Medtech sector in southwestern Germany reflects national industry
The southwestern German federal state of Baden-Württemberg (BW) together with its healthcare industry initiative BIOPro Baden-Württemberg GmbH has published survey results of almost all of the region's medical technology companies. BIOPro BW and the State Statistical Office carried out the assessment, which is based on figures from 2017.
The analysis of responses from 797 companies found that they employed 50,430 people and had taxable turnovers of EUR 13.5 million, making medtech in BW one of the region's most significant industries economically. The sector in BW produces a broad range of technologies, including everything from surgical instruments, implants, endoscopes, dental products, and diagnostics, to eHealth systems and telemedical applications.
BW is home to major medical technology companies such as Aesculap/B. Braun Melsungen, Bruker BioSpin, and STRATEC Biomedical. At the same time, more than half of the region's companies employ fewer than ten people, with another third having staff sizes ranging from ten to 49. Meanwhile, around 34 – or four percent – of BW's medtech stakeholders have staff sizes of 250 or more. These bring in around seventy percent of the turnovers. The greatest concentration of medical technology companies in the region is located around Tuttlingen.
The dominance of small and medium sized companies (SMEs) in BW reflects the composition of the sector in the rest of Germany, where 95 percent of the players are (SMEs). At the same time, around 200 thousand people are employed in med tech in Germany. That makes the country's medical technology sector Europe's largest. Next in line is Britain, where around 100 thousand people work in med tech.
The export initiative for the German healthcare industry, HEALTH MADE IN GERMANY, supports international companies and organizations that are interested in establishing contact with potential German partners and suppliers. The initiative's market and industry specialists and experts are able to direct people to just the right companies. HEALTH MADE IN GERMANY has also published fact-filled profiles of the industry's different sectors, including medical technology. What is more, the initiative will be at the MEDICA trade show in Düsseldorf from November 18 to November 21.