Trade Trends
The global export market for medical, surgical, or laboratory sterilisers expanded from $1.12B in 2019 to $1.36B in 2023, registering a solid 22.1% increase over the five-year period. Despite fluctuations between 2020 and 2022, the market rebounded strongly in 2023, reaching its highest recorded export value.
This growth reflects rising global demand for sterilisation equipment, driven by increased healthcare spending, stricter infection-control standards, and rapid advancements in medical technology. USD$ trade values indicate that pandemic-driven healthcare expansion played a key role in accelerating demand, while continued innovation and upgraded safety protocols are sustaining long-term market momentum.
Top Trading Countries
- Italy emerged as the leading exporter in 2023 with $192.03M, up from $148.89M in 2019, reflecting a 28.97% increase. Exports edged slightly lower to $191.94M in 2024, showing a marginal -0.05% change.
- China recorded exports of $155.11M in 2023, rising from $127.71M in 2019, a 21.46% increase. Growth continued modestly in 2024, with exports reaching $156.39M, up 0.83%.
- United States exported $150.83M in 2023, compared to $141.05M in 2019, marking a 6.93% rise. Exports declined slightly to $146.80M in 2024, reflecting a -2.67% change.
- Mexico showed strong expansion from $72.77M in 2019 to $123.33M in 2023, a 69.48% increase. However, exports dropped sharply to $9.73M in 2024, a significant -92.11% decline.
- Germany reached $120.20M in 2023, up from $104.40M in 2019, reflecting a 15.14% increase. Exports declined to $95.05M in 2024, marking a -20.92% change.
- Poland exported $59.05M in 2023, rising from $51.58M in 2019, a 14.48% increase. Growth accelerated in 2024, with exports climbing to $65.43M, up 10.81%.
On the Rise
- Spain expanded exports from $31.49M in 2019 to $47.19M in 2023, reflecting a 49.85% increase. Exports grew further to $53.62M in 2024, marking a 13.63% rise.
- Netherlands recorded exceptional growth, increasing from $8.44M in 2019 to $30.89M in 2023, a remarkable 265.81% jump. Exports continued upward to $33.56M in 2024, rising 8.66%.
- Denmark exported $20.29M in 2023, up from $11.57M in 2019, reflecting a 75.42% increase. Exports grew further to $22.25M in 2024, a 9.66% rise.
- Belgium increased exports from $3.46M in 2019 to $4.43M in 2023, a 28.01% rise. Exports surged sharply in 2024 to $8.46M, marking an impressive 90.83% increase.
- Czech Republic grew from $17.34M in 2019 to $20.72M in 2023, reflecting a 19.48% increase. Exports continued to rise in 2024, reaching $21.64M, up 4.44%.
These emerging exporters highlight increasing diversification in global supply chains and growing competitiveness within the medical sterilisation equipment market.
Disclaimer
These insights are based on available trade data and may not represent the full market reality.
