The import of orthopaedic and fracture appliances to the US showed positive growth from 2023 to 2028. In 2023, the value stood at $2.785 billion. By 2024, the forecast value increased to $2.8603 billion, indicating a 2.7% year-on-year growth. The trend continues with a 2.8% increase in 2025, 2.7% in 2026, and 2.5% in 2027 and 2028 respectively. The compound annual growth rate (CAGR) from 2023 to 2028 is approximately 2.6%, highlighting steady growth over this period.
Future trends to watch for:
• Technological advancements in orthopaedic devices and materials
• An aging population driving increased demand for orthopaedic care
• Potential impacts of healthcare policy changes on import activities
• Increased focus on minimally invasive surgical techniques involving advanced orthopaedic tools