Forecast: Import of Orthopaedic Appliances to South Africa

From 2013 to 2023, the import of orthopaedic appliances to South Africa shows a cyclical yet overall increasing trend in value, standing at $322.15 million in 2023. Although experiencing slight downturns in 2015 and 2019, significant growth patterns resumed from 2017 onwards, noted especially with a 25.21% rise in 2018. The year-on-year variation from 2022 to 2023 was 2.76%. Over the last five years, the CAGR averaged 1.88%, reflecting steady growth.

Future forecasts indicate a continued increase in imports, projected to reach $362.92 million by 2028, with an anticipated 5-year CAGR of 1.88% and total growth of 9.76%. Analysts should monitor the demand for advanced orthopaedic technologies and any global supply chain disruptions that may impact import rates.