From 2013 to 2023, Spain's market size value per capita for pacemakers and hearing aids exhibited fluctuations. Notably, the value peaked in 2020 at 6.8 Euros and then saw a decline to 6.04 Euros by 2023. Year-on-year variations reveal slight contractions, with a -0.17% change from 2022 to 2023. The five-year compound annual growth rate (CAGR) from 2018 to 2023 is approximately 0.13%, indicating a stable market with slight annual growth.
Future trends to watch:
- Advancements in medical technology may drive innovations affecting market size.
- Increasing aging population could boost demand.
- Potential economic shifts could impact consumer spending on healthcare devices.
How does Spain rank in Pacemakers and Hearing Aids Market Size Value Per Capita?
| # | 7 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 France | 17.16 | 2023 | View data | ||
| 2 | 2 Finland | 8.57 | 2023 | View data | ||
| 3 | 3 Italy | 8.38 | 2023 | View data | ||
| 4 | 4 Spain | 6.04 | 2023 | |||
| 5 | 5 United Kingdom | 5.95 | 2023 | View data | ||
| 6 | 6 Croatia | 3.62 | 2023 | View data | ||
