Belgium Medical Device Industry Outlook 2024 - 2028

See how Belgium Medical Device performed compared to key markets such as the United States, Russia and Italy.

Key Market Indicators

**Belgium's Medical Technology Density to Climb to 351 Units by 2028** Belgium is poised to see its medical technology density rise to 351 units by 2028, up from 306 units in 2023. This represents an average annual growth rate of 2.2%. Since 2008, the country's supply has grown consistently at an annual rate of 2.3%. In 2023, Belgium ranked ninth globally in medical technology density, with Romania surpassing it at 306 units. Russia, Italy, and South Korea occupied the second, third, and fourth spots, respectively. **Medical Product Expenditure to Hit €4.86 Billion by 2028** Belgium's expenditure on medical products is projected to reach €4.86 billion by 2028, rising from €4.46 billion in 2023. This marks an average annual growth of 1.4%. Since 2000, Belgian demand for medical products has increased at an annual rate of 2.6%. In 2023, Belgium ranked eighth in medical product expenditure, with Romania surpassing it with €4.46 billion. France, the United Kingdom, and Poland held the second, third, and fourth positions, respectively, in this ranking.

Belgium Medical Device Market Data and Forecasts

Belgium Medical Device : how will it grow in the coming years?

Forecast: Healthcare Expenditure on Therapeutic Appliances and Medical Durable Goods in Belgium
Forecast: Export of Orthopaedic Appliances from Belgium
Forecast: Import of Orthopaedic Appliances to Belgium
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