The market size for suture materials, sterile surgical, and dental goods in Vietnam was valued at 27.661 million USD in 2023, showing a slight decrease from the previous year. Over the past decade, the market experienced fluctuations, with modest growth noted between 2013 and 2018. The period post-2019 saw a declining trend, partly due to the impacts of external factors on market dynamics, reflected in a negative compound annual growth rate (CAGR) for the recent five years.
Future trends to watch for include:
- Innovations in biodegradable and advanced suture technologies.
- The impact of healthcare infrastructure development in Vietnam.
- Regional economic policies affecting trade and investment in medical goods.
How does Vietnam rank in Suture Materials, Sterile Surgical and Dental Goods Market Size Value?
| # | 33 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 715,350,000 | 2023 | -1.23% | -1.48% | View data |
| 2 | 2 Italy | 604,310,000 | 2023 | -2.1% | -2.65% | View data |
| 3 | 3 France | 571,980,000 | 2023 | -0.54% | -0.83% | View data |
| 4 | 4 Spain | 567,700,000 | 2023 | +0.88% | +0.056% | View data |
| 5 | 5 South Korea | 289,280,000 | 2023 | +4.37% | +4% | View data |
| 20 | 20 Finland | 39,419,000 | 2023 | -0.11% | +0.13% | View data |
| 21 | 21 Norway | 29,344,000 | 2023 | -2% | -2.41% | View data |
| 22 | 22 Vietnam | 27,661,000 | 2023 | -0.65% | -1.98% | |
| 23 | 23 Romania | 26,750,000 | 2023 | +1.71% | +1.01% | View data |
| 24 | 24 Ireland | 24,554,000 | 2023 | +1.67% | +2.05% | View data |
