In 2023, European higher education expenditure on R&D in medical and health sciences showed notable variation among countries, with Germany leading at 5.43 billion euros, followed by the Netherlands at 1.87 billion euros. Other countries like Italy and Spain had expenditures below 1 billion euros. Smaller economies, such as Slovakia and Lithuania, showed significant year-on-year growth rates of 10.07% and 14.96% respectively, indicating robust growth potential. Over the last five years, the expenditure has shown diverse trends, with an annual average growth (CAGR) reflecting stronger emphasis in countries like Germany and Spain.
Future trends to watch in this arena include an increased focus on fostering innovation and research collaboration across borders to enhance collective capabilities. Expect growing investments in digital health technologies and AI in medical research, as well as increased funding in response to health challenges and global collaborations, which may drive up expenditure across the board.
Top countries in Higher Education Expenditure on R&D in Medical and Health Sciences by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 5,430 | 2023 | +3.51% | +4.91% | View data |
| 2 | 2 Netherlands | 1,870 | 2023 | +2.67% | +3.94% | View data |
| 3 | 3 Italy | 973 | 2023 | +1.74% | +1.56% | View data |
| 4 | 4 Spain | 874.75 | 2023 | +5.46% | +6.55% | View data |
| 5 | 5 Finland | 373.29 | 2023 | +2.12% | +2.7% | View data |
| 6 | 6 Portugal | 181.8 | 2023 | +2.78% | +3.68% | View data |
| 7 | 7 Slovakia | 42.97 | 2023 | +3.49% | +10.07% | View data |
| 8 | 8 Lithuania | 32.48 | 2023 | +3.18% | +14.96% | View data |
| 9 | 9 Slovenia | 25.81 | 2023 | +3.11% | +9.63% | View data |
| 10 | 10 Estonia | 22.14 | 2023 | +3.33% | +5.3% | View data |
