In the historical data from 2013 to 2023, the import volume of ophthalmic instruments and appliances to Thailand reveals a fluctuating yet generally upward trend, standing at 199.76 thousand kilograms in 2023. A year-on-year growth of 3.4% was observed from 2022 to 2023. Analyzing the compound annual growth rate (CAGR) over the last five years shows an average annual growth rate of 9.39%, indicating steady market expansion.
From 2024 onwards, forecasted data suggest a moderate growth trajectory, with an expected 5-year CAGR of 2.27%. By 2028, the volume is projected to reach 230.65 thousand kilograms, reflecting an overall growth rate of 11.86% from 2023.
Future trends to watch for include potential advancements in ophthalmic technology, changes in regulatory policies, and economic factors that might influence import volumes. Additionally, demographic shifts and increasing healthcare awareness could drive further demand in this sector.