The forecast for 2024 highlights Germany leading European household expenditures on medical products with significant spending. Other prominent contributors include France, Italy, and Spain, though with lower shares. Positive year-on-year growth from 2023 is noted across countries, with Croatia, Slovenia, and the Netherlands experiencing remarkable increases, suggesting burgeoning markets. These trends observed over the last five years, with notable average annual growth, emphasize a steady rise in consumer demand for medical products across Europe.
Future trends suggest digital health advancements, demographic shifts, and policy changes as pivotal factors influencing European household expenditures on medical products. Increased healthcare awareness and technological integration are expected to drive significant market evolutions.
Top countries in Household Expenditure on Medical Products Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 39.75 | 2023 | +2.92% | +4.18% | View data |
| 2 | 2 France | 18.5 | 2023 | +3.61% | +3.02% | View data |
| 3 | 3 Italy | 12.72 | 2023 | +0.29% | +2.3% | View data |
| 4 | 4 Spain | 11.94 | 2023 | +2.71% | +2.78% | View data |
| 5 | 5 Netherlands | 3.67 | 2023 | +5.77% | +6.61% | View data |
| 6 | 6 Belgium | 3.62 | 2023 | +1.3% | +2.53% | View data |
| 7 | 7 Austria | 2.95 | 2023 | +2.25% | +3.28% | View data |
| 8 | 8 Portugal | 2.49 | 2023 | +5.01% | +4.84% | View data |
| 9 | 9 Croatia | 1.36 | 2023 | +20.98% | +19.97% | View data |
| 10 | 10 Slovakia | 0.83 | 2023 | +6.47% | +6.86% | View data |
