Key Market Indicators
Portuguese expenditure on medical products is projected to climb to €3.78 billion by 2028, up from €3.06 billion in 2023. This growth reflects an average annual increase of 3.3%. Since the turn of the millennium, demand for medical products in Portugal has been rising steadily, recording an annual growth rate of 4.8%. As of 2023, Portugal holds the eighth position in the European ranking for medical product expenditure. Austria currently surpasses Portugal with an expenditure of €3.06 billion. Leading the rankings are France, Italy, and Spain, which occupy the second, third, and fourth positions, respectively.
