European medical Equipment Market

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How big is the market for medical technology?

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The medical technology industry employs nearly 1, 250 companies (with more than 20 employees per establishment) 95, 000 people. In addition, approximately 10, 000 small company with around 75, 000 employees. The nuclear industry busy in Germany had around 170, 000 people in over 11, 000 companies. Further 29, 000 people are employed in medical and orthopedic goods in retail.
Approximately 15 percent of all employees work in research and development (R & D) - and rising. Apart from a few large companies, the industry is characterized by medium. 95 percent of businesses employ fewer than 250 employees.

Production and export

The total revenue from the medical technology company laid in Germany in 2007 by 6.9 percent to 17.3 billion euros. Domestic sales rose by 7.3 percent to 6.2 billion euros, the export sales by 6.7 percent to 11.1 billion euros. About 41 percent of exports in 2007 went to countries in the European Union, 22 percent and 14 percent to North America to Asia (Source: Spectaris, June 2008). When exporting, Germany, with a global market share of 14.6 percent, according to the United States (30.9 percent) but well ahead of Japan (5.5 percent) in the second position worldwide (Source: BMBF-study medical technology).

Expenditure on medical devices
Health spending in the area of ​​medical devices (excluding capital goods) amounted to Germany in 2006, a total of about 22 billion euros (Source: Health Report 2006 edition of the Federal Statistical Office from April 2008). Of this total, about 10.9 billion euro aid and other medical needs 9.7 billion euros. There are also around 1 billion euros for the dressings range, which is listed in drugs. The share of expenditure for health insurance is over 14 billion euros.

Growth market of medical technologies
The world market for medical technology in 2006 was around 200 billion euros (Management & Hospital 02/07, p.7). The European market is a 60 billion euro by the United States with 85 billion euros of the second largest market in the world. Germany has 22 billion euros as a single market after the U.S. and Japan (25 billion euros) the world's third largest market and by far the largest market in Europe. It is about twice as large as France and about three times the size of Italy or the UK.


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We are.

The U.S. relies heavily on the African Continent for petroleum and strategic minerals. In volume terms, nearly 14% of U.S. crude oil imports come from the continent, as compared to almost 18% from the Middle East. Within a decade, Africa is projected to be the
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The U.S. is now Africa's second-largest industrial supplier. U.S. companies have edged out European and Asian competition to complete major deals in the region. Coca-Cola recently made a $35 million investment in a production and distribution facility in Angola; a consortium comprised of Enron and the Industrial Development Corporation signed a $2 billion agreement to construct a steel plant in Mozambique

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