The import of medical, surgical, or laboratory sterilizers to Thailand has shown consistent growth over the years. From 2013 to 2023, the volume has increased from 257.07 thousand kilograms to 690.9 thousand kilograms. The period from 2013 to 2023 saw fluctuations, including a significant decline in 2020 with a recovery in 2021 and beyond. Notable year-on-year variations include a high of 47.02% in 2015 and a low of -13.41% in 2020. Over the last two years, the import volume growth has stabilized, with year-on-year increases of 3.82% in 2022 and 3.61% in 2023. The last 5-year CAGR stood at 3.38%, indicating steady average annual growth.
Future projections suggest a continued upward trend with a forecasted 5-year CAGR of 2.63% and an overall growth rate of 13.84% by 2028. The import volume is expected to reach 816.59 thousand kilograms by that year, emphasizing a steady demand for sterilizers in the Thai market.
Future trends to watch for include advancements in sterilization technology, changes in healthcare regulations, and increased demand due to rising healthcare awareness and infrastructure development. Monitoring these trends will be crucial for understanding the future dynamics of this market.
