In 2023, the United Kingdom led European preventive healthcare spending by voluntary health insurance at 306.74 million euros, exhibiting a modest yoy growth of 1.88%. The Netherlands (56.94 million euros) and Germany (53.46 million euros) showed contrasting trends with a decline of 0.71% and growth of 8.23%, respectively. Switzerland experienced a significant reduction of 19.66%, while Estonia saw a remarkable increase of 43.1%. Overall, the market is diverse, with disparities among countries due to varying healthcare policies and insurance frameworks.
Future trends in European healthcare expenditure on preventive care via voluntary health insurance may include:
- Increased investment in preventive care due to the rising awareness of its benefits.
- Divergence in expenditure growth rates among countries, influenced by national policies.
- Technological advancements and digital health solutions could play a crucial role in shaping preventive care offerings and expenditures.
- A potential focus on expanding access to preventive measures, especially in countries with lower expenditure levels.
- The need for insurers to innovate within highly competitive markets to meet policyholder expectations.
Top countries in Healthcare Expenditure on Preventive Care by Voluntary Health Insurance Schemes by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 306.74 | 2023 | +1.38% | +1.88% | View data |
| 2 | 2 Netherlands | 56.94 | 2023 | +0.73% | -0.71% | View data |
| 3 | 3 Germany | 53.46 | 2023 | +0.037% | +8.23% | View data |
| 4 | 4 Switzerland | 21.82 | 2023 | -11.87% | -19.66% | View data |
| 5 | 5 Croatia | 14.68 | 2023 | +6.38% | +5.83% | View data |
| 6 | 6 Ireland | 6.58 | 2023 | +20.51% | +8.28% | View data |
| 7 | 7 Austria | 4.07 | 2023 | +2.01% | +1.27% | View data |
| 8 | 8 Hungary | 2.14 | 2023 | 0% | -0.19% | View data |
| 9 | 9 Cyprus | 1.7 | 2023 | +20.57% | +3.96% | View data |
| 10 | 10 Portugal | 0.88 | 2023 | +1.15% | -0.23% | View data |
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