Key Market Indicators
Luxembourg is set to experience a steady rise in medical technology density and expenditure over the coming years. By 2026, medical technology density is expected to reach 14 units, a 1.5% rise from 13 units in 2021. Year-on-year supply has increased by 5.4% since 1985. Medical product expenditure is also projected to increase 2.1% year on year, reaching €299.06 million by 2026, up from €269.83 million in 2021. Year-on-year demand has been on the rise since 2000, with a 6.7% increase. Luxembourg ranked 29th in 2021, with Estonia ahead at €269.83 million. France, the United Kingdom and Italy took spots 2, 3 and 4 respectively.
Luxembourg Medical Device Market Data and Forecasts
How much will Luxembourg Medical Device Market grow to 2026?
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