The forecast for the import of medical dressings having an adhesive layer to Singapore shows a steady increase from 2024 to 2028, starting at 1.5036 million kilograms in 2024 and rising to 1.6261 million kilograms by 2028. The actual data for 2023 indicates that the volume stood at 1.4732 million kilograms. The year-on-year growth from 2023 to 2024 is approximately 2.1%, from 2024 to 2025 is 2.1%, from 2025 to 2026 is 2.0%, from 2026 to 2027 is 1.9%, and from 2027 to 2028 is 1.9%. The compound annual growth rate (CAGR) over the five years is around 2.0%.
Future trends to watch for include advancements in medical technology that might lead to the development of more efficient medical dressings, potential policy changes affecting import regulations, and fluctuations in demand due to demographic changes and health crises. The ongoing emphasis on healthcare improvements and emergency preparedness could also impact import volumes positively.
