In 2023, Germany led European healthcare expenditure on therapeutic appliances and medical durable goods with €26.78 million, followed by France at €23.28 million. Spain, the United Kingdom, and Italy also had significant expenditures, while countries like Liechtenstein and Cyprus had minimal spending. Over the past year, Portugal (5.76%) and Czech Republic (9.04%) saw substantial increases, while Greece experienced a decline (-2.15%). Malta demonstrated a remarkable growth rate of 17%, indicative of considerable escalation in healthcare investments. Over the past five years, Romania, Slovenia, and Lithuania have shown strong compound annual growth rates, reflecting a trend of rising healthcare investments in these nations.
Future trends to monitor include the impact of technological advancements in medical devices on expenditure patterns, increased funding driven by aging populations, and policy changes aimed at improving healthcare services. Watching developments in countries like Portugal and Malta, which are showing high growth rates, can provide insights into emerging market dynamics.
Top countries in Healthcare Expenditure on Therapeutic Appliances and Medical Durable Goods Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 26.78 | 2023 | +2.04% | +2.68% | View data |
| 2 | 2 France | 23.28 | 2023 | +3.25% | +3.37% | View data |
| 3 | 3 Spain | 11.19 | 2023 | +6.86% | +2.74% | View data |
| 4 | 4 United Kingdom | 8.35 | 2023 | +1.15% | +2.09% | View data |
| 5 | 5 Italy | 5.98 | 2023 | +1.79% | +2.09% | View data |
| 6 | 6 Netherlands | 4.35 | 2023 | +1.56% | +2.62% | View data |
| 7 | 7 Switzerland | 3.61 | 2023 | +1.57% | +3.06% | View data |
| 8 | 8 Austria | 2.78 | 2023 | +2.96% | +2.93% | View data |
| 9 | 9 Sweden | 1.88 | 2023 | +1.83% | +1.46% | View data |
| 10 | 10 Denmark | 1.78 | 2023 | +1.94% | +2.79% | View data |
