The import volume of ophthalmic instruments and appliances to Argentina in 2023 stood at 76.66 thousand kilograms. The import volume experienced significant fluctuations over the past decade, with notable increases in 2014, 2015, and 2017, and decreases in 2016 and 2018. The last two years showed a modest year-on-year variation, with 2.4% in 2023 and 2.51% in 2022. The compound annual growth rate (CAGR) over the last five years was 4.03%, indicating a steady growth trend. Looking ahead, the forecasted 5-year CAGR is expected to be 1.65%, with an overall growth rate of 8.54% by 2028.
Future trends to watch for:
- The impact of new technology and innovation in ophthalmic instruments
- Regulatory changes affecting import policies in Argentina
- Economic factors influencing budget allocations for healthcare and medical imports
- Shifts in demographics and an aging population driving demand for ophthalmic care
