Sector in brief
Medical technology is a key growth market. The world market currently amounts to around EUR 566 billion and is expected to grow at a rate of more 5.5 per cent per year. Bavaria's medical technology companies benefit greatly from this.The turnover of approx. 12.7 billion euros is generated 93% by small and medium-sized enterprises. Around 67 per cent of their products are exported to a wide range of countries abroad. Those which remain here find a potential customer base of 408 approved acute hospitals, 285 prevention and rehabilitation institutions and 62 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 Bayern Innovativ Gesundheit, 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.
Kaori Yamaguchi-Humpert
Senior Managerin Investorenbetreuung
+49 89 24210-7503kaori.yamaguchi-humpert@invest-in-bavaria.comRosenheimer Str. 143C
81671 München
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 third largest share of the world market and generates about one quarter of all sales within the European Union. Bavaria is the second largest state for MedTech companies in Germany and, together with Baden-Württemberg, generates 56% of total German sales.
Figures from the medical technology sector
67.00
per cent export quota for Bavarian medical technology products
408.00
approved acute care hospitals in Bavaria
285.00
prevention and rehabilitation facilities
62.00
spa towns and health resorts
Many universities in Bavaria demonstrate a high level of expertise in medical technology. Examples include the Friedrich-Alexander-Universität Erlangen-Nürnberg with its Centre for Medical Physics and Technology and the corresponding Max-Planck Zentrum for Physics and Medicine, the Universitätsklinik Regensburg with its International Center for Telemedicine and the Technische Universität München with its Chair for Medical Technology.
Important contributions to research in medical technology and to turning research results into market-ready products are made by a large number of research groups in Bavaria, in which scientists from various faculties work together with partners from business on research and development topics, as well as by the companies themselves. There are around 293 companies conducting research in medical technology in the Medical Valley in the Nuremberg Metropolitan Region alone. Bavarian research institutions also ensure excellent sector-relevant training. As a result, more than 80,000 people are employed in the industry in Bavaria and the job market also offers a large number of skilled workers whose high level of expertise can be used for medical technology.
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