The import of medical X-ray apparatus to Italy has showcased a volatile trend over the past decade. Between 2013 and 2017, there was a notable growth with values peaking in 2017. However, from 2018 onwards, the trend reversed dramatically with substantial declines observed almost every subsequent year. By 2023, the value stood at 8.42 thousand, exhibiting a consistent negative growth since 2017.
Year-on-year percentage variations from 2021 to 2023 reflected continuous declines, at -10.04%, -10.94%, and -12.03% respectively. The CAGR over the last five years was discouraging, with a rate of -21.12% from 2018 to 2023.
Forecasts indicate further contractions, with a projected decline to 2.4 thousand by 2028. The five-year forecast CAGR is expected to be -19.61%, indicating a significant reduction of 66.42% from 2024 to 2028.
Future trends to watch for:
- The impact of technological advancements replacing traditional X-ray apparatus.
- Budget allocations and policy changes in Italy’s healthcare sector.
- Domestic production and increased local competition affecting import needs.
