European healthcare expenditure on medical and diagnostic laboratories exhibits considerable variation across countries. As of 2023, Latvia leads with a GDP expenditure of 1.02%, showing a significant year-on-year increase of 35.91%. Portugal follows at 0.73%, reflecting a 19.46% rise. Liechtenstein also demonstrates notable growth at 34.59%, with a GDP expenditure of 0.53%. On the contrary, countries like Belgium (0.01%) and Ireland (0.03%) reflect minimal investment in this sector. While Estonia shows a remarkable 82.06% growth, Malta and Austria have experienced declines of -2.2% and -1.59%, respectively.
Future trends to watch for in European healthcare expenditure include:
- Continued growth in Eastern European countries as they modernize their healthcare infrastructure.
- Potential plateauing or decline in countries with already robust healthcare systems unless they invest in new technologies.
- Increasing importance of digital health and telemedicine, potentially influencing expenditure patterns.
Top countries in Healthcare Expenditure on Medical and Diagnostic Laboratories by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Latvia | 1.02 | 2023 | +27.5% | +35.91% | View data |
| 2 | 2 Portugal | 0.73 | 2023 | +19.67% | +19.46% | View data |
| 3 | 3 Liechtenstein | 0.53 | 2023 | +32.5% | +34.59% | View data |
| 4 | 4 Cyprus | 0.52 | 2023 | 0% | +1.61% | View data |
| 5 | 5 France | 0.52 | 2023 | +18.18% | +21.06% | View data |
| 6 | 6 Slovakia | 0.47 | 2023 | +4.44% | +4.34% | View data |
| 7 | 7 Bulgaria | 0.44 | 2023 | +25.71% | +29.67% | View data |
| 8 | 8 Estonia | 0.4 | 2023 | +21.21% | +82.06% | View data |
| 9 | 9 Czech Republic | 0.35 | 2023 | +20.69% | +21.91% | View data |
| 10 | 10 Netherlands | 0.32 | 2023 | +28% | +26.19% | View data |
