Import of medical wadding, gauze, and dressings to South Korea observed consistent growth, from 77.013 million USD in 2013 to 147.72 million USD in 2023. The year-on-year variation revealed peaks in 2016 (+19.89%) and 2018 (+11.81%), with a substantial decline in 2022 (-5.55%). The Compound Annual Growth Rate (CAGR) over the last five years stood at 3.62%, demonstrating a moderate pace of growth.
Forecasts predict a continued upward trend, reaching 173.02 million USD by 2028, with an expected 5-year CAGR of 2.37%. Over this period, a modest growth rate of around 12.42% is anticipated.
Future trends to watch for include the impact of technological advancements, changes in healthcare regulations, and potential shifts in global trade policies affecting the import of medical supplies into South Korea.
