| Product Code: ETC12687895 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Cyprus continued to experience a steady influx of medical technology imports, with top contributing countries including Germany, Netherlands, Greece, China, and Belgium. The market remained relatively diverse with low concentration, indicating a healthy level of competition. The sector exhibited strong growth, with a Compound Annual Growth Rate (CAGR) of 12.34% from 2020 to 2024. Notably, the growth rate in 2024 alone was 8.9%, showcasing a positive trajectory for the Cyprus medtech import market.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cyprus MedTech Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus MedTech Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus MedTech Market - Industry Life Cycle |
3.4 Cyprus MedTech Market - Porter's Five Forces |
3.5 Cyprus MedTech Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Cyprus MedTech Market Revenues & Volume Share, By Technology Type, 2021 & 2031F |
3.7 Cyprus MedTech Market Revenues & Volume Share, By Application Area, 2021 & 2031F |
3.8 Cyprus MedTech Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Cyprus MedTech Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus MedTech Market Trends |
6 Cyprus MedTech Market, By Types |
6.1 Cyprus MedTech Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus MedTech Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Cyprus MedTech Market Revenues & Volume, By Diagnostic Devices, 2021 - 2031F |
6.1.4 Cyprus MedTech Market Revenues & Volume, By Therapeutic Devices, 2021 - 2031F |
6.1.5 Cyprus MedTech Market Revenues & Volume, By Monitoring Devices, 2021 - 2031F |
6.1.6 Cyprus MedTech Market Revenues & Volume, By Supportive Devices, 2021 - 2031F |
6.2 Cyprus MedTech Market, By Technology Type |
6.2.1 Overview and Analysis |
6.2.2 Cyprus MedTech Market Revenues & Volume, By Imaging Systems, 2021 - 2031F |
6.2.3 Cyprus MedTech Market Revenues & Volume, By Surgical Instruments, 2021 - 2031F |
6.2.4 Cyprus MedTech Market Revenues & Volume, By Wearable Health Tech, 2021 - 2031F |
6.2.5 Cyprus MedTech Market Revenues & Volume, By Prosthetics, 2021 - 2031F |
6.3 Cyprus MedTech Market, By Application Area |
6.3.1 Overview and Analysis |
6.3.2 Cyprus MedTech Market Revenues & Volume, By Hospitals, 2021 - 2031F |
6.3.3 Cyprus MedTech Market Revenues & Volume, By Clinics, 2021 - 2031F |
6.3.4 Cyprus MedTech Market Revenues & Volume, By Home Care, 2021 - 2031F |
6.3.5 Cyprus MedTech Market Revenues & Volume, By Rehabilitation Centers, 2021 - 2031F |
6.4 Cyprus MedTech Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Cyprus MedTech Market Revenues & Volume, By Healthcare Providers, 2021 - 2031F |
6.4.3 Cyprus MedTech Market Revenues & Volume, By Medical Professionals, 2021 - 2031F |
6.4.4 Cyprus MedTech Market Revenues & Volume, By Patients, 2021 - 2031F |
6.4.5 Cyprus MedTech Market Revenues & Volume, By Elderly, 2021 - 2031F |
7 Cyprus MedTech Market Import-Export Trade Statistics |
7.1 Cyprus MedTech Market Export to Major Countries |
7.2 Cyprus MedTech Market Imports from Major Countries |
8 Cyprus MedTech Market Key Performance Indicators |
9 Cyprus MedTech Market - Opportunity Assessment |
9.1 Cyprus MedTech Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Cyprus MedTech Market Opportunity Assessment, By Technology Type, 2021 & 2031F |
9.3 Cyprus MedTech Market Opportunity Assessment, By Application Area, 2021 & 2031F |
9.4 Cyprus MedTech Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Cyprus MedTech Market - Competitive Landscape |
10.1 Cyprus MedTech Market Revenue Share, By Companies, 2024 |
10.2 Cyprus MedTech Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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