The healthcare expenditure on therapeutic appliances and medical durable goods in Austria has seen fluctuations over the past decade. From 2013 to 2019, the expenditure had a slightly increasing trend with minor setbacks, achieving a peak in 2019 at 4.94 units of total current health expenditure. This was followed by a notable decline starting in 2020, with the value falling to 4.57 units and continuing to decrease yearly, reaching 4.39 units in 2023. Year-on-year variation shows a significant drop of 7.49% in 2020 and continued negative growth thereafter, with a -0.9% change in 2023. The five-year CAGR leading up to 2023 displayed a consistent decline at -2.33%.
Future trends indicate a continued gradual decline in expenditure, with projected values decreasing to 4.23 units by 2028. The forecasted five-year CAGR suggests a negative growth rate of -0.6%, emphasizing a persistent downward trend in healthcare expenditure on therapeutic appliances and medical durable goods in Austria.
Future trends to watch for:
- The impact of technological advancements and digital health solutions on reducing costs.
- Changes in healthcare policies or funding that might alter expenditure patterns.
- Shifts in population demographics and the corresponding healthcare needs.
