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Export News
21-05-2025
In 2024, the global healthcare sector continues to rely heavily on advanced manufacturing and innovation from a few powerhouse nations. As international demand for medical devices, surgical tools, and pharmaceutical supplies grows, several countries and companies are establishing themselves as the world's leading medical products exporter. Below, we explore the top-performing countries and corporations shaping the global medical products export market.
1. United States: A Global Healthcare Giant
The United States remains the world's leading medical products exporter, driven by its vast healthcare infrastructure, technological advancements, and production capabilities. In the first half of 2024 alone, U.S. exports of healthcare products and equipment rose by €19.8 billion compared to the same period in 2023. With medical giants like Abbott Laboratories and Carestream Health contributing significantly, the U.S. maintains a dominant position on the global stage.
2. Germany: Europe's Medical Manufacturing Hub
Germany continues to be a major force in the export of medical products. With total exports reaching $202.6 billion in 2022, the country accounted for nearly 13% of the global market. Renowned for precision engineering and quality manufacturing, Germany consistently ranks high among the world's leading medical products exporters.
3. Switzerland: A Precision-Based Medical Exporter
Switzerland saw its healthcare product and equipment exports grow by €6.6 billion in the first half of 2024. Known for its pharmaceutical and diagnostic industries, Switzerland has secured its place as one of the world's leading medical products exporters, thanks in part to companies like SIEMENS Healthineers International AG and others with global market reach.
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4. Netherlands and Mexico: Rising Contenders
The Netherlands and Mexico are showing remarkable growth. The Netherlands increased its medical product exports by €3.6 billion in early 2024, while Mexico followed with a €1.8 billion rise. Both countries are expanding manufacturing capacities and emerging as strong competitors among the world's leading medical products exporters.
5. Asia-Pacific Leaders: China, Japan, and India
China leads in medical device exports, with Q1 2024 exports reaching $31.67 billion. Japan follows with $8.29 billion, mainly in diagnostic and imaging equipment. India, focusing on surgical goods, exported 18.1% of its surgical output to the U.S. from April to August 2024. These nations underscore Asia’s growing significance as part of the world's leading medical products exporter network.
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Top 10 Medical Product Exporters in 2024
According to Tendata, the top corporations by export value include:
SIEMENS Healthineers International AG – $205M (3.4%)
MR Global HK Limited – $173M (2.87%)
Fujifilm Corporation – $169M (2.81%)
PT Unilever Oleochemical Indonesia – $107M (1.77%)
Bard Shannon Limited – $105M (1.75%)
Abbott Laboratories – $91M (1.51%)
Agfa NV – $80M (1.33%)
Philips Medical Systems NL BV – $76M (1.27%)
Draegerwerk AG and Co KGaA – $55M (0.92%)
Carestream Health Hong Kong Limited – $44M (0.74%)
These companies contribute significantly to the export ecosystem, helping their countries maintain their position as a world's leading medical products exporter.
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As healthcare challenges evolve, the demand for quality medical products continues to rise. With the United States leading the way and countries like Germany, Switzerland, China, and India closely following, the race to be the world's leading medical products exporter is shaping global trade and innovation in healthcare.
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