The Suture Materials, Sterile Surgical, and Dental Goods market in Thailand has demonstrated a fluctuating trend in value per capita over the years. From 2012 to 2014, there was consistent growth, peaking in 2014 at 0.99 USD per capita. Despite a drop to 0.94 in 2015, this value remained stable through 2017. However, subsequent years saw a decline, reaching a low of 0.7 in 2020 amid the global pandemic, before slightly recovering in 2021 to 0.79 but falling again to 0.72 in 2022. The year-on-year variations between 2021 and 2022 showed a decrease of 8.86%, and between 2020 and 2021, an increase of 12.86%. The compound annual growth rate (CAGR) over the past five years indicates an average decline of 2.12% per year.
Future Trends to Watch For:
- Innovations in suture materials and surgical tools, such as bioresorbable sutures and advanced sterile goods, could boost market value.
- Growing healthcare infrastructure and increased dental tourism in Thailand may drive market expansion.
- Regulatory changes and healthcare policy reforms could impact market dynamics, potentially leading to more stable growth.
- Monitoring the post-pandemic recovery phase is crucial as it may significantly influence market trends.
| # | 29 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Israel | 13.03 | 2023 | View data | ||
| 2 | 2 New Zealand | 12.13 | 2023 | View data | ||
| 3 | 3 Spain | 12.03 | 2023 | View data | ||
| 4 | 4 United Kingdom | 10.5 | 2023 | View data | ||
| 5 | 5 Italy | 10.49 | 2023 | View data | ||
| 23 | 23 South Africa | 1.17 | 2023 | View data | ||
| 24 | 24 Jordan | 1.15 | 2023 | View data | ||
| 25 | 25 Thailand | 0.62 | 2023 | |||
| 26 | 26 El Salvador | 0.61 | 2023 | View data | ||
| 27 | 27 Morocco | 0.42 | 2023 | View data | ||
