European Healthcare Expenditure on Therapeutic Appliances and Medical Durable Goods by Retailers of Medical Goods by Country

In 2023, Germany led European healthcare expenditure on therapeutic appliances and medical durable goods by retailers with €22.0 billion, experiencing a 2.77% annual growth. France and Spain followed with €15.07 billion and €9.18 billion, respectively. Portugal demonstrated the highest growth rate at 5.71% among major countries, while Greece saw a decrease of 2.12%. Smaller countries like Malta and Romania showcased impressive growth rates of 12.78% and 11.24%, indicating rising investments. The five-year CAGR indicates stable growth in the sector across most countries, although lower in countries like Norway and Greece.

Future trends to watch for include:

• Continued innovation in medical technology driving higher expenditure.
• Increasing demand for telehealth solutions impacting durable goods sales.
• Potential economic and regulatory changes affecting pricing and accessibility.
• Shift towards personalized medicine potentially influencing product offerings.