With worldwide sales of approximately €320 billion and annual growth rates of 5 to 6 percent, medical technology is one of the key industries of the future. Bavaria is home to more than 500 dedicated medical technology companies with approximately €10 billion in sales. Additionally there are about 500 enterprises in the medical technology supplier and service provider segments, with total sales of approximately €5 billion. Around 80,000 highly qualified employees work in this industry overall. Bavaria therefore takes on a leading role in Germany and Europe. Businesses in Bavaria generate approximately one third of Germany’s production. As a matter of fact, more than 3 percent of the world’s medical technology comes from Bavaria.
This medical technology and clinical expertise is complemented by a top-class medical-clinical infrastructure.
The focused cooperation and application-oriented networking of technologists and physicians are essential pillars for innovation. This is why the Bavarian Ministry of Economic Affairs, Regional Development and Energy promotes the medical technology cluster platform. Two well-established, very successful organizations in Bavaria are the joint sponsors of this cluster: Forum MedTech Pharma e.V. is the largest interdisciplinary network in Bavaria, Germany, and Europe in the area of medical technology and the healthcare industry with more than 500 members.
The association promotes cooperation, brokers contacts, and provides information on the latest trends and innovations in the course of cluster management.
Medical Valley European Metropolitan Region Nuremberg ( EMN ) is a leading international cluster in the medical technology field. Functioning as a cluster management organization since 2007, Medical Valley EMN e.V. is an amalgamation of currently 210 members from industry, science, healthcare, networks, and politics. The central tasks of cluster management are further development, coordination, and marketing of the cluster.