The import of ophthalmic instruments and appliances to the UK is forecasted to steadily increase from $233.1 million in 2024 to $255.52 million by 2028. Assuming a 2023 baseline, this indicates a consistent annual growth trajectory. Year-on-year growth increases are gradual, showcasing a positive trend reflective of rising demand or technological advances in this sector. Across the five-year forecast period, this trajectory suggests a moderate compound annual growth rate (CAGR), underscoring stable market expansion.
Looking ahead, several trends are noteworthy:
- Growing prevalence of vision-related health issues and an aging population may drive demand.
- Technological advancements in ophthalmic diagnostics and surgery tools could further enhance import values.
- Potential trade policy adjustments post-Brexit might impact import logistics or costs.