Between 2013 and 2023, the import of orthopaedic appliances to Finland displayed a generally upward trend, beginning at $182.87 million in 2013 and reaching $216.88 million in 2023. Despite a notable decline in 2015, the overall trend shows incremental growth. The year-on-year variations showcase fluctuations, with highs such as an 11.96% increase in 2018 and lows like a 15.02% decrease in 2015. The CAGR over the last five years stands at 1.73%, demonstrating moderate growth.
Future trends to watch for:
- Continuous growth in orthopaedic appliance imports, forecasted to reach $238.02 million by 2028.
- Steady annual growth with a forecasted 5-year CAGR of 1.47%.
- Potential influences from technological advancements and an aging population driving demand.