The medical, dental instruments, and supplies industry in the Netherlands has shown fluctuating trends over the past decade. In 2023, the sector stood at 15.372 million hours worked. Notably, this indicates a decline from previous years, reflecting a gradual downward trend. Actual data reveals year-on-year variations moving from positive to negative values, with a notable drop in activity after 2014. Specifically, the last two years saw year-on-year decreases of 2.56% in 2022 and 2.6% in 2023. The Compound Annual Growth Rate (CAGR) over the last five years was -2.38%, demonstrating a steady decrease in hours worked.
The forecast from 2024 to 2028 suggests a continuing decline, with expected contractions in the labor input. Future trends to watch for include:
- Developments in automation and digital technology which could reduce manual hours worked.
- Changes in healthcare policies which may impact the demand for medical and dental supplies.
- Potential economic factors that could influence workforce availability and industry demand.
