In 2023, the European market for medical and dental instruments and supplies showed notable variations among countries. Germany led with a substantial share of 39.19%, increasing by 1.57% year-on-year. Italy and Ireland followed with shares of 14.27% and 11.93%, seeing growth rates of 5.61% and 2.85%, respectively. France experienced a decline of 3.5%, while the United Kingdom saw a modest increase of 0.79%. Other significant contributors like Spain, Denmark, and Austria displayed growth rates of 4.08%, 3.52%, and 9.93%, respectively. Smaller markets like Bulgaria and Romania showed impressive growth of 11.27% and 8.0%, contrary to Iceland's sharp decline of 26.44%.
Future trends to watch in the European market include the continual dominance of Germany and rising contributions from Italy and Ireland. Additionally, the growth in Eastern European markets such as Bulgaria and Romania indicates a shift in production towards these regions. Attention should also be given to potential market adjustments in France and Sweden, given their recent declines. Emerging innovations and investments in medical and dental technology will likely further influence these trends in the coming years.
Top countries in Sold Production of Medical and Dental Instruments and Supplies Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 39.19 | 2023 | +2.16% | +1.57% | View data |
| 2 | 2 Italy | 14.27 | 2023 | +8.48% | +5.61% | View data |
| 3 | 3 Ireland | 11.93 | 2023 | +3.48% | +2.85% | View data |
| 4 | 4 France | 9.61 | 2023 | +1.81% | -3.5% | View data |
| 5 | 5 United Kingdom | 7.41 | 2023 | +0.74% | +0.79% | View data |
| 6 | 6 Spain | 3.34 | 2023 | +2.39% | +4.08% | View data |
| 7 | 7 Denmark | 2.7 | 2023 | +2.38% | +3.52% | View data |
| 8 | 8 Netherlands | 1.5 | 2023 | +5.56% | +1.37% | View data |
| 9 | 9 Austria | 1.48 | 2023 | +6.79% | +9.93% | View data |
| 10 | 10 Poland | 1.45 | 2023 | +2.94% | +3.91% | View data |