In 2023, the import value of suture materials, sterile surgical, and dental goods to Vietnam stood at 19.352 million USD. As we move through the forecast period from 2024 to 2028, the import value is expected to grow steadily: 19.852 million USD in 2024, 20.358 million USD in 2025, 20.853 million USD in 2026, 21.338 million USD in 2027, and 21.814 million USD in 2028.
Key variations for year-on-year analysis:
- 2023 to 2024: +2.59%
- 2024 to 2025: +2.55%
- 2025 to 2026: +2.44%
- 2026 to 2027: +2.33%
- 2027 to 2028: +2.23%
The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is approximately 2.43% per year.
Future trends to watch:
- Increased demand for advanced medical and dental procedures could drive higher import values.
- Local industrial advancements and potential changes in trade policies could influence import trends.
- Technological advancements in medical materials might shift import needs and patterns.