In 2023, the sales of surgical appliances and supplies, including orthopedic, prosthetic, and therapeutic items, stood at approximately USD 22.218 billion in the United States. For 2024, the sales are forecasted to reach USD 22.226 billion, marking a slight increase from the previous year.
The year-on-year growth observed from 2025 to 2028 is incredibly modest, with the value barely increasing each year by around USD 0.008 billion. Over the five-year forecast period from 2024 to 2028, the compound annual growth rate (CAGR) indicates a negligible upward trend, essentially plateauing.
Future trends to watch for include technological advancements in medical devices, potential regulatory changes affecting product availability, and shifts in healthcare funding and reimbursement policies, which may impact market growth significantly.
