The healthcare expenditure on therapeutic appliances and medical durable goods in Belgium has experienced fluctuation over the past decade, peaking at 2.12% of total current health expenditure in 2013. It then saw a general decline until 2020, reaching a low of 1.80%. A recovery phase began afterward, stabilizing around 1.94% by 2023. The year-on-year variation reveals notable volatility, with significant drops in 2015 (-10.05%) and 2020 (-3.74%), and periods of modest growth, particularly in 2021 (7.22%). The compound annual growth rate (CAGR) over the last five years indicates a slight positive trend (1.06%).
Looking forward, the forecasted CAGR for the next five years is 0.21%, reflecting a stable but minimal increase in expenditure. By 2028, the expenditure value is expected to marginally rise to 1.96%. Future trends to watch include the impact of technological advancements, regulatory changes, and potential shifts in population health dynamics on expenditure patterns.
