The Europe HealthTech Market would witness market growth of 12.2% CAGR during the forecast period (2025-2032).
The Germany market dominated the Europe HealthTech Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $126,520 million by 2032. The UK market is exhibiting a CAGR of 11.1% during (2025 - 2032). Additionally, The France market would experience a CAGR of 13.1% during (2025 - 2032).

HealthTech has rapidly diversified into a broad range of applications that serve different segments of the healthcare landscape. At the clinical level, electronic health records (EHRs) have become the backbone of patient information management. These digital records allow clinicians to access a patient’s full medical history, lab results, and prescriptions in seconds—enhancing both speed and accuracy in treatment.
Remote patient monitoring (RPM) is another crucial application for individuals managing chronic conditions such as diabetes, hypertension, and cardiac diseases. Wearable devices like glucose monitors and smartwatches track vital parameters and transmit real-time data to healthcare providers, who can intervene if anomalies are detected.
As Europe’s healthcare systems increasingly prioritize digital transformation and infrastructure modernization, the market is poised for substantial growth. One of the most lucrative healthcare industries globally is Germany, a global leader in medical technology with an industry valuation of approximately USD 42 billion. Italy is undergoing a significant digital transformation in healthcare catalyzed by the National Recovery and Resilience Program (NRRP). In 2022, ICT expenditures in the healthcare sector reached $1.98 billion, a 7% increase from the previous year. In the United Kingdom, healthcare expenditure reached approximately $337 billion in 2020—equivalent to 12.8% of GDP—with public health spending accounting for 82%. This 19.4% year-on-year increase reflects a strong government commitment to reinforcing the healthcare system post-pandemic. The scale of investment, combined with the UK’s mature digital infrastructure and innovation-led approach to healthcare, is propelling the growth of HealthTech. Therefore, the United Kingdom, Germany, and Italy are collectively redefining the landscape in Europe through targeted investments, digital integration, and strategic policy alignment.
Free Valuable Insights: The Global HealthTech Market will Hit USD 2556.39 Billion by 2032, at a CAGR of 12.6%
Based on End User, the market is segmented into Healthcare IT Institutions, and Consumers. Based on Component, the market is segmented into Hardware, Software, and Services. Based on Deployment, the market is segmented into Cloud, and On-Premise. Based on Technology, the market is segmented into Telemedicine, Healthcare E-commerce, mHealth, Healthcare IT, Wearable, and Other Technology. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Koninklijke Philips N.V.
- Epic Systems Corporation
- Omron Corporation
- Medtronic PLC
- Stratasys, Ltd.
- Materialise NV
- Stryker Corporation
- ZS Associates
- Siemens Healthineers AG (Siemens AG)
- Intuitive Surgical, Inc.
Europe HealthTech Market Report Segmentation
By End User
- Healthcare IT Institutions
- Consumers
By Component
- Hardware
- Software
- Services
By Deployment
By Technology
- Telemedicine
- Healthcare E-commerce
- mHealth
- Healthcare IT
- Wearable
- Other Technology
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
TABLE 1 Europe HealthTech Market, 2021 - 2024, USD Million
TABLE 2 Europe HealthTech Market, 2025 - 2032, USD Million
TABLE 3 Europe HealthTech Market by End User, 2021 - 2024, USD Million
TABLE 4 Europe HealthTech Market by End User, 2025 - 2032, USD Million
TABLE 5 Europe Healthcare IT Institutions Market by Country, 2021 - 2024, USD Million
TABLE 6 Europe Healthcare IT Institutions Market by Country, 2025 - 2032, USD Million
TABLE 7 Europe Consumers Market by Country, 2021 - 2024, USD Million
TABLE 8 Europe Consumers Market by Country, 2025 - 2032, USD Million
TABLE 9 Europe HealthTech Market by Component, 2021 - 2024, USD Million
TABLE 10 Europe HealthTech Market by Component, 2025 - 2032, USD Million
TABLE 11 Europe Hardware Market by Country, 2021 - 2024, USD Million
TABLE 12 Europe Hardware Market by Country, 2025 - 2032, USD Million
TABLE 13 Europe Software Market by Country, 2021 - 2024, USD Million
