Key Market Indicators
Spanish Medical Product Expenditure is projected to reach €16.6 billion by 2028, up from €14.7 billion in 2023. This represents an average annual growth rate of 1.9%. Since 2000, the demand for medical products in Spain has been rising steadily, with an average yearly increase of 2.8%. As of 2023, Spain holds the fourth position in terms of expenditure. Italy leads the pack with an expenditure of €14.7 billion, surpassing Spain. France and Italy rank second and third, respectively, in this expenditure ranking.
