Artificial joints of the body market in Denmark

Earlier Report Observations

The market for artificial joints in Denmark showed considerable volatility between 2018 and 2024, reaching a peak of 45.7 million US dollars in 2019 before contracting in 2020 and again sharply in 2022. The overall market size was shaped by continuous updates to medical device legislation, which enforced CE marking and market surveillance requirements, affecting product access and compliance costs.

A significant regulatory change was the preparation and subsequent enactment of Law no. 682 on medical devices. Drafted in 2022 and coming into force in May 2023, the law tightened product liability, safety, and oversight rules. This likely contributed to the market's 12% contraction in 2022 as supply chains adjusted, followed by a 12% recovery in 2023 as the new framework was adopted.

Further regulatory evolution occurred in 2024 with the EU's adoption of environmental regulations for consumer products, focusing on durability and repairability. Denmark opted for a cautious implementation, which may introduce future design or information requirements for artificial joints but had limited immediate impact on market volume.

Production artificial joints of the body in Denmark

In value, 2018-2021, K $ US

In 2021, Denmark's production of artificial joints of the body was valued at 1 297 K $ US, marking a strong increase of 20.1% compared to the previous year. Over the period from 2018 to 2021, production grew by 39.9%, with a compound annual growth rate (CAGR) of 11.9%. The largest increase occurred in 2019, at 29.0%, while the largest decline was recorded in 2020, at 9.7%.

Annual dynamics of production in Denmark in value, 2018-2021, K $ US

Exports artificial joints of the body from Denmark

Exports in kind, kg

After two consecutive years of decline, Denmark's exports of artificial joints of the body rebounded in 2021, totaling 4 120 kg, which represents a significant increase of 62.9% compared to 2020. Over the 2018-2021 period, exports decreased by 48.7%, with a compound annual growth rate (CAGR) of -19.9%. The lowest export volume was recorded in 2020 at 2 529 kg, which also saw the largest decline of 50.9%.

Annual dynamics of product's exports from Denmark in kind, 2018-2021, kg

From 2018 to 2021, Sweden and the Netherlands were the dominant destinations for Denmark's exports of artificial joints of the body in kind, jointly accounting for 88.5% of total flows. The remaining volume was distributed among smaller markets.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Denmark in kind, 2018-2021

Exports in value, K $ US

The export market for artificial joints of the body from Denmark showed an unstable trend during this period. The highest export value was reached in 2018, while the lowest was in 2020, reflecting a two-fold gap between these years. In 2021, exports amounted to 6 950 K $ US, marking a gain of 71.0% compared to 2020. The minimum value was recorded in 2020 at 4 065 K $ US, which also experienced the largest decline of 38.6%.

Annual dynamics of product's exports from Denmark in value, 2018-2021, K $ US

Over the 2018-2021 period, Sweden and the Netherlands were the dominant destinations for Denmark's exports of artificial joints of the body in value terms, jointly accounting for 91.8% of total flows. The remaining volume was split among smaller markets.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Denmark in value, 2018-2021

Imports artificial joints of the body to Denmark

Imports in kind, kg

Denmark's imports of artificial joints of the body declined for the second consecutive year in 2021, with a volume of 38 019 kg, marking a slight fall of 0.9% compared to the previous year. Over the 2018-2021 period, imports decreased by 35%, with a compound annual growth rate (CAGR) of -13.4%. The maximum import volume was recorded in 2019 at 62 861 kg, which also saw the largest increase of 7.5%. The largest decline occurred in 2020, at 39.0%.

Annual dynamics of product's imports to Denmark in kind, 2018-2021, kg

From 2018 to 2021, Sweden (36.3% of imports in kind), Belgium (27.3% of imports in kind), and the Netherlands (18.6% of imports in kind) continued to lead as the main suppliers of artificial joints of the body to Denmark, jointly accounting for 82.3% of total imports in kind.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Denmark in kind, 2018-2021

Imports in value, K $ US

In 2021, Denmark's imports of artificial joints of the body from abroad reached 49 653 K $ US, corresponding to a rise of 8.7% compared to 2020. Over the 2018-2021 period, imports increased by 5.1%, with a compound annual growth rate (CAGR) of 1.7%. The minimum value was recorded in 2020 at 45 677 K $ US, while the maximum value was in 2019 at 51 132 K $ US. The largest decline occurred in 2020, at 10.7%.

Annual dynamics of product's imports to Denmark in value, 2018-2021, K $ US

Throughout 2018-2021, the Netherlands (34.3% of imports in value terms), Sweden (29.4% of imports in value terms), and Belgium (29.2% of imports in value terms) remained the key sources for Denmark's imports of artificial joints of the body in value terms, together accounting for 92.9% of total flows.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Denmark in value, 2018-2021