In 2023, the European Value Added of Medical and Dental Instruments and Supplies was dominated by Germany with 15.21 billion Euros, showing a year-on-year variation of 1.13%. France followed with 3.28 billion Euros and a 0.66% increase, while Slovakia, Slovenia, and Greece saw values of 0.17794, 0.07723, and 0.06626 billion Euros respectively, with Slovakia experiencing the highest growth at 1.47%, Slovenia at 2.31%, and Greece at 2.43%. Over the past 5 years, this sector showed a compound annual growth rate (CAGR) that indicated varying trends across these countries.
Future trends to watch for include:
- Continued dominance of Germany in the sector with potential technological advancements driving growth.
- France maintaining steady growth with opportunities for innovation in dental instruments.
- Emerging growth in smaller markets like Slovakia, Slovenia, and Greece, driven by increasing investments and healthcare reforms.
- Potential impacts of regulatory changes and economic fluctuations on value-added growth across the region.
Top countries in Value Added of Medical and Dental Instruments and Supplies by Country
| # | 5 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 15,210 | 2023 | +2.05% | +1.13% | View data |
| 2 | 2 France | 3,280 | 2023 | +0.46% | +0.66% | View data |
| 3 | 3 Slovakia | 177.94 | 2023 | +2.63% | +1.47% | View data |
| 4 | 4 Slovenia | 77.23 | 2023 | +2.3% | +2.31% | View data |
| 5 | 5 Greece | 66.26 | 2023 | +2.54% | +2.43% | View data |