Key Market Indicators
Ireland's expenditure on medical products is projected to hit €1.08 billion by 2028, up from approximately €980 million in 2023. This represents an annual growth rate of 1.4%. Since the turn of the century, Irish demand for medical products has increased at an average rate of 4.6% each year. In 2023, Ireland ranked 11th in global medical product expenditure, with Slovakia narrowly ahead at the same expenditure level of €980 million. France, Italy, and Spain took the 2nd, 3rd, and 4th spots, respectively, in the 2023 rankings for medical product expenditure.
