Healthcare expenditure on long-term nursing care facilities in France experienced moderate growth from 2013 to 2019, with year-on-year variations averaging between 1.95% and 4.13%. A significant spike was observed in 2020 with an 8.36% increase, followed by sustained growth through to 2023, reaching 36.82 billion Euros. The CAGR for the last five years up to 2023 is 4.7%. Projections from 2024 to 2028 suggest steady growth, with a forecasted CAGR of 2.22%, reaching 42.36 billion Euros by 2028.
Future trends to watch for:
• Increased aging population driving higher demand for long-term care.• Potential impact of healthcare technology advancements improving efficiency and care quality.• Government policies and funding changes.• Economic factors influencing overall healthcare budget allocations.
