Key Market Indicators
Irish expenditure on medical products is projected to hit €1.08 billion by 2028, up from approximately €980 million in 2023. This represents an average annual growth rate of 1.4%. Since the turn of the millennium, Ireland’s demand for medical products has surged by an average of 4.6% each year. As of 2023, Ireland ranked 24th globally in this sector, with Slovakia surpassing it with a similar expenditure of around €980 million. France, the United Kingdom, and Poland occupied the second, third, and fourth spots respectively in the global rankings for medical product expenditure.
