The production of medical and dental instruments and supplies in France stood at 6.33 billion Euros in 2023. From 2013 to 2023, production showed a general upward trend despite some fluctuations, most notably in 2017 with an 11.26% decline. The compound annual growth rate (CAGR) over the last five years was 0.88%, indicating moderate growth. Year-on-year changes have been relatively consistent around the 0.5% mark in recent years.
Forecasts indicate continued moderate growth, with the production value expected to reach 6.49 billion Euros by 2028. The forecasted five-year CAGR is 0.39%, showing a slight deceleration in the growth rate compared to historical data.
Future trends to watch:
- Technological advancements in medical and dental instruments
- Policies and regulatory changes in the healthcare sector
- Economic conditions and healthcare spending
- Evolution of global supply chains and their effects on production costs.
