Key Market Indicators
Bulgarian expenditure on medical products is projected to hit €3.3 billion by 2028, up from €2.5 billion in 2023, according to recent forecasts. This marks an average annual growth rate of 4.2%. Since the year 2000, Bulgaria has seen a consistent rise in medical product demand, averaging an annual increase of 9%. In 2023, Bulgaria ranked 14th in Europe for medical product expenditure, with Portugal narrowly surpassing it at €2.5 billion. France, the United Kingdom, and Poland took the top spots in this ranking, coming in at second, third, and fourth place, respectively.
