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Germany is the third largest medical device market in the
world. In 2010, the German medical device market is
estimated at US$18.9 billion.

Germany is Europe’s largest market for medical devices and the world’s third largest. But its success is about much more than market size. Germany has a proud tradition of dedication to research and innovation. The country has trained professionals and the potential for growth that has seen many global medical device manufacturers make Germany their home such as: Siemens Healthcare, Fresenius AG, Maquet, Drager Medical Solutions, KLS Martin, Stiegelmeyer, Völker, Aesculap, Otto Bock, to name but a few.

A number of international airports establish a basis for an excellent domestic interconnection as well as to Europe and the world making Germany an important production location and distribution hub. A highly developed infrastructure facilitates doing business and supports Germany’s integration into the world market.

Statistics*

Market Volume

Market volume of 23 billion € - Nº 1 market in Europe; almost 1/3 of the total German production volume of 17.8 billion € - +2.5% growth (2008)

Exports

Export of 64.6% of goods produced, 11.5 billon € export volume, and 14.6% world trade share

Registered Patents

More than 16,700 registered patents - Germany occupies the top spot for innovations in medical technology (2008)

Employee

Significant employee numbers increase more than 170,000 core sector employees working for over 11,000 companies (2008)

 

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