Europe Medical Devices Reimbursement Market Size & Outlook
Related Markets
Europe medical devices reimbursement market highlights
- The Europe medical devices reimbursement market generated a revenue of USD 159,591.4 million in 2024.
- The market is expected to grow at a CAGR of 4.9% from 2025 to 2030.
- In terms of segment, underpaid was the largest revenue generating claim in 2024.
- Underpaid is the most lucrative claim segment registering the fastest growth during the forecast period.
- Country-wise, Norway is expected to register the highest CAGR from 2025 to 2030.
Europe data book summary
| Market revenue in 2024 | USD 159,591.4 million |
| Market revenue in 2030 | USD 212,960.0 million |
| Growth rate | 4.9% (CAGR from 2025 to 2030) |
| Largest segment | Underpaid |
| Fastest growing segment | Underpaid |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Underpaid, Full Paid |
| Key market players worldwide | Aviva PLC, CVS Health Corp, BNP Paribas Act. Cat.A, Allianz SE, Humana Inc, The Cigna Group, UnitedHealth Group Inc, Nippon Life Insurance Company of Japan, WellCare Health Plans, Elevance Health |
Other key industry trends
- In terms of revenue, Europe region accounted for 20.5% of the global medical devices reimbursement market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 558,800.0 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Medical Devices Reimbursement Market Scope
Medical Devices Reimbursement Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Elevance Health | View profile | 10001+ | Indianapolis, Indiana, United States, North America | https://www.elevancehealth.com |
| WellCare Health Plans | View profile | 5001-10000 | Tampa, Florida, United States, North America | https://www.wellcare.com/en/florida |
| Nippon Life Insurance Company of Japan | View profile | 10001+ | Osaka, Osaka, Japan, Asia | http://www.nissay.co.jp/ |
| Humana Inc | View profile | 67600 | 500 West Main Street, Louisville, KY, United States, 40202 | https://www.humana.com |
| BNP Paribas Act. Cat.A | View profile | 182656 | 16, Boulevard Des Italiens, Paris, France, 75009 | https://group.bnpparibas |
| Aviva PLC | View profile | 23247 | St Helen's, 1 Undershaft, London, United Kingdom, EC3P 3DQ | https://www.aviva.com |
| CVS Health Corp | View profile | 300000 | One CVS Drive, Woonsocket, RI, United States, 02895 | https://www.cvshealth.com |
| The Cigna Group | View profile | 72500 | 900 Cottage Grove Road, Bloomfield, CT, United States, 06002 | https://www.cigna.com |
| UnitedHealth Group Inc | View profile | 440000 | 9900 Bren Road East, UnitedHealth Group Center, Minnetonka, MN, United States, 55343 | https://www.unitedhealthgroup.com |
| Allianz SE | View profile | 154862 | Koniginstrasse 28, Munich, BY, Germany, 80802 | https://www.allianz.com |
Europe medical devices reimbursement market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medical devices reimbursement market will help companies and investors design strategic landscapes.
Underpaid was the largest segment with a revenue share of 85.33% in 2024. Horizon Databook has segmented the Europe medical devices reimbursement market based on underpaid, full paid covering the revenue growth of each sub-segment from 2018 to 2030.
Europe accounted for the second largest share of 22.1% in the global medical devices reimbursement market in 2020. The high share can be attributed to rise in demand for quality medical devices coupled with large aging population in the region. According to Population Reference Bureau (PRB), in 2020, Germany had over 17.18 million citizens over the age of 65.
Moreover, France had over 13.16 million, the UK accounted for over 12.12 million, Italy had over 13.16 million, and Spain was home to over 8.99 million people over the age of 65. Rise in healthcare expenditure and increase in need for making medical devices affordable is anticipated to augment the European medical devices reimbursement market growth over the forecast period.
Reasons to subscribe to Europe medical devices reimbursement market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Europe medical devices reimbursement market databook
-
Our clientele includes a mix of medical devices reimbursement market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe medical devices reimbursement market , including forecasts for subscribers. This continent databook contains high-level insights into Europe medical devices reimbursement market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Europe medical devices reimbursement market size, by country, 2018-2030 (US$M)
Europe Medical Devices Reimbursement Market Outlook Share, 2024 & 2030 (US$M)
Related industry reports
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
