Key Market Indicators
Hungary's medical product expenditure is projected to climb to approximately €1.82 billion by 2028, a rise from €1.61 billion in 2023. This marks an average annual growth rate of 2%. Since 2000, Hungary has seen a consistent increase in demand for medical products, with a year-on-year growth rate of 3.8%. In 2023, Hungary ranked 20th in global medical product expenditure. Croatia surpassed Hungary in 2023, reaching the €1.61 billion mark. Leading the rankings in medical product expenditure are France, the United Kingdom, and Poland, occupying the second, third, and fourth positions respectively.
