The import volume of suture materials, sterile surgical, and dental goods to Brazil has displayed an overall increasing trend from 2013 to 2023, growing from 49.73 thousand kilograms to 93.44 thousand kilograms. Despite experiencing fluctuations, including minor dips in 2016 and 2022, the general upward trend is clear. Between 2021 and 2023, the annual growth rate stabilized, with year-on-year growth rates of -6.49% in 2022 followed by a recovery with a 2.73% growth in 2023. The compound annual growth rate (CAGR) over the last five years stands at 3.02%.
The forecast for the period from 2024 to 2028 indicates a continued steady increase in import volumes, reaching 105.55 thousand kilograms by 2028. This prediction suggests a forecasted 5-year CAGR of 1.8%, resulting in an overall growth rate of 9.32% over this span.
Future trends to watch for include possible impacts of advancements in medical technology, economic policies affecting import tariffs, and shifts in Brazil's healthcare sector that could influence demand for medical supplies, including response measures for healthcare crises or changes in regulatory standards.