The production of medical and dental instruments and supplies in Sweden stood at 16.56 billion Swedish Kronas in 2023. The industry showed moderate fluctuations over the past decade, with notable growth spurts in 2014 and 2016, but overall remained relatively stable. From 2013 to 2023, the CAGR averaged 0.71%, indicating sluggish but consistent growth. Year-on-year variations over the last two years showed minimal increases of around 0.042% annually.
Looking at forecasted data from 2024 to 2028, the industry is expected to maintain this trend with a forecasted 5-year CAGR of 0.03%. The future growth rate remains marginal at 0.18%, suggesting steadiness without significant expansion.
Future trends to watch for:
- Technological advancements and their adoption in medical and dental fields.
- Potential regulatory changes impacting production and costs.
- Sweden's position in global markets for medical and dental supplies.
- International trade dynamics and supply chain disruptions.
