The import of orthopaedic appliances to India is forecasted to see steady growth from 2024 to 2028. The import value is expected to increase from 648.74 million USD in 2024 to 726.57 million USD in 2028, corresponding to a year-on-year increase of approximately 3-4%. Looking back, the actual import value in 2023 was 629.13 million USD, indicating a consistent upward trend with a compound annual growth rate (CAGR) of about 3.55% over the five-year period.
Future trends to watch for include potential advancements in medical technology, changes in healthcare policies, and economic factors that may influence import fluctuations. Additionally, shifts in demographics and rising healthcare awareness in India may impact the demand for orthopaedic appliances.
