In 2024, Spain leads European healthcare expenditure on therapeutic appliances and medical durable goods, standing at 0.78% of GDP, followed closely by France at 0.77% and Malta at 0.6%. Over the last year, Malta experienced the highest year-on-year increase at 9.57%, while Bulgaria and Ireland saw the largest declines at -3.58% and -4.9%, respectively. Key growth areas included the Czech Republic (10.29%) and Romania (5.92%). Notable CAGR trends over the past five years highlight significant increases in countries like Spain and Portugal.
Future trends to watch for include:
- Potential for increased investment in Eastern European countries like Romania, exhibiting rapid growth.
- Continued high expenditure in Western European nations, especially due to rising aging populations.
- Monitoring regions with declining trends for policy adjustments and targeted investment strategies.
- Impact of technological advancements and digital healthcare innovations on expenditure patterns.
Top countries in Healthcare Expenditure on Therapeutic Appliances and Medical Durable Goods by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 0.78 | 2023 | +2.63% | +3.09% | View data |
| 2 | 2 France | 0.77 | 2023 | +2.67% | +2.52% | View data |
| 3 | 3 Malta | 0.6 | 2023 | +3.45% | +9.57% | View data |
| 4 | 4 Germany | 0.59 | 2023 | 0% | +0.69% | View data |
| 5 | 5 Austria | 0.54 | 2023 | 0% | +1.15% | View data |
| 6 | 6 Slovakia | 0.54 | 2023 | 0% | +0.37% | View data |
| 7 | 7 Portugal | 0.49 | 2023 | +4.26% | +3.63% | View data |
| 8 | 8 Denmark | 0.43 | 2023 | 0% | +0.47% | View data |
| 9 | 9 Switzerland | 0.42 | 2023 | 0% | +0.48% | View data |
| 10 | 10 Netherlands | 0.41 | 2023 | 0% | +0.5% | View data |
