Artificial joints of the body market in Austria

Earlier Report Observations

From 2018, research and development efforts such as the LifeLongJoints project, which received €13 million in funding to develop wear-resistant coatings for hip and knee implants, aimed at extending product lifespan and reducing complications. Concurrently, the neighboring German market reported an 18% rise in knee implantations between 2013 and 2016, driven by financial incentives for hospitals, suggesting growing regional demand for joint replacements. In Austria, the market size for artificial joints was valued at $76.0 million in 2019, declined to $71.8 million in 2020, and recovered to $82.4 million in 2021.

After 2021, import and export values expanded significantly, with exports surging from $35.2 million in 2021 to $201.5 million in 2024, indicating strengthened international trade activity. In 2024, new EU-wide regulations came into force, including the Product Liability Directive 2024/2853 and the AI Act, which set stricter safety and quality requirements for medical devices incorporating artificial intelligence. These rules compel manufacturers to integrate safety considerations early in design, potentially affecting innovation cycles. Furthermore, continued growth in implantation numbers in Germany and the presence of major medical technology firms like Stryker and Zimmer Biomet provided ongoing market momentum.

Production artificial joints of the body in Austria

In value, 2017-2020, K $ US

In 2020, Austria's output of artificial joints was valued at 11,630 thousand US dollars, representing a significant 14.6% decrease from the previous year.

Annual dynamics of production in Austria in value, 2017-2020, K $ US

Exports artificial joints of the body from Austria

Exports in kind, kg

In 2020, Austria exported 30,943 kg of artificial joints, marking a sharp 24.8% decline from 2019. The peak export volume was recorded in 2019 at 41,146 kg, which saw the largest annual increase of 17.9%. Over the period from 2017 to 2020, exports fell by 11.5%, averaging an annual decrease of 4.0%.

Annual dynamics of product's exports from Austria in kind, 2017-2020, kg

From 2017 to 2020, Hungary, Poland, and Germany were the main destinations for Austria's artificial joint exports by volume. Hungary accounted for 26.2% of exports, Poland for 19.8%, and Germany for 11.7%, together making up 57.7% of total export volume.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Austria in kind, 2017-2020

Exports in value, M $ US

After two years of growth, Austria's cross-border shipments of artificial joints declined in 2020. Exports totaled 32.0 million US dollars, down 20.9% from the previous year. The highest value was recorded in 2019 at 40.4 million US dollars, while the largest increase occurred in 2018 with a 26.2% rise.

Annual dynamics of product's exports from Austria in value, 2017-2020, M $ US

Between 2017 and 2020, Poland, Germany, and Hungary remained the leading destinations for Austria's artificial joint exports by value. Poland held a 21.1% share, Germany 20.9%, and Hungary 15.4%, collectively accounting for 57.4% of total export value.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Austria in value, 2017-2020

Imports artificial joints of the body to Austria

Imports in kind, kg

In 2020, Austria imported approximately 79,878 kg of artificial joints, an 11.4% decrease from 2019. The maximum import volume was in 2019 at 90,105 kg, which also saw the largest annual increase of 9.8%. From 2017 to 2020, imports dropped by 10.7%, averaging an annual decline of 3.7%.

Annual dynamics of product's imports to Austria in kind, 2017-2020, kg

Throughout 2017–2020, Switzerland, the United States, and Germany were the primary sources for Austria's artificial joint imports by volume. Switzerland contributed 24.3% of imports, the United States 24.0%, and Germany 19.0%, together making up 67.3% of total import volume.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Austria in kind, 2017-2020

Imports in value, M $ US

Austria's imports of artificial joints declined for the second consecutive year in 2020, reaching 92.1 million US dollars, a notable 10.4% drop from 2019. The peak import value was in 2018 at 103.0 million US dollars, which also experienced the largest annual increase of 4.7%. Over the 2017–2020 period, imports decreased by 6.3%, with an average annual rate of decline of 2.2%.

Annual dynamics of product's imports to Austria in value, 2017-2020, M $ US

From 2017 to 2020, the United States, Germany, and Switzerland led as suppliers of artificial joints to Austria by value. The United States accounted for 26.5% of imports, Germany for 23.6%, and Switzerland for 22.2%, with their combined share reaching 72.4% of total import value.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Austria in value, 2017-2020