The import of ophthalmic instruments and appliances to the UK is on a declining trend from 2024 to 2028, with values forecasted to decrease from 3.1466 million kilograms in 2024 to 3.0382 million kilograms in 2028. Compared to 2023, which served as a baseline, this represents a steady decrease in imports. The year-on-year variation shows a consistent decrease of approximately 0.9% from 2024 to 2025, followed by a similar trend in subsequent years. The compound annual growth rate (CAGR) for the period from 2024 to 2028 is negative, reflecting continuous downward momentum.
Future trends to watch for:
- Potential impacts of trade agreements or tariffs which could influence import volumes positively or negatively.
- Technological advancements in ophthalmic instruments that could either increase domestic production or shift import focus to more advanced equipment.
- Potential changes in regulatory frameworks post-2024 which might affect import strategy and volumes in the UK.
- Consumer demand shifts due to demographic changes, such as an aging population requiring more ophthalmic care.