In 2023, Germany led European production of orthopaedic appliances with 1.1377 billion Euros, followed by France and Italy. Notably, Spain saw a significant year-on-year growth of 17.29%, while Denmark faced a decline of 17.95%. This sector has shown varying growth with countries like Italy and Sweden experiencing expansions, while others, like Norway and Denmark, experiencing contractions. The 5-year CAGR indicates steady growth across leading markets, driven by innovations and demographic shifts.
Future trends in this market involve monitoring technological advancements, aging populations leading to higher demand, and healthcare policy changes. Innovation in materials and manufacturing processes might drastically shift production advantages among countries.
Top countries in Sold Production of Orthopaedic Appliances, Splints and Other Fracture Appliances by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,137,700,000 | 2023 | +2.73% | +4.49% | View data |
| 2 | 2 France | 659,440,000 | 2023 | +5.4% | +0.49% | View data |
| 3 | 3 Italy | 398,060,000 | 2023 | +3.86% | +12.84% | View data |
| 4 | 4 United Kingdom | 213,660,000 | 2023 | +3.2% | +2.12% | View data |
| 5 | 5 Spain | 203,630,000 | 2023 | +16.28% | +17.29% | View data |
| 6 | 6 Netherlands | 124,030,000 | 2023 | +5.92% | +3.63% | View data |
| 7 | 7 Belgium | 120,570,000 | 2023 | +3.36% | +2.79% | View data |
| 8 | 8 Norway | 81,654,000 | 2023 | +5.8% | -0.11% | View data |
| 9 | 9 Hungary | 79,032,000 | 2023 | +2.56% | +1.58% | View data |
| 10 | 10 Austria | 68,772,000 | 2023 | +1.57% | +5.63% | View data |