TABLE 14 Europe Software Market by Country, 2025 - 2032, USD Million
TABLE 15 Europe Services Market by Country, 2021 - 2024, USD Million
TABLE 16 Europe Services Market by Country, 2025 - 2032, USD Million
TABLE 17 Europe HealthTech Market by Deployment, 2021 - 2024, USD Million
TABLE 18 Europe HealthTech Market by Deployment, 2025 - 2032, USD Million
TABLE 19 Europe Cloud Market by Country, 2021 - 2024, USD Million
TABLE 20 Europe Cloud Market by Country, 2025 - 2032, USD Million
TABLE 21 Europe On-Premise Market by Country, 2021 - 2024, USD Million
TABLE 22 Europe On-Premise Market by Country, 2025 - 2032, USD Million
TABLE 23 Europe HealthTech Market by Technology, 2021 - 2024, USD Million
TABLE 24 Europe HealthTech Market by Technology, 2025 - 2032, USD Million
TABLE 25 Europe Telemedicine Market by Country, 2021 - 2024, USD Million
TABLE 26 Europe Telemedicine Market by Country, 2025 - 2032, USD Million
TABLE 27 Europe Healthcare E-commerce Market by Country, 2021 - 2024, USD Million
TABLE 28 Europe Healthcare E-commerce Market by Country, 2025 - 2032, USD Million
TABLE 29 Europe mHealth Market by Country, 2021 - 2024, USD Million
TABLE 30 Europe mHealth Market by Country, 2025 - 2032, USD Million
TABLE 31 Europe Healthcare IT Market by Country, 2021 - 2024, USD Million
TABLE 32 Europe Healthcare IT Market by Country, 2025 - 2032, USD Million
TABLE 33 Europe Wearable Market by Country, 2021 - 2024, USD Million
TABLE 34 Europe Wearable Market by Country, 2025 - 2032, USD Million
TABLE 35 Europe Other Technology Market by Country, 2021 - 2024, USD Million
TABLE 36 Europe Other Technology Market by Country, 2025 - 2032, USD Million
TABLE 37 Europe HealthTech Market by Country, 2021 - 2024, USD Million
TABLE 38 Europe HealthTech Market by Country, 2025 - 2032, USD Million
TABLE 39 Germany HealthTech Market, 2021 - 2024, USD Million
TABLE 40 Germany HealthTech Market, 2025 - 2032, USD Million
TABLE 41 Germany HealthTech Market by End User, 2021 - 2024, USD Million
TABLE 42 Germany HealthTech Market by End User, 2025 - 2032, USD Million
TABLE 43 Germany HealthTech Market by Component, 2021 - 2024, USD Million
TABLE 44 Germany HealthTech Market by Component, 2025 - 2032, USD Million
TABLE 45 Germany HealthTech Market by Deployment, 2021 - 2024, USD Million
TABLE 46 Germany HealthTech Market by Deployment, 2025 - 2032, USD Million
TABLE 47 Germany HealthTech Market by Technology, 2021 - 2024, USD Million
TABLE 48 Germany HealthTech Market by Technology, 2025 - 2032, USD Million
TABLE 49 UK HealthTech Market, 2021 - 2024, USD Million
TABLE 50 UK HealthTech Market, 2025 - 2032, USD Million
TABLE 51 UK HealthTech Market by End User, 2021 - 2024, USD Million
TABLE 52 UK HealthTech Market by End User, 2025 - 2032, USD Million
TABLE 53 UK HealthTech Market by Component, 2021 - 2024, USD Million
TABLE 54 UK HealthTech Market by Component, 2025 - 2032, USD Million
TABLE 55 UK HealthTech Market by Deployment, 2021 - 2024, USD Million
TABLE 56 UK HealthTech Market by Deployment, 2025 - 2032, USD Million
TABLE 57 UK HealthTech Market by Technology, 2021 - 2024, USD Million
TABLE 58 UK HealthTech Market by Technology, 2025 - 2032, USD Million
TABLE 59 France HealthTech Market, 2021 - 2024, USD Million
TABLE 60 France HealthTech Market, 2025 - 2032, USD Million
TABLE 61 France HealthTech Market by End User, 2021 - 2024, USD Million
TABLE 62 France HealthTech Market by End User, 2025 - 2032, USD Million
TABLE 63 France HealthTech Market by Component, 2021 - 2024, USD Million
TABLE 64 France HealthTech Market by Component, 2025 - 2032, USD Million
TABLE 65 France HealthTech Market by Deployment, 2021 - 2024, USD Million
TABLE 66 France HealthTech Market by Deployment, 2025 - 2032, USD Million
TABLE 67 France HealthTech Market by Technology, 2021 - 2024, USD Million
TABLE 68 France HealthTech Market by Technology, 2025 - 2032, USD Million
TABLE 69 Russia HealthTech Market, 2021 - 2024, USD Million
TABLE 70 Russia HealthTech Market, 2025 - 2032, USD Million
TABLE 71 Russia HealthTech Market by End User, 2021 - 2024, USD Million
TABLE 72 Russia HealthTech Market by End User, 2025 - 2032, USD Million
TABLE 73 Russia HealthTech Market by Component, 2021 - 2024, USD Million
TABLE 74 Russia HealthTech Market by Component, 2025 - 2032, USD Million
TABLE 75 Russia HealthTech Market by Deployment, 2021 - 2024, USD Million
TABLE 76 Russia HealthTech Market by Deployment, 2025 - 2032, USD Million
