In 2023, the sold production of installation of medical and surgical equipment in Germany stood at 81.641 million euros. The years leading up to 2023 saw slight fluctuations; with a notable peak in 2019 at 83.69 million euros. However, a gradual decline began post-2019. Notable year-on-year changes include a -2.74% dip in 2020, a modest recovery in 2021 at 2.59%, but it declined again by -1.13% in 2022 and -1.11% in 2023. The compound annual growth rate (CAGR) over the last five years leading up to 2023 remained low at 0.74%.
The future forecast indicates a continued decline, with the production expected to drop to 77.179 million euros by 2028. The projected average annual decrease is indicated at -0.9% per annum over the next five years, reflecting a forecasted decline of around -4.4% overall during this period.
Future trends to watch for include potential impacts from technological advances, healthcare policy changes, and economic factors influencing demand for medical equipment installations. Market adaptability and investment in innovation will be critical for mitigating downward trends and capitalizing on new growth opportunities.
