The import of orthopaedic and fracture appliances to Finland has shown a steady upward trend over the past decade, with notable growth spikes in 2016 (50.41%) and 2018 (20.35%). By 2023, volume reached 261.0 thousand kilograms. The average annual growth rate (CAGR) for the past five years stands at 2.88%. Yearly variations have mellowed, showing a controlled and stable increase in recent years.
Key trends:
- In 2022, the growth rate was a controlled 3.78%, followed by a slight decrease to 3.57% in 2023.
- From 2024 onwards, a continued steady growth is expected, with a forecasted 5-year CAGR of 2.37%, leading to a cumulative growth of 12.43% by 2028.
Future Trends to Watch For:
- Emergence of advanced medical technology and innovations in orthopaedic appliances.
- Growing aging population in Finland increasing demand for orthopaedic solutions.
- Potential impact of healthcare policies and economic factors on import volumes.