In 2023, Germany leads European healthcare expenditure on medical goods retailed, accounting for €90.47 billion, reflecting a 4.29% annual rise. France, Spain, and the UK also show notable figures at €45.94 billion, €29.23 billion, and €26.49 billion, with modest growth rates. Germany and the Netherlands exhibit consistent growth with annual increases of over 4%. Countries like Romania, Slovenia, and Cyprus have seen higher year-on-year growth rates, indicating potential emerging markets. Negative growth is noted in Norway, raising concerns about sustained investment in healthcare retail.
Future trends to watch in European healthcare retail expenditure include increased spending in emerging markets driven by demographic shifts and healthcare digitization. The surge in demand for personalized medical goods and e-commerce platforms might reshape retail strategies, while economic pressures could influence expenditure levels across nations differently. Monitoring these dynamic factors will be crucial for stakeholders to adapt and thrive in the evolving healthcare landscape.
Top countries in Healthcare Expenditure on Current Healthcare Expenditure by Retailers of Medical Goods by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 90,470 | 2023 | +3.18% | +4.29% | View data |
| 2 | 2 France | 45,940 | 2023 | +0.5% | +0.76% | View data |
| 3 | 3 Spain | 29,230 | 2023 | +2.38% | +3.6% | View data |
| 4 | 4 United Kingdom | 26,490 | 2023 | +0.27% | +0.77% | View data |
| 5 | 5 Italy | 25,550 | 2023 | +0.55% | +0.11% | View data |
| 6 | 6 Netherlands | 10,300 | 2023 | +3.5% | +4.13% | View data |
| 7 | 7 Austria | 8,370 | 2023 | +5.9% | +6.1% | View data |
| 8 | 8 Poland | 7,750 | 2023 | +1.56% | +1.95% | View data |
| 9 | 9 Switzerland | 6,950 | 2023 | +2.3% | +3.85% | View data |
| 10 | 10 Sweden | 6,260 | 2023 | +1.36% | +1.33% | View data |
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