The demand for medical supplies is increasing around the world. This has helped the German medical technology industry to establish itself as one of the largest and fastest growing fields in the German health sector. The industry develops new technologies and medical products in areas such as clinical engineering, medical, X-ray and ultrasound imaging, rehabilitation, and regenerative medicine.
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In the year 2011, companies from the medical technology industry produced revenues of around €21.4 billion. This represents a 7 percent increase over the previous year. A portion of these revenues can be attributed to the increasing worldwide demand for German-made premium products. The export rate was around 66 percent in 2011. According to data from Germany Trade & Invest, Germany’s medical technology market is Europe’s largest and the world’s third-largest. The industry’s predominantly small and medium-sized enterprises are regarded as leaders of innovation on the world market. In 2009 alone, the German industry filed 16,400 patents. Figures from 2010 show that nearly 15 percent of the industry’s employees were active in research and development, and around 9 percent of its total revenues were invested in this field.
Information on this portal
Information on the World Wide Web
The German Medical Technology Association (BVMed)
Trade association representing the combined interests of the medical technology industry and trade companies (German, English)
Germany Trade & Invest
German medical technology is saving lives – in Germany and throughout the world (German, English, Russian, Chinese)
Health – Made in Germany
Export initiative for the health sector (German, English)