European Medical Device Trends in 2022
Medical Device is part of Healthcare and includes a number of sub-sectors such as Diagnostic Imaging, Orthopedics, Eyewear and In Vitro Diagnostics. You may also be interested in Medical Supply, Maternal Health and Reproductive Health.
Medical product expenditure in Europe is set to reach around €173 billion by 2026. This is up from €162 billion in 2021, with an average year-on-year growth of 1.1%. Since 2016, Europe's demand for medical products has increased by 2.3% annually. Germany is leading the way in medical product expenditure with €47 billion in 2021. France, the UK and Italy follow in second, third and fourth place respectively. Greece has seen year-on-year growth of 12.5%, while Cyprus has seen an 8% drop since 2016.
Top 10 countries
In 2022 major markets in the Medical Device Industry were:
Global Medical Device Statistics
- Medical Product Expenditure 64 countries (Europe, Northern Europe, Western Europe...)
- Health Expenditure 230 countries (Europe, Western Europe, Northern Europe...)
- Prescription Glasses Import 191 countries (Asia, Africa, Sub-Saharan Africa...)
- Diagnostic Imaging Density 62 countries (Europe, Northern Europe, Southern Europe...)
- Prescription Glasses Export 172 countries (Europe, Asia, Latin America...)
- Diagnostic Reagent Import 191 countries (Africa, Asia, Sub-Saharan Africa...)
- Dental Instrument And Supply Import 191 countries (Asia, Africa, Latin America...)
- Measuring Equipment Import 191 countries (Asia, Africa, Sub-Saharan Africa...)
- Out Of Pocket Expenditure 219 countries (Europe, Western Europe, Northern Europe...)
- Diagnostic Reagent Export 169 countries (Asia, Latin America, Africa...)
Global Medical Device Industry Database
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