Ranging from MRI machines and CT Scanners to X-ray machines and catheters along with syringes like small equipment are traded among different top traders for fulfilling the acquired domestic and international requirements across the globe. Medical equipment is in high demand nowadays because of the rising population growth which is leading to more global warming and fatality engagement due to rising bacteria. For faster diagnosis of fatal diseases and to ensure the safe of the needy at times the trade industries are more focused on production and export.
Apart from its importance in the healthcare industry, when it comes to the trade rate of such equipment, it is one of the most popular and highly rated commodities across the globe nowadays due to its biological importance. The Global Medical Equipment Customs Shipment data has showcased that the total trade value of this globally sought commodity has reached a value of 610 billion US dollars in 2023 with a staggering export trade value of 458 billion US dollars; a significant growth rate of 6.8% than that of 2022 i.e. 415 billion US dollars.
With the globally overgrowing health industry, the trade rate of medical equipment is also growing exponentially for the proper diagnosis of fatal diseases across the globe. As per the Global Medical Equipment Export Data, the top 10 medical equipment that are exported in 2023 with their trade values are discussed below,
• Diagnostic Imaging Equipment – Valuation of global diagnostic imaging equipment exports in 2023 – 142 billion US dollars.
• Surgical Instruments – Valuation of global surgical instruments exports in 2023 – 92 billion US dollars.
• Dental Equipment – Valuation of global dental equipment exports in 2023 – 60 billion US dollars.
• Patient Monitoring Devices – Valuation of global patient monitoring devices exports in 2023 – 50 billion US dollars.
• Laboratory Equipment – Valuation of global laboratory equipment exports in 2023 – 45 billion US dollars.
• Medical Lasers – Valuation of global medical lasers exports in 2023 – 40 billion US dollars.
• Anesthesia Equipment – Valuation of global anesthesia equipment exports in 2023 – 35 billion US dollars.
• Medical Beds – Valuation of global medical beds exports in 2023 – 30 billion US dollars.
• Infusion Pumps – Valuation of global infusion pumps exports in 2023 – 25 billion US dollars.
• Medical Ventilators – Valuation of global medical ventilators exports in 2023 – 20 billion US dollars.
As the global trade market of medical equipment has been growing exponentially over the previous several decades, different countries have invested their production sectors in more of their production for favorable revenue generation. As per the Global Medical Equipments Trade Data, the top 10 exporting countries of medical equipmentS in 2023 with their trade values are discussed below,
• United States – As per USA Export Data, the total value of medical equipment in 2023 – 228 billion US dollars.
• Germany – As per Germany Export Data, the total value of medical equipment in 2023 – 92 billion US dollars.
• China – As per China Export Data, the total value of medical equipment in 2023 – 83 billion US dollars.
• Japan – As per Japan Export Data, the total value of medical equipment in 2023 – 62 billion US dollars.
• Netherlands – As per Netherlands Export Data, the total value of medical equipment in 2023 – 41 billion US dollars.
• Belgium – As per Belgium Export Data, the total value of medical equipment in 2023 – 38 billion US dollars.
• Switzerland – As per Switzerland Export Data, the total value of medical equipment in 2023 –36 billion US dollars.
• United Kingdom – As per United Kingdom Export Data, the total value of medical equipmentin 2023 – 30 billion US dollars.
• Italy – As per Italy Export Data, the total value of medical equipment in 2023 –28 billion US dollars.
• France – As per France Export Data, the total value of medical equipment in 2023 – 18 billion US dollars.
To maintain stability in the globally increasing demands for medical equipments, the below-mentioned companies are increasing their production range. As per the Global Medical Equipments Customs Data, the top producers of 2023 with their trade values are discussed below,
• Medtronic – Valuation of medical equipment exports from Medtronic in 2023 – 47 billion US dollars.
• Johnson & Johnson – Valuation of medical equipment exports from Johnson & Johnson in 2023 – 30 billion US dollars.
• GE Healthcare – Valuation of medical equipment exports from GE Healthcare in 2023 – 25 billion US dollars.
• Siemens Healthineers – Valuation of medical equipment exports from Siemens Healthineers in 2023 – 17 billion US dollars.
• Philips Healthcare – Valuation of medical equipment exports from Philips Healthcare in 2023 – 14 billion US dollars.
• Stryker Corporation – Valuation of medical equipment exports from Stryker Corporation in 2023 – 12 billion US dollars.
• Abbott Laboratories – Valuation of medical equipment exports from Abbott Laboratories in 2023 – 10 billion US dollars.
• Boston Scientific Corporation – Valuation of medical equipment exports from Boston Scientific Corporation in 2023 – 9 billion US dollars.
• Becton Dickinson – Valuation of medical equipment exports from Becton Dickinson in 2023 – 7 billion US dollars.
• Baxter International – Valuation of medical equipment exports from Baxter International in 2023 – 6 billion US dollars.
Que. Who is the top producer of medical equipment in 2023?
Ans. Medtronic is the top producer of medical equipment in 2023.
Que. What is the export trade value of medical equipment in 2023?
Ans. The export trade value of medical equipment in 2023 is 458 billion US dollars.
Que. Where can you get the detailed trade analysis of medical equipment in 2023 with values?
Ans. At Import Globals, you can get a detailed trade analysis of medical equipment in 2023 with values.