Navigation Links
Germany Hosts World Leading Medical Industry Fair

DUSSELDORF, Germany, November 13 /PRNewswire/ -- MEDICA is the world's leading medical industry trade fair. Over 2,000 international exhibitors will gather here, from November 14th-17th, to present new advances and technologies for in-patient and out-patient care.

Germany's strengths in medical devices go beyond possessing Europe's largest market and a legacy of great scientific discovery. Rather, the German government is working to enhance research and development (R&D) and therefore ensure the industry's staying power. As part of Germany's "high-tech strategy," the country is making EUR800 million available for research and development in health research and medical technologies through the end of 2009.

In 2006, EUR21 billion were spent on medical devices in Germany making the country Europe's largest medical devices market, and it is growing. In the same year, domestic sales in the German medical devices industry brought in EUR15.9 billion, an increase of 8.1% over the previous year. Export sales also increased hitting a total of EUR10.2 billion in 2006-an improvement of 11.1% over the previous year and moving Germany's rank to second in medical devices exports.

The German medical device industry has major players such as Siemens Medical Solutions and Fresenius AG that are among the world's top 10 in the industry. Besides these leaders there are many small and mid-sized companies that are market leaders in their respective sub-segments. Market conditions such as Germany's track record in precision production and its excellent R&D landscape make it an attractive place for foreign medical devices companies. For example, leading international companies, such as Johnson & Johnson and GE Healthcare Technologies Inc. are major investors in Germany.

The country's demographic development combined with its high standard of health care also leads it to demand world-class medical devices. Nearly one-fifth of the German population is over age 65. This fact has meant a growing sophistication and commercialization of healthcare and homecare products and services, with positive returns for investors.

"We look forward to MEDICA as it is both one of the world's biggest gatherings of medical devices experts and a chance to educate potential investors about the many advantages that Germany offers pioneering companies," notes Dr. Nicola Henneberg, Senior Manager for Medical Devices at Invest in Germany.

Invest in Germany is the inward investment promotion agency of the Federal Republic of Germany. Its mandate is to promote Germany as an attractive business location. Invest in Germany provides investors with comprehensive support from site selection to the implementa-tion of investment decisions.

Media Contact:

Eva Henkel

Invest in Germany

Phone: +49-30-200099-173

Fax: +49-30-200099-111


SOURCE Invest in Germany
Copyright©2007 PR Newswire.
All rights reserved

Related biology technology :

1. Spectral partner launches EAA(TM) Rapid Sepsis Diagnostic in Germany
2. Arpida Presents Data on Iclaprim at Scientific Congress in Germany
3. Luminex Corporation Hosts the Fifth Annual Planet xMAP Europe 2007 Symposium
4. Pharsight Hosts Fourth Annual PKS User Group Meeting
5. Pfizer and Bristol-Myers Squibb Finalize Agreement for Worldwide Collaboration on Metabolic Disorders Program
6. Evotec to Present Details of the Positive Phase II Study in Insomnia With EVT 201 at the Worldsleep07 Congress in Cairns/Australia
7. Avicena Signs Worldwide Exclusive Distribution Agreement with RITA Corporation for its Proprietary Dermaceutical Compounds
8. Safety Profile of TAXUS(R) Liberte(TM) Stent System Highlighted in Worlds Largest Stent Registry
9. CeloNova BioSciences Announces Worlds First Line of Fully Color-Coded Embolic Particles at CIRSE: Embozene(TM) Color-Advanced Microspheres
10. Stereotaxis Niobe System Used to Perform More Than 10,000 Procedures Worldwide
11. NexGenix Pharmaceuticals Enters into Exclusive World-wide License to Develop Novel Hsp90 Inhibitors
Post Your Comments:
(Date:6/23/2016)... ... 2016 , ... Charm Sciences, Inc. is pleased to announce ... Research Institute approval 061601. , “This is another AOAC-RI approval of the Peel ... President of Regulatory and Industrial Affairs. “The Peel Plate methods perform comparably to ...
(Date:6/23/2016)... ... June 23, 2016 , ... STACS DNA Inc., the sample tracking software ... State Crime Laboratory, has joined STACS DNA as a Field Application Specialist. , ... Tremblay, President and COO of STACS DNA. “In further expanding our capacity as a ...
(Date:6/23/2016)... NEW YORK , June 23, 2016 ... the trading session at 4,833.32, down 0.22%; the Dow Jones ... the S&P 500 closed at 2,085.45, down 0.17%. has ... INFI ), Nektar Therapeutics (NASDAQ: NKTR ... BIND Therapeutics Inc. (NASDAQ: BIND ). Learn more ...
(Date:6/23/2016)... India , June 23, 2016 ... media market research report to its pharmaceuticals section ... profiles, product details and much more. ... spread across 151 pages, profiling 15 companies and ... available at . ...
Breaking Biology Technology:
(Date:3/31/2016)... March 31, 2016  Genomics firm Nabsys has completed ... Barrett Bready , M.D., who returned to the ... original technical leadership team, including Chief Technology Officer, ... Development, Steve Nurnberg and Vice President of Software and ... company. Dr. Bready served as CEO of ...
(Date:3/23/2016)... 2016 Einzigartige ... und Stimmerkennung mit Passwörtern     ... MESG ), ein führender Anbieter digitaler Kommunikationsdienste, ... SpeechPro zusammenarbeitet, um erstmals dessen Biometrietechnologie einzusetzen. ... Möglichkeit angeboten, im Rahmen mobiler Apps neben ...
(Date:3/22/2016)... PROVO and SANDY, ... Screening Ontario (NSO), which operates the highest sample volume ... testing, and Tute Genomics and UNIConnect, leaders in clinical ... today announced the launch of a project to establish ... testing panel. NSO has been contracted ...
Breaking Biology News(10 mins):