The import of ophthalmic instruments and appliances to Malaysia has demonstrated varied trends over the past decade. In 2023, imports stood at 544.83 thousand kilograms. Between 2013 and 2017, there were significant fluctuations with substantial variations such as a notable surge in 2016 followed by a steep decline in 2017. From 2018 onwards, a more consistent growth pattern emerged. Over the last two years (2022 to 2023), the year-on-year growth rate hovered around 2.22%. The compound annual growth rate (CAGR) over the past five years shows a stable yet modest increase at an average of 2.5% annually.
Looking ahead from 2024 to 2028, forecasted data suggests a steady upward trend with a forecasted 5-year growth rate of 7.91% and a CAGR of 1.54%. Future trends to watch include potential advancements in ophthalmic technology, increasing healthcare investments, and rising demand for vision care due to an aging population which could positively influence import volumes.
