European Healthcare Expenditure on Therapeutic Appliances and Medical Durable Goods by All Financing Schemes by Country

In 2023, Slovakia and Spain led European healthcare expenditures on therapeutic appliances and medical durable goods, whereas Cyprus had the lowest expenditure. Over the past two years, Romania recorded the highest positive trend with an increase of 3.81%. Meanwhile, countries like Greece, Latvia, and Cyprus saw significant declines. The average annual growth rate over the last five years (CAGR) across the continent shows varied trends, with some countries experiencing declines mostly due to budget optimization and efficiency initiatives.

Looking ahead, European countries should monitor changes in aging populations, technological advancements, and policy shifts that could impact future spending on therapeutic appliances and medical durable goods. Adoption of digital health solutions and increased focus on cost-effective durable goods could further influence expenditure patterns. Additionally, health reforms and new financing models might play critical roles in shaping these expenditures.