The German Medtech Miracle
Posted by Norbert Sparrow on February 22, 2012
Germany’s healthcare sector has the potential to overtake automotive as the country’s flagship industry, notes the agency in a press release
. Generating €278.3 billion in annual revenue, Germany’s healthcare industry already represents 11.6% of national GDP, surpassing the, ahem, automotive industry. Moreover, German medtech conquers markets: two-thirds of healthcare-related revenue is generated by exports, according to Germany Trade & Invest.
Those are just a few of the things that Germany Trade & Invest will be touting as they network at the World Forum for Medical Devices. The event is held in Kansai on 23 and 24 February.
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