Sector in brief

Medical technology is a key growth market. The world market currently amounts to around EUR 445.5 billion and is expected to grow at a rate of more than six per cent per year. Bavaria's medical technology companies benefit greatly from this.The turnover of approx. 6.1 billion euros is generated 93% by small and medium-sized enterprises. Around 65 per cent of their products are exported to a wide range of countries abroad. Those which remain here find a potential customer base of around 400 approved acute hospitals, 285 prevention and rehabilitation institutions and 47 award-winning spas and health resorts in Bavaria alone.

Medical technology in Germany brings products to market-readiness quickly. The companies in the sector achieve over thirty per cent of their sales with products which are less than three years old. The Medical Valley in Erlangen and the Forum MedTech Pharma e.V., the largest network for the health sector in Germany and Europe, also contribute to this in Bavaria. Bavaria offers ideal production conditions for medical technology, thanks to active sectors whose own production and research are also useful for medical technology, among other factors. These sectors include mechatronics, information and communications technology and the field of photonics and optics.

Susanne Schierok

Head of Investor Services (acting)

+49 89 24210-7513 [email protected]

Prinzregentenstr. 22
80538 Munich

445.50
billion euros is the size of the world market

Compared to other countries, Germany is the leader in the medical technology sector with a per capita turnover of over EUR 400. Germany’s medical technology industry generates the second largest share of the world market and generates about one third of all sales within the European Union. Bavaria is the second largest state for MedTech companies in Germany and, together with Baden-Württemberg, generates 51% of total German sales.

Figures from the medical technology sector

65.00

per cent export quota for Bavarian medical technology products

400.00

approved acute care hospitals in Bavaria

285.00

prevention and rehabilitation facilities

47.00

spa towns and health resorts

  • Talent and research minus
  • Location map

    Companies in the Bavarian healthcare sector

    Why Bavaria

    Bavaria has an outstanding position in many areas and, with its strong economy, is an ideal location to establish your company.

    How we support you

    We back you up as you grow your company in Bavaria: free of charge, confidentially and effectively.

    We are looking forward to getting in touch with you.

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