Medical devices
Medical Devices
Germany's medical device industry ranks among the top globally, boasting leading international companies such as Siemens Healthineers and B. Braun. These companies focus on high-end imaging equipment, orthopedic devices, and cardiovascular products, leveraging technological innovation (such as AI diagnostics and biomaterials) as their core strength. The market size continues to grow, reaching approximately $110 billion in 2019 and projecting a CAGR of approximately 5% by 2025. This growth is driven by the demand for chronic disease care fueled by an aging population (over 21% of the population is over 65) and strong exports (accounting for 15% of the global market share). Future trends focus on intelligent devices (3D printed customized devices), green transformation (biodegradable materials), and expansion into emerging markets (China, India) to consolidate its global competitiveness.
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