European Healthcare Expenditure on Home Based Long Term Care (Health) by Household Out-of-Pocket Payment by Country

In 2023, Germany led European healthcare expenditure on home-based long-term care through household out-of-pocket payments with 7.55 billion Euros. It was followed by the United Kingdom at 2.09 billion Euros, while countries like Latvia, Croatia, and Lithuania accounted for significantly lower expenditures, all under 0.001 billion Euros. From 2022 to 2023, the notable growth was in Germany at 11.37%, and significant year-on-year increases were also seen in Switzerland, Slovenia, and Lithuania. Conversely, Spain showed a slight contraction by 0.11%. Over a five-year horizon, Compound Annual Growth Rates (CAGR) will reflect an ongoing preference towards more personalized and accessible home-based care solutions.

Future trends to watch include Germany's continued dominance in expenditure, driven by its aging population, and the United Kingdom's steady growth. An overall increase in most regions suggests a rising reliance on home care, possibly fueled by technological advancements and government policies that encourage care at home. The rapid growth in countries like Lithuania signals potential shifts in healthcare policy and economic conditions enhancing home care spending.