Forecast: Healthcare Expenditure on Home Based Long-Term Care in Belgium

The healthcare expenditure on home-based long-term care in Belgium reached 5.35 billion Euros in 2023. From 2013 to 2023, the expenditure demonstrated an overall upward trend, with notable year-on-year variations. Peaks were observed in 2016 at 13.04% and in 2021 at 5.91%, while 2015 and 2020 saw slight dips at -1.93% and -1.19%, respectively. The Compound Annual Growth Rate (CAGR) for the last five years until 2023 averaged at 3.06%, reflecting steady growth despite minor annual fluctuations.

Looking ahead, the forecasted data from 2024 to 2028 anticipates a continued increase, reaching approximately 6.13 billion Euros by 2028. The forecasted CAGR over these years is estimated at 2.15%, translating to an overall growth of 11.2% by 2028.

Future trends to watch include:

  • The impact of demographic changes and an aging population
  • The integration of advanced technology and smart home care solutions
  • Policy reforms and funding allocations impacting long-term home-based care services.

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