France leads European voluntary health insurance expenditure with €17.75 billion, followed by Spain (€9.48 billion) and the UK (€7.14 billion). Recent rapid growth occurred in smaller markets: Latvia skyrocketed 57.2%, Romania increased 7.74%, and Malta surged 17.94% year-on-year. Large markets observed moderate changes, with Germany and Switzerland at 2.06% and 3.85%, respectively. Over a five-year period, total expenditures generally witnessed a steady rise due to increased demand and emerging healthcare needs.
Future trends to watch include digital health integration in insurance plans, increasing cross-border coverage options, and adaptation to aging populations which are likely to drive European healthcare expenditure through innovation and necessity.
Top countries in Healthcare Expenditure by Voluntary Health Insurance Schemes by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 17,750 | 2023 | +0.42% | +0.54% | View data |
| 2 | 2 Spain | 9,480 | 2023 | +2.71% | +4.08% | View data |
| 3 | 3 United Kingdom | 7,140 | 2023 | -0.11% | +0.018% | View data |
| 4 | 4 Germany | 6,150 | 2023 | +2.34% | +2.06% | View data |
| 5 | 5 Switzerland | 5,530 | 2023 | +2.21% | +3.85% | View data |
| 6 | 6 Netherlands | 4,310 | 2023 | +1.84% | -0.24% | View data |
| 7 | 7 Italy | 3,610 | 2023 | +3.95% | +4.22% | View data |
| 8 | 8 Ireland | 2,900 | 2023 | +4.31% | +1.64% | View data |
| 9 | 9 Belgium | 2,620 | 2023 | +2.49% | +1.62% | View data |
| 10 | 10 Poland | 2,340 | 2023 | +3.26% | +3.99% | View data |
