Expenditure on therapeutic appliances and medical durable goods in Germany is expected to remain stable at 0.59% of GDP for 2024 and 2025, followed by a slight increase to 0.6% from 2026 to 2028. This indicates a steady year-on-year trend with minimal variation over the forecasted period.
When expressing this series in value, it is useful to note that the expenditure stood at 0.59% of GDP in 2023. Over the past two years, the variation has been negligible, suggesting a stable expenditure pattern on these goods. The compound annual growth rate (CAGR) over the last five years is expected to be minimal, reflecting an average variation close to 0% per year.
Future trends to watch for include:
- Technological advancements in therapeutic appliances and durable goods, potentially driving up costs and changing expenditure patterns.
- Changes in healthcare policies and funding, impacting the allocation towards durable medical goods.
- Demographic shifts, such as an aging population, which may increase demand for these types of goods.