The European Medical Technology industry in figures 2016
The European Medical Technology Industry in figures brochure (Facts and Figures brochure) is available in full text.
Below you can find highlights and direct links to specific topics.
Innovation
The 2016 statistics show that the medical technology industry continues to be one of Europe’s most diverse and innovative hightech sectors. In 2015, more than 12,400 patent applications were filed with the European Patent Office (EPO) in the field of medical technology – 7.8% of the total number of applications –, still more than any other sector in Europe.
Employment and companies
The European medical technology industry employs more than 650,000 people. Germany had the highest absolute number of people employed in the medical technology sector (195,000), while the number of medtech employees per capita is highest in Switzerland and Ireland. 95% of Europe’s 26,000 medical technology companies are small and medium-sized enterprises (SMEs).
MedTech Market in Europe
The European medical technology market in 2015 is estimated at roughly €110 billion.
The biggest medtech markets in Europe are Germany, France, the United Kingdom, Italy and Spain. The same countries form the top 5 IVD markets in Europe.
The European medical technology market has been growing on average by 4,6% per annum over the past 8 years, while the European IVD market growth has been slowing down until 2013, while annual growth rates in the pre-crisis period were at around 2-4%.
Trade in Europe
Europe has a positive medical technology trade balance of 14.1 billion (2015) and this still represents a twofold increase since 2006. In comparison, the US medical technology trade surplus is at €5 billion. Compared to 2012, the main European medtech trade partners remain the same: the US, China and Japan.
Posted on 29.11.2016
