The European Medical Technology in Figures

Expenditure Last update 18.07.2024

Previous Next
Key Facts

7.9%

of total healthcare expenditure spent on medical technology

€304

expenditure on medical technology per capita in Europe in 2023

11%

of GDP spent on healthcare

In Europe, an average of approximately 11% of gross domestic product (GDP) is spent on healthcare. Of this figure, around 7.9% is attributed to medical technologies, i.e. less than 1% of GDP. The spending on medical technology is estimated to vary significantly across European countries, ranging from around 5% to 12% of the total healthcare expenditure. Expenditure on medical technology per capita in Europe is around €304.

Read more Read less

Breakdown of Total Healthcare Expenditure (THE) in Europe - 2023 1,2,3,4,5,6

Compare

Sources

  1. EFPIA, 2024, The Pharmaceutical Industry in figures
  2. Eurostat, 2024, Employment and Population Statistics
  3. World Medical Device Factbook 2024, Fitch Solutions, Healthcare Expenditure
  4. WHO, 2019, Global Health Expenditure Database
  5. Eurostat, Healthcare Expenditure 2024
  6. 2024 IVD market size data is preliminary and is based on MedTech Europe Statistics Programmes