TABLE 77 Russia HealthTech Market by Technology, 2021 - 2024, USD Million
TABLE 78 Russia HealthTech Market by Technology, 2025 - 2032, USD Million
TABLE 79 Spain HealthTech Market, 2021 - 2024, USD Million
TABLE 80 Spain HealthTech Market, 2025 - 2032, USD Million
TABLE 81 Spain HealthTech Market by End User, 2021 - 2024, USD Million
TABLE 82 Spain HealthTech Market by End User, 2025 - 2032, USD Million
TABLE 83 Spain HealthTech Market by Component, 2021 - 2024, USD Million
TABLE 84 Spain HealthTech Market by Component, 2025 - 2032, USD Million
TABLE 85 Spain HealthTech Market by Deployment, 2021 - 2024, USD Million
TABLE 86 Spain HealthTech Market by Deployment, 2025 - 2032, USD Million
TABLE 87 Spain HealthTech Market by Technology, 2021 - 2024, USD Million
TABLE 88 Spain HealthTech Market by Technology, 2025 - 2032, USD Million
TABLE 89 Italy HealthTech Market, 2021 - 2024, USD Million
TABLE 90 Italy HealthTech Market, 2025 - 2032, USD Million
TABLE 91 Italy HealthTech Market by End User, 2021 - 2024, USD Million
TABLE 92 Italy HealthTech Market by End User, 2025 - 2032, USD Million
TABLE 93 Italy HealthTech Market by Component, 2021 - 2024, USD Million
TABLE 94 Italy HealthTech Market by Component, 2025 - 2032, USD Million
TABLE 95 Italy HealthTech Market by Deployment, 2021 - 2024, USD Million
TABLE 96 Italy HealthTech Market by Deployment, 2025 - 2032, USD Million
TABLE 97 Italy HealthTech Market by Technology, 2021 - 2024, USD Million
TABLE 98 Italy HealthTech Market by Technology, 2025 - 2032, USD Million
TABLE 99 Rest of Europe HealthTech Market, 2021 - 2024, USD Million
TABLE 100 Rest of Europe HealthTech Market, 2025 - 2032, USD Million
TABLE 101 Rest of Europe HealthTech Market by End User, 2021 - 2024, USD Million
TABLE 102 Rest of Europe HealthTech Market by End User, 2025 - 2032, USD Million
TABLE 103 Rest of Europe HealthTech Market by Component, 2021 - 2024, USD Million
TABLE 104 Rest of Europe HealthTech Market by Component, 2025 - 2032, USD Million
TABLE 105 Rest of Europe HealthTech Market by Deployment, 2021 - 2024, USD Million
TABLE 106 Rest of Europe HealthTech Market by Deployment, 2025 - 2032, USD Million
TABLE 107 Rest of Europe HealthTech Market by Technology, 2021 - 2024, USD Million
TABLE 108 Rest of Europe HealthTech Market by Technology, 2025 - 2032, USD Million
TABLE 109 Key Information – Koninklijke Philips N.V.
TABLE 110 Key Information – Epic Systems Corporation
TABLE 111 Key Information – Omron Corporation
TABLE 112 Key Information – Medtronic PLC
TABLE 113 key Information – Stratasys, Ltd.
TABLE 114 Key Information – Materialise NV
TABLE 115 Key Information – Stryker Corporation
TABLE 116 Key Information – ZS Associates
TABLE 117 Key Information – Siemens Healthineers AG
TABLE 118 Key Information –Intuitive Surgical, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe HealthTech Market, 2021 - 2032, USD Million
FIG 3 Key Factors Impacting HealthTech Market
FIG 4 Market Share Analysis, 2024
FIG 5 Porter’s Five Forces Analysis – HealthTech Market
FIG 6 Europe HealthTech Market share by End User, 2024
FIG 7 Europe HealthTech Market share by End User, 2032
FIG 8 Europe HealthTech Market by End User, 2021 - 2032, USD Million
FIG 9 Europe HealthTech Market share by Component, 2024
FIG 10 Europe HealthTech Market share by Component, 2032
FIG 11 Europe HealthTech Market by Component, 2021 - 2032, USD Million
FIG 12 Europe HealthTech Market share by Deployment, 2024
FIG 13 Europe HealthTech Market share by Deployment, 2032
FIG 14 Europe HealthTech Market by Deployment, 2021 - 2032, USD Million
FIG 15 Europe HealthTech Market share by Technology, 2024
FIG 16 Europe HealthTech Market share by Technology, 2032
FIG 17 Europe HealthTech Market by Technology, 2021 - 2032, USD Million
FIG 18 Europe HealthTech Market share by Country, 2024
FIG 19 Europe HealthTech Market share by Country, 2032
FIG 20 Europe HealthTech Market by Country, 2021 - 2032, USD Million
FIG 21 Recent strategies and developments: Koninklijke Philips N.V.
FIG 22 SWOT Analysis: Koninklijke Philips N.V.
FIG 23 SWOT Analysis: Epic Systems Corporation
FIG 24 SWOT Analysis: Omron Corporation
FIG 25 SWOT Analysis: Medtronic PLC
FIG 26 SWOT Analysis: Stratasys, Ltd.
FIG 27 SWOT Analysis: Stryker Corporation
FIG 28 SWOT Analysis: Siemens Healthineers AG
FIG 29 Swot Analysis: Intuitive Surgical, Inc.