In 2024, Germany led European healthcare expenditures with €24.31 million, followed by France (€16.57 million) and the United Kingdom (€12.06 million). Notable year-on-year growth was observed in Austria (8.14%), Portugal (8.59%), and Bulgaria (13.11%), signaling expanding healthcare investments. Alternatively, less growth was seen in the United Kingdom (1.89%) and Norway (1.0%), suggesting moderate expenditure growth. Over the last five years, cumulative average growth rate (CAGR) revealed consistent rising trends, indicative of ongoing investment across Europe.
Looking forward, further digital transformation in healthcare, driven by the adoption of advanced technologies and telemedicine, will likely drive expenditure growth. Additionally, demographic shifts due to aging populations will necessitate increased healthcare funding, particularly in Western Europe. The ongoing integration of healthcare systems and policy reforms across the EU may lead to significant fluctuations and new investment patterns in the healthcare sector.
Top countries in Healthcare Expenditure on Current Healthcare Expenditure by Healthcare Providers Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 24.31 | 2023 | +6.47% | +6.55% | View data |
| 2 | 2 France | 16.57 | 2023 | +8.01% | +6.43% | View data |
| 3 | 3 United Kingdom | 12.06 | 2023 | +1.06% | +1.89% | View data |
| 4 | 4 Italy | 7.62 | 2023 | +1.42% | +1.57% | View data |
| 5 | 5 Spain | 6.73 | 2023 | +6.58% | +6.42% | View data |
| 6 | 6 Netherlands | 5.09 | 2023 | +6.92% | +7.45% | View data |
| 7 | 7 Switzerland | 3.75 | 2023 | +3.06% | +4.34% | View data |
| 8 | 8 Sweden | 2.86 | 2023 | +1.48% | +3.9% | View data |
| 9 | 9 Austria | 2.68 | 2023 | +9.38% | +8.14% | View data |
| 10 | 10 Belgium | 2.62 | 2023 | +2.71% | +2.77% | View data |
