The European healthcare expenditure on pharmacies shows significant variation by country. As of 2023, Germany leads with €35.26M, followed by France at €18.18M, and Spain at €10.19M. Countries like Austria, Poland, and the Netherlands stand much lower, indicating disparities in pharmacy spending. Year-on-year growth rates highlight fluctuations: Austria (14.51%), Portugal (6.69%), and Bulgaria (5.22%) display marked increases, whereas Norway (0.14%) and Belgium (0.84%) show minimal growth. The Compound Annual Growth Rate (CAGR) over the last five years provides insight into sustained trends and average annual increments.
Future trends to watch include demographic shifts, increased pharmaceutical innovations, and policy changes across the EU. Emphasis on digital healthcare solutions and personalized medicine may bolster pharmacy expenditures. Monitoring economic stability and healthcare reforms will be essential in predicting future developments in this sector.
Top countries in Healthcare Expenditure on Pharmacies Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 35.26 | 2023 | +4.79% | +6.14% | View data |
| 2 | 2 France | 18.18 | 2023 | -0.087% | +1.88% | View data |
| 3 | 3 Spain | 10.19 | 2023 | +3.26% | +4.19% | View data |
| 4 | 4 Austria | 4.09 | 2023 | +16.87% | +14.51% | View data |
| 5 | 5 Poland | 3.48 | 2023 | +1.63% | +1.78% | View data |
| 6 | 6 Netherlands | 2.91 | 2023 | +0.65% | +1.53% | View data |
| 7 | 7 Belgium | 2.6 | 2023 | +0.18% | +0.84% | View data |
| 8 | 8 Switzerland | 2.54 | 2023 | +2.68% | +4.11% | View data |
| 9 | 9 Sweden | 2.4 | 2023 | +1.12% | +1.21% | View data |
| 10 | 10 Greece | 2.18 | 2023 | -3.04% | +1.67% | View data |
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