2023, picking up by X% against the previous year. Over the period under review, the export price, however, saw a pronounced contraction. The level of export peaked at $X per unit in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while Estonia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Medical, Surgical or Laboratory Sterilizers

Imports in the EU

Medical or laboratory sterilizer imports contracted significantly to X units in 2023, dropping by X% against 2022. Total imports indicated a perceptible increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 when imports increased by X%. Over the period under review, imports reached the maximum at X units in 2019; however, from 2020 to 2023, imports stood at a somewhat lower figure.

In value terms, medical or laboratory sterilizer imports stood at $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of imports remained at a lower figure.

Imports by Country

In 2023, Germany (X units) and France (X units) represented the largest importers of medical, surgical or laboratory sterilizers in the European Union, together creating X% of total imports. Spain (X units) held the next position in the ranking, followed by Poland (X units), the Netherlands (X units) and Estonia (X units). All these countries together held near X% share of total imports. Austria (X units), Belgium (X units), Ireland (X units), Italy (X units), Romania (X units), Greece (X units) and the Czech Republic (X units) held a little share of total imports.

From 2012 to 2023, the biggest increases were recorded for Greece (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest medical or laboratory sterilizer importing markets in the European Union were Germany ($X), France ($X) and the Netherlands ($X), together comprising X% of total imports. Spain, Austria, Italy, Poland, Belgium, Ireland, the Czech Republic, Romania, Greece and Estonia lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Greece, with a CAGR of X%, saw the highest growth rate of 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 import price in the European Union stood at $X per unit in 2023, surging by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the import price increased by X%. The level of import peaked at $X per unit in 2017; however, from 2018 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while Estonia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform