Orthopedic Artificial Joints Market Overview in Denmark
In value terms, orthopedic artificial joints production rose sharply to $ in 2019 estimated in export prices. The total output value increased at an average annual rate of +% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2010 with an increase of % year-to-year. Over the period under review, production attained the peak level at $ in 2015; afterwards, it flattened through to 2019.
The value of the orthopedic artificial joints market in Denmark 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 continues to indicate noticeable growth. The growth pace was the most rapid in 2011 when the market value increased by % y-o-y. Denmark consumption peaked in 2019 and is expected to retain growth in the near future.