The healthcare expenditure on providers of home health care services in Austria has shown significant variability over the past decade. From 2013 to 2020, there was a steady increase, peaking at a 5.99% growth in 2020. The spending dropped considerably by 11.3% in 2021 but rebounded in the following years, reaching 1.76 units in 2023 (our current year). The last five years witnessed an average annual growth rate (CAGR) of 1.8%, whereas the forecasted CAGR for the next five years is 0.88%, indicating a slower growth rate.
Future trends to monitor include potential impacts of demographic changes such as aging population dynamics, government healthcare policies, and technological advancements in home healthcare services. These factors could shape the expenditures and growth rates of the industry significantly in the coming years.