Needle And Catheter Market Overview in Ireland
In value terms, needle and catheter production fell to $ in 2019 estimated in export prices. Over the period under review, the total production indicated a measured increase from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +% against 2017 indices. The most prominent rate of growth was recorded in 2008 when the production volume increased by % against the previous year. Over the period under review, production reached the maximum level at $ in 2012; however, from 2013 to 2019, production stood at a somewhat lower figure.
The revenue of the needle and catheter market in Ireland soared to $ in 2019, rising by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed resilient growth. The pace of growth appeared the most rapid in 2008 when the market value increased by % against the previous year. Over the period under review, the market attained the peak level at $ in 2012; however, from 2013 to 2019, consumption failed to regain the momentum.