Market research

Electrocardiographs market in Finland

Electrocardiographs market in Finland

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:
English Русский
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File format: docx, xlsx

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Earlier Report Observations

The electrocardiograph market in Finland expanded significantly from 2018 to 2020, with the market size rising from 18 088 thousand US dollars to 32 601 thousand US dollars. This represented a growth of over 80% across the two-year period, peaking in 2020.

From 2021 onwards, the market entered a sustained contraction. The market value fell to 24 523 thousand US dollars in 2021, then dropped further to 15 716 thousand US dollars in 2022. The decline continued through 2023 and 2024, reaching 10 741 thousand US dollars by the end of the period, which was approximately 40% below the 2018 starting level.

Table of content

  1. 1. Disclaimer
  2. 2. Terms of use of the report
  3. 3. Product codes in the statistical classifications used in the report
  4. 4. Key Market Indicators and Trends
    1. 4.1. Key Market Indicators
      1. 4.1.1. In value
        1. 4.1.1.1. Production, 2018-2024
        2. 4.1.1.2. Imports, 2018-2024
        3. 4.1.1.3. Exports, 2018-2024
        4. 4.1.1.4. Market size, 2018-2024
    2. 4.2. Market Trends and Factors
  5. 5. Production
    1. 5.1. Production in Finland
      1. 5.1.1. In kind, 2018-2024, unit
      2. 5.1.2. In value, 2018-2024, K $ US
    2. 5.2. Production in the EU, 2018-2024
      1. 5.2.1. In kind, 2018-2024, unit
      2. 5.2.2. In value, 2018-2024, K $ US
  6. 6. Imports
    1. 6.1. Imports (Direct Data)
      1. 6.1.1. Imports - Total information
      2. 6.1.2. Imports in kind, unit
        1. 6.1.2.1. Annual dynamics of product's imports to Finland in kind, 2018-2024, unit
        2. 6.1.2.2. Dynamics of product's imports in kind to Finland by countries, 2018-2024, unit
        3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
      3. 6.1.3. Imports in value, K $ US
        1. 6.1.3.1. Annual dynamics of product's imports to Finland in value, 2018-2024, K $ US
        2. 6.1.3.2. Dynamics of product's imports in value to Finland by countries, 2018-2024, K $ US
        3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
      4. 6.1.4. Average price of product's imports, $ US/unit
        1. 6.1.4.1. Annual dynamics of average price of product's imports to Finland, 2018-2024, $ US/unit
        2. 6.1.4.2. Dynamics of average price of product's imports to Finland by countries, 2018-2024, $ US/unit
    2. 6.2. Imports (Mirror Data)
      1. 6.2.1. Imports - Total information
      2. 6.2.2. Imports in kind, unit
        1. 6.2.2.1. Annual dynamics of product's imports to Finland in kind, 2018-2024, unit
        2. 6.2.2.2. Dynamics of product's imports in kind to Finland by countries, 2018-2024, unit
        3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
      3. 6.2.3. Imports in value, K $ US
        1. 6.2.3.1. Annual dynamics of product's imports to Finland in value, 2018-2024, K $ US
        2. 6.2.3.2. Dynamics of product's imports in value to Finland by countries, 2018-2024, K $ US
        3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
      4. 6.2.4. Average price of product's imports, $ US/unit
        1. 6.2.4.1. Annual dynamics of average price of product's imports to Finland, 2018-2024, $ US/unit
        2. 6.2.4.2. Dynamics of average price of product's imports to Finland by countries, 2018-2024, $ US/unit
  7. 7. Exports
    1. 7.1. Exports (Direct Data)
      1. 7.1.1. Exports - Total information
      2. 7.1.2. Exports in kind, unit
        1. 7.1.2.1. Annual dynamics of product's exports from Finland in kind, 2018-2024, unit
        2. 7.1.2.2. Dynamics of product's exports in kind from Finland by countries, 2018-2024, unit
        3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
      3. 7.1.3. Exports in value, K $ US
        1. 7.1.3.1. Annual dynamics of product's exports from Finland in value, 2018-2024, K $ US
        2. 7.1.3.2. Dynamics of product's exports in value from Finland by countries, 2018-2024, K $ US
        3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
      4. 7.1.4. Average price of product's exports, $ US/unit
        1. 7.1.4.1. Annual dynamics of average price of product's exports from Finland, 2018-2024, $ US/unit
        2. 7.1.4.2. Dynamics of average price of product's exports from Finland by countries, 2018-2024, $ US/unit
    2. 7.2. Exports (Mirror Data)
      1. 7.2.1. Exports - Total information
      2. 7.2.2. Exports in kind, unit
        1. 7.2.2.1. Annual dynamics of product's exports from Finland in kind, 2018-2024, unit
        2. 7.2.2.2. Dynamics of product's exports in kind from Finland by countries, 2018-2024, unit
        3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
      3. 7.2.3. Exports in value, K $ US
        1. 7.2.3.1. Annual dynamics of product's exports from Finland in value, 2018-2024, K $ US
        2. 7.2.3.2. Dynamics of product's exports in value from Finland by countries, 2018-2024, K $ US
        3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
      4. 7.2.4. Average price of product's exports, $ US/unit
        1. 7.2.4.1. Annual dynamics of average price of product's exports from Finland, 2018-2024, $ US/unit
        2. 7.2.4.2. Dynamics of average price of product's exports from Finland by countries, 2018-2024, $ US/unit
  8. 8. Trade balance
    1. 8.1. Trade balance (Direct Data)
      1. 8.1.1. In kind, unit
      2. 8.1.2. In value, K $ US
    2. 8.2. Trade balance (Mirror Data)
      1. 8.2.1. In kind, unit
      2. 8.2.2. In value, K $ US
  9. 9. Top buying and selling countries, 2018-2024
    1. 9.1. Direct Data
      1. 9.1.1. Import in Value by Countries-buyers
      2. 9.1.2. Export in Value by Countries-suppliers
    2. 9.2. Mirror Data
      1. 9.2.1. Import in Value by Countries-buyers
      2. 9.2.2. Export in Value by Countries-suppliers

Production electrocardiographs in Finland

In value, 2017-2020, K $ US

Finland's electrocardiograph production has grown for the third consecutive year. In 2020, output reached 22 219 thousand US dollars, marking a sharp 49.2% increase compared to the previous year. From 2017 to 2020, production rose by 127%, which translates to an average annual growth rate of 31.4%.

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

Parameter201820192020CAGR
1Change from last year7.8%41.2%49.2%31.4%
Source: SHEV.io

Exports electrocardiographs from Finland

Exports in kind, unit

The market showed an unstable trend during this period. Exports reached their lowest point in 2019 at 1 404 units, then surged to 1 030 835 units in 2020, representing a dramatic 73,321.3% increase year-over-year. This resulted in a 734-fold variation between the two years. The largest decline occurred in 2019, falling by 36.5%.

Annual dynamics of product's exports from Finland in kind, 2017-2020, unit

Parameter201820192020CAGR
1Change from last year44.6%(36.5%)73 321.3%776.9%
Source: SHEV.io

From 2017 to 2020, Turkey, the United Arab Emirates, and Russia were consistently the main destinations for exports in kind. Turkey accounted for 30.6% of exports, the United Arab Emirates for 26.6%, and Russia for 10.0%. Together, these three countries represented 67.1% of total export flows.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

Finland's electrocardiograph exports in value terms reached 3 213 thousand US dollars in 2020, showing a strong 17.9% increase from the previous year. However, over the 2017-2020 period, exports decreased by 8.7%, with a compound annual growth rate of -3.0%. The minimum value was recorded in 2019 at 2 726 thousand US dollars, while the peak occurred in 2018 at 3 716 thousand US dollars. The largest decline was in 2019, dropping by 26.6%.

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

Parameter201820192020CAGR
1Change from last year5.6%(26.6%)17.9%(3.0%)
Source: SHEV.io

Throughout 2017-2020, Turkey, the United Arab Emirates, and South Africa remained the three largest markets for exports in value terms, collectively accounting for 65.1% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports electrocardiographs to Finland

Imports in kind, unit

Finland's electrocardiograph imports in kind have increased for the third consecutive year. In 2020, imports totaled 2 171 889 units, a substantial rise of 1,233.4% compared to the previous year. From 2017 to 2020, imports grew by 19,323.1%, equating to an average annual growth rate of 479.1%.

Annual dynamics of product's imports to Finland in kind, 2017-2020, unit

Parameter201820192020CAGR
1Change from last year30.7%1 014.7%1 233.4%479.1%
Source: SHEV.io

Between 2017 and 2020, India, Malaysia, and the United States consistently led the country structure of imports in kind. India represented 40.4% of imports, Malaysia 22.7%, and the United States 9.3%. Together, these three countries accounted for 72.4% of total import flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

Finland's electrocardiograph imports in value terms have risen for the third year in a row. In 2020, imports reached 13 595 thousand US dollars, up 16.8% year-over-year. Over the 2017-2020 period, imports increased by 29.5%, with a compound annual growth rate of 9.0%.

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

Parameter201820192020CAGR
1Change from last year7.2%3.4%16.8%9.0%
Source: SHEV.io

From 2017 to 2020, India, Malaysia, and the United States remained the primary markets for imports in value terms. India accounted for 43.0% of imports, Malaysia for 21.8%, and the United States for 8.0%. Collectively, these three countries represented 72.8% of total import flows.

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

Source: SHEV.io

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

Source: SHEV.io

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