The import of medical, surgical, or laboratory sterilizers to Thailand has seen notable fluctuations over the past years. The import value in 2023 stood at $25.457 million. Between 2013 and 2023, the import values varied significantly, with a general trend of growth and some years of decline. The most substantial growth rate was in 2018 with a 26.97% year-on-year increase, while notable declines happened in 2015 and 2020, with decreases of 12.48% and 14.27% respectively. For the forecasted period from 2024 to 2028, a consistent growth is expected, with a forecasted CAGR of 2.11%, resulting in an 11.01% increase over five years.
Future trends to watch for:
- Technological advancements in sterilization equipment increasing demand
- Potential economic fluctuations impacting healthcare budgets
- Changes in healthcare regulations and standards influencing import volumes
