The household expenditure on medical products in France stood at 22.8 billion Euros in 2023. Forecasts from 2024 to 2028 show a consistent annual increase. By 2024, this expenditure is expected to reach 23.5 billion Euros, exhibiting a year-on-year growth rate of 3.07%. The trend continues with 24.26 billion Euros in 2025 (3.24% increase), 24.99 billion Euros in 2026 (3.02% increase), 25.7 billion Euros in 2027 (2.84% increase), reaching 26.4 billion Euros by 2028 (2.72% increase). The compound annual growth rate (CAGR) for the period from 2023 to 2028 is approximately 3.18%.
Future trends to watch for include potential impacts from healthcare policy changes, inflationary pressures on medical product pricing, advancements in medical technology driving higher expenditure, and demographic shifts such as an aging population increasing demand for medical products. Additionally, the influence of global supply chain dynamics and economic health could play significant roles in shaping household spending on medical products.
