Key Market Indicators
Slovakia's expenditure on medical products is projected to rise significantly over the next five years, reaching approximately €1.4 billion by 2028. This marks an increase from the current expenditure of around €1 billion in 2023, reflecting an average annual growth rate of 4.6%. Historical data since 2000 indicates that the demand for medical products in Slovakia has surged by an annual average of 7%. In the 2023 rankings, Slovakia placed 23rd, with Serbia just ahead, also reporting an expenditure of roughly €1 billion. Leading the rankings were France, the United Kingdom, and Poland, occupying the second, third, and fourth positions respectively.