In 2023, Finland and Belgium lead in R&D expenditure per capita in the medical and dental manufacturing sectors, with Belgium witnessing a remarkable 14.71% growth. Conversely, Malta and Italy saw slight declines of 0.48% and 0.69%, respectively. The Czech Republic experienced a notable reduction of 0.99%, while Poland showed resilience with a positive 2.97% change. Portugal’s investment grew by 6.33%, signaling a vibrant research ecosystem there.
Looking ahead, European countries may focus on increasing funding and innovation in medical technology, especially given the growing demand for advanced healthcare solutions. Surveillance of policy shifts and funding initiatives could reveal opportunities in this sector.
Top countries in Business Expenditure on R&D in Medical, Dental Instruments and Supplies Manufacturing by Country
| # | 10 Countries | Euros Per Capita | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Finland | 12.6 | 2023 | +1.53% | +0.54% | View data |
| 2 | 2 Belgium | 10.33 | 2023 | +7.45% | +14.71% | View data |
| 3 | 3 Malta | 7.04 | 2023 | +4.92% | -0.48% | View data |
| 4 | 4 Hungary | 5.74 | 2021 | View data | ||
| 5 | 5 Italy | 1.62 | 2023 | +5.96% | -0.69% | View data |
| 6 | 6 Czech Republic | 1.11 | 2023 | +0.09% | -0.99% | View data |
| 7 | 7 Poland | 0.98 | 2023 | +5.05% | +2.97% | View data |
| 8 | 8 Portugal | 0.76 | 2023 | +7.03% | +6.33% | View data |
| 9 | 9 Spain | 0.66 | 2021 | View data | ||
| 10 | 10 Slovakia | 0.29 | 2021 | +81.65% | +18.27% | View data |
