The forecasted import of artificial joints, orthopaedic appliances, artificial teeth, and dental fittings to the UK shows a slight decrease in volume over the period from 2024 to 2028, starting from 158.85 million items in 2024 and decreasing to 158.58 million items in 2028. This indicates a consistent annual decrease in volume, with a very minimal year-on-year decline of approximately 0.04%.
Given the previous year 2023's actual data, the import volume stood at 158.92 million items. This indicates a gradual average annual contraction of approximately 0.05% in the market over the last five years as assessed by CAGR.
Future trends to watch for include technological advancements in medical devices, changing demographic profiles with an aging population, and possibly Brexit-related regulatory impacts on imports. Companies may need to focus on developing innovations to rejuvenate demand or tap into emerging markets to counterbalance the mature market dynamics.
