Key Market Indicators
British expenditure on medical products is projected to hit €21.4 billion by 2028, up from €19.2 billion in 2023, reflecting an average annual growth rate of 1.6%. Since the turn of the millennium, the demand for medical products in the UK has increased at an average rate of 3.2% per year. In 2023, the UK was ranked third in medical product expenditure. France surpassed the UK with expenditures also totaling €19.2 billion. In the latest rankings, France, the United Kingdom, and Poland occupied the second, third, and fourth positions, respectively.
