In 2023, wages and salaries for medical and dental instruments and supplies in Europe showed notable variations across countries. Germany led significantly with 9.25 billion euros, followed by Italy at 1.65 billion euros, and Spain at 0.503 billion euros. Smaller markets included Austria, Finland, Slovakia, Slovenia, Greece, and Luxembourg. Year-on-year growth in 2023 demonstrated moderate increases, with Italy showing the highest growth at 3.18%, while Finland remained unchanged. Over the past five years, the sector has experienced variable growth rates reflective of both economic conditions and sector demand capabilities.
Looking forward, anticipated trends include increased harmonization of standards across Europe, greater investment in R&D, and potential impacts from regulatory changes. Countries like Germany and Italy are projected to continue driving sector growth due to their established industry presence, while emergent markets may leverage innovative solutions to stimulate growth.
Top countries in Wages and Salaries in Medical and Dental Instruments and Supplies by Country
| # | 9 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 9,250 | 2023 | +2.08% | +0.69% | View data |
| 2 | 2 Italy | 1,650 | 2023 | +2.49% | +3.18% | View data |
| 3 | 3 Spain | 503 | 2023 | +2.03% | +1.72% | View data |
| 4 | 4 Austria | 289.5 | 2023 | +1.03% | +1.4% | View data |
| 5 | 5 Finland | 69 | 2023 | +1.47% | 0% | View data |
| 6 | 6 Slovakia | 61.73 | 2023 | +2.38% | +2.22% | View data |
| 7 | 7 Slovenia | 39.92 | 2023 | +2.23% | +2.53% | View data |
| 8 | 8 Greece | 27.53 | 2023 | +1.72% | +1.98% | View data |
| 9 | 9 Luxembourg | 27.15 | 2023 | +2.09% | +2.25% | View data |
