MARKET ANALYSIS MEDICAL TECHNOLOGY GERMANY: TOP 100 RANKING
The 2022 ranking: In our MEYER INDUSTRY RESEARCH market analysis Medical Technology Germany 2022, we again systematically examined the leading 100 medical technology companies in Germany.
Facts about companies and industry: The market analysis "Medical Technology Companies Germany 2022" surveyed the sales, employee numbers and profitability of the top 100 medical technology companies based and manufacturing in Germany, the regional distribution of the companies and the product groups manufactured (e.g. single-use technology, reusable instruments, electromedical devices).
Global players and hidden champions: The well-known industry giants such as Fresenius, B.Braun and Siemens are naturally at the top of the ranking in terms of sales, but at the same time the analysis shows that the German medical technology landscape is characterized by many "hidden champions", i.e. companies that are comparatively unknown to the public. These include a high proportion of traditional family-run companies.
MATTHIAS MEYER, MANAGING DIRECTOR OF MEYER INDUSTRY RESEARCH, ON THE MARKET STUDY
"Medical technology is one of the world's growth markets. Even though US medical technology manufacturers clearly dominate the global market, German companies are among the innovation and technology leaders in many areas. We would like to present these "hidden champions" of the German medical technology sector in our current ranking. It is striking that the industry in Germany is dominated by a few large and many medium-sized companies. Many medical technology companies in our ranking have fewer than 1,000 employees and yet are among the top 100 in the industry in Germany."
STRONG INCREASE IN SALES, PROFITS AND EMPLOYEE NUMBERS
Continued sales growth: The top 100 medical technology companies in Germany have increased their sales by more than 6% (CAGR) since 2016. Especially in the last year under review, 2020, the sales of the 100 largest companies jumped upwards.
High profitability: The medical technology market study shows that medical technology manufacturers in Germany continue to enjoy above-average profitability. EBIT margins grew from the previous 10% to 14%.
Medical technology as a job engine: The average number of employees at the top 100 medical technology companies in Germany rose significantly and now stands at around 4,000 per company.
REGIONAL DISTRIBUTION: BADEN-WÜRTTEMBERG AND BAVARIA DOMINATE
Baden-Württemberg is Germany's No. 1 medtech location: The heart of German medical technology beats in Baden-Württemberg. One in three TOP 100 companies has its headquarters in this state. North Rhine-Westphalia, Bavaria and Hesse follow in the rankings as important medtech locations.
Medtech cities: Hamburg, Munich and the Cologne/Düsseldorf region have a particularly high density of medtech companies. As the study "Top 100 Medical Technology Companies Germany" by MEYER INDUSTRY RESEARCH shows, strong technology clusters of the medical technology industry in Germany are located here.
MARKET RESEARCH AGENCY FOR MARKET ANALYSIS IN INDUSTRY AND TECHNOLOGY
MEYER INDUSTRY RESEARCH is a specialist in the preparation and execution of market analyses in demanding technology sectors. For our clients from the automotive, mechanical engineering, medical technology, energy technology and electronics industries, we develop fact-based and reliable decision-making bases with our professional market analyses.
The market analyses we prepare for companies serve our clients as a profound basis for strategy projects, market entry plans and in the area of mergers & acquisitions (M&A).
