European Healthcare Expenditure on Pharmaceuticals and Medical Non-Durable Goods by Country

In 2023, Bulgaria led Europe with the highest healthcare expenditure on pharmaceuticals and medical non-durable goods at 2.62% of GDP, followed by Greece and Bosnia and Herzegovina. Countries like Malta and Iceland showed significant growth, while others like Italy and Germany experienced mild increases. Conversely, Eastern European countries such as Slovakia and Poland saw declines, while Western countries like Luxembourg and Ireland experienced notable reductions, with Ireland showing the steepest decline. Over the last five years, there was a varied CAGR, indicating diverse regional spending behaviors.

Future trends to watch include a potential shift towards cost-efficiency and value-based healthcare across Europe, influenced by new healthcare policies and technological innovations. Expanded digital health solutions may also drive spending changes, affecting both overall expenditure and distribution among countries.