Medical Technology
Saving Lives around the Globe
Industry Overview
The medical technology (medtech) sector is a market which is growing dynamically worldwide. An aging population combined with the need for new and innovative medical technology sustain the sector's strength and constant growth, despite the current economic situation. Today, the German medical technology sector ranks second behind the USA in terms of market share and registered patents and it is also Europe's largest market. The broad spectrum of technologies available in this area ranges from electrical engineering/electronics to precision mechanics and optics. Furthermore, technologies from the textile industry, the plastics processing, pharmaceutical and, most recently, from the biotechnology industries are also utilized in German medical products.
print view
