In 2023, Germany led European healthcare expenditure on retailers of medical goods with €68.34 billion, followed by France and the UK. Strong annual growth was seen in Austria, Cyprus, and Malta, exceeding 17%, while Italy and Greece experienced declines. Consistent 5-year growth was notable in Lithuania and Luxembourg. Portugal and Norway recorded minor negative trends.
Looking ahead, expenditure is anticipated to rise, driven by increased demand for healthcare services, advanced technology, and aging populations. Countries with previously high growth rates may continue to expand, while those with negative trends might introduce policy shifts to stimulate growth.
Top countries in Healthcare Expenditure on Retailers of Medical Goods by Government Schemes and Compulsory Contributory Health Care Financing Schemes by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 68,340 | 2023 | +2.93% | +4.39% | View data |
| 2 | 2 France | 38,760 | 2023 | +3.29% | +3.34% | View data |
| 3 | 3 United Kingdom | 17,490 | 2023 | -0.038% | +0.27% | View data |
| 4 | 4 Spain | 14,380 | 2023 | +4.75% | +4.19% | View data |
| 5 | 5 Italy | 10,460 | 2023 | -0.98% | -1.94% | View data |
| 6 | 6 Austria | 7,960 | 2023 | +20.75% | +17.56% | View data |
| 7 | 7 Netherlands | 5,880 | 2023 | +0.7% | +3.12% | View data |
| 8 | 8 Sweden | 3,530 | 2023 | +1.37% | +1.49% | View data |
| 9 | 9 Belgium | 3,340 | 2023 | +1.65% | +2.09% | View data |
| 10 | 10 Switzerland | 3,060 | 2023 | +3.07% | +4.7% | View data |
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