The import of ophthalmic instruments and appliances to Egypt experienced notable highs and lows from 2013 through 2023. A peak was observed in 2015, followed by a significant drop in 2016. From then onward, the market slowly recovered, with steady year-on-year increments. As of 2023, the import value stood at 21.72 million US dollars, showcasing a slight increase year-over-year, with a recent CAGR of 1.87%.
Future trends to watch for include:
- A continued steady growth trend with a forecasted CAGR of 0.94% over the next five years.
- Potential market influences including economic factors, technological advancements, and healthcare policies in Egypt.