Forecast: Household Expenditure on Medical Products, Appliances and Equipment in Austria

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.

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