In analyzing healthcare expenditure on therapeutic appliances and medical durable goods in France from 2013 to 2023, we observe an overall steady annual increase, though with occasional declines. Notably, the value in 2023 stood at 0.77 units of GDP. Over the last two years, year-on-year variations were 1.35% in 2022 and 2.67% in 2023. The Compound Annual Growth Rate (CAGR) over the past five years ending in 2023 is 2.52%. Between 2013 and 2023, the CAGR generally points to consistent, albeit modest, growth.
Future trends to watch for include:
- Potential impacts of technological advancements on expenditure levels.
- Policy changes affecting healthcare funding and investment in durable medical goods.
- Demographic shifts, particularly the aging population, influencing demand for such healthcare expenditures.
- The forecasted five-year CAGR is 1.49%, indicating stable yet moderate growth ahead.
