Key Market Indicators
Estonian Medical Product Expenditure is projected to hit approximately €387 million by 2028, up from around €321 million in 2023. This marks an average annual growth rate of 2.9%. Since the year 2000, demand for medical products in Estonia has increased at an average rate of 5.7% per year. In 2023, Estonia ranked 14th in terms of medical product expenditure, with Latvia slightly ahead at nearly €322 million. In the broader European context, France, Italy, and Spain occupied the second, third, and fourth positions, respectively, in this expenditure ranking.
