The healthcare expenditure on therapeutic appliances and medical durable goods in Denmark has shown a steady increase from 2013 to 2023, reaching 1460 Million Euros in 2023. The year-on-year variation has generally been positive, although it fluctuated, with a peak growth of 8.13% in 2016. Over the last two years, the increase was relatively modest, at 1.69% in 2022 and 1.94% in 2023. The last five years show an average CAGR of 2.79%, indicating consistent growth, though at a moderate pace.
The forecasted data from 2024 to 2028 suggest that the expenditure will continue to rise, with a forecasted 5-year CAGR of 1.27%, translating to an overall growth rate of 6.51% by 2028.
Future trends to watch for include:
- Technological advancements in therapeutic appliances driving higher expenditure.
- Aging population potentially demanding more medical durable goods.
- Government policies on healthcare funding influencing expenditure patterns.
- The impact of global health trends and crises on healthcare spending.
