In 2023, the import of artificial teeth to the Philippines stood at 26.45 thousand kilograms. Starting from 2024, the projected imports demonstrate a clear upward trend, increasing from 27.33 thousand kilograms to 31.27 thousand kilograms by 2028. This consistent growth represents a compound annual growth rate (CAGR) of approximately 3.42% over the five-year period from 2024 to 2028.
Year-on-year variations are as follows:
- 2024 to 2025: 3.74%
- 2025 to 2026: 3.49%
- 2026 to 2027: 3.31%
- 2027 to 2028: 3.17%
Future trends to watch for:
- Increased demand due to an aging population requiring more dental prosthetics.
- Advancements in dental technology and materials driving higher quality imports.
- Economic conditions impacting the overall healthcare budget and spending capabilities.
