Artificial joints of the body market in Portugal

Earlier Report Observations

The market size for artificial joints in Portugal was valued at 38 815 тыс. $ in 2018, then decreased to 36 400 тыс. $ in 2019. A recovery followed, with the market reaching 40 512 тыс. $ in 2021.

By 2024, the market volume had declined to 37 498 тыс. $. During these years, underlying demographic and technological factors shaped the sector. Portugal's aging population increased the prevalence of orthopedic conditions, while advancements such as robotic-assisted surgery and 3D-printed personalized implants improved surgical outcomes. The public healthcare system, responsible for approximately 80% of hospital spending, remained the primary financier for joint replacement procedures. Market challenges included high device costs and price sensitivity in procurement decisions, which may have tempered growth in value terms.

Production artificial joints of the body in Portugal

In value, 2018-2021, K $ US

In 2021, Portugal's production of artificial joints was valued at 2 087 thousand US dollars, marking a 1.9% decrease from the previous year. Looking at the broader period from 2018 to 2021, production declined by 22.9%, which translates to an average annual decrease of 8.3%.

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

Exports artificial joints of the body from Portugal

Exports in kind, kg

Portugal's exports of artificial joints declined for the second year in a row. In 2021, the export volume reached 7 488 kilograms, showing a modest drop of 6.4% compared to 2020. Over the 2018-2021 period, exports decreased by 8.4%, with a compound annual growth rate of -2.9%. The highest export volume was recorded in 2019 at 8 939 kilograms, which saw a 9.4% increase that year. In contrast, 2020 experienced the largest decline of 10.5%.

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

From 2018 to 2021, three key markets—Spain, Brazil, and Turkey—collectively accounted for 67.5% of Portugal's total exports of artificial joints by volume.

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

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

Exports in value, K $ US

After two years of decline, Portugal's exports of artificial joints rebounded in 2021, reaching 8 261 thousand US dollars, a significant increase of 34.7% from the previous year. Between 2018 and 2021, exports grew by 30.9%, averaging an annual growth rate of 9.4%. The lowest value was recorded in 2020 at 6 132 thousand US dollars, which saw a decline of 2.2% that year.

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

During 2018-2021, Spain, the Netherlands, and Brazil remained the top buyers of artificial joints from Portugal in value terms, with shares of 27.1%, 20.6%, and 15.1%, respectively. Together, these three markets accounted for 62.8% of total export value.

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

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

Imports artificial joints of the body to Portugal

Imports in kind, kg

Portugal's imports of artificial joints declined for the second consecutive year. In 2021, imports were recorded at 36 877 kilograms, remaining relatively stable compared to 2020. Over the 2018-2021 period, imports decreased by 12.9%, with an average annual decline of 4.5%. The peak import volume occurred in 2019 at 66 705 kilograms, which saw a 57.6% increase that year. In 2020, imports fell sharply by 44.5%, marking the largest decline.

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

From 2018 to 2021, Spain, the Netherlands, and France were the leading suppliers of artificial joints to Portugal by volume, with shares of 47.3%, 22.4%, and 7.1%, respectively. Combined, they represented 76.9% of total imports.

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

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

Imports in value, K $ US

Following two years of decline, Portugal's imports of artificial joints increased in 2021, reaching 46 686 thousand US dollars, a substantial gain of 31.8% from the previous year. Between 2018 and 2021, imports rose by 10.1%, averaging an annual growth rate of 3.2%. The lowest value was recorded in 2020 at 35 422 thousand US dollars, which experienced an 11.5% decline that year.

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

Throughout 2018-2021, Spain, the Netherlands, and France formed the core group of suppliers for Portugal's imports of artificial joints in value terms, with shares of 40.3%, 28.6%, and 10.9%, respectively. Together, they accounted for 79.9% of total import value.

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

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