The import of orthopaedic and fracture appliances to Vietnam has shown consistent growth, reaching USD 67.244 million in value in 2023. Over the past five years, the CAGR was 5.88%, illustrating moderate but stable growth. Specifically, year-on-year growth for the past two years was 5.39% in 2022 and 5.01% in 2023.

Looking ahead, forecasted data from 2024 to 2028 suggests a steady growth trajectory with a forecasted CAGR of 3.19%. The total market is expected to expand by 16.99% from 2024 to 2028, reaching USD 82.344 million by 2028.

Future trends to watch for:

Advances in medical technology improving the range and functionality of orthopaedic devices.
Increasing adoption of minimally invasive surgical procedures, driving demand for specialized appliances.
Growing healthcare infrastructure and accessibility in Vietnam promoting higher consumption of medical devices.