Key Market Indicators
Austria's expenditure on medical products is projected to rise to approximately €4 billion by 2028, increasing from €3.6 billion in 2023. This growth represents an average annual increase of 1.5%. Since the turn of the century, Austrian demand for medical products has been climbing steadily, with an average yearly growth rate of 3.2%. In 2023, Austria secured the 10th spot in global rankings for medical product expenditure. The Netherlands narrowly outpaced Austria, also spending around €3.6 billion on medical products. Leading the rankings were France, the United Kingdom, and Poland, occupying the second, third, and fourth positions, respectively.
