The sold production of medical and dental instruments and supplies in Finland has demonstrated significant fluctuations over the past decade. In 2013, it stood at 299.44 million euros, experiencing both sharp declines and notable recoveries. A decline in 2014 and 2015 was followed by varying growth rates from 2016 to 2023. By 2023, the value reached 352.07 million euros. Over the past two years, growth has stabilized, with year-on-year increases of 3.43% in 2022 and 3.3% in 2023.
The Compound Annual Growth Rate (CAGR) suggests a relatively moderate long-term average growth of 2.88%, with expectations of a 2.29% average annual growth over the next five years, leading to a projected 11.96% increase by 2028 to 406.66 million euros.
Future trends to watch include technological advancements, regulatory changes, and the potential impact of healthcare reforms. These factors could significantly influence the production and supply dynamics within this sector.