The import of orthopaedic appliances to Nigeria has shown a consistent increase based on forecasted values. In 2023, the import value stood at $50 million US Dollars. The year-on-year percentage variations show a steady growth trajectory: 5.40% from 2023 to 2024, 5.07% from 2024 to 2025, 4.75% from 2025 to 2026, 4.44% from 2026 to 2027, and 4.19% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the five-year forecast period from 2024 to 2028 is 4.77%.
Future trends to watch for include technological advancements in orthopaedic appliances, changes in healthcare policies, and the economic stability of Nigeria, which could influence the import dynamics. Additionally, demographic trends such as an aging population and rising healthcare awareness are likely to continue driving demand.
