BROWSE THROUGH OUR TRADE FAIRS IN GERMANY FOR MEDICAL EQUIPMENT INDUSTRY

Germany is among the time-honoured, leading and central countries of the medical equipment industry. It is applicable to the European and international segments of the sector. It is because of the expansive and high-value section present in the state. It comprises up to 12 000 enterprises that present the entire value chain. These vary from SMEs to expansive, time-honoured corporations. They employ up to 250 000 specialists. As a result, the segment acts as the third most extensive global section. It is also the most comprehensive in Europe. It is also among the most high-value due to its notable annual turnover rates. For example, in recent years, it has generated more than 43 000 000 000 EUR in yearly revenues. It accounts for between 26 and 30% of the corresponding European market. A considerably high percentage of such values are produced via extensive exportations. For instance, in recent years, the sector has exported up to 67% of its wares abroad. The German medical equipment segment is also among the industry’s leading innovation hubs. This is due to the section placing a chief focus on research and development. For example, the segment often invests more than 3 000 000 000 EUR annually in studying novel solutions. This results in the segment frequently registering approximately 1 400 patents each year. Generally, many of these patented innovations are presented during trade expositions. Examples include diverse annual and biannual events held in various cities in the country. Hundreds of thousands of participants take part in such expos.