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.

[Translate to English:]

Kaori Yamaguchi-Humpert

Investor Services Life Sciences

+49 89 24210-7503 kaori.yamaguchi-humpert@invest-in-bavaria.com

Rosenheimer Str. 143C
81671 Munich

566.00
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 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

  • 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.

    Category*
    Please select
    arrow
    Branch
    Please select
    arrow
    Salutation*
    Please select
    arrow
    Country*
    Please select
    arrow
    * Mandatory fields
    Subscribe to our newsletter

    The regular Invest in Bavaria newsletter provides you with free information about Bavaria regarding business, society and culture as well as events. Subscribe now!

    By subscribing, you give your consent to receive the newsletter. You can unsubscribe at any time. Your consent also includes tracking within the newsletter to improve future newsletters. For more information, please see the Invest in Bavaria Privacy Policy .

    Copyright © 2024 Invest in Bavaria - The Business Promotion Agency of the Free State of Bavaria