Europe Medical Devices Reimbursement Market Size & Outlook
The medical devices reimbursement market in Europe is expected to reach a projected revenue of US$ 259,020.0 million by 2033. A compound annual growth rate of 5.7% is expected of Europe medical devices reimbursement market from 2026 to 2033.
Europe medical devices reimbursement market highlights
The Europe medical devices reimbursement market generated a revenue of USD 167,540.8 million in 2025.
The market is expected to grow at a CAGR of 5.7% from 2026 to 2033.
In terms of segment, underpaid was the largest revenue generating claim in 2025.
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 2026 to 2033.
Europe data book summary
Market revenue in 2025
USD 167,540.8 million
Market revenue in 2033
USD 259,020.0 million
Growth rate
5.7% (CAGR from 2026 to 2033)
Largest segment
Underpaid
Fastest growing segment
Underpaid
Historical data covered
2021 - 2024
Base year for estimation
2025
Forecast period covered
2026 - 2033
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 20.1% of the global medical devices reimbursement market in 2025.
Globally, North America is projected to lead the regional market in terms of revenue in 2033.
North America is the fastest growing regional market and is projected to reach USD 739,358.8 million by 2033.
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.
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 Outlook will help companies and investors design strategic landscapes.
Underpaid was the largest segment with a revenue share of 85.42% in 2025.
Horizon Databook has segmented the Europe medical devices reimbursement market based on underpaid, full paid covering the revenue growth of each sub-segment from 2021 to 2033.
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.
Europe Medical Devices Reimbursement Market Claim Outlook (Revenue, USD Million , 2021-2033)
Underpaid
Full Paid
Europe Medical Devices Reimbursement Market Payer Outlook (Revenue, USD Million , 2021-2033)
Public payers
Private payers
Europe Medical Devices Reimbursement Market Service Provider Outlook (Revenue, USD Million , 2021-2033)
Physician Office
Hospitals
Diagnostic Laboratories
Others
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe Medical Devices Reimbursement Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Europe Medical Devices Reimbursement Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Europe Medical Devices Reimbursement Market, 2021-2033 (US$M)