The household expenditure on medical products, appliances, and equipment in Austria has remained stable at 0.8% of GDP from 2013 through 2023. This consistency is reflected in a zero year-on-year variation and a constant Compound Annual Growth Rate (CAGR) of 0% over the last five years. The forecast from 2024 to 2028 maintains this 0.8% level, also predicting a zero CAGR and no growth rate variation.
Future trends to watch for:
- Technological advancements in medical products and home health care could alter expenditure levels.
- Aging population may drive future demand for medical appliances and equipment.
- Policy changes and healthcare funding shifts could impact household spending patterns.