The value added of medical and dental instruments and supplies in Germany has shown a varied trend from 2013 to 2023. The sector stood at 15.21 billion Euros in 2023. Over the past decade, the industry witnessed a significant peak in 2017 with a 21.1% year-on-year variation. This period also observed fluctuations, especially in 2019 with a -4.44% decline. However, from 2013 to 2023, the compound annual growth rate (CAGR) stood at a modest 1.13%.

In the forecast period from 2024 to 2028, the sector is anticipated to grow steadily. The CAGR is expected to be 1.42%, culminating in a forecasted value of 16.64 billion Euros by 2028. This suggests a slower growth rate relative to the previous decade but still indicates positive growth.

Future trends to watch for:

Innovation in medical technology and digital health solutions driving sector growth
Regulatory changes affecting market dynamics
Increasing demand for high-quality medical and dental care
Potential impacts of economic fluctuations on healthcare spending