Between 2013 and 2023, Croatia's Pacemakers and Hearing Aids market exhibited a growth trend in per capita value, climbing from 2.21 to 3.62 Euros. This represented a 63.8% increase over the decade. Year-on-year, from 2022 to 2023, there was a 2.55% increase. Looking at the last two years, the market gained 5.54% in value. The five-year compound annual growth rate (CAGR) from 2018 to 2023 was approximately 2.58% annually, indicating a steady upward trajectory.
Future trends to watch include technological advancements potentially driving further growth, increased demand due to a rising aging population, and potential pricing pressures or market saturation in urban areas. Additionally, policy changes and health insurance coverage will be significant factors influencing future market dynamics.
How does Croatia rank in Pacemakers and Hearing Aids Market Size Value Per Capita?
# | 7 Countries | Euros Per Capita | Last Year | |
---|---|---|---|---|
1 | 1 France | 17.16 | 2023 | View data |
2 | 2 Finland | 8.57 | 2023 | View data |
3 | 3 Italy | 8.38 | 2023 | View data |
4 | 4 Spain | 6.04 | 2023 | View data |
5 | 5 United Kingdom | 5.95 | 2023 | View data |
6 | 6 Croatia | 3.62 | 2023 | |
7 | 7 Germany | 1.97 | 2023 | View data |