The import of ophthalmic instruments and appliances to Viet Nam has shown significant variability from 2013 to 2023, with a notable upward trend over the past decade. In 2023, the import volume stood at 124.14 thousand kilograms. Starting with a decline from 2013 to 2015, the imports grew remarkably from 2016 onwards, peaking steadily from 2017 with fluctuating growth rates reflecting economic and healthcare market conditions. Recent years, 2021 and 2022, saw moderate yearly increases of approximately 4.7% and 4.4%, respectively. The Compound Annual Growth Rate (CAGR) has varied, but overall, the last five years have averaged a 4.78% growth.
Future trends to watch for include:
- The forecasted trend indicates a slower yet steady growth with a forecasted five-year CAGR of 2.72%, predicting a total growth rate of 14.35% by 2028.
- Monitoring technological advancements and adoption rates in the ophthalmic sector, which could drive higher import volumes.
- Changes in Viet Nam's healthcare policies and economic conditions, influencing the demand for specialized medical equipment.
