The UK import of orthopaedic and fracture appliances saw a fluctuation between 2013 and 2023. The volume in 2023 stood at 7.0565 Million Kilograms. The imports showed significant growth in 2015 and 2016 but faced a notable decline in 2017. From 2018 onwards, there has been a consistent, albeit moderate, year-on-year increase, with slight fluctuations. The year-on-year variation in 2023 was 2.41%, indicating a steady growth phase. The compound annual growth rate (CAGR) over the last five years (2018 to 2023) was 3.12%.
Looking at the forecasted data from 2024 to 2028, the trend suggests a continuous increase with a forecasted 5-year CAGR of 1.66%, resulting in an 8.58% growth rate over the forecasted period. Future trends to watch for include advancements in orthopaedic technologies, changes in healthcare policies, and potential disruptions in supply chains which could influence import volumes. Continuous monitoring of these factors will provide deeper insights into the market trajectory.
