In 2024, China dominated the global export market for medical needles, catheters, and cannulae, holding a significant 78.39% share. Malaysia and India followed with 12.17% and 9.16% shares, respectively. The remaining countries each contributed less than 1%, with Belarus as the highest among them at 0.58%.
Year-on-year growth trends from 2023 show notable increases for Armenia (65.49%) and Azerbaijan (76.07%), although from small bases. China's exports grew by 3.61%, while Malaysia's rose by 3.56%. In contrast, Norway, Argentina, and Uruguay experienced declines. Over the last five years, the compound annual growth rate indicates positive trends, particularly for emerging markets.
Future trends to watch include the continued expansion of Asian producers like China and India, driven by technological advancements and cost efficiencies. The potential for emerging markets to gain traction suggests scope for diversification in the global supply chain, impacting the overall landscape of medical product exports.
Top countries in Export of Medical Needles, Catheters, Cannulae Share by Country (Units)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 78.39 | 2023 | +3.33% | +3.61% | View data |
| 2 | 2 Malaysia | 12.17 | 2023 | +3.57% | +3.56% | View data |
| 3 | 3 India | 9.16 | 2023 | +4.2% | +3.96% | View data |
| 4 | 4 Belarus | 0.58 | 2023 | +5.25% | +5.86% | View data |
| 5 | 5 Brazil | 0.37 | 2023 | +0.83% | -0.075% | View data |
| 6 | 6 Russia | 0.057 | 2023 | -0.3% | -0.49% | View data |
| 7 | 7 Colombia | 0.049 | 2023 | +0.16% | +1.6% | View data |
| 8 | 8 Peru | 0.007 | 2023 | +4.94% | +0.79% | View data |
| 9 | 9 Armenia | 0.005 | 2023 | +7.26% | +65.49% | View data |
| 10 | 10 Argentina | 0.003 | 2023 | -6.76% | -4.46% | View data |
