Important role on the world market for medical technology
Hessen’s important role on the world market for medical products is reflected by over 1,000 companies, around 20,000 professionals, a turnover of 4 billion euros and an export rate of over 80%. This is another interesting sector with some of the best career prospects.
Hessen plays an important role on the world market for medical products: Around 20,000 people are employed at over 1,000 companies, including multinational firms like Braun, Fresenius, Biotest, Siemens Healthcare Diagnostics and Almo Erzeugnisse Erwin Busch.
However, numerous medium-sized companies also contribute to the sector’s success. The vast majority of Hessen’s medical technology companies export over 80% of their products.
Diverse range of companies
Hessen has a diverse range of companies from all areas of medical technology. More than half the revenue generated by the sector is made on products that are less than two years old. This reflects the value attached to research.
The medical technology sector invests twice as much as other industries. One in two companies has its own development department. Hessen’s medical technology companies are also importantly in contact with local universities and education centres, such as the Goethe University in Frankfurt, the Frankfurt Institute for Advanced Studies, and Provadis.
Leading medical technology companies in Hessen:
- B. Braun
- Almo Erzeugnisse
- BIT Instruments