In 2023, Finland leads European R&D spending in irradiation and electromedical equipment with €18.66 per capita, followed by Belgium at €8.47. Portugal shows the highest year-on-year growth at 18.83%, although from a low base, while Italy and the Czech Republic also record double-digit increases. Serbia remains stagnant at the bottom. Looking at past trends, a growing focus in this sector is evident in Portugal and the Czech Republic, supported by substantial annual variations.
Future trends to watch include continuous growth in high-tech medical manufacturing, potentially driven by technological advancements and increased healthcare demands, especially in countries with emerging markets like Poland and Portugal.
Top countries in Business Expenditure on R&D in Irradiation, Electromedical and Electrotherapeutic Equipment Manufacturing by Country
| # | 8 Countries | Euros Per Capita | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Finland | 18.66 | 2023 | +11.14% | +0.98% | View data |
| 2 | 2 Belgium | 8.47 | 2023 | +6.43% | +8.98% | View data |
| 3 | 3 Italy | 3.1 | 2023 | +4.91% | +11.32% | View data |
| 4 | 4 Czech Republic | 0.85 | 2023 | +5.59% | +13.16% | View data |
| 5 | 5 Spain | 0.25 | 2021 | View data | ||
| 6 | 6 Poland | 0.21 | 2023 | +10.31% | +10.48% | View data |
| 7 | 7 Portugal | 0.11 | 2023 | +4.81% | +18.83% | View data |
| 8 | 8 Serbia | 0.003 | 2023 | 0% | View data |
