Electro diagnostic and imaging apparatus for medical, surgical, dental or veterinary use market in Italy

Earlier Report Observations

Italy's market for electro-diagnostic and imaging apparatus experienced substantial growth between 2018 and 2020, with the market value rising from 472.3 million dollars to 858.8 million dollars. This expansion was interrupted in 2021 when the market contracted to 712.5 million dollars.

Domestic production also grew notably in 2019, reaching 382.2 million dollars, but fell in 2020 before recovering partially in 2021. Imports of these apparatuses rose consistently, peaking at 952.1 million dollars in 2023, while exports remained relatively stable throughout the period.

In 2024, the Italian market saw the adoption of national guidelines for veterinary medical devices, strengthening consumer safety and defining specific regulations based on EU rules. Additionally, there was increased use of advanced veterinary imaging technologies, such as 2D and 3D CBCT devices, driven by Italian companies like Newtom introducing innovative solutions. Growth in demand for advanced diagnostic equipment in veterinary care was supported by higher pet care spending and mandatory investments in digital prescription platforms and imaging suites in veterinary clinics.

Production electro diagnostic and imaging apparatus in Italy

In value, 2017-2020, M $ US

In 2020, Italy's production of electro-diagnostic and imaging apparatus for medical, surgical, dental, or veterinary use was valued at 337.5 million US dollars, marking an 11.7% year-on-year decline. Production peaked in 2019 at 382.2 million US dollars, with the largest annual increase of 63.8% recorded that same year. Over the period from 2018 to 2020, overall production grew by 44.6%, translating to an average annualized rate of 13.1%.

Annual dynamics of production in Italy in value, 2017-2020, M $ US

Exports electro diagnostic and imaging apparatus from Italy

Exports in kind, t

In 2020, Italy exported 2,110 tonnes of electro-diagnostic and imaging apparatus for medical, surgical, dental, or veterinary use, representing a 25.2% contraction compared to the previous year. Exports reached their highest level in 2019 at 2,821 tonnes, with the largest annual increase of 3.8% occurring that year. From 2017 to 2020, exports decreased by 23.1%, averaging an annualized decline of 8.4%.

Annual dynamics of product's exports from Italy in kind, 2017-2020, t

Between 2017 and 2020, Italy's exports of electro-diagnostic and imaging apparatus for medical, surgical, dental, or veterinary use were distributed across numerous markets. Germany accounted for 18.7% of these exports, the United States for 11.8%, and Spain for 7.2%. Together, these three countries represented just 37.7% of total export flows.

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

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

Exports in value, M $ US

In 2020, Italy's exports of electro-diagnostic and imaging apparatus for medical, surgical, dental, or veterinary use amounted to 230.3 million US dollars, reflecting a 14.5% decline from 2019. The highest export value was recorded in 2019 at 269.4 million US dollars, with the largest annual increase of 7.0% occurring that year. From 2017 to 2020, exports decreased by 10.1%, averaging an annualized decline of 3.5%.

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

From 2017 to 2020, Italy's exports of electro-diagnostic and imaging apparatus for medical, surgical, dental, or veterinary use in value terms were not heavily concentrated. The United States accounted for 12.3% of these exports, Germany for 7.0%, and China for 6.2%. Combined, these three markets captured only 25.5% of total export flows.

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

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

Imports electro diagnostic and imaging apparatus to Italy

Imports in kind, t

In 2020, Italy imported 3,954 tonnes of electro-diagnostic and imaging apparatus for medical, surgical, dental, or veterinary use, showing a 23.3% improvement compared to the previous year. Imports reached their lowest point in 2019 at 3,207 tonnes, with the largest annual decline of 30.0% recorded that year. The highest import volume was in 2018 at 4,580 tonnes. Over the period from 2017 to 2020, imports increased by 6%, averaging an annualized growth rate of 2.0%.

Annual dynamics of product's imports to Italy in kind, 2017-2020, t

Between 2017 and 2020, China led as the top supplier of electro-diagnostic and imaging apparatus for medical, surgical, dental, or veterinary use to Italy, accounting for 25.3% of imports in kind. The Netherlands followed with 21.7%, and Germany with 20.6%. Together, these three countries accounted for 67.7% of total import flows.

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

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

Imports in value, M $ US

Italy's imports of electro-diagnostic and imaging apparatus for medical, surgical, dental, or veterinary use increased for the third consecutive year in 2020, totaling 751.7 million US dollars. This marked a sharp rise of 52.2% compared to 2019. From 2017 to 2020, imports grew by 92.5%, averaging an annualized increase of 24.4%.

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

Throughout 2017 to 2020, Germany was the leading supplier of electro-diagnostic and imaging apparatus for medical, surgical, dental, or veterinary use to Italy in value terms, accounting for 32.1% of imports. The Netherlands followed with 25.6%, and China with 10.9%. Collectively, these three countries accounted for 68.7% of total import flows.

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

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