Medical Technology

Medical Technology

Saving Lives Around the Globe

Microfluidics Robot Dispenses Green Fluid| © iStockphoto

Source: Microfluidics Robot Dispenses Green Fluid| © iStockphoto

Market Potential

Health care expenses in Germany totaled EUR 294 billion in 2011, a 1.9 percent increase over the previous year. The amount is equivalent to 11.6 percent of GDP or EUR 3,590 per capita. In Germany, EUR 27 billion were spent on medical devices.

As a result, Germany is the largest market for medical devices in Europe and the second-largest in the world. It is around twice the size of the French market and three times as big as the Italian, British and Spanish markets. The medtech industry is considered to have the highest growth potential.

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Health - Made in Germany

Scientist with microscope | © Nicolas Loran - iStockphoto

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