In 2023, Spain led European healthcare expenditure on therapeutic appliances and medical durable goods, with expenditure at 0.78% of GDP. France (0.62%) and Germany (0.59%) followed. Finland (0.19%), Ireland (0.07%), and Cyprus (0.08%) demonstrated more modest levels of expenditure. Over the last few years, significant growth occurred in the Czech Republic (7.96%) and Romania (8.45%). Conversely, Greece (-3.16%), Ireland (-4.9%), and Bulgaria (-3.58%) faced declines. The compound annual growth rate (CAGR) adds context to these variations.
Future trends to watch for include advancements in telemedicine and personalized medical devices, which may further drive expenditure. An aging population could also increase demand for therapeutic appliances across Europe.
Top countries in Healthcare Expenditure on Therapeutic Appliances and Medical Durable Goods by Retailers of Medical 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 | 0.62 | 2023 | +1.64% | +2.06% | View data |
| 3 | 3 Germany | 0.59 | 2023 | 0% | +0.69% | View data |
| 4 | 4 Austria | 0.54 | 2023 | 0% | +1.15% | View data |
| 5 | 5 Slovakia | 0.54 | 2023 | 0% | +0.37% | View data |
| 6 | 6 Portugal | 0.48 | 2023 | +2.13% | +3.2% | View data |
| 7 | 7 Denmark | 0.43 | 2023 | 0% | +0.47% | View data |
| 8 | 8 Netherlands | 0.4 | 2023 | 0% | +0.51% | View data |
| 9 | 9 Lithuania | 0.36 | 2023 | +2.86% | +2.38% | View data |
| 10 | 10 Slovenia | 0.35 | 2023 | 0% | +1.18% | View data |
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