Between 2013 and 2023, healthcare expenditure on pharmacies in Germany has shown a general increasing trend with some fluctuations. The expenditure was at 1.48 in 2013 and increased to 1.78 in 2023. Over the period, there were notable spikes, particularly from 2019 onwards, with the most significant increase occurring in 2020 by 7.64%.
Recent years have seen smaller but consistent growth, with 2022 maintaining the same level as 2021, and a slight increase of 0.56% in 2023. The compound annual growth rate (CAGR) averaged 2.94% over the last five years leading up to 2023.
Forecasts from 2024 to 2028 predict a continuation of this upward trend, although at a slower CAGR of 0.55%, reaching 1.84 by 2028, demonstrating steady, incremental growth.
Future trends to watch for include the impact of technological advancements in pharmacy services, increasing digital health adoption, regulatory changes, and demographic shifts such as an aging population, which may further drive healthcare expenditure on pharmacies.
