Spain follows a tax revenues-based health model where autonomous communities are the key decision makers. Health expenditure in 2020 represented 10.3% of the GDP, which is in line with the EU average. Spain is among the top two beneficiaries of the NGEU budget, where the improvement of the healthcare system is one of the key pillars, and as Spain lacks the manufacturing power to fulfill that demand, this represents a valuable opportunity for highly developed medtech companies like the Swiss ones.
The trade balance of